Straight Talk, Clear Process and Free Business Credit Advice
VISION SHOULD BE EASY
One of the most difficult tasks that entrepreneurs face is convincing others of the viability of their vision. It can seem nearly impossible at times trying to secure finance, not just for their own business, but for their own needs too, such as mortgages, asset financing and most other types of lending.
We have also travelled down this road and are well placed to offer various options to entrepreneurs.
We know banks and know what is possible. We take the time to understand your business and build a sustainable relationship by helping you.
A BUSINESS LOAN CAN HELP
REDUCE THE PRESSURE
There are a number of finance options available to business owners that cover everything from a commercial premises, to car and equipment costs. One of the biggest challenges when owning a business is ensuring you have enough cash flow to set up and run the business.
When unexpected costs arise, a business loan can help reduce the pressure.
A business loan provides security and additional buying power that can be used to grow your business. Whether you’re setting up a new business or looking to expand your offering, there are a number of loans available that suit businesses of varying sizes. Having access to sufficient funds shouldn’t stand in the way of your business’ potential, which is why you should speak to an adviser and find out what options are available to you.
WE SORT IT OUT
If you don’t like banks because of paperwork, bank-speak, higher rates, missing work to suit bank hours, and general bad service, we might be just the thing you’ve been looking for.
Tradies have been the very backbone of the Australian economy for the last few generations. Despite this, banks pay less and less attention to their needs. Particularly with recently established tradies’ businesses, banks more frequently say “no” than “yes”. Their own needs are usually put before their customers, and hence the process of dealing with them has become harder and harder.
Our job is to take away all the hassle and paperwork, so that you can concentrate on what you do best.
DOCTORS & MEDICAL STAFF
TIME IS THE MOST
LIMITED OF ALL COMMODITIES
The medical profession has seen dramatic changes over the least 20 years. The time pressures on doctors and medical staff are more now than ever before. Hence searching for the best deal, knowing how your money is working for you, if at all, future investment in property, and any number of options can be bewildering and, all-in-all, a very time consuming process.
We take care of all this for you. There are special financing deals available to doctors from various lenders. We will go through all these for you and ensure that you get your own time back.
Time is the most limited of all commodities. We aim to give this back to you, so you can return to doing what you do best.
FIND OUT WHAT LENDERS WANT
In commercial lending there is no “one size fits all” policy. Lenders will look closely at the following aspects of your business:
- Your industry experience and past history of business success
- A business plan, market and competitor analysis completed?
- Your personal financials and other debt
- Your collateral (e.g. property) as loan security
- Purpose of the loan, e.g. equipment
WHY DO BANKS TREAT SELF-EMPLOYED PEOPLE SO BADLY?
EXPANDING YOUR BUSINESS
Paul runs a profitable signage firm with her wife Karen, which now employs eight people. They required finance to purchase a business premises so their firm could expand. Their cash earnings are good and they maintain a good lifestyle. However, their taxable income is quite low. This frequently acts against them whenever they have visited their bank branch to inquire about finance.
Australian Mortgage Corporation worked with them and presented a strong business case to various lenders to fully finance the purchase of commercial premises. This not only serves as the business HQ but has allowed them rent some of the office to help repay the loan on the business.
Finance was secured 75% against premises and the remainder (including stamp duty) was borrowed against their home. Within 5 years they plan to have no mortgage on their home and the business debt will be secured only against the premises.
REFINANCING A BUSINESS LOAN
Ben runs his own car detailing business just outside Sydney, NSW. He and Grace were trying to save up to buy a bigger house. Due to the existing car and business equipment loans, his ability to service a mortgage was reduced by his existing loan repayments.
He had already gone to various banks, but they had all turned him down because it wasn’t worth their while investing time to look for an alternative structure that may actually work.
He had already gone to various big name banks, but they had all turned him down because it wasn’t’ worth their effort thinking outside the box.
We helped him consolidate two of the loans and lengthen the term while still maintaining the tax and depreciation benefits, but crucially reducing his monthly outgoings. With a little rework of his existing facilities we managed to, not only get them a replacement for the existing loans at better rates and longer terms, but also Ben and Grace were able to purchase a bigger house for their growing family.
REFER A FRIEND
AND GET $500
When you refer a friend, and they subsequently do business with us, you will receive $500 as a thank you.
We respect your confidentiality and will never disclose your information to a third party. We comply with all the Privacy Laws of Australia. Should you have any queries with regards to this, please do not hesitate to contact us.
THE BEST CALCULATOR IS YOUR BROKER
Contact us for a more accurate assessment and find out what's possible.
READ WHAT THEY SAY ABOUT US
With interest rates at an all-time low, and many lender’s fixed rates lower than their variable options, locking in an interest rate on your home loan to guard against possible future fluctuation may be attractive. However, it pays to know the ins and outs of...
If you are finding it tough to meet your current financial obligations or you are just interested in reviewing your current home loan, then you are not alone. Mortgage brokers stand ready and able to assist with your options during this difficult time. Turbulent does...
There is more to selling your home than putting up a ‘For Sale’ sign on your front lawn. Here are the first things you should check off your list to help you get a favourable result from your investment and to ensure the process runs as smoothly as possible. ...
1. Construction Loans are different to traditional home loans Construction loans are designed to allow you the ability to build your dream home, but also to mitigate risks of project blow-out and delays. Every bank has different policies but generally you shouldn’t...
You may have an investment property that you plan to renovate, or it may be your own house. Once the renovation is finalised, it is a good idea to get your property re-valuated. Here’s why: Let’s say the property’s original value was $1M and your loan is 80% of the...
Buying a house and building a house is not the same thing. Financing a house purchase is relatively straightforward. You agree on a sale price, your broker gets you a good deal with a bank that lends you 80% of the cost, and you pay the remaining 20% plus costs. You...
TO KNOW WHAT'S POSSIBLE