Business finance support includes a range of commercial loans to address specific issues and asset acquisition credit facilities to fund new equipment. In the commercial credit sector, there is not a ‘one loan fits all’ option. To be effective and truly support an operation, the financing facility should be selected, sourced and structured to address the specific need or objective. Businesses have a range of options to consider and different options to source the support required. While it can be a positive to have many options, the downside may be confusion which may lead to inaction.
Need funding support but not sure of the right option or where to go to find it? Confused by all the options in the commercial lending sector? Uncertainty about future RBA rate decisions have you baulking at taking on more credit?
As specialists in commercial lending, we assist business operators with not only their equipment financing requirements but with other commercial credit solutions to specifically target key issues.
How We Help Operators
As finance brokers our role is to work with our clients to source the most suitable and affordable funding to suit their requirements. With the commercial lending sector large and diverse, we provide that vital link between business operators and lenders, while offering a comprehensive financing service.
Essentially, once we have your brief, we do the hard work for you. Through our accreditation with a large lender base - banks and non-bank lenders, including specialists in key industry sectors, we help businesses navigate through the commercial lending sector. Clearing the confusion, saving them time, and providing access to essential funding channels.
A key aspect of our assistance is in finding the best possible rates in this large market. While the Reserve Bank sets the cash rate, lenders set their own rates. Different rates can be offered on a similar credit facility from different lenders, and for operators on similar equipment but in different industries.
We stay across market moves at an industry level, know where the best rates are currently on offer and know the criteria used by our lenders to offer the best rates. Using this knowledge, we support operators by sourcing their best possible rate from the most suitable lender.
Using our finance expertise, we negotiate with the lender for the most suitable term and structure funding that best addresses the objectives of our customer.
Business Finance We Offer
We know financing and we know business. When operators approach us for business finance support, we listen. Listen to the issues they are facing and suggest and source a suitable solution to address the issue. We understand the needs of operators and have access to the right lenders to provide funding support.
The need may be for new plant, machinery and equipment to boost production, reduce costs with more economical, fuel-efficient units, or to replace ageing and unserviceable machines. We offer a complete portfolio of asset loans to suit all business set-ups and structures. Our clients can select from Chattel Mortgage, Lease, Rent-to-Own and Commercial Hire Purchase to fund the purchase of new and used machinery.
New and small operators including sole traders and owner-operators can access vital funding through our accessibility to No Doc and Low loans across our portfolio.
Existing credit arrangements can become a source of issues for businesses where changes in turnover or changes in variable interest rate loans make repayments unworkable. A more workable solution may be sourced through our refinancing services. When quotes for refinancing are requested, we source the most affordable solution.
Refinancing can include costs such as lender fees for early payouts and to establish the new loan. Different rates can apply compared with the existing loan as the asset is refinanced as used goods. Where we do not consider refinancing improves the situation for the business, we do not advise proceeding. Our brokers source alternative funding support options.
A widely used business finance support facility is the Overdraft. While an extremely versatile and popular credit product for businesses, it is also widely available in the banking sector. What operators may not be aware of, is that we also source Overdrafts through some of our non-bank lenders. Rates can be highly competitive and may offer a more affordable option than using your bank.
As experts in commercial finance, we offer specialised solutions to target specific business pain points such as large insurance premiums with Insurance Premium Funding and delayed receipt of payments with Debtor Invoice Funding.
Using a Broker for Business Finance
Businesses do not need referrals to connect with us. Contact is made directly and you are assigned one of our brokers to handle your specific requirements. Personal attention and service is assured with our focus on your needs and delivering solutions to support your operation.
For business finance support and asset finance solutions, connect with Jade Equipment Finance 1300 000 003.
DISCLAIMER: IF MISINTERPRETATIONS, MISREPRESENTATION OR ERRORS EXIST IN THIS ARTICLE, NO LIABILITY IS ACCEPTED. THE INFORMATION IS PROVIDED ONLY FOR GENERAL PURPOSES AND NOT IN ANY MANNER INTENDED AS THE ONLY SOURCE FOR MAKING FINANCIAL DECISIONS. THOSE THAT CONSIDER THEY REQUIRE ADDITIONAL GUIDANCE OR ADVICE SHOULD REFER TO AN INDEPENDENT FINANCIAL ADVISOR.
