Author name: finance215146669

With the rising costs of doing business. many operators are looking for cost-effective ways to manage expenses in 2024. Purchasing second-hand machinery at auctions can be a smart way to save money. Arranging financing for auction buys can be more complex than buying through a dealer. EXEQ Finance offers comprehensive loan options to help you […]

When financing equipment, many businesses choose to include a balloon or residual payment option in their credit arrangements, such as a Chattel Mortgage, Commercial Hire Purchase (CHP), or Lease. This allows for lower monthly repayments and flexibility throughout the loan term. However, at the end of the term, the balloon payment is due. At this

Running a business comes with its share of challenges, but with the right financial solutions, you can turn those challenges into opportunities. Whether you’re expanding operations, upgrading your equipment,  or managing cash flow, securing the right funding is key. At EXEQ Finance, we understand that no two businesses are the same. Our finance experts are

In recent years, many small businesses have viewed the tax office as an informal source of funding, a trend that’s neither sustainable nor advisable. Leveraging ATO or credit card debt as a temporary financial fix is far from an optimal strategy for SMEs. Is Utilizing the ATO as a Credit Facility Advisable? It’s increasingly common

No doubt you’ve seen your business insurance premiums rising in recent years, However, are you aware of premium funding and how it might assist you in paying for these premiums? The types of insurance your business may need vary from property, vehicles, workers’ compensation, public liability and product liability to professional indemnity, business interruption, cyber

A business finance application may be at the front of the mind for those trying to obtain funding or working capital. Finding dependable loan sources can help start-ups and expanding companies reach their financial objectives, whether they be related to growth, operations, or additional innovation. In these cases, business finance may be the best strategy.

A common theme among small business owners is the consistent workload and stress of managing and growing their business. According to Trading Economics 2021, they reported 16.6% of the Australian workforce were self-employed. For that 16.6% of Aussies, building and maintaining a business, is a challenging process that involves many demands and uncertainties, ranging from

A balloon payment is an amount due in full to the lender at the end of the loan period, after all scheduled monthly loan repayments have been completed.  This enables you to repay your loan over its term, at reduced monthly installments.  And how is the payment calculated? For example: Let’s say you buy equipment,

If you are exploring financing options for your business equipment, such as trucks, trailers, or excavators, it can be an overwhelming task. Although your first thought might be to discuss a loan with your bank, there’s a more efficient alternative that can save you time, effort, and money – engaging the services of a finance

As part of the 2023–24 Budget, the government announced a lodgment penalty amnesty program for small businesses. Thousands of eligible small businesses have taken advantage of  the lodgment penalty amnesty. If you haven’t done this yet ATO has given until 31st of December to join to the lodgment penalty program! When you lodge your eligible income tax