How we help your business
How we help YOU
My team and I
Have a detailed knowledge of the loan market
Are independent and not tied to any particular lender
Can assess your financial situation and needs and find suitable loan products with competitive interest rates
Explain any financial and legal terms in the documentation
Assist throughout the loan application and settlement process
Provide ongoing support during the life of the loan
We act for YOU the borrower, not the lender, but in the vast majority of cases it is the lender financial institution, not the borrower, who pays the broker’s commission fees.
What to do before meeting me or my team
It is a good idea to do some preparation before your first meeting, to get the best results from this session. You should be able to explain clearly what your business does, how it is structured, and who your main competitors are.
Think about your business goals and targets, opportunities and risks, so that you can communicate these clearly. Be prepared to outline the purpose of the funds you hope to borrow – that is, provide details of how you will use the cash to help your business prosper.
There are a few documents you should bring to the meeting with you
Latest financial statements, such as your balance sheet, profit and loss statement, your cash flow statement, any management accounts, your budget or forecast for the coming year.
Business tax returns – the last two years’ returns.
Business Activity Statement – take a years’ worth of BAS. It could be the last annual statement, or the last four quarters’ statements.
Wondering what to ask us?
We will certainly be asking you many questions, but there are also lots of questions you need to ask in return, including:
Would a line of credit, or a term loan, or lease finance, or some other form of finance, suit my particular needs best?
If you think a term loan is best, what term do you recommend?
How much do you think my business can afford to borrow and repay?
Will I need to offer property as security for the loan? If yes, will it need to be my home or commercial property?
Should I be looking for a fixed or variable interest rate?
Do you have testimonials from previous customers?
Whilst we may not be able to answer all of these questions at the first meeting, you should expect full responses before you commit to the recommended finance.
Let’s start the conversation
Pick up the phone or send me an email today. We’re here to help you find the best finance solution to help your business grow.
Disclaimer
The material in this communique is for the benefit and information of clients. The items are in the nature of general comments only, and are not to be used, relied or acted upon without seeking further professional advice. Quantum Business Finance accepts no liability for any errors or omissions, or for any loss or damage suffered as a result of any person acting without such advice.