It’s a common issue that when you’re growing your business you often need finance to assist. In today’s episode we break down the most common types of Asset Finance, and how they apply to what you are trying to achieve. We discuss the different types of loans including Chattel or Commercial Mortgages, Hire Purchases, Leases and Novated Leases as well as Standard/Full Documented or Express Loan Applications. Sometimes overlooked in the excitement to obtain your new goods, the length of term vs asset retention or lifespan of the asset aren’t considered and so we also break this down too plus chat about comparing Repayments and Directors Guarantees and their impact on your personal position.
If you have any questions regarding this type of finance, please feel free to reach out to Sarah at SFE Loans
Just two industry experts having a friendly chat and sharing our knowledge.
We aim to raise your knowledge base and dis-spell any myths surrounding finance. tax and a range of other financial topics.
This is a safe space to ask questions and hear useful info on financial matters.
Read more about FOFU here
And, if you'd like to leave us a message, or suggest a topic, you can do so here and we'd really love it if you could leave us a rating!
DISCLAIMER- The information and material in this podcast, and supplementary and associated information available, is for general information only. It should not be taken as constituting professional advice from the podcast owners, and we recommend you seek independent suitable advice that is specific to your unique circumstances