CreditSME in Sydney, Australia | Consultation agency

CreditSME

Locality: Sydney, Australia

Phone: +61 1300 001 567

Address: Level 1/58 Pitt Street 2000 Sydney, NSW, Australia

Website: http://www.creditsme.com.au/

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• Consultation agency
• Financial service
• Business consultant
• Loan service

18.01.2022 With the end of the year and holidays fast approaching, it’s a good time to get on top of your finances and manage your cash flow more meticulously. Here are a few tips to get your business into shape. 1. Set aside cash and plan in advance for slow sales or unexpected expenses. 2. Increase the number of payment options for your clients.... 3. Get on top of your debtors and chase payments before their due date. 4. Hold off on large purchases such as equipment, property and scale down your inventory order till the new year. 5. Extend the term of your accounts payable with your suppliers till after the holiday period. Alternatively, If require any assistance on your funding requirements (including a possible refinancing of an existing loan facility on better terms/lower rates) to assist during this holiday period, feel free to get in touch on 1300 001 567 or [email protected]

15.01.2022 CreditSME assisted a NSW-based labour hire business to arrange debt funding to buy out an existing shareholder via the use of a cashflow financier. This business had previously used a mortgage broker who did not have the breadth of lenders and expertise in this sector. CreditSME was able to sound out a few funding options, arrange and settle on the loan documentation and facility in less than two weeks. This helped the client immensely so the directors can focus on running ...the business, manage the transition and minimise any disruption to the profitability and cashflow to the company. CreditSME can assist businesses to arrange funding for management/shareholder buyouts, company acquisitions and other complex situations. Please feel free to get in touch to discuss your scenario with the team. #shareholder #buyout #companyacquisition #acquisitionfunding #austbiz #sme #smallbiz #businessloans #business #australia #finance #altfi #creditsme #commercial #termloan

12.01.2022 Refinancing your property to release equity capital to be used in your business is a tried and proven option for business owners in a property market appreciating in value. We understand although not ideal, personal and business funding are often intertwined due to the security your property provides to lenders. However, with property prices on the decline across Australia (-2.7% in last 12 months), combined with the pullback in mortgage lending due to the Royal Commission, t...his option is increasingly difficult to utilise successfully with property valuations decreasing or remaining flat. Depending on the industry(s) your business operates in, a number of commercial loan products can be suitable in satisfying your business's funding requirements without the need for your property as security. With 2019 upon us, it is good to plan ahead and get your funding in place. Drop us a line if you or your contacts would be interested in having a chat with the CreditSME team to see what commercial loan product(s) are suitable for your/their business.

12.01.2022 Please find below a detailed description of how we assisted this client and the positive business outcome for the agency and the principal. If you have any questions regarding rent roll or business funding, please feel free to give me a call on 0419013974. *Situation*... A QLD based real estate agency who initially banked with a major financial insitution came to CreditSME for assistance in consolidating its debts, and to arrange additional working capital for growth in the local market. The client has garnered extensive real estate experience overseas and migrated to Australia. Since its inception, the business experienced steady organic growth over the last few years. As their major bank was non-responsive with the client's funding requirements, the client felt hamstrung with their existing financial insitution as they were not able to provide the level of service and overall offering to support their business. Due to the lack of bandwidth and intimate knowledge of the funding alternatives available, the client felt stuck and unable to keep growing the business. *Solution* CreditSME was able to quickly assess the business, its funding requirements and suggest suitable funding options and terms available. Once the client agreed on the funding option to proceed, CreditSME was able to manage the lender and valuer during the due diligence process, and assist the client in negotiating key terms, loan documentation, through to the settlement of funds in under 8 weeks. *Result* As a result, the client successfully switched to another major bank that consolidates the agency's existing loan facilities, and release additional working capital against their rent roll to grow the number of properties under management and make crucial hires without the need for real property. Since the switch to this major bank, the agency has grown properties under management and management income 2x, consolidating its dominance in the area. Later on, the principal was also able to refinance an existing investment property and source additional funding from their bank for the purchase of land and construction of their family home. #rentrollfinance #rentrollfinance #businessfinance #commercialfinance #realestateagency #termfinance #termloan #refinance #acquisition #workingcapital #australia #raywhite #mcgrath #theagency #ljhooker #century21 #richardsonandwrench #randw #Harcourts #Elders #austbiz #sme #smallbiz #businessloans #business #australia #finance #altfi #creditsme #commercialending #realestate #agency #property

01.01.2022 Unsecured business loans - why are these popular to Australian businesses, who are these lenders and why they are different to the major banks. #austbiz #sme #smallbiz #businessloans #business #australia #finance #altfi

01.01.2022 NAB will be the first major bank to share positive and negative credit information about its customers with credit bureaus, roll out to commence Feb 2018. http://www.theaustralian.com.au//0559d468785ab9ce8cbd8b121