Finance

Commercial Finance Services

Our highly experienced Finance Team would love the opportunity to assist you with any of your commercial finance needs, be it:

• Business acquisition
• Starting up a business
• Purchasing commercial premises – owner-occupier & investment
• Financing working capital – including Invoice Finance
• Debt consolidation
• Management buyouts – provide funding to purchase a business by management and staff
• Professional services buyouts/buy-ins – Funding to buy out an existing partner or buy-in to an existing professional firm, such as accounting practice, solicitors, financial planning businesses.
• Review & refinancing of existing facilities
• Bridging finance facilities
• Development finance
• Debtor finance
• Overdrafts

Apply for a Loan

Life Happens

Sometimes circumstances beyond your control can result in a short term problem in your cash flow. Before you know it, this grows into a bigger problem making it increasingly harder to resolve, and resulting in negative information affecting your credit rating.

At AAG finance, we understand that it is often not your fault, and all you need is an opportunity to fix it.

We have seen this before. We understand how to explain Your Story to the lenders, and we have the lender relationships to get you a Fair Go.

So before taking out a personal loan to consolidate your debts, talk to someone from the AAG Finance team and have your situation reviewed holistically and obligation-free.

We will help you work out what you can repay and select the most appropriate solution to ensure you will save money and help you clear your debts.

After all, we all deserve a second chance.

Why use AustAsia Finance Brokers?

The short answer: Because we will save you time and money!

Finance lenders offer a large range of options that may or may not suit your circumstances or match your requirements. Perhaps a loan has an attractive rate, but only for an introductory period, or maybe only if you agree to a longer-term period, which may or may not be suitable to you. Some may require a balloon payment at the end etc.

Some lenders may offer better rates than what they advertise, depending on how they assess your risk profile, and some loans may only be available via finance brokers like ourselves.

Since we work directly with over 40 lenders, including banks, independent or private finance companies and more, we can offer you a choice of finance solutions tailored to suit you and ensure you receive the best rate you can at the same time.

And the best part of all of this is that there is no charge to you for our service, as the lenders pay us for our trouble.

So give us a call for a no-obligation proposal. You may just be surprised at what we can do to help you.

AustAsia Finance Brokers comply with the Federal Government’s Best Interest Duty, ensuring that we always prioritise your best interests in everything we do.

Benefits of Financing Equipment

We believe, that depending on your needs and circumstance, there can be a number of benefits to equipment finance, such as:

• Fast approval and settlement times;
• Finance for 100% of purchase price, including GST;
• No security taken from residential or commercial properties – stand alone facility;
• Fixed interest rates and repayments for the life of the loan;
• Repayment terms can be adjusted to suit nature of business/cash flow requirements – seasonal industries;
• Leaves cash flow available for other opportunities;
• Import finance available to fund overseas purchases.

Equipment that can be Financed

What sort of items can I finance under an equipment finance facility?

• Shop & office fit outs;
• Motor vehicles, boats, caravans – new & used;
• Medical equipment;
• Plant, equipment & machinery;
• Aircraft;
• IT equipment i.e. computers, printing, software etc.;
• Manufacturing equipment;
• Farming & agriculture equipment;

Why use AustAsia Finance Brokers?

The short answer: Because we will save you time and money!

Finance lenders offer a large range of options, that may or may not suit your circumstances or match your requirements. Perhaps a loan has an attractive rate, but only for an introductory period, or maybe only if you agree to a longer-term period, which may or may not be suitable to you. Some may require a balloon payment at the end etc.

Some lenders may offer better rates than what they advertise, depending on how they assess your risk profile, and some loans may only be available via finance brokers like ourselves.

Since we work directly with over 40 lenders including banks, independent or private finance companies and more, we can offer you a choice of finance solutions that are tailored to suit you, and ensure you receive the best rate you can at the same time.

And the best part of all of this is that there is no charge to you for our service, as we are paid by the lenders for our trouble.

So give us a call for a no-obligation quote, you may just be surprised at what we can do to help you.

AustAsia Finance Brokers comply with the Federal Government’s Best Interest Duty, ensuring that we always prioritise your best interests in everything we do.

Not sure if you’ve got enough for a deposit?

There are several options available for people looking to purchase a property who might not have a 20% deposit. These include:

• Family Guarantees
• Lenders Mortgage Insurance
• First Home Super Saver Scheme

Home Loan Services

Below are just some of the many ways and loan types we can assist you with:

Low-Doc Loans

As the name suggests, low-doc loans require less documentation to substantiate income in the application process. These facilities tend to be best suited to investors, contractors or self-employed borrowers. As a result of the less stringent income verification requirements, low-doc loans carry a greater perceived risk by lenders. Consequently, they tend to attract high than average interest rates, application fees and limitations on the maximum Loan to Value Ratio (LVR).

What income verification do I need?
Typically, a borrower would need a combination of the following documents to evidence their income:

• Proof of ABN and/or GST registration
• Business Activity Statements (BAS)
• Business Account transaction statements
• Accountant’s letter
• Personal tax returns

Non-Conforming Loans

Non-confirming home loans are designed to assist people who don’t meet the standard lending criteria of major banks and lenders. Non-confirming loans are similar to a standard home loan in that they can be used for owner-occupied or investment purposes. Depending on the lender and product, they can offer the choice of fixed or variable repayments, offset accounts, redraw facilities and the option of making extra or lump sum payments. The main difference between a non-conforming and a standard home loan is the interest rate and fee structure. Due to the increased perceived risk by lenders, these loans tend to attract higher interest rates and fees.

Who do they assist?
Non-confirming loans can assist people in a variety of circumstances, such as:

• People with poor/adverse credit history
• Self-employed
• Unstable or irregular income
• New migrants
• People/businesses with tax debt
• Retirees
• People who have recently changed employment or started a new business
• People looking to consolidate existing debt – personal loans, credit cards etc.

How does it work?

If your bank account has a balance of $500, and you make a purchase of $750, $500 will be taken from the savings account, and $250 will be taken from the overdraft account. When you deposit money into your account, the overdraft will be paid off first, then the rest of the funds will go to your account. So, for example, you deposit $1000 into the account, after the $250 overdraft is repaid, $750 will go into your account.