Suite 4, Level 1, 140 Keilor Rd,
Essendon North Vic 3041
Essendon North Vic 3041
03 9377 7000
Newsletter
News
Budget News - Business Equipment Financing
21/5/2013Not a lot of joy expected or delivered in the federal budget recently in the area of asset finance for businesses!
As per last years' budget, small businesses can still claim an instant asset write off for most depreciating assets purchased at a cost less than $6,500 each, and are still eligible for a $5,000 one-off extra deduction on a motor vehicle purchase, but apart from these small bonuses it is business as usual.
The good news out of all the budget talk is it remains a buyers’ market. With a slow moving economy, suppliers not moving stock and interest rates at historically low levels, upgrading your car, truck or business equipment may not cost you anywhere near as much as you think.
Talk to the experts at Corporate Finance & Leasing!
Reserve Bank drops cash rate again!
21/5/2013The RBA surprised many of us last week with another drop of .25 % in the official cash rate and all the major banks quickly followed suit.
This has had a flow on effect throughout the lending market and we are now experiencing fixed and variable rates on all assets from houses to vehicles to equipment that are as low as most of us in finance industry can remember!
But still, the economy remains sluggish, with confidence to commit to any major capital expenditure at almost as low levels as the interest rates!
However in saying that, there is some light at the end of the financial tunnel! The local share market has gained a bit of sustained momentum; we are getting closer to a federal election which most experts are tipping will be a win for the opposition in “Black Caviar” type proportions; and our dollar easing slightly does help most local businesses. All these factors plus the seriously low interest rates may see confidence levels rise and busier times not too far away for small business!
The winner of our Facebook competition is Lisa from Innovative Business Computing!
7/1/2013
Congratulations to Lisa from Innovative Business Computing for winning a trip for herself and a friend to spend a weekend away on the sunny Gold Coast! Thanks for Liking Us on Facebook Lisa! We look forward to seeing some of your holiday snaps!
Stay tuned for more competitions in 2013! I believe the Easter Bunny will be heading our way in the not-too-distance future....... :-)
Our response to the article by Jessica Irvine regarding undisclosed commissions to consumers
10/12/2012
An article written by Jessica Irvine for The Sunday Telegraph was rebutted by the broking community as a whole due to its misinformation and lack of research. Corporate Finance & Leasing believe this article is completely unfounded and untrue because we, as brokers, are required by law to fully disclose all commissions and fees to our clients. ASIC introduced the NCCP Act 2009 to ensure that the client has complete transparency in regards to their loan inquiry and application. This information is outlined in the Credit Proposal Disclosure Document, which includes interest rates, repayments, fees charged and commissions paid to the Mortgage Broker including upfront and ongoing. MFAA chief executive Phil Naylor was quoted by The Advisor confirming that “all MFAA brokers have and always will disclose their commission payments to the borrower.” He went on to say, “Borrowers aren't stupid. They know brokers receive commissions. If the industry was giving bias advice and pushing borrowers into the wrong loans in a bid to grab higher commissions, how would the industry have ever gained 42 per cent market share.” We believe consumers deserve the right to choice which they get from engaging Corporate Finance & Leasing as their broker. Our purpose is to find the right loan for our client and we work hard to provide the best possible personalised service at the best price with the utmost integrity.
Sincerely,
The Team at Corporate Finance & Leasing
Our office opening hours during the Xmas and New Year period
7/12/2012
We will be OPEN during the Christmas and New Year period, so please keep those finance queries coming in and help us keep Andrew and Jeff busy! Call our office on (03) 9377 7000 if you require any assistance over this period. Our office will be closed only on the main public holidays:
Christmas Day: Tuesday 25th December 2012
Boxing Day: Wednesday 26th December 2012
New Years Day: Tuesday 1st January 2013
The team at Corporate Finance & Leasing would like to sincerely thank you for your trust, support and ongoing partnership during 2012. We look forward to continuing your journey to financial success in the coming years. As 2012 comes to a close, we wish you and your family a joyful festive season and a happy, healthy and prosperous New Year. We look forward to working with you in 2013.
Sincerely,
The Team at Corporate Finance & Leasing
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Corporate Finance & Leasing's Annual Golf Day 2012
4/12/2012Under threatening overcast skies, our clients, staff & financiers assembled for the 5th annual Corporate Finance & Leasing golf day at Medway Golf Club in Maidstone. A great day was had by all, the rain held off and we thank everyone for making the effort to attend as we all get a little bit busier towards Christmas. Congratulations to the winning Ambrose group of Charlie Potter, Andrew Conradi, Heath Benstead and Stan Pratt. Sorry guys but you will be split up next year!!!! Thanks to our generous sponsors for helping with the prizes, and a special thanks to Craig Highmore of Plan for chipping in towards the bar!
The winner of our Facebook competition is Lisa from Innovative Business Computing!
7/1/2013
Congratulations to Lisa from Innovative Business Computing for winning a trip for herself and a friend to spend a weekend away on the sunny Gold Coast! Thanks for Liking Us on Facebook Lisa! We look forward to seeing some of your holiday snaps!
Stay tuned for more competitions in 2013! I believe the Easter Bunny will be heading our way in the not-too-distance future....... :-)
Our response to the article by Jessica Irvine regarding undisclosed commissions to consumers
10/12/2012
An article written by Jessica Irvine for The Sunday Telegraph was rebutted by the broking community as a whole due to its misinformation and lack of research. Corporate Finance & Leasing believe this article is completely unfounded and untrue because we, as brokers, are required by law to fully disclose all commissions and fees to our clients. ASIC introduced the NCCP Act 2009 to ensure that the client has complete transparency in regards to their loan inquiry and application. This information is outlined in the Credit Proposal Disclosure Document, which includes interest rates, repayments, fees charged and commissions paid to the Mortgage Broker including upfront and ongoing. MFAA chief executive Phil Naylor was quoted by The Advisor confirming that “all MFAA brokers have and always will disclose their commission payments to the borrower.” He went on to say, “Borrowers aren't stupid. They know brokers receive commissions. If the industry was giving bias advice and pushing borrowers into the wrong loans in a bid to grab higher commissions, how would the industry have ever gained 42 per cent market share.” We believe consumers deserve the right to choice which they get from engaging Corporate Finance & Leasing as their broker. Our purpose is to find the right loan for our client and we work hard to provide the best possible personalised service at the best price with the utmost integrity.
Sincerely,
The Team at Corporate Finance & Leasing
The winner of our Facebook competition is Lisa from Innovative Business Computing!
7/1/2013
Congratulations to Lisa from Innovative Business Computing for winning a trip for herself and a friend to spend a weekend away on the sunny Gold Coast! Thanks for Liking Us on Facebook Lisa! We look forward to seeing some of your holiday snaps!
Stay tuned for more competitions in 2013! I believe the Easter Bunny will be heading our way in the not-too-distance future....... :-)
Our response to the article by Jessica Irvine regarding undisclosed commissions to consumers
Congratulations to Lisa from Innovative Business Computing for winning a trip for herself and a friend to spend a weekend away on the sunny Gold Coast! Thanks for Liking Us on Facebook Lisa! We look forward to seeing some of your holiday snaps!
Stay tuned for more competitions in 2013! I believe the Easter Bunny will be heading our way in the not-too-distance future....... :-)
An article written by Jessica Irvine for The Sunday Telegraph was rebutted by the broking community as a whole due to its misinformation and lack of research. Corporate Finance & Leasing believe this article is completely unfounded and untrue because we, as brokers, are required by law to fully disclose all commissions and fees to our clients. ASIC introduced the NCCP Act 2009 to ensure that the client has complete transparency in regards to their loan inquiry and application. This information is outlined in the Credit Proposal Disclosure Document, which includes interest rates, repayments, fees charged and commissions paid to the Mortgage Broker including upfront and ongoing. MFAA chief executive Phil Naylor was quoted by The Advisor confirming that “all MFAA brokers have and always will disclose their commission payments to the borrower.” He went on to say, “Borrowers aren't stupid. They know brokers receive commissions. If the industry was giving bias advice and pushing borrowers into the wrong loans in a bid to grab higher commissions, how would the industry have ever gained 42 per cent market share.” We believe consumers deserve the right to choice which they get from engaging Corporate Finance & Leasing as their broker. Our purpose is to find the right loan for our client and we work hard to provide the best possible personalised service at the best price with the utmost integrity.
Sincerely,
The Team at Corporate Finance & Leasing
Our office opening hours during the Xmas and New Year period
7/12/2012
We will be OPEN during the Christmas and New Year period, so please keep those finance queries coming in and help us keep Andrew and Jeff busy! Call our office on (03) 9377 7000 if you require any assistance over this period. Our office will be closed only on the main public holidays:
Sincerely,
We will be OPEN during the Christmas and New Year period, so please keep those finance queries coming in and help us keep Andrew and Jeff busy! Call our office on (03) 9377 7000 if you require any assistance over this period. Our office will be closed only on the main public holidays:Christmas Day: Tuesday 25th December 2012
Boxing Day: Wednesday 26th December 2012
New Years Day: Tuesday 1st January 2013
The team at Corporate Finance & Leasing would like to sincerely thank you for your trust, support and ongoing partnership during 2012. We look forward to continuing your journey to financial success in the coming years. As 2012 comes to a close, we wish you and your family a joyful festive season and a happy, healthy and prosperous New Year. We look forward to working with you in 2013.
Sincerely,
The Team at Corporate Finance & Leasing
Corporate Finance & Leasing's Annual Golf Day 20124/12/2012
Under threatening overcast skies, our clients, staff & financiers assembled for the 5th annual Corporate Finance & Leasing golf day at Medway Golf Club in Maidstone. A great day was had by all, the rain held off and we thank everyone for making the effort to attend as we all get a little bit busier towards Christmas. Congratulations to the winning Ambrose group of Charlie Potter, Andrew Conradi, Heath Benstead and Stan Pratt. Sorry guys but you will be split up next year!!!! Thanks to our generous sponsors for helping with the prizes, and a special thanks to Craig Highmore of Plan for chipping in towards the bar!
An update to our Buyer Beware - 0% Finance article
4/12/2012
Murray Price had warned us "buyer beware!" a few weeks ago with his article on 0% finance deals; now others are picking up on the fact that finance deals offered by car dealerships are not always as good as they sound! Here is a real example of why you don’t accept dealer finance! CF&L will always tell you the REAL cost of finance, call or email us for a detailed quote.
Borrowing and Tax Liabilities
16/11/2012
Keep your tax payments up to date or you could jeopardise your borrowing power!
Read Full Article
Zero % Finance
9/11/2012
Our very own Murray Price has written an article to warning consumers to be wary of dealerships offering 0% finance deals.
Win a trip to the Gold Coast!
1/10/2012All you need to do is Like us on Facebook and be a current client to go into the draw!
View our Facebook Page
Corporate Finance & Leasing is an authorised credit representative (CR 396988) of BLSSA Pty Ltd (Australian Credit Licence 391237).
