Getting ready for Christmas If you run a retail store, seasonal sales spikes can represent a huge chunk of annual revenue and it’s likely the Christmas season will represent the biggest spike of them all. To make the most of the festive season, you’ll need to ensure you can deliver a high volume of product …
Chattel Mortgage Similar to that of a Home Mortgage, a Chattel Mortgage allows you to buy a asset, which the finance company finances on your behalf. The financier has a mortgage over the asset until you have paid it off. At the end of the term, the asset is yours and there is nothing more …
In the ultra competitive world of home lending non bank lenders are reviewing and amending rates daily. One Lender on our panel MacquarieBank announced that they are reducing a range of variable and fixed rates by 0.07% – 0.51% across both owner occupier and investment loans. These rates will be effective for new loans formally …
Interest Rates for Home Loans continue to plummet Read More »
Specialist Lenders are releasing lower interest financing products into the market place to assist businesses acquire vehicles that are low emissions or emission free. Specialist Financer Metro Finance in conjunction with CEFC have launched a Green Vehicle Finance Imitative that provided businesses with a 0.70%pa discount on their standard rates. The program supports commercial investments …
There have been changes to the instant asset write-off. The instant asset write-off threshold has increased to $30,000 for EACH asset from 7.30pm (AEDT) 2 April 2019 and the instant asset write-off has been extended to 30 June 2020. If you are a small business (with a turnover of less than $10 million), you can immediately deduct …
Instant asset write-off threshold raised to $30,000 for EACH asset Read More »
We recently helped a young couple who wanted to buy a inner city townhouse. They had saved a 10% deposit and went to a BIG4 Bank for a loan and were declined because the home they wanted to purchase was in postcode 6005 (West Perth), an inner city suburb. Referred to us by the Real …
Are Postcode restrictions hurting your opportunities and you don’t even realise it. Read More »
Looking for a car can be a time-consuming exercise as can be a car loan. Many borrowers choose to use car dealership finance options, but most car dealers only have one (or a small range) finance options available. This means the car dealership may not be able to provide solutions for borrowers with low credit …
Have you been declined finance at a car dealership? AND not sure what to do next. Read More »
At Cashflow Recovery we often assist companies looking for working capital to solve several problems and issues in their cashflow. In many cases it’s just that funds need to be used to pay suppliers, accounts payable, employee wages & superannuation quickly. When those loans are used to pay for staff wages, leave and superannuation expenses …
Looking after employees and your interests when money is tight Read More »
Tighter APRA-imposed controls and public spotlight through the banking and financial services royal commission is manifesting in more financing knock-backs for clients from traditional favourites like the major banks. Several banks are pulling out altogether of perceived riskier financing arrangements, like limited recourse borrowing for SMSFs, in what is already a shrinking market for Super Fund trustees. …
Cashflow Recovery boosted by tough market for Borrowers Read More »
