The Fundamentals of Asset Finance Financing business assets can provide ongoing value, when done right.  Before diving into different structuring options it is best to have a grasp of asset finan...

Australian Business Growth Fund (“ABGF”) What is it? The ABGF is an independent initiative designed to provide equity support to growing Australian owned trading business. Established in 2...

THE RETURN OF BORROWING IN SUPERANNUATION? Australia has more than 550,000 Self Managed Superannuation Funds ("SMSF") in operation.  Since it was allowed in 2007, gearing via Superannuation has b...

Character & Credit Scores “Lending is not based primarily on money or property. No sir, the first thing is character.”  J.P. Morgan Character is arguably the key component of the&...

So you run your own business? Do you know what it is worth? How do you value it? Is it a Business? According to data produced by the Australian Small Business and Family Enterprise Ombudsman, the...

Some changing times for commercial lending, interest rate increases are here, as we move away from emergency settings for monetary policy.This also comes at a time when Goverment support, in the guise...

What are Covenants in Commercial Lending? Covenants in a banking context are restrictions or requirements that lenders place on the borrower. These restrictions can be many and varied, both quantitati...

Overview Many people without training in accounting or finance can find reviewing, understanding and analysing financial statements a daunting process. Here are a few tips on where to start and how to...

OVERVIEW Structuring Business Finance is more complicated than many, including some accountants, realise. In the most primitive sense, money is a commodity, and in that regard, the product offerings...

Emerging World of SME LendingWestpac has joined others in its market with expansion of commercial lending policy for the SME sector. They are extending out allowable loan terms and allowing more lever...

Showing Loan Servicing ("Capacity") There are a number of different methodologies for demonstrating the ability for a business to service debt. All credit providers apply different logic and scoring m...

Security or Collateral are the assets that a borrower provides to a lender, as security for credit. For the credit provider, this serves as a protection against potential loss of capital. Overview The...