Key Is For Business To Stay Up To Date

Have you had your 2010 financials completed by your accountant? All lenders now require these plus 2009 financials with any applications.

If you have been in business under three years you will also need to have a business plan and copies of BAS returns up to the current time.

If you have plans to upgrade equipment, cars or trucks and want to feel confident about getting your finance, then give me (Dale Joyce) a call on 0407 738 644 and we can work out a plan to achieve your goal based on the information you currently have.

Steps To Buying Your First Home

Are you hoping to buy you first home in the near future and would like some guidance on the process, and how much you need to save? Give me a call (Dale Joyce) on 0407 738 644 and make an appointment for a free assessment.

There are four main factors you need to look at to feel comfortable about your finances when you start looking for that dream home.

1. Your income and expenses and how much you can afford to make in monthly repayments.
2. The amount you can borrow based on your income less expenses.
3. The deposit you will need to save to borrow what you need.
4. Additional funds you will need to cover all the expenses related to a purchase and a loan.

I will come to you at a time and place to suit you, and we can work out a plan to buy your dream home.

Home and Business Loan Update 14 February

A non major bank has a special offer with good basic variable rates for home and business loans starting at 6.95% for a loan of up to 70% of the value of property offered as security. For a lending ratio of 81% to 90% the rate is 7.32% which is comparable with your major lenders. Features of this loan include no restrictions on the amount of cash out on loans up to $1 Mil and up to 90% loan ratio. They also lend for business purposes at residential rates and the borrower can be a company or a trust. Overseas borrowers are also considered.

There is a limited time on this offer so if you are interested it is suggested you act today.

SELF EMPLOYED and would like to purchase or upgrade you home but do not have your financials ready and have not been in business for three years. Low doc loans in their old format no longer exist and lenders are coming out with new policies to meet responsible lending requirements for borrowers who fall within this category. Expect to see "Alternative Income Vertification" loans or words to that effect. Some requirements will be that you have been ABN registered for 2 years, GST registered for 12 months, be able to provide BAS statements and minimum 6 months business banking statements.

FIRST HOME BUYERS - Are you having trouble meeting "genuine savings requirements" of the major lenders? If so give me a call. 

As long as you have proof that you have the funds (including First Home Owners Grant) to finalise the sale I have a well respected bank who will lend you up to 95% of the value of the property plus capitalise the lenders mortgage insurance. This lender also has a special going ending 29th April 2011 with 0.20% discount off their standard Back to Basics variable rate and no establishment fee.

EQUIPMENT FINANCE - Your time is valuable and my service to you is that I will come to you at a time and place to suit you to discuss your finance requirements. We can discuss what you need and what loans there are available and which lenders policy may suit your current financial position. If time permits I can also provide a free credit assessment on your current borrowing and how they may affect any future needs to borrow or undertake and action which will improve your financial structure.

Home and Business Loan Update - 01 February

As we progress into the New Year more lenders are having special promotions to obtain business. The latest across my desk is a discount of 0.20% on the basic variable rate for new lending of $150,000 and over, which commences 31 January and is available until 29 April 2011.

For a loan of $150,000 over 25 years this can represent a saving of $19.25 per month. This does not seem much but when average home loans are around $300,000 this count represent a saving of around $38.50 per month.

An offer suitable for small business - business loans at residential rates with no cash out restrictions on loans up to $1Mil and a lending ratio of 90%. You can borrow as a company, trust or individual.

Competitive Interest Rate On Commerical Vehicles

With the work available for heavy commercial vehicles in the Eastern States, you may need to replace or upgrade your truck. If so PMI Finance Broking Service has access to an extensive range of extremely competitive interest rates and a broad range of vehicle and heavy equipment finance products.

For a free assessment on affordability and possible restructure of finances to achieve your goal, please phone Dale on 0407 738 644.

Gen Y Hospitality Start Ups

For the Gen Y entrepreneur who has completed their apprenticeships and want to start their own restaurant, cafe or like business in the hospitality industry we have the product to help you obtain your equipment to get you started. Unlike the banks you do not need to have real estate security and there are no director guarantees required.

Initially you rent the equipment. Should at any time the equipment no longer suit your needs, it can be replace with other suitable equipment. This funding is very flexible.

Please phone me on 0407 738 644 yo find out more about this very attractive finance product.