Resource Centre

Finance news, tips & advice

Kicking home loan goals with a refinance

Why does refinancing save me money? In just over the last twelve months we’ve seen 5 rate cuts – from

House prices looking at double-digit growth for 2020

You may be feeling a buzz of excitement this month around the Australian property market as the effects of a

First Home Loan Deposit Scheme

Update: February 2020The initial 3,000 places of the First Home Loan Deposit Scheme, designated to Commonwealth Bank and NAB, were

RBA cuts interest rates to 0.75%:
why, and what will the effect be?

Before Septmber 19, a third rate cut wasn’t expected until early 2020. What changed so quickly? Predictions of a potential

Will we see negative interest rates in Australia?

What are negative interest rates? Negative interest rates theoretically make taking out credit cheaper than using or keeping cash. Although

APRA changes to home loan serviceability requirements

Not only did the beginning of July see a rate cut for a second month in a row, but also

Banks respond to consecutive rate cuts

Understand where you bank stands In June and July 2019 we saw two consecutive rate cuts to take rates to

RBA cuts interest rates

For the second consecutive month the RBA has cut interest rates by 0.25% to reach a record low of 1%.
Equipment Loan Checklist

Equipment Loan Approval Checklist

We’ve compiled a handy equipment loan checklist for the most common types of documentation and what you need to do
vehicle loan approval checklist

Vehicle Finance Approval Checklist

Whether you’re considering a new or used vehicle, as a business or individual, we’ve compiled a handy vehicle finance approval
Calculating when a business loan is the right move for your business

How to calculate if a business loan is the right move

Business opportunities pop up when you least expect it; that fantastic bulk-buy discount on stock that you know flies out

Take advantage of the NEW $30K Instant Asset Write-Off

It’s good news for business owners leading up to tax-time this year, with the government Instant Asset Tax Write-Off increased
Home loan when you are self employed

Getting a home loan when
you are self-employed

Applying for a home loan when you are self-employed can be daunting, particularly when trying to understand the different requirements

Business Loan Approval Checklist

Whether you’re looking for unsecured funds, to buy equipment or to refinance your business debt, we’ve compiled a handy business
Your handy guide to home loan documentation

Home Loan Approval Checklist

Whether you’re considering a new home loan or in the midst of the application process, we’ve compiled a handy guide
Home Loans For Retirees

Refinancing for retirees

At every stage of a home loan, whether it is owner-occupied or for investment, it pays to review its costs
What is LVR?

How understanding your loan-to-value ratio (LVR) can help you pay off your home loan faster

The Loan-to-Value ratio (LVR) is the amount of your loan compared to the value of your property. The lower your
Will interest rates be cut?

Will the RBA lower interest rates?

In 2018, the thought of the Reserve Bank cutting interest rates to a record low of 1.25% was laughable to
Div 7A Private Loans Changes

Div 7A Private Loans:
What do the changes
mean for your clients?

In October 2018, Federal Treasury released a paper titled “Targeted amendments to the Division 7A integrity rules”. If the new rules go

Applying for a home loan after the royal banking commission

With the release of the final report on the 4th February 2019, the most common question amongst customers is ‘what

5 tips for paying off your home loan faster

Did you know that the interest charged on your home loan is calculated on your loan’s daily balance and then

Building equity
in your home

Most people enter a home loan with the eventual goal to own their property outright, in other words, building equity

Using equipment finance can be key to business growth

Upgrading or obtaining new equipment can be key to business growth, whether it’s increasing efficiency or expanding your offering. However

Keep your business equipment up to date without losing your working capital

As a business owner, it makes sense that keeping income producing business equipment up to date is key to your

July 1 2018; changes you’ll want to know about

As the new financial year rolls in there are a number of policies that are set to impact many Australians.
Maximising Your Tax Return

Maximising your tax return; businesses and individuals

Although there are often many other things you would prefer to be doing than maximising your tax return, your time
First Home Super Save Scheme

Enjoy tax concessions with the
First Home Super Saver Scheme

If you’re looking to purchase your first home in the near future, you’re probably looking to save the largest deposit
Beware of rolling your car into your home loan

Rolling your car finance
into your home loan

Low interest rates on home loans make it appealing to roll a car loan into your home loan. While rolling

Getting a home loan
without a 20% deposit

Lenders are generally looking for borrowers with a 20% deposit to put towards a property purchase, plus you will also

The pros and cons of
an unsecured loan

An unsecured loan is a credit product that doesn’t require you to use something as collateral. For example, if you

How the bank assesses your home loan application

Before submitting your home loan application, knowing how the bank will asses your application will give you the best chance

Why your business loan may have been rejected

When your business loan application has been turned down by the bank, your next step may be to approach alternative

8 top tips for buying an investment property

Buying property continues to be one of Australia’s favourite ways to invest. An investment property can increase your wealth and,

Funding your future; debt or equity financing?

As the owner of a small business, one of your most crucial decisions is how to finance your business’s assets.

Why you should separate business and personal finances

There are two main reasons it is best practice to separate business and personal finances: Taxes – one of the

Good time management; a five step refresher

As a small business owner, you know that time is your greatest asset and good time management your greatest tool.

The home loan fees you need to know about

When taking out a home loan, your focus is probably on getting the lowest rate possible. However, don’t get caught out

Three essentials to build new business success

Do you dream of creating new business success? Of the financial freedom and independence that may come with it? Or

Taking your first steps with a maternity leave home loan

If you are looking to start or expand your family you are probably already considering where you’ll live and how

Getting SMART with your financial resolutions

Whether it be saving for a holiday or putting money away for a deposit, you probably have some sort of

Unethical credit card practices may be coming to an end

The end of unethical practices? Practices that deliberately push vulnerable customers into credit card debt will be coming to an

Consumers finding it more difficult to get home loans

Why is it becoming harder to take out a mortgage in Australia? For many consumers it is becoming more difficult

Banks having to refund consumers after mortgage errors

Two of Australia’s biggest banks are having to refund consumers after mortgage errors Two of Australia’s biggest banks are facing

Forecasting cash flow

Cash flow is of crucial importance for any owner of a small business. The concept of cash flow seems simple

Maximise your chances of getting a business loan

There are few small businesses who won’t require additional capital at some point during their life cycle. But with so

Housing Affordability

Housing affordability is a hot topic for politicians & journalists at the moment. Property price rises of 75% in the

Five Ways To Improve Your Business Cashflow

Did you know that a leading reason that small businesses fail is poor cashflow management? The Australian Bureau of Statistics

Four Business Loan Options That Don’t Require Your House as Security

What are the best options for an unsecured loan for your small business? Many people are reluctant to use their

Three Key Questions About Small Business Loans

Taking out a business loan can help your business grow and can lead to great financial reward. However, loans also

The Three Most Important Factors for Approving Your Business Loan

When you’re looking up how to get funding for your business, a quick Google search will show you a confusing

ATO to Report Tax Debts to Credit Agencies

New ATO Powers It has just become even more important to keep on top of the money you owe to the

Money management tips for businesses

If you’re looking to save a little money when it comes to your business expenditure, here’s six quick tips to

Does My Business Have Too Much Debt?

Debt is not necessarily a bad thing. Taking on debt can be a crucial action for your business to improve

Buy? Lease? What is the best option for business equipment?

It may not be an easy decision whether to buy or lease business equipment, but it is well worth it to

Key Factors for Approving Unsecured Business Loans

Our staff at FundingPro often get asked to explain the key factors in deciding if a lender will approve an

How To Get A Fast Business Loan

How can you get a fast business loan? Small business owners often do not have the time to wait to

Calculating ROI For A Business Loan

  If you’re taking out a business loan, or deciding whether to apply for one, it’s wise to do an

Leveraging Your Lender Relationship

If you are a small business owner, how can you make the most out of your relationship with your lender?
Family businesses can be both difficult and rewarding

Family Businesses

Family businesses come in quite different shapes and sizes, but there’s advice that would be useful for any of them.

Is An Asset-Backed Loan Right For Your Business?

What are asset-backed loans? And are they the right type of loan for your business? An asset-backed loan, as the

Information Gaps In The Business Loan Market

There are more than two million small and medium-sized enterprises in Australia, often referred to as SMEs. While big business
Are your interest payments tax deductible?

Are Your Interest Payments Tax Deductible?

If you own a business, yes, they are. As the owner of a business, you can claim deductions for the