Vicky McLoughlin No Comments

Top Tips For Obtaining Business Finance

At Seek Financial, we have the privilege of meeting with business owners from all types of industries and backgrounds. Whilst they are very good at what they do, they often find that navigating through the finance application process can be quite frustrating. Well that’s where we come in, helping people secure finance for both their personal and business needs is our speciality. It’s what we do every day.

So we’ve put together our top tips to help streamline the process for you.

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Vicky McLoughlin No Comments

How to Take Advantage of The Instant Asset Write Off

As we come up to the end of the financial year, now is a good time to consider whether the purchase of new assets or equipment could benefit your business.

Asset and equipment finance is a great way to preserve cash flow and working capital. Of course, the asset can also begin to generate immediate income for you and there could be potential tax advantages to make the most of.

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Vicky McLoughlin No Comments

Positive Credit Reporting – What it means for you

Positive Credit Reporting also known as Comprehensive Credit Reporting (CCR) is a reporting system whereby lenders share more of your data with credit bureaus such as Equifax and Experian. This in turn will be listed on your credit report.

In the past, the only information that was mandatory to share was Negative Credit Reporting. It wasn’t until 1st July 2018 when it was made compulsory for the big banks to share at least 50% of your positive credit data with credit bureaus. By 1st July 2019 this amount will be increased to 100%.

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