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 […]
Personal Loan Repayment Calculator
How do I use the personal loan repayment calculator? Savvy’s personal loan repayment calculator is simple and easy to use no matter where you are. All you need to do is fill out a few different boxes and the calculator will crunch all the numbers for you. By inputting your desired loan amount, term and […]
Home Renovation Loans
A home renovation or home improvement loan is a personal loan that can be used to cover the cost of any sort of property renovation or improvement, whether on your personal home or an investment property. This can include: Kitchen and bathroom remodelling Plumbing and electrical work Home repairs Building additional living space Adding windows or […]
Fully Maintained Novated Lease
A fully maintained novated lease is a car finance arrangement that lets you lease a vehicle through your employer, with all major running costs bundled into one regular payment. The cost is deducted from your pre-tax salary, reducing your taxable income and helping you save on overall costs. In return, you get full use of […]
Car Broker
A car broker – not to be confused with a car finance broker – acts as a middleman between you and car dealerships, helping you navigate the process of buying a new or used car. Their goal is to get you the best possible deal by leveraging their connections and expertise. Here’s how car brokers […]
Dealer Finance vs Car Loans
How is dealer finance different from standard car loans? Dealer finance is simply the name for the loan your dealership offers you when you buy your car. They function in pretty much the same way as any other regular car loan (secured loan, borrow lump sum, repay with interest and fees over a set period), […]
Contents Insurance
When you’re looking to insure your home, it’s not just damage to the physical property you’ll have to worry about. Leaving yourself unprotected against the loss of or damage to your belongings can set you back a significant amount, particularly if they’re vital to replace. This is where a contents insurance policy comes in handy. […]
How Car Salary Sacrificing Works
When you’re looking to finance your next car, it’s important to know that there are options beyond car loans. Car salary sacrifice agreements, also known as salary packaged car agreements or novated leases, are a popular alternative in Australia. With in-built tax savings from the get-go, it’s no wonder Australians are opting for these products […]
Low Doc Home Loans
It can be difficult to take out a home loan if you don’t meet the traditional documentation requirements. If you find yourself in this situation, low-doc home loans can provide an alternative pathway to property ownership. These loans are tailored for borrowers who can’t provide conventional proof of income, offering flexibility with documentation while maintaining […]
