Whether you are big or small, most people want someone who cares about their situation and who can keep the lenders on their toes.
We understand this and put ourselves as your advocate to the lenders including renegotiating with your current bank if needed. It is after all, all about you and your business.
We understand that you work hard for your income and that you have no doubt found an accountant that is very good at their job claiming all deductions possible and ending up with your taxable income as small as possible. Often when you present your tax returns for a loan, the person looking at them either doesn’t know how to read a tax return or it is all too hard for them. They may immediately suggest a “low doc” option (invariably at a higher rate) as the only option. This is often not the case.
Business tax returns will often have “add backs” which can be used to make a “full doc” work and allow you to get a better rate and avoid mortgage insurance fees. We know how to read a tax return and we are not afraid of paperwork, we like to dig around and ask questions to understand your situation fully so we can get the self employed home loan you deserve.
Even if tax returns aren’t available, there are a number of stepping stones to work through before accepting a higher interest rate, options can included supplying the last 12 months BAS, 6 months business bank accounts or draft tax returns supported by an accountants letter. We treat everybody uniquely and don’t jump to conclusions just because you are self employed.
Now you have read this far, we encourage you to take action, contact us or call us (1300 396 220) and tell us about your situation. We don’t charge our clients any fees, so this is a great first step in getting your finances working for you. After you contact us we will arrange a suitable time to have a 15 min phone call to collect some basis information so that when we arrive at our first meeting with you, we already have some suggestions to discuss. We know your time is valuable and we want to make sure we don’t waste your time.
We know you have others helping you and we understand the importance of cash flow. We will always work closely with your accountant and financial planner to ensure any recommendation is suitable and meets your needs and desires.
Much the same as you understand how we can help you with home loans, we can do the same thing with your business and commercial loans, from $50K to $250M.
Everybody deserves a great solution.