Chattel Mortgage
A chattel mortgage is a type of loan that allows you to purchase an asset for business purposes. This can include cars, vehicles like vans, buses, trucks and tractors and other specialised commercial equipment. However, motor vehicles are the most common use for these loans. How do chattel mortgages work? Chattel mortgages work in a […]
Business Loan Repayment Calculator
Calculate your business loan repayments Need to cover business expenses? Taking out a loan is one of the simplest most common ways to do it. However, it’s important to know what each loan may end up costing in the long-term, which is where you can use Savvy’s business loan calculator. Our handy tool will give […]
Business Line of Credit Loans
A line of credit is a type of business finance that allows you to borrow funds in smaller chunks as you need them. You’ll be approved to borrow up to a set limit, meaning you can withdraw funds up to that limit at any time without seeking approval. For instance, if your limit was $200,000, […]
Low Doc Business Loans
A low doc business loan (short for “low documentation”) is a type of loan designed for businesses that don’t have the extensive financial records typically required for traditional business loans. Unlike standard business loans, which often require two years of tax returns and business financials, low doc loans are structured with more flexible documentation requirements. […]
Unsecured Business Loans
Unsecured business loans are flexible loans that don’t require you to put up an asset as collateral, making them more widely available to businesses of all sizes. They’re designed to be used for a variety of different purposes, rather than buying a specific asset (like a chattel mortgage to buy a car or equipment, for […]
Agriculture Finance
Flexible agricultural loans and leases tailored to you Agriculture finance is simply the blanket term for a range of different products that can help you access the assets your agribusiness needs. When it comes to financing purchases for your business through Savvy, you’ll have a few different options to choose from, all of which require […]
Truck Finance
When you’re in the business of hauling heavy-duty plant and equipment, you need a truck to match. That’s where a cashflow-positive, tax-effective truck finance deal through Savvy can help you out. Whether you’re looking to buy one for your small business or lease a fleet for your larger-scale operation, we’ll compare your options among our […]
Business Loan Broker
A business loan broker performs the same function a mortgage broker does for homebuyers: they help prospective borrowers find the best business loan deal suited to them. They can do this by drawing from a range of established partnerships with lenders, relationships which place them in a position to better understand the requirements of each […]
Business Overdraft
An overdraft is a facility attached to your business transaction account that allows you to withdraw funds beyond a $0 balance at any time. This means you’ll be approved for borrowing up to a set limit and can access these funds whenever you like. For example, if your business had an overdraft limit of $20,000, […]
Finance Lease
A finance lease is a type of leasing arrangement between a business and a leasing company that effectively allows you to rent an asset for a set period. Whether you need a car for your small business or heavy-duty machinery for your earthmoving company, you can get the ball rolling with Savvy today! How do […]
Operating Lease
An operating lease is, as the name suggests, a type of lease designed to help businesses gain access to commercial assets like vehicles. Whether you’re leasing a car for your small business or a fleet of trucks, you can apply with Savvy today and we’ll help you find the best deal available for your company! […]
Finance Lease vs Operating Lease
When it comes to locking in the right deal for the commercial asset you want to finance, it’s important to know what your options are. For leases, there are two main options you might’ve heard of: finance and operating leases. But how exactly do they work and when might they suit your business? Take a […]
