2017 in Review: Biggest Financial Announcements of the Year
It’s been a busy year for the finance and mortgage industry with plenty of changes, and the introduction of new policies and products, so in case you missed it, we’ve collated the biggest events of 2017 for you: 1.5% Cash Rate – The RBA left the cash rate at a record low of 1.5% throughout […]
How Do Banks Calculate Business Risk?
When a bank lends money to a customer, it takes the risk that the customer may not repay the money under the terms and conditions offered by the bank. Just like you, banks are in business to make money, so they want to manage their risk as much as possible when lending money to a […]
Commercial Loans at 4.45% for Business Owners
Do you have a client who is planning on opening up a new location or is planning a new business venture; say a new office building, shopping centre, industrial warehouse or apartment complex? They will most probably need a commercial loan and you’ve come to the right place. We have access to lenders who will […]
It’s Time to Speak to Your Clients about their Budget
It is now more vital than ever to be having a discussion with your clients about their budget and spending habits. Recently, the Australian Securities & Investments Commission (ASIC) have been focusing the spotlight on living expenses and now require Lenders and Brokers to request savings account statements to verify that the borrowers expenses accurately […]
5 Mistakes Business Owners Make When Taking Out a Business Loan
It takes money to run a business, especially if you’re planning on purchasing new equipment or expanding. In most cases, you’ll need to borrow to get the necessary funds for your purchase or expansion. You therefore need to avoid these common mistakes: 1. Not following the business plan. Every business owner understands that it’s a nightmare […]