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...
Latest Finance News
Reverse Mortgage
As we journey through life, our needs evolve, and sometimes, financial constraints can feel like a roadblock to achieving our goals. Luckily, for Australians over 60 who own their own homes, there is a financial lifeline that can provide relief: a reverse mortgage. But what is it, and could it...
15-Year vs. 30-Year Mortgages
Choosing between 15-year and 30-year mortgages can significantly impact your finances, influencing everything from monthly cash flow to long-term savings. Let's delve into the nuances of each option to guide you through this critical decision-making process. The 30-Year Mortgage: A Familiar Path For many aspiring homeowners, the 30-year mortgage stands...
A guide to low-deposit home loans
Saving for your first home is no easy feat for many Australians. It requires disciplined savings habits and maybe even sacrificing a few smashed avo brunches along the way. It’s not all doom and gloom though, for those struggling to save a hefty deposit, there is a beacon of hope:...
Exploring how an appraisal affects home loan applications
Home appraisals have a lot of influence during your loan application. So much so that they can potentially shape the outcome of your application, be it approved or rejected. Given their significance, all home buyers should fully understand the appraisal process and what it involves. What is a home appraisal?...
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...
5 Common Home Loan Application Mistakes to Avoid
Are you gearing up to step into the world of homeownership? Whether you're a seasoned investor or a first-time buyer, securing a home loan can be a complex journey filled with potential mistakes along the way. To help you navigate this process successfully, let's delve into the five most common...
Navigating the Home Loan Maze
In the intricate world of a home loan, finding the optimal deal is akin to uncovering a hidden treasure. Yet, armed with knowledge and strategic planning, this endeavour can evolve into a gratifying journey towards homeownership. Let's delve into the pivotal considerations and strategies for securing a favourable home loan....
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...