When applying for equipment finances, it’s important to ensure you and your broker understand the total value assigned to the equipment you wish to obtain. In doing this, you ensure that your broker can arrange the right credit application for you as well as help you with future business taxing and auditing. Many larger assets require professional valuation, which will …
The CommSec Report | Australia: How well are we really doing?
CommSec have recently released their economic and financial issues report for January, provided by their Chief Economist Craig James. In looking at the big picture, the Australian economy has not experienced a recession for 26 years (defined as two consecutive quarters of contraction). This is Australia’s longest ever economic expansion. The Australian economy probably grew around 2 and a half …
Arranging Repayments to Suit Your Cash Flow
When financing your equipment, it’s important to consider a specialised repayment structure that is reflective of your company’s situation. Your cash flow has a major impact on how you repay financed equipment, which is why it’s essential that you choose a repayment scheme that is well-suited to meet the needs of your business We’ve listed a few repayment structures that …
What You Should Know About Insurance Premium Funding
Insurance premium funding is a flexible finance option that allows for you to spread the cost of your insurance across the year. This is a much more manageable form of repayment for businesses who may rely on regular cash flow or who have an increasing number of financial obligations. Why is premium funding preferred? There are many reasons why a …
The Benefits of Choosing Multiple Lenders
Most companies will strive for growth, whether it be gaining more property, expanding a service or offering more products. One way to allow for this growth is to source new equipment, and financing this equipment is the first step in the process. For convenience, you may be tempted to keep all your finances with the one lender, but, when you …
Why Equipment Finance Specialists are Important for Your Business
Financing your equipment is a huge part of your business and can lead to tremendous growth in your services and client base. But spending large sums of money on equipment isn’t a quick decision, especially for businesses that are growing and have demands on their cash flow. While the decision of what you buy is always important, how you plan …
Everything You Should Know About Fleet Leasing
When it comes to industrial or commercial vehicles, you want to get the best for your business, no matter whether you require just a couple of sales vehicles or light commercials or a large-scale fleet to transport goods. But what’s the best financial choice for you? Fleet leasing is a popular choice for companies looking to save money and improve …
CONCRETING COMPANY – PROGRESS CLAIM FUNDING
Atlas was engaged by the company’s external accountant to secure a working capital facility due to growing pains and cash flow issues as an underlying result. The business had been turning away work as they did not have the financial facility to cater for increased wages / contractors and supplies. The business services mid-tier development sites – low rise apartment …
LABOUR HIRE – START UP BUSINESS
When a business advisory referral partner was presented with the opportunity to assist in the start-up of a labour hire company, they engaged Atlas to source and secure the necessary working capital to support the venture in its initial launch and growth phases. The Director had previous experience working in the sales side of another labour hire firm and decided …
WHOLESALE HEATING & AIRCONDITIONG COMPANY – DEBT RESTRUCTURE
The company’s external accountant reached out to Atlas Broker Debt Advisory to discuss a client’s funding requirements and limitations with current facilities. After an initial discussion with the client and review of current operations it was evident that the business lacked the appropriate funding lines to support the business, branches and expansion. Cash flow for the business was an issue …