by Leanne Watson | Jan 3, 2025 | Commerical, Development, Investing
Introduction Development projects are exciting opportunities to build wealth and create value, but securing the right financing is critical. In this guide, we’ll break down the key aspects of development finance, focusing on the Loan-to-Value Ratio (LVR) and how it...
by Leanne Watson | May 5, 2024 | Business, Commerical, Investing, Self Employed
As the end of the financial year (EOFY) approaches, many businesses are gearing up for the annual sales rush. One often overlooked aspect of EOFY planning is understanding the various finance options available. Having an understanding of the various finance options...
by Leanne Watson | May 1, 2024 | Business, Commerical, Investing, Residential, Self Employed
So, we’ve talked about Capacity in relation to those people who have a ‘job’. When it comes to the ‘Self-Employed’, whether you’re a sole trader or you operate your business as a partnership, a company or a trust, it’s a whole other ball game. When you’re employed by...
by Leanne Watson | Apr 30, 2024 | Business, Commerical, Consumer, Investing, Residential
So, we’ve talked about Credit Rating and Character in relation to loan approval. The next thing to discuss is right up there when it comes to getting your loan approved and that’s your Capacity to repay the debt. The bottom line when we’re giving credit ourselves,...
by Leanne Watson | Apr 29, 2024 | Business, Commerical, Consumer, Investing, Residential, Self Employed
In the last post we looked at Credit Score as the aspect of character most lenders look at first when a finance application is submitted. Therefore, to round the topic off, in this post we’ll look at the broader aspects of Character and the different things lenders...
by Leanne Watson | Apr 28, 2024 | Business, Commerical, Consumer, Investing, Residential, Self Employed
There’s a lot of things lenders look at when they’re considering whether or not to approve a loan application. Not many people realise that, like all businesses, lenders have their niche or target market and as a by-product of that, they develop their credit policy to...
