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After episode one and two, Sean and Matt are back to discuss the culmination of this insightful podcast series. In this episode, they go over the do's and dont's in structuring your finance. When structuring a loan, it's not just about the welfare of the business. More importantly, you should consider your current personal situation before signing up for finance deals. Sean gives a lot of insightful tips on taking residuals and balloon repayments. He guides into the concept of how a car or house balloons in a matter of years. What a lot of people do is walk-in and trade the asset they borrowed to pay off the residual fee.
"The Best Finance Terms For You Depend On How Long You Intend To Keep The Asset."In this podcast, Sean Fowler discusses the different finance deals and how you can structure one for yourself that fits right into your situation.
After going over the importance of asking the right questions and the reality of interest rates, Matt and Sean culminate this highly insightful podcast series by outlining the factors to consider in structuring a tailor-made finance deal for you.
Similar episodesTSS154 - Asking The Right Questions TSS155 - Reality Of Interest Rates
TSS032 - How To Take Money Off The Table And Invest It Wisely
TSS047 - Get A Grip On Your Financials
TSS133 - Lack Of Focus On Gross Profit Margin
See omnystudio.com/listener for privacy information.
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4.8
1616 ratings
After episode one and two, Sean and Matt are back to discuss the culmination of this insightful podcast series. In this episode, they go over the do's and dont's in structuring your finance. When structuring a loan, it's not just about the welfare of the business. More importantly, you should consider your current personal situation before signing up for finance deals. Sean gives a lot of insightful tips on taking residuals and balloon repayments. He guides into the concept of how a car or house balloons in a matter of years. What a lot of people do is walk-in and trade the asset they borrowed to pay off the residual fee.
"The Best Finance Terms For You Depend On How Long You Intend To Keep The Asset."In this podcast, Sean Fowler discusses the different finance deals and how you can structure one for yourself that fits right into your situation.
After going over the importance of asking the right questions and the reality of interest rates, Matt and Sean culminate this highly insightful podcast series by outlining the factors to consider in structuring a tailor-made finance deal for you.
Similar episodesTSS154 - Asking The Right Questions TSS155 - Reality Of Interest Rates
TSS032 - How To Take Money Off The Table And Invest It Wisely
TSS047 - Get A Grip On Your Financials
TSS133 - Lack Of Focus On Gross Profit Margin
See omnystudio.com/listener for privacy information.
Enjoyed the podcast? Take your trade business to the next level by incorporating AI! Don’t get left behind—explore Tradie Hub at tradiehub.net. Discover game-changing AI solutions designed to boost efficiency and growth for trade businesses worldwide. Check it out today!
👀 Check This Out:
Thinking about adding AI to your trade business? Discover what’s possible with TradieHub.net
📲 Stay Connected:
⭐ Enjoyed This Episode? Leave us a review here!
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