Finance Insights

AJS Jewellers Market Place

Attention jewellers - have you seen the new Jewellers Market Place that has been established by Australian Jewellers Supplies?The marketplace has been created as a single resource website for those in the industry to shop for services and supplies.You can also advertise your services and products on the marketplace.  Click...

Read Article

Business Loan Success Story

Unsecured business loans can be used for a variety of purposes.  From consolidating debt, to hiring staff, and investing in marketing.A recent success story involves a business owner in the construction industry.  KRW arranged a small loan to allow the business owner to purchase advertising space on local radio.  Within months...

Read Article

Buying a truck from a private seller

Are you looking to buy a used truck - but the seller is not a licensed dealer?Finance is available on privately purchased vehicles (to approved ABN holders) but there is extra paperwork, searches, and a number of challenges that a customer/business may face, all of which take up your valuable...

Read Article

Christmas 2020

The team at KRW Finance wish you, your family, and colleagues a safe and happy festive season for 2020.We are open throughout December and January for all of your vehicle and equipment finance needs. 

Read Article

Coronavirus Craziness

While scientists search for a vaccine and governments install measures to stop the spread of the COVID-19 coroniavirus many small businesses are trying to get on with business as usual. A number of larger organisations have already initiated a work from home policy but this is not feasible for many SME...

Read Article

Don't Mention The "R" Word

To the average person on the street or the average business owner (who is often the average person on the street), a drop on the daily sharemarket means nothing.  The sun still rises in the east and sets in the west.  You still go about your day as usual providing...

Read Article

Facebook Marketplace Sellers

Adding the words "Finance Available to approved ABN holders" in your vehicle sales advertisement on Facebook Marketplace may increase your chances of a speedy sale with quick payment.We are experts in finance for vehicles purchased from a private (non LMCT) seller and manage the finance process from start to finish...

Read Article

Green Vehicle Discount

As an incentive for businesses and business people to purchase low emission vehicles, a discount of around 1% off the standard vehicle finance rate is available for qualifying "Green" vehicles.Green vehicles come in all different colours of course (not just green).  What they have in common is that they are...

Read Article

Home Loan Refinance

Mortgage holders refinance "Avalanche" as fixed rate home loans expire An avalanche of refinancing is expected in the coming months after 10 hikes sent interest rates skyrocketing with Aussies scrambling to find a better deal.  (NEWS ARTICLE)If your mortgage is due to come off it's fixed rate period click here...

Read Article

Increase your sales with finance

Whether you're a vendor, manufacturer or distributor, KRW can help you drive sales by offering your customers fast and flexible asset finance.Easy Payment PlansOffering a monthly payment plan can help overcome budgetary constraints and allow you to focus on the benefits of your solution rather than the cost. A tailored...

Read Article

Instant asset write-off

Claim 100% of the cost of your new business machinery, equipment, and vehicles against this year's incomeWith June 30 fast approaching time is running out to maximise your business tax deductions.  Under the ATO Instant Asset Write Off scheme you can claim the cost of your newly purchased machinery, equipment,...

Read Article

Instant Asset Write Off 2020 - EXTENDED

UpdateThere is no need to panic or rush your purchase.  The Instant Asset Write Off Scheme which was increased to $150,000 as part of the Federal Government stimulus package in response to the CV19 pandemic has been extended until the 30th of June 2021.Eligible businesses can immediately write off the...

Read Article

Instant asset write-off increased and extended

In the 2019-2020 Budget Announcement, the Federal Government proposed to increase the instant asset write-off threshold from $20,000 to $30,000 for eligible assets and also sought to expand the application of the instant asset write-off to apply to both small and medium sized businesses with an aggregated annual turnover of...

Read Article

Novated Lease

A novated vehicle lease is an agreement between an employee, their employer, and a finance company.In it's most basic form, the novated lease is the salary packaging of a monthly vehicle lease payment so that the employer pays it from the employee's pre-tax income.  The employee gets the benefit of...

Read Article

Open Letter to the National Cabinet

Below is a CAFBA (Commercial & Asset Finance Brokers Association of Australia) co-signatured letter which the Business Council of Australia has issued to to the Prime Minister, Premiers and Chief Ministers as well as to the mediaThe letter can be found at this link LACK OF COORDINATION ON BORDERS HAS SERIOUS CONSEQUENCES FOR...

Read Article

Private Sale Vehicle Finance

Are you looking to buy a used car, ute, truck, or van - but the seller is not a licensed dealer?Commercial finance companies offer loans on privately purchased vehicles (to approved ABN holders) but there is extra paperwork, searches, and a number of challenges that a customer/business may face, all...

Read Article

Purchasing machinery from Private Sellers

Are you looking to buy used machinery or equipment - but the seller is not a licensed dealer?Finance is available on privately purchased machinery of all types (to approved ABN holders) but there is extra paperwork, searches, and a number of challenges that a customer/business may face, all of which...

Read Article

Rising Interest Rates November 2021

Why are car & equipment finance interest rates rising?If you have applied for a car or equipment loan in the last few weeks you may have been a little shocked by the talk of interest rates going up.Rates are now higher not because the banks and finance companies want to...

Read Article

Secured Vs Unsecured Loans

If you’ve applied for a business loan in the past then you are likely aware that the process isn’t exactly straightforward.Whether you’re taking out a loan to purchase inventory, invest in advertising and marketing or just for working capital, there are a multitude of different loans available from bank and...

Read Article

Supply Chain Finance

When you think of finance, you would normally think of something that costs money.  Not so with an exciting new supply chain finance product.The supply chain finance product is an off balance sheet credit fund, made available to businesses to pay their suppliers/subcontractors.    For example: your business currently pays...

Read Article

Technology Investment Boost

As part of the 2022-23 federal budget, the Australian Government announced that it will support small business through the Small Business Technology Investment Boost and the Small Business Skills and Training Boost.So if you’re a small business, with an aggregated annual turnover of less than $50 million, then it’s never...

Read Article

Trades & Builders

Discover the 3 things holding trades and builders back from business success https://www.krwfinance.com.au/magazine/tradebuildersmagazine.pdf

Read Article

Unsecured Business Loans

The last few years has seen the rise of a new type of business loan.  Often marketed as quick and easy access to a cash injection, these "FinTech" lenders are seen as great alternative to traditional bank loans.How do you know which company or product is the best for your...

Read Article

Vehicle Finance - loans vs leasing

Business owners often ask the question - What is the best finance product for the purchase of my new company car?There is no "best" option, only the most appropriate for your circumstances.  Loan / Chattel Mortgage / Asset Loan / Specific Security DeedThis is the most common form of finance...

Read Article

What is small ticket equipment finance?

In the finance industry, the term "small ticket" is often applied to equipment loans under $50,000.  There are a number of non-bank finance companies with streamlined credit approval processes to assist business owners with the acquisition of equipment that may be critical to the operation of their business.To qualify for...

Read Article

What is the actual cost of your loan?

An important thing to look out for when you buying a new vehicle is the real cost of the finance - beyond the flashy advertising and marketing of car dealer finance. A low advertised interest rate will be attractive, but it often does not include the additional financed fees (origination...

Read Article

WorkCover Insurance 2020/2021

Many businesses are starting to receive their WorkCover insurance premium notices.Did you know that if you pay the full amount before the first due date you receive a 5% discount on the premium?  By funding the premium and getting this discount it can greatly reduce the cost of the finance...

Read Article

Zombie Apocalypse

Is the next phase of the mutating and vaccine resistant Covid-19 virus a zombie apocalypse?Surely not (or can it.....)Back in reality we are all trying to make sense of social distancing, self quarantine rules, and toilet paper hoarders.  At the end of the day we are in the this together...

Read Article