Rent-to-Own Cars TEST
What are car loans and how do they work? A car loan is a product designed to help borrowers purchase a new or used vehicle. They’re typically repaid over a period of one to seven years, which you’ll often have a say in when you apply. A lender, after conducting responsible lending checks, will approve […]
ATO tax debt changes 2025: How they’ll affect your business
Having a commercial tax debt as a business owner isn’t uncommon. According to the Commissioner of Taxation at the ATO, Rob Heferen, small business tax debts made up around 65% of all debt owed to the ATO, as of April 2024. This places them at well over $30 billion in the red. However, the way […]
Instant asset write-off 2025: How your business can save on tax
With up to $20,000 to play with, the instant asset write-off is there to help a wide range of businesses. Whether you’re a family catering operation looking for a commercial oven or a construction firm in the market for some new equipment, writing off eligible assets frees up more cash for your business at the […]
Home & Business Lending is Surging Where Is It All Heading?
Lending data – known as the lending indicators – is published each month by the Australian Bureau of Statistics. It shows us all the relevant Australian borrowing statistics – including mortgage commitments, personal loans, and business loan commitments across different categories. In this analysis, we will be focusing on changes in mortgage and business loans […]
Hire purchase
A hire purchase is a flexible and cash flow neutral finance solution for business looking to eventually own cars, equipment, or long-term assets. Repayments can be tailored to your business cycle. You can reduce repayments using a balloon payment (residual value) payment, due at the end of the loan term. A hire purchase doesn’t require […]
Chattel Mortgage
How do chattel mortgages work? Chattel mortgages work in a very similar way to a standard car loan, with several areas tailored to commercial needs. Here’s how they work: Buy new or used (provided it meets your lender’s criteria) Borrow from $5,001, with many lenders not having a set borrowing limit (though usually up to $250,000 […]
Business Loan Repayment Calculator
Calculate your business loan repayments How to use Savvy’s business loan repayment calculator Crunching the numbers on your repayments is easy with Savvy’s business loan calculator. Simply follow these steps: Enter your desired loan amount (up to $300,000 for unsecured business loans or $5,000,000 for secured) Select a loan term between one and seven years Enter the […]
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
What are low doc business loans? A low doc (low documentation) business loan is designed for businesses that don’t have the full set of financial records typically required for standard business loans. Instead of two years of tax returns and detailed financial statements, you may be able to apply using alternative documents like Business Activity […]
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
Agriculture in Australia is big business, worth over $82 billion in 2024–25 and growing. However, to keep operations running smoothly, farmers often need flexible finance. Whether upgrading machinery, buying livestock or expanding, the right agricultural loan can help businesses stay productive and prepared for whatever the season brings. What is agricultural finance? Agricultural finance refers […]
Truck Finance
How can I finance my truck purchase? As a business owner, you’ll have a variety of finance options to choose from when it comes to financing your new or used truck: Chattel mortgage A chattel mortgage is a type of secured commercial loan for the purchase of business assets like trucks. The truck itself serves as collateral […]