Lending Specialist

Everything you need to know about purchasing an investment property in Australia
There are certain things all savvy property investors do, especially when they’re starting out. Understanding the responsibilities of property investment and if it’s the right decision for you is the first step.
Setting out a strategy and researching suitable areas for property investment will help set you on a successful path as a property investor. And of course, setting your budget and making sure you are spending within your means is critical.
Once your strategy and finances are in order, it’s time to find the right investment loan.
Buying an investment means preparing for the long-term management of the property. Finding the right tenants early on, means that the ongoing management is easy and stress free.
As you embark on your property investment journey, we hope these tips are helpful.

Refinancing can give you access to equity you have built up in your home, or could simply save you money by consolidating personal debts or moving to a more competitively priced loan.
There are many reasons why you may want to consider refinancing your home, car or personal debt. No matter what you’re trying to achieve, when you refinance you’re essentially swapping your existing loan for a new one, so it’s important to do your research and make sure you’re switching to the right loan.
A home loan is a long-term commitment and it’s important to understand the ins and outs of refinancing and decide if it’s the right option for you at the moment.
Over time it is easy to end up with multiple personal debts each with their own set of fees and possibly high interest charges. Simplifying them all into one loan could make managing the finances a little easier and maybe save some money along the way.
The most important thing to know is that there are different types of refinancing to suit your circumstances. Whether you’re looking for lower monthly repayments, want to consolidate your debts or access the equity in your home, there’s plenty of choice available.

Greater Finance can help you with business finance for business expansion, commercial investing, equipment, leasing, buying and property purchases.
It makes good business sense to have a simple and flexible commercial loan structure when you grow your business. We can also help with refinance of commercial properties, retail shops, industrial land, factories and offices, as well as cash flow lending.
We make it easier for you to buy a commercial property or refinance the loan you have now. Greater Finance helps investors and business owners with loans to achieve their goals.
We can help you with commercial finance features like:

Overdrafts
Term loans
Cash flow finance
Commercial purchase SMSF
Hire purchase
Chattel mortgage
Leasing finance
At Greater Finance we will help you understand your commercial finance options and work out which loan structure is right for your business or investment portfolio.

Security for business and commercial loans

Like a home loan, your business or commercial finance loan will need security. This might include:

Residential property
Commercial property
Assets of your business such as stock
Guarantee of directors supported by residential/commercial property
Commercial loan borrowing power
With lending criteria tightening, the knowledge and experience of a good commercial loan specialist is invaluable.

The amount you can borrow is on a case-by-case basis. A good commercial loan specialist can help work out your borrowing capacity based on criteria like the industry you're in and the type of security you have.
Generally, your borrowing capacity is worked out as what's known as an 'interest coverage ratio'. This is your company's earnings before interest and taxes (EBIT), divided by interest expense. Interest expense is a ratio used to work out how easily you can pay interest on outstanding debt.
A business loan secured by cash flow, partly secured by property, or a combination of both, may need an interest cover of three times or more.

Whether it’s a sports car, a family car, or even a first car, not many of us have the cash on hand to buy a vehicle outright.
But just as there are all kinds of cars on the market, there’s also a huge range of loans available. And just like with cars, some will be more ‘you’ than others.
That’s where we can help. Instead of simply accepting the loan your car dealer offers you or if you want to purchase a vehicle privately, we'll put you in control - helping you choose from a panel of lenders, to find the loan that’s right for you.
Best of all, we do all the legwork (and all the paperwork).
So if you’re ready to get in the driver’s seat with your car loan, contact us today..