Finance Insights

Purchasing machinery from Private Sellers

Are you looking to buy used machinery or equipment - but the seller is not a licensed dealer?Finance is available on privately purchased machinery of all types (to approved ABN holders) but there is extra paperwork, searches, and a number of challenges that a customer/business may face, all of which...

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Secured Vs Unsecured Loans

If you’ve applied for a business loan in the past then you are likely aware that the process isn’t exactly straightforward.Whether you’re taking out a loan to purchase inventory, invest in advertising and marketing or just for working capital, there are a multitude of different loans available from bank and...

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Private Sale Vehicle Finance

Are you looking to buy a used car, ute, truck, or van - but the seller is not a licensed dealer?Commercial finance companies offer loans on privately purchased vehicles (to approved ABN holders) but there is extra paperwork, searches, and a number of challenges that a customer/business may face, all...

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What is the actual cost of your loan?

An important thing to look out for when you buying a new vehicle is the real cost of the finance - beyond the flashy advertising and marketing of car dealer finance. A low advertised interest rate will be attractive, but it often does not include the additional financed fees (origination...

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Business Loan Success Story

Unsecured business loans can be used for a variety of purposes.  From consolidating debt, to hiring staff, and investing in marketing.A recent success story involves a business owner in the construction industry.  KRW arranged a small loan to allow the business owner to purchase advertising space on local radio.  Within months...

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WorkCover Insurance 2020/2021

Many businesses are starting to receive their WorkCover insurance premium notices.Did you know that if you pay the full amount before the first due date you receive a 5% discount on the premium?  By funding the premium and getting this discount it can greatly reduce the cost of the finance...

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Supply Chain Finance

When you think of finance, you would normally think of something that costs money.  Not so with an exciting new supply chain finance product.The supply chain finance product is an off balance sheet credit fund, made available to businesses to pay their suppliers/subcontractors.    For example: your business currently pays...

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Instant asset write-off

Claim 100% of the cost of your new business machinery, equipment, and vehicles against this year's incomeWith June 30 fast approaching time is running out to maximise your business tax deductions.  Under the ATO Instant Asset Write Off scheme you can claim the cost of your newly purchased machinery, equipment,...

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Instant asset write-off increased and extended

In the 2019-2020 Budget Announcement, the Federal Government proposed to increase the instant asset write-off threshold from $20,000 to $30,000 for eligible assets and also sought to expand the application of the instant asset write-off to apply to both small and medium sized businesses with an aggregated annual turnover of...

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What is small ticket equipment finance?

In the finance industry, the term "small ticket" is often applied to equipment loans under $50,000.  There are a number of non-bank finance companies with streamlined credit approval processes to assist business owners with the acquisition of equipment that may be critical to the operation of their business.To qualify for...

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