Sadly, most people assume that the bank/lender wouldn’t loan them money if they couldn’t afford to repay it. They think banks are assessing their risk; when in fact they are assessing the lender’s risk.
We help you do your Due Diligence to protect your interests.
ALL OUR FINANCE SOLUTIONS ARE TAILORED TO SUIT EACH OF OUR CLIENTS
Your Need + Our Credit Advice Expertise.
Our team is committed to strategies that not only define success, but make the process of understanding what the Lender Needs and What you the borrower wants - EZ!
We help get you the best loan for your needs!
Many people shop around for a loan with the lowest interest rate - But this loan may not be in your best interest - in fact it may actually harm your future plans!
As FINANCE BROKERS... We help you search for the right loan that best suits your needs from over 120 lenders in the marketplace.
The building or renovating of your home is a significant undertaking, but all the stresses and hard work will be worth it once your dream home or renovation is complete.
While these new build projects can be costly and often drawn out, RedCap Finance Brokers can lend a hand with construction loan resources and solutions specially designed for new home builders, developers, and home renovators.
When it comes to building or renovating, there are two approaches you can take.
Whatever construction method you choose, each will have a different set of requirements for the loan process and the type of loan you can apply for.
With our expertise, specialist advice, and a range of funding options, we can help you find the most suitable construction loan to fit your needs.
Our experienced mortgage brokers will step you through the process and find the best loan to support your objectives.
After doing a comprehensive fact find and initial assessment, your RedCap Finance Broker will give you a Written Quote - BEFORE you sign a lenders application for a loan.
A written quote tells you the:
BEFORE SIGNING ANY FORMAL DOCUMENTATION...
When looking for a good deal on a home loan (mortgage), for some people - the interest rate matters the most! A home loan is a long-term debt, so even a small difference in interest adds up to a lot over time (especially if only paying the minimum repayment amount over the full term period); conversely a loan that suits your purposes better (even if it is at a higher interest rate), paid over a shorter period may in fact actually cost you less! This is why it is important to apply for the right loan product that is most suitable for your individual situation.
Most Lenders offer Home loans with different options and features. Some of these products can offer payment flexibility to let you pay off your loan faster. Some product options could cost you more! Make sure the lender's product feature/s offered to you are actually worth the extra cost.
Home loans with more options (frills) or features can come at a higher cost. These could include an offset account, redraw, or line of credit facilities. Most are ways of putting extra money into your loan to reduce the amount of interest you pay.
Your loan term is how long it will take for you to pay off the loan. It impacts the size of your mortgage repayments and how much interest you'll ultimately pay.
A shorter loan term (for example, 15 years) means higher repayments, but you'll pay a lot less in interest.
A longer loan term (for example, 40 years) means lower repayments, but you'll pay a lot more in interest.
An interest rate even 0.5% lower might save you thousands of dollars over time - it all depends on how you conduct your repayment responsibilities.
Fast Flexible SECURED Business Funding
Are You A business owner who needs immediate access to funds?
You simply can’t wait the 6 – 8 weeks that a bank or traditional lender takes, as you urgently need to get your hands on $20,000 up to $2m, by tomorrow.
Plus, what if you don’t have financial records, or you have a bad credit history? Then a short term business loan may be the answer for you.
Fast. Easy. Efficient. Loans for Business.
SHORT TERM BUSINESS LOANS are generally taken out by people who need access to funds very quickly (over a short time of generally no longer than 1 – 10 months). Money is lent for any worthwhile commercial or commercial investment purpose.
12 Month 2nd MORTGAGES are a 12 month ‘interest only’ business loan. These are prefect if you need more time than our short term loan has to offer, but you don’t want the financial burden of paying principal & interest.
In addition, we are one of the only short term lenders who will lend money on property located anywhere in Australia and New Zealand.
Many business owners need to secure a business loan to get them started, or to purchase equipment that will help their business grow sustainably.
There are plenty of reasons why people apply for an unsecured business loans. If you’re reading this, chances are you’ve decided a business loan could be right for you.
But what kind of business loan should you apply for? We’ve taken a moment to dig deeper into the world of unsecured business loans.
An unsecured loan tends to suit business owners who do not have collateral to leverage against a secured business loan. However, if you are needing to apply for an unsecured business loan - they do attract higher interest rates; as lenders perceive unsecured loans to be a greater risk for them. (Increased rate for increased risk)
If a borrower does default on an unsecured loan, the lender cannot seize property (or any other asset) to recoup their lost funds. This is why higher interest rates apply to loans that are unsecured.
This doesn’t mean unsecured business loans have no good use. Business owners who are experiencing cash flow issues may secure small amounts of funding to help keep the wheels of their business turning.
Rather than applying for a large amount of up to $500,000, business owners can consider securing smaller loans to cover things like purchasing stock, ordering, supplier debts, or even paying wages.
These smaller unsecured loans are ideal when cash is expected, but hasn’t come in yet, as these funds can be promptly applied to payout your loan repayment when the funds do enter the business.
Many businesses find this to be a good way to deal with cash flow issues.
EZFinance Pty Ltd (ACN: 140178383 - ACL: 392611) and it's authorized Advisors are fully qualified to give advice and assist with all/any consumer lending. EZFinance Pty Ltd is a member of AFCA
EZFinance Commercial Pty Ltd (ACN: 639833604) and it's authorized advisors are fully qualified to give advice and assist with all/any Commercial / Business lending. EZFinance Commercial Pty Ltd only advise and assist with "Non-Coded" finance (as described in the NCCP act 2009*) and are not a member of AFCA.
*National Consumer Credit Protection Act (NCCP)
© 2020 The Trustee For The Red Earth Capital (Tasmania) Trust t/as RedCap Finance Brokers ABN 98 374 742 974 All Rights Reserved
Allan Pearson is a proud member (M-330095) of the (FBAA) Finance Brokers Association of Australia Limited.
Redcap Finance Brokers
1. In the First Instance - Please Contact RedCap Finance Brokers direct on 07 3102 4772 to discuss your matter, then...
2. If you feel the issue has not been resolved to your satisfaction within 5 business days, then please contact our Licensee's internal dispute resolution manager:
Attention: EZFinance Complaints Dept
Level 3, 169 Fullarton Road,
Dulwich SA 5065
Phone: 1300 727 909
NCCP Act CODED LOANS ONLY*
We aim to reach a satisfactory outcome for any complaints.
If you are still unsatisfied after dealing with EZFinance's Internal Dispute Resolution Process and their decision, you can then contact the Australian Financial Complaints Authority (AFCA) using the details below:
Phone: 1800 931 678
Email: info@acfa.org.au
Web: www.afca.org.au
Post: GPO Box 3, Melbourne, VIC, 3001
Please Note: - There is NO applicable AFCA membership held by us in relation to NCCP Act: NON-CODED Loans: i.e. commercial credit products and/or unregulated loans.
