How to Finance Heavy Equipment

How to Finance Heavy Equipment

Heavy equipment can be one of the biggest expenses for your business. However, it’s also typically something you can’t afford not to buy.

Fortunately, there are a number of options for financing heavy equipment that allow business owners to cover this essential cost in a more manageable way. For a newcomer, these different options can seem confusing, and it’s important to make the right decision for your business.

In this article, we’ll break down the main options you have for financing heavy equipment and the pros and cons of each.

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How Much Can I Borrow for a Car Loan?

How Much Can I Borrow for a Car Loan?

Car loans are an excellent way to get together the money for a new car, one which you might not be able to afford if you were to pay the full amount upfront. Car loans come in all shapes and sizes — and you can borrow significant amounts of money if you’re able to convince your lender of your ability to repay the loan.

So how much can you borrow? The answer depends, of course, on your personal circumstances and financial situation. In this article, we’ll walk through the main factors that determine how much you can borrow for a car loan.

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How to Make Sure You Qualify for a Commercial Loan

How to Make Sure You Qualify for a Commercial Loan

Starting a business doesn’t come cheap. On average, Australians spend between $3,000 and $5,000 on starting a small business, and this number can be considerably higher depending on the industry and other factors.

In this article, we’ll look at some of the reasons to consider a commercial loan, and walk you through some of the steps you can take to give yourself the best chance of qualifying.

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What Is A Balloon Payment On A Car Loan?

What Is A Balloon Payment On A Car Loan?

Car loans, though, can be expensive in themselves. The interest rate can really add up over the lifespan of a loan, amounting to significant monthly payments and cutting into your ability to save money and cover other living expenses.
A balloon payment is one way to cut down on the cost of your car loan, making it more manageable and affordable. In this post, we’ll break down what a balloon payment is and what you need to be aware of.

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What is Equipment Finance? The Guide

What is Equipment Finance? The Guide

One of the biggest expenses for many types of business is equipment. This can range from things like construction tools and specialist equipment to photography gear and electronics, and often entails large upfront payments. In this article, we’ll talk all about equipment financing and how to get started.

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How Much Can I Borrow with a Car Loan?

How Much Can I Borrow with a Car Loan?

Cars are expensive, and one of the best ways to afford a new (or used) car is to take out a car loan. This helps you spread the expense over several months or years, avoiding a hefty one-off payment. 

In this article, we’ll look at car loans in some more detail and dive into how much you’ll be able to borrow.

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Our Guide to Refinancing Your Mortgage

Our Guide to Refinancing Your Mortgage

For most of us, our mortgage is by far the biggest financial decision we will ever make and the biggest loan we will ever take out. Our home is also, for most of us, by far the most valuable asset we will ever own. Refinancing your mortgage — changing the terms of the loan — is a popular decision for many people. In 2020, around 8% of all Australian mortgages were refinanced. There are many reasons to do this, but there are also difficulties involved and it may not always be the best decision.

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A Guide to Getting a Personal Loan

A Guide to Getting a Personal Loan

Personal loans are an extremely popular way to borrow money and fund purchases. In 2019 alone, 8 million Australians used this method, which shows how easy and accessible it is. Of course, as with all financial decisions, you should take some time to assess your personal situation and work out whether a personal loan is the best option for you. These loans can be a great choice in a number of situations, but at other times you may wish to consider a different route.

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Why Should You Use a Broker for Refinancing your Mortgage?

Why Should You Use a Broker for Refinancing your Mortgage?

The process of refinancing can be fraught with difficulty and potential problems. You can choose to either refinance directly through your original mortgage lender or go through the process with the help of a broker. We think it’s almost always best to work with a broker, and in this article, we’ll explain why. We’ll also cover some of the main reasons to refinance your home, and look at some general tips.

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Why Get a Commercial Loan?

Why Get a Commercial Loan?

Commercial loans allow business owners to take steps forward and grow their enterprise without the need for raising the money upfront. The right loan can be a valuable helping hand to achieving goals and generating much more revenue in the long-term. In this article, we’ll look into some of the main reasons to get a commercial loan and how to do it right.

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