Specialist Business Financing Broker for Brisbane QLD

The role of a finance broker and accountant are quite different. The accountant is primarily responsible for preparing the accounts and financials for the operation amongst other accounting-based services. The role of a finance broker is to source lending options and structure the funding to suit the financials and other aspects of the client’s operation.

No. No referral is required to engage the services of a commercial funding broker. Clients can contact a broker and request a quote or discuss options.

In some instances the roles of an advisor and broker may crossover where an advisor also offers broker-style services. But primarily the advisor is tasked with providing guidance, advice and services around superannuation, investments and other decisions. A broker is tasked with sourcing funding for various acquisitions and other purposes.

Brokers offer the benefit of having access to multiple lenders to provide clients with more options than simply their bank. This may result in a more cost-effective and lower interest rate being sourced. Brokers can also save clients time in sourcing funds compared with the client undertaking the task.

No. Operators can accept funding offers from banks and other lenders where they do not already hold accounts. A broker will source the most suitable offer from across many banks and lenders.

Services offered by brokers may vary depending on their area of interest. Some may specialise in an industry or a particular type of funding such as motor vehicles or equipment. Many however, will offer a broad range of lending products for many purposes.

Commercial credit brokers carry out their work via phone and electronic means. This enables clients in many locations to access their services. In most instances it is not necessary for an operator to meet with a broker in person in order to use their services.

Chattel Mortgage is a very versatile and widely used form of commercial credit. Brokers offer Chattel Mortgage facilities for many asset acquisition purposes in addition to other credit products.

Yes, in most cases and unless stipulated by the broker. Most brokers will handle lending requests from all types of enterprises including sole traders. A requirement to be eligible for commercial funding is to have an ABN. Where a sole trader does not have all the financials for the application, they may seek a broker who provides low docs and no docs options.

Yes. Most brokers will include refinancing in their range of services. The complexity of the lending requirements and the industry may determine which is the most suitable broker. Some specialise while others offer the full spectrum of funding products and services to all industries.