fbpx
Menu

Business Lending

jesse-collins-264791-unsplash

Novated Lease

/ , / /

If you’re an employee and you’re looking to buy a car, a novated lease arrangement could put you in the driver’s seat and save you money in the process. A novated lease is a way you can finance a new or used car. You can make your repayments from your pre-tax salary with approval from your employer under a ‘salary sacrifice’ arrangement. This can effectively reduce your taxable income. It can also allow you to bundle your vehicle’s expenses into one simple payment. Here’s how it works:1. You enter into a lease agreement with a finance provider or a bank […]

catrin johnson 486189 unsplash

Spread your insurance premiums to suit your cash flow

/ , / /

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 […]

taduuda-76960-unsplash

How to buy a home when you’re self-employed

/ , /

Self-employed borrowers often come up against the challenge of not being able to present a raft of payslips and tax returns to back up their loan applications. But this need not stop you buying your dream home. Many lenders offer low-doc loans for self-employed borrowers who can’t hand over payslips and employment records. This means that, rather than the usual documentation, you prove your ability to service a loan using bank statements, declarations from your accountant and financial records. Of course, as with any mortgage application, you must still prove that your income outstrips your spending and you can service […]

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 commit to the wrong product,” says Hutchinson Financial’s  Managing Partner, Paul Hutchinson. “There are hundreds of ways of getting […]