New Year, New Opportunities: Improve your position in the 2026 Financial Year
Think your past missed or deferred payments are holding you back? Here’s how to take control and start strong in the new financial year—with the right strategy and support.
At PMG Finance, we understand that securing finance isn’t always straightforward—especially when previous payment history may raise red flags for lenders. As we enter the 2025/2026 financial year, now is the ideal time to plan ahead, strengthen your financial position, and ensure you are ready when funding opportunities arise.
Why Past Payments still matter in the New Financial Year
Lenders carefully assess your repayment history when reviewing finance applications. A history of missed or deferred payments can:
- Affect your credit score – Late or missed payments can be recorded with credit agencies.
- Signal financial instability – A history of inconsistent payments may suggest cash flow concerns.
- Impact loan terms – You may face stricter conditions, higher repayments, or lower approval limits.
Even if those payments were deferred for valid reasons—such as economic uncertainty or short-term hardship—lenders will still want clarity and assurance that your current position is stable.
Understanding Missed and Deferred Payments: Why they matter
Deferred payments offer temporary relief during difficult periods, but they can still influence how lenders assess your application. When reviewing your file, they might consider:
- Why the deferral occurred – Was it due to short-term disruption or long-standing financial pressure?
- Length of the deferral – Extended pauses in repayments raise more concern.
- Repayment recovery – Have you resumed regular payments and kept up with them?
Transparency and consistent financial behavior are key to restoring lender confidence.
Your FY2025/2026 finance health plan
The new financial year is the perfect time to prepare for future funding needs. Whether you’re planning to upgrade equipment, invest in growth, or refinance existing facilities—here are practical steps to take now:
- Review your credit report – Check for errors and understand where your credit stands.
➤ Money smart: Credit Scores & Reports - Address any overdue accounts – Clear outstanding debts and maintain on-time payments moving forward.
- Update financial records – Ensure your cash flow statements and financial reports are accurate, current, accessible and regularly reviewed.
- Set clear finance goals – Know what you want to achieve this year—whether it’s purchasing new assets, consolidating debt, or funding expansion.
- Partner with PMG Finance – Our experienced brokers can help you navigate lender expectations and uncover the best-fit solutions for your business.
How PMG Finance supports your financial progress
At PMG Finance, we help clients move forward—not be held back by past financial challenges. Here’s how we work with you:
✅ Tailored guidance – We understand the implications of missed or deferred payments and can assist in preparing a strong, well- documented application.
✅ Extensive lender network – We work with both mainstream and specialist lenders with varying criteria, allowing us to match your application with the most suited to your business funding needs.
✅ Application support – We’ll help package your application to highlight strengths and manage any risks.
✅ Flexible solutions – Whether you’re after equipment finance, working capital, or business expansion funds, we tailor your options.
Take Control of the year ahead
Missed or deferred payments in the past don’t have to define your future. The new financial year is your chance to reset, rebuild, and move forward with confidence.
If you’re planning to access finance this year, talk to the team at PMG Finance today. We’re here to help you secure the right funding solution with the right strategy in place.
Don’t let your past define the future. Start strong – reach out today.
📞 Contact us on 0429 494 641 to get started.
LinkedinDISCLAIMER: The above content is to provide general information and does not constitute financial, legal or other advice. This means that duties and requirements imposed on people who give financial advice do not apply to this content. For advice contact your accountant or legal advisor.