We source loans for you
Whilst there are a multitude of different types of loans, the loans themselves are basically separated into 2 main categories. Loans that are taken out to meet a person’s Personal needs and those that are used more for Business purposes.
Each is treated differently and we have the expertise and know how to identify how each purpose is considered by the lenders.
When you need to borrow money to help with the purchase of a property, or goods that you wish to use for your own personal needs, these transactions are referred to as Personal Purposes.
Some of reasons could include:
Loans for Personal Purposes are also strongly regulated by ASIC for the ultimate protection of you, the consumer.
There are times in life when you need funds to help cover costs that are predominantly of a business or commercial nature. They could be required to assist set up or purchase a business, renovate or purchase premises, or to help with day to day running costs or expansion of a business.
Other examples of business purposes include the purchase of:
Loans for Business Purposes can be extremely complex requiring sound business plans and strong historical trading or financial history.
You may wish to purchase a property to live in or for investment. The property could be in a major city or remote township.
Examples of the types of properties could include:
Perhaps you have a business and are looking for somewhere from which to operate. These could include:
Either way, the lenders have different rules and policies for each purchase and it is important to deal with experts who know a bit about what ticks the boxes.
There are occasions when the debts you currently have need revisiting and we can help by reviewing what you currently owe and comparing it to other options available in the market.
Reasons to refinance include:
Loans can also be taken out purely for investment. Investments such as purchase of:
Where you have built up equity in property due to increased valuations or paying down of your debt you may wish to draw on some of that equity to help in other areas of your life.
Reasons for these draw-downs include: