A common theme among small business owners is the consistent workload and stress of managing and growing their business. According to Trading Economics 2021, they reported 16.6% of the Australian workforce were self-employed. For that 16.6% of Aussies, building and maintaining a business, is a challenging process that involves many demands and uncertainties, ranging from […]

Taking out a loan can be intimidating for small businesses, particularly for newer businesses that haven’t had a loan before. There are a lot of questions you need to ask yourself before you even start looking. How do you know if your business is ready? Can your business afford a loan? Does your business even […]

Did you realise that lenders will look closely at certain frequent spending patterns you might have? Are you aware that certain spending habits could raise eyebrows with lenders when you’re applying for a loan? While managing your money wisely and cutting back on expenses can improve your chances, occasional splurges are understandable. However, some habits […]

A balloon payment is an amount due in full to the lender at the end of the loan period, after all scheduled monthly loan repayments have been completed.  This enables you to repay your loan over its term, at reduced monthly installments.  And how is the payment calculated? For example: Let’s say you buy equipment, […]

If you are exploring financing options for your business equipment, such as trucks, trailers, or excavators, it can be an overwhelming task. Although your first thought might be to discuss a loan with your bank, there’s a more efficient alternative that can save you time, effort, and money – engaging the services of a finance […]