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How to choose the right business loan From time to time, a business needs a cash injection. With so many lenders offering a dizzying array of products, it can be difficult to know what to choose. There are plenty of different types of business finance, but before diving in and applying, it’s important to understand your requirements first, so that a loan can be matched to your needs, and so that you can potentially avoid the problem in the future. “Do your homework first, because if you don’t, you’re going to buy the wrong product,” says Paul Hutchinson, Managing Partner […]

How to choose the right business loan From time to time, a business needs a cash injection. With so many lenders offering a dizzying array of products, it can be difficult to know what to choose. There are plenty of different types of business finance, but before diving in and applying, it’s important to understand your requirements first, so that a loan can be matched to your needs, and so that you can potentially avoid the problem in the future. “Do your homework first, because if you don’t, you’re going to buy the wrong product,” says Paul Hutchinson, Managing Partner […]

When you’re looking for a home loan, you could go to a Finance Broker or to a Bank. While a Bank will only offer you its own products, a Finance Broker is an industry expert who will take the guesswork out of finding the mortgage product that suits you and your needs. It’s understandable that Finance Brokers are now the number one choice for consumers who are seeking a home loan or to refinance an existing loan. Businesses are also engaging Finance Brokers to help them with their finance needs from car and equipment leasing to loans to help their […]

Bank loyalty is costing you! Chances are if you have maintained your Home Loan or Investment Loan with the same Bank for at least (2) years, you are probably paying an interest rate that is higher than those who work with us to actively manage their Home Loan. We ensure our client gets the best deal available from their existing Bank or if necessary a new Bank. We do all the leg-work. The savings can be significant, our services are free to the client and the opportunity to save money should not be ignored. If you would like us to […]

Fast, competitive car and equipment finance for business… Pre-approved Asset Finance up to $500,000 ‘Low doc’ finance No financials required No tax information required Simple fast approval & settlement Very competitive interest rates from reputable financiers/Banks   Eligibility Criteria You have been in business with an ABN registered for GST for at least (2) years Credit check is to be satisfactory Some other conditions may apply Hutchinson Financial is an authority in banking and finance! We will research, analyse, compare, negotiate, recommend and then arrange finance for you or your business. You still maintain control however we do all the leg-work. […]

You regularly check: Production costs, Commodity prices, Weather forecasts…but what about your financing arrangements? Farming can be a tough business. Often many factors that can make or break a successful enterprise are outside of your direct control. There are however areas in your business that you can influence to optimise the seasons profit outcome. Take for example the cost of financing your business. Ask yourself… Are we paying more than we need to i.e. are we paying interest, fees and charges on our existing finance facilities which have become uncompetitive? What is a ‘good’ interest rate in today’s market? Are […]

So what is a ‘good’ interest rate? Are you paying too much?Is loyalty to your current bank costing you? Save time and money… our services are generally at no cost to our client! Hutchinson Financial will answer the “good” interest rate question and potentially save you thousands! Hutchinson Financial, a Finance Broker Firm (Australian Credit License 429444) will research, analyse, compare, negotiate, recommend and then arrange finance for you or your business. • Significantly reduce your debt facility interest rates, fees and charges• Engineer a debt repayment structure that suits your cash flow• Less onerous facility terms and conditions• Fund […]

Pay your insurance premiums in manageable instalments One of the factors that assists in the management of business cash flow is when your expenses can be paid at regular intervals. Consider your payments for salaries, rent, leases, light and heat etc. all of which occur in manageable instalments. When it comes to business insurance, most insurers expect you to pay the full year’s premiums in one lump sum, which in many cases can represent a significant strain on your cash flow. But now, your business insurance premiums can be handled in instalments with Insurance Premium Finance. Insurance Premium Finance is […]

EOFY: How Small Businesses Can Minimise Tax Liability End of financial year is a great time to take advantage of business equipment deals, particularly with the threshold for accelerated deductions for small business being raised from $1000 to $20,000. Planning ahead and thinking carefully about your business needs are key to minimising both tax liability and cash flow impact. As business owners rush to minimise tax liability and equipment suppliers fight for the dollars those businesses are looking to spend before 30 June, end of financial year generally sees commercial equipment heavily discounted. This year, with the threshold for immediate […]

EOFY: How Small Businesses Can Minimise Tax Liability End of financial year is a great time to take advantage of business equipment deals, particularly with the threshold for accelerated deductions for small business being raised from $1000 to $20,000. Planning ahead and thinking carefully about your business needs are key to minimising both tax liability and cash flow impact. As business owners rush to minimise tax liability and equipment suppliers fight for the dollars those businesses are looking to spend before 30 June, end of financial year generally sees commercial equipment heavily discounted. This year, with the threshold for immediate […]

The preservation of working capital and taxation benefits are two big draw cards for businesses looking to finance staff vehicles. Companies the world over are often faced with the costly requirement for staff cars. However, with the number of financing options on the rise, many business owners are turning to funding these purchases rather than paying cash. Financing, rather than buying outright, enables businesses to take advantage of two key benefits: greater control of cash flow and working capital, as well as various tax benefits. “The preservation of working capital is a key benefit for business owners when comparing financing […]

With so many products offered by various lenders, it can be quite perplexing trying to figure out whether or not you’ve scored yourself a good deal on your home loan. While doing your research and comparing what’s out there in the market is one of the most obvious ways to find out whether you’re sitting on a good deal, it can be a time consuming practice and an overwhelming experience for those without specialist knowledge of the mortgage sector. “It’s good to shop around, and yes you can use comparison websites, but because lenders call like products different names, it […]

In the past, most people who took out a mortgage doggedly continued with it until they had paid it off. These days, people refinance their mortgage much more frequently. The average duration of a home loan in Australia now is just 4-5 years. Here we look at some of the reasons people in Australia refinance their home loan. Mortgage refinancing reasons: lower rate The most common reason for people to refinance their mortgage is to get a better deal. But be careful you don’t become interest rate-fixated. When you refinance your home loan, you need to consider fees and charges […]

Some of the most important decisions a business owner will make are about their premises: whether to rent or buy, where to base the business and even the style of the property are important to get right. For those with an SMSF, there is one more option to consider: landing business premises and an investment property at the same time. Figuring out whether buying your commercial premises through your self-managed super fund (SMSF) is an option that’s suitable for you is imperative to the success of your investment. There can be many gains through purchasing commercial property through your SMSF, […]

Maximising the amount a lender will hand over to you isn’t about trying to take on unmanageable levels of debt. It’s a matter of taking a few simple but smart steps that could mean the difference between toiling in that ‘fixer-upper’ or owning your dream home. Shop around for lenders Different lenders define income in so many different ways that it pays to use a credit adviser who knows their way around what’s included and what’s not. One lender may allow share dividends as income, while another lender may not. Shop around for the right mortgage A good credit adviser will help you […]