More than home loans: Why a broker can help you with commercial and asset finance.

Mortgage brokers  have expertise in residential and other property loans. They can also play an important role in helping businesses find and secure commercial and asset finance at competitive rates, by leveraging their network of lending institutions.

With so many lenders and products to choose from, it’s important to get the right business funding mix from the outset. Many brokers  have a deep understanding of the commercial sector and the wide range of products available. They’re well placed to identify the most appropriate financing structures for you, based on your type of business and specific needs.

Here are some advantages to having a broker  manage your commercial and asset finance.

Managing cash flow

For any business, big or small, good cash flow is vital. You need the financial capacity to meet day-to-day operational costs.

Mortgage brokers  can help with cash flow finance. This is essentially a way for a business to get cash before your customers actually pay. It may be through invoice discounting, which allows a business to access a proportion of your debtors’ unpaid invoices through the lender. It could be through invoice factoring, where the lender takes responsibility for chasing your business’s debts.

Mixed funding for manufacturing assets

Businesses involved in manufacturing need the right plant and equipment to remain competitive. They also need financial arrangements designed to suit the industry.

Manufacturing equipment may be purchased from offshore vendors or made to order. This could initially require short-term financing arrangements, to be later replaced with longer-term asset funding. Additionally, a manufacturer with specialised equipment will probably need a more long-term solution than a business needing to purchase an asset such as a motor vehicle, or one that needs funds to complete a shop fit-out or to buy a commercial property.

Mortgage brokers  can play a crucial role not only in financing your manufacturing assets but in recommending the most appropriate lending facility.

Range and flexibility

With dozens of different lenders in the market, mortgage brokers  are in a strong position to compare and find the most competitive commercial and asset finance products.

When necessary, they also have the flexibility to use multiple lending facilities to suit different business purposes. For example, a business may need a chattel mortgage  for its plant and equipment, but a finance lease for other assets.

Using a mortgage broker  means you have all the available lending options at your fingertips.

One-stop finance

Mortgage brokers  do much more than arrange finance for home loans ; they’re also an invaluable resource for developing businesses. Brokers can help to identify and secure commercial and asset funding to enable your growth, while at the same time preserving your operating cash flow.

Your broker can be a one-stop-shop for your financing needs. Contact Us now on 1300 471 767 to find out more about how we can help you with commercial and asset finance or visit us here  for a free online quote!