A shared passion for property prompted Mitch Fraser and John Allen to create Tomorrow Finance – a website that offers prospective home-buyers and investors a new way of getting the ideal loan without paying brokerage fees or suffering through endless meetings with bank managers.
Seeking finance can be a daunting task, even for the most confident business owner. With careful planning and a clear view of what the banks are looking for, however, the burden of obtaining finance can be greatly reduced.
The four major banks are closing the gap in business satisfaction against smaller rivals. Satisfaction with the Big Four climbed to a new record high in November, continuing a trend seen throughout 2011, according to the DBM Consultants Business Financial Services Monitor.
Intense competition between the banks is making it easier to get the best banking deal and loan terms for your business.
Bankwest announces the introduction of the Business FeeSaver Loan, a straightforward product that delivers all the benefits of a Bankwest business loan, minus the upfront bank fees. Bankwest will begin offering the Business FeeSaver Loan, to business customers Australia-wide immediately.
With the number of insolvencies continuing to rise among both small and large businesses, distressed companies must rethink their strategies towards banks and the Australian Taxation Office (ATO) by conducting their negotiations in a conciliatory rather than a hostile or aggressive manner, according to PKF chartered accountants and business advisers.
In Australia approximately 96 percent of businesses are “small”, so it seems odd that the banks prefer to lend for mortgages than business growth. Senior NAB executive Joseph Healy shared his views about how banks think and why small businesses struggle to get their help.
After the success of our Tips for mortgage holders affected by Queensland & Victorian Floods article earlier this week, we asked Mortgage Choice for more general tips for business owners looking to get their mortgages under control and free up working capital for your business in 2011.
Mortgage Choice has identified a number of tips for mortgage holders and businesses with loans affected by the floods in Queensland and Victoria, we have republished them below and hope you find them useful.
Interest rates were held at 4.75 percent by the Reserve Bank of Australia on the back of rising concerns about the European sovereign debt crisis despite wage pressures from the shortage of skilled labour on the back of a 33.2 percent increase in job ads over the last year.
