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Don’t risk your home to get a business loan

Don’t risk your home to get a business loan

Whilst using your home as security can be the cheapest way to secure business finance, many savvy businesses are discovering they don’t need to use their home as security to fund their business growth. Business funding solutions have evolved to make business growth easier for SMEs and company owners.

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More and more disgruntled brokers are leaving the industry, according to expert
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More and more disgruntled brokers are leaving the industry, according to expert

Stress, regulations and Covid are causing more and more brokers to call it a day, according to one industry expert.

John Maxwell, founder of Cocalex Consulting, told Australian Broker that he was seeing increasing numbers of brokers questioning the worth of their efforts in the pandemic-afflicted, post-royal commission industry.

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Are you communicating effectively with your customers right now?
Communication John Maxwell Communication John Maxwell

Are you communicating effectively with your customers right now?

The COVID-19 pandemic has changed life as we know it, especially when it comes to communication channels. It is likely to still be some time before we resume, as a community, a level even close to anything considered normality when it comes to business and customer meetings. Emotions are running rampant as we one by one experience ‘cabin fever’ and a state we all know as ‘stir-crazy’.

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Client fallen into radio silence?
Communication John Maxwell Communication John Maxwell

Client fallen into radio silence?

Especially in times of a crisis, it's very likely you will experience more clients who go 'underground' and suddenly stop communicating mid-application. As a highly experienced [previous] mortgage broker, I'd like to offer my perspective on this matter, which hopefully will be of use to you and your team, given the current circumstances we are all experiencing.

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