There is a range of finance options available to small business owners but securing the right loan for your business can still be quite a challenge. Often the difference between a successful and an unsuccessful application is knowing what supporting documentation to provide when you apply. The key to securing a loan is understanding that lenders approve applications they assess…
Banks and lenders will not lend 100% of a loan. Meaning that as a minimum you are usually required to prove that at least 5% 0f y0ur home deposit from genuine savings? Once your loan falls into mortgage insurance territory then genuine savings becomes a requirement. What is genuine savings? The majority of lenders will require that your savings have…
Self declared truck finance & trailer finance Available for commercial loans or business customers. We have a new self declared truck finance & trailer finance policy up to $500,000. With a small amount of paperwork we can source an approval for your truck finance. The truck can be no older than 8 years old by the end of the term….
If done properly, refinancing your current home loan can save you thousands of dollars over the course of your loan in repayments. To find out how to get more out of refinancing your home loan follow this guide by Loanbrite. According to the Australian Bureau of Statistics, around $4.6 billion of home loan’s were refinanced in just April 2014 alone….
Why the need for an Unsecured Business Loan Every year in Australia 400,000 small and medium-sized businesses need cash flow finance, and usually the big banks can’t help. No more providing endless financial information and pain-staking paperwork to fill. Your bank statements can be accessed all online within the application system. No need to photocopy or email documents. The entire…
What is Insurance Premium Funding? Insurance Premium Funding (IPF) involves the lending of funds, to a person or company, to cover the cost of an insurance premium or multiple premiums that may be due. Insurance is a necessity for every well-managed business but having to pay insurance premiums up front can take a toll on your cash flow. Insurance Premium…
How does an unsecured business loan in Australia work? An unsecured business loan in Australia works on the basis of a fixed term with daily or weekly repayments and is suitable for businesses with regular (daily/weekly/monthly) sales income. This loan can be used for any business requirement such as cash flow, inventory, renovating or expanding your business, upgrading equipment, paying…
Are you one of those people that’s afraid of the big, bad bank manager and hate the thought of asking for a great big home loan? It really doesn’t need to be such a scary process, but to help make things go a little bit easier for you, Loanbrite has some great tips on how you can improve your chances…
New Business Car Finance Are you a new startup or small business looking for car finance but have no financials? A Business Start Up Car Loan can help. Get a head start on the business road ahead with a business start-up car loan. No financials required for new entities(companies or individuals): No property ownership required Your ABN can be 1…
