Does your business need refinancing or restructuring? As this tale of a business with urgent liquidity problems shows, having a finance broker managing the project can be the key to success.
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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.
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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.
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Preparing a detailed business plan will inform the lender about your business proposal so that it can assess your application as favourably as possible.
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The first steps of buying a property, a business or commercial equipment is often securing the finance, and the ‘make or break’ nature of that can make the first meeting with a finance broker a daunting prospect...Read More