Finance Guides & Lender Insights

Potentially. If a bank will not fund enough of a business acquisition, property equity may support a separate business-purpose facility or a different overall structure. The buyer …

Potentially. If a bank or senior lender will fund only part of a business transaction, usable property equity may support a separate facility for the gap. The structure must still …

Potentially. A residential property can be used as security for a business-purpose facility where the lender accepts the property, borrower, purpose and total leverage. The loan re…

A second mortgage business facility is a separate business-purpose loan secured behind an existing first mortgage over the same property. It can avoid refinancing the first loan, b…

A finance referral partnership can be simple: the referrer identifies a finance need, gets the client's permission where required, makes the introduction and lets the broker handle…

Do not assume the answer is always yes or always no. The existing mortgage documents and lender policy need to be checked. Some transactions require first-mortgagee consent or prio…

A real estate agent may be able to receive a referral benefit for a properly structured finance introduction, but the arrangement must comply with the rules that apply to the agent…

Not always. ASIC recognises exemptions for certain referral activity, but they are conditional and narrower than giving credit advice. For consumer credit, recommending or assistin…

Potentially, but the existing bank's mortgage terms and the proposed junior lender's requirements must both allow the structure. The junior lender will assess the first mortgage ba…

Yes, an accountant may be able to receive a referral fee or commission for introducing a client to a finance broker, but the arrangement is not 'payment with no rules'. APES 110 re…