The key to your new business venture could be your existing home equity! If you were born with an entrepreneurial spirit but lack the start-up funds, there are a few options to turn your business ideas into reality. One viable option worth exploring is leveraging your home equity to kick-start...
How to Secure Funds for Your Business Purchase
For many aspiring business owners, the journey to purchasing a business begins with the daunting task of securing the necessary funds. As of June 30th, 2023, there was just shy of 1 business owner for every 10 Australians—a testament to the noble pursuit of entrepreneurship, offering flexibility, financial freedom, and...
The Power of Asset-Based Financing
Securing adequate funding can pose a persistent challenge for entrepreneurs and established business owners alike. While traditional avenues such as loans and equity financing are widely recognised, there's another option often overlooked: asset-based financing. This method of raising capital is gaining traction for its versatility and accessibility, offering businesses a...
Exploring Your Business Funding Options
Embarking on a new business venture or expanding an existing one requires more than just a great idea – it requires careful consideration of funding options. Among the primary avenues available to entrepreneurs are debt and equity finance. Each avenue offers its own set of advantages and considerations, making it...
The Role of a Business Plan in Securing Financial Support
Most small to medium businesses in Australia require financial support at some point in their journey. Whether those funds are required to kick-start your endeavours or to help your existing business grow there is a crucial document they all need to access finance. Enter the business plan, an essential tool...
5 Essential Steps for Your Business this New Year
As 2023 draws to a close, it's not just about winding down but gearing up for what lies ahead. The transition to a new year presents a unique opportunity for businesses to recalibrate and set the stage for success. Here are five pivotal steps that savvy business owners, like you,...
Impact of Rising Interest Rates on Aussie Businesses
In a recent move, the Reserve Bank of Australia (RBA) has opted to increase interest rates once more, pushing the cash rate to 4.35% as of November 2023, impacting Aussie businesses. This decision has set off ripples across the financial landscape, with conversations predominantly revolving around its impact on homeowners....
Unlock the power of business loans
Getting business loans can be a critical step in acquiring the funds that you need to maintain cash flow, grow your business, or make important purchases. However, it's crucial to understand the process's intricacies as you embark on this journey. In this guide, we will provide you with important steps...
Insider Tips: How Do Lenders Assess Your Business Loan Application?
Securing a business loan can often feel like deciphering a cryptic puzzle. While there are criteria to meet, each lender weighs elements differently. Additionally, different lenders may require information or documents that others don't. Decoding their assessment process is key to supplying the relevant information to ensure a successful application....
How a Business Finance Broker Can Launch Your Startup
Taking your startup from a ground-breaking idea to a thriving business requires more than a brilliant concept. In today's competitive landscape, you'll need access to financial backing to ensure it's success. Finding this funding is not always easy, especially for new entrepreneurs. But business finance brokers are here to help...