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…
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…
The ATO has updated the Luxury Car Tax (LCT) thresholds for the 2015/16 financial year. Starting the 1st of July 2015 luxury car buyers can now look forward to a small price saving. LCT applies to the sale of vehicles that are two years old or younger as per ATO guidelines. Beginning this financial year the threshold has been raised…
The Federal Government has announced a number of measures to help stimulate the Australian economy and encourage business investment. The major implications for financing asset’s and equipment for small businesses are such: Accelerated Depreciation for Small Businesses source: Budget Paper No 2, p 19 The threshold below which small businesses can claim an immediate deduction for the cost of an…
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…
