Examples of unsecured business loans for self employed 100k Unsecured Quick Small Business Loans Unsecured Business Loan QLD Business Type Amount Requested Term Purpose for funds Solution Offered Traditional Funding Challenges Software Developer / IT $100,000 9 months Customer required funds for work in progress projects – the funds were required to expand workforce for the growing project scope requirements…
What Energy Assets can we finance? Solar Systems and Energy Efficient Lighting (LED) are the primary focus. Other energy assets can be considered on a case by case basis. If requesting finance for assets outside of solar systems and LED lighting, please contact us with the following details so a pre-assessment can be conducted: • asset description • unit cost…
It is commonly accepted that to avoid paying Lenders Mortgage Insurance (LMI) on a home loan you must contribute a minimum 20% deposit of the property’s purchase price. A deposit of 20% equates to an Loan to Value Ratio (LVR) of 80%. If your loan is above 80% LVR then in most cases (for example Medical professionals/graduates can borrow up…
What is Tax Depreciation Depreciation is the wear and tear of a building and the fixtures and fittings within it. The Australian Taxation Office (ATO) allows investment property owners to claim this depreciation as a deduction in their annual tax return, reducing their taxable income and hence paying less tax. You can download your special reduced fee application form here…
When buying a home, many borrowers come across the term LMI (Lender’s Mortgage Insurance). If you’re purchasing with less than a 20% deposit, chances are you’ll need to pay it. In this guide, we’ll explain what LMI is, how it works, how much LMI costs in Australia, and when it applies. We’ll also show you ways to reduce or avoid…
