Bank Guarantees vs Deposit Bonds | Coffey Lending
Deposit Bonds vs Bank Guarantees: Which one is right for you? Are you trying to decide between a deposit bond and a bank guarantee to buy your dream home? Deposit bonds can be sorted out in a day or two. But, bank guarantees take longer because they must meet many legal rules. Learning about the […]
Living expenses: how does it effect your borrowing capacity?
You may be surprised to discover that how much you spend on day-to-day living can considerably reduce the amount you are eligible to borrow, even if you are a high-income earner. So, if you’re planning to buy a home, it may be time to cut back on some of life’s little luxuries and set yourself […]
How can we help you buy business equipment?
Maximise Your Business Cash Flow and Tax Advantages with Equipment Finance Options With the end of the financial year fast approaching, now is a great time to purchase a work vehicle or equipment for your business. The Federal Government passed legislation last year to extend and increase the instant asset tax write-off for small businesses. That means […]
How would an RBA rate rise affect you?
It’s been nearly eight years since the Reserve Bank of Australia (RBA) last raised the country’s official cash rate. Interest rates have been at historical lows for quite some time and as a homeowner, you may never have experienced an “official” rise in interest rates. At present, interest rates remain low and we expect them […]
Fixed Interest vs Variable Home Loans in 2018
Should You Fix Your Interest Rate When Buying or Refinancing Your Home in 2018? If you’re buying a property or considering refinancing your home loan in 2018, you may be asking yourself whether to fix your interest rate or not. Many people think about switching to a fixed interest rate mortgage when interest rates are […]
Choosing the right Finance Structure
Choosing the right Finance structure for your property investment People invest in property to achieve various financial goals, including supplementing retirement funds or covering the costs of children’s education. One thing all investors should have in common is a strategic financial plan to ensure their assets are working to the best of their ability. Good […]
Interest Only Loans
Interest Only Loans How to improve cash flow as a property investor through interest only loans When an investor determines their long-term investment strategy and objectives, the loan structure is an important factor to consider as it can significantly impact the overall success of the investor’s portfolio. Seeking the advice of a financial professional will […]
Choosing the right loan type for your investment?
When it comes to financing your investment property, there are several different options that you can use. Choosing the right one will depend on your investment structure and strategy, but there’s no need to spend days or even weeks researching the options. Here are the most popular loan types used by property investors in Australia […]
Financing for Business Growth
How can you finance your business growth? If you’re self-employed or a small business owner, growing your business can be a challenge. You may find your expansion plans are frustrated by irregular cash-flow, insufficient or out-dated equipment, or business premises that are just too small. Sometimes you may even find yourself missing out on opportunities […]