The best way to have a smoother loan process is to ensure that you provide all of the relevant paperwork and information. This helps lenders to have all the information they need to assess you. What do you need to provide these days? Income Proof For PAYG Income, provide the latest two consecutive payslips. A […]
Business Loans Business Loans can help fund business growth, expansion or any other worthwhile business purpose, with the flexibility of fixed, variable or capped interest rates and a choice of repayment options to suit cash flow requirements. A fixed rate loan is a way for you to obtain finance for your business, with the added […]
Letters of credit are very useful for cash flow purposes. Often, suppliers ask for deposits upfront prior to the goods being manufactured. A letter of credit will often replace the need for placing a deposit with your supplier. Further, if letters of credit are allowed to be negotiated then some suppliers will grant credit terms […]
Business Line of Credit A business line of credit is normally used to finance temporary working capital needs of the borrower typically accounts receivable and inventory. It is usually extended for one year. However, the structure of the line is flexible and can be accommodated to the needs of both the borrower and the lender. […]
Set Goals Finding the perfect property requires a lot of research. As a rule of thumb, minimum 10% of the total value of the property should be used as a start of the basis for savings so you will need to an idea of the price of the property you want to buy. As a […]
The first step to buying a home is saving a healthy deposit. Get started with our saving tips for first home buyers. How much do you need? The bigger your deposit, the smaller your loan will be and the less you’ll pay in interest. We recommend that you save as much as you can; 20% […]
