non bank lenders

Questions for People Applying For Business Loans

Are you applying for business loans so you can start your own business? Here are five questions to help you make the right decision.
Am I a manager or an entrepreneur?
Entrepreneurs and business managers face almost the same stress when it comes to operating a business. But the two are on opposite sides of the […]

By |October 15th, 2018|Categories: Business Loans|Tags: , , , , , , |Comments Off on Questions for People Applying For Business Loans

Investment Loans – Hiking Rates from Comm Bank

Getting loans for investment properties is going to get a bit more expensive. CBA has recently announced that it will be raising rates on loans for investment properties. Variable rates for investor home loans will go up by 27 basis points bringing the rate up to 5.72 percent.
Investment Loans – Rising Rates
Fixed rates for investor […]

By |August 4th, 2015|Categories: Investment Property Loans|Tags: , , , , , |Comments Off on Investment Loans – Hiking Rates from Comm Bank

Banks Shying Away From Commercial Lending

Throughout Australia, commercial lending from traditional financial institutions continues to shrink, despite a strong economy. According to Industry Super Australia, commercial lending has plummeted, over the past two and a half decades. Instead of being focused on capital formation and long-term economic growth, banks seem to be shifting their attention toward home purchases and refinance […]

By |November 20th, 2014|Categories: Business Loans, Low Doc Loans|Tags: , , , , , |Comments Off on Banks Shying Away From Commercial Lending

Banks Competing for Business Loans

Many of the large banks in Australia are launching new campaigns to encourage their business customers to seek new business loans. Advertising has heated up in the rivalry among the banks with the constant addition of new advertisement in every medium.

To intensify the rivalry, the banks have started adding incentives for a business to bring their loans with promises of up to $20,000 for some. Smaller banks who are struggling to compete with these large promises are trying anything to keep their current customers which include adding fees to businesses trying to leave.

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By |May 20th, 2011|Categories: Business Loans, Short Term Business Loans|Tags: , , , |Comments Off on Banks Competing for Business Loans

Brokers Beat Banks on Customer Satisfaction

Recent research has found that borrowers who use mortgage brokers to source their loan are more satisfied with the service provided and their end loan product than those who source their home loan through the banks.

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By |May 19th, 2011|Categories: Home Loans|Tags: , , , |Comments Off on Brokers Beat Banks on Customer Satisfaction