Household Finance & Insurance

Personal loans

If you have made the decision to borrow funds for a future purchase you may have been tossing up between whether to use a personal loan or credit card. The interest rate charged on a personal loan is usually less than that on a credit card, so naturally it would be your preferred option, especially if you are not expecting to pay it off quickly.

The personal loan products available from lenders will differ in terms of the amount you can borrow, the terms available and the interest rates charged. Personal loans are usually unsecured but in some cases may be secured or guaranteed by your home or other asset.

Car loans
Home improvement loan
Business loan

Car loans

A car loan is a personal loan secured by the car you are purchasing and consequently as a secured loan will have a lower rate than non-secured personal loans.

When you are shopping around for a motor vehicle through a dealer, you will quite possibly be offered finance by a dealer. As part of the process of shopping around for a car we advise you to also shop around for the finance too. If you source the finance for the car first you will be in a better position when negotiating on the motor vehicle price as you will be “cashed up”.

Home improvement loan

There may come a time when you find you need more space in your current home or the bathroom and kitchen needs updating. It may not be cost effective to sell up and move to a new home when you take into account the agents commission, legal fees and government charges involved. A home renovation may be the answer.

When it comes to financing your renovations there are a range of options available. Which one is the most appropriate for you depends on your individual circumstances and factors such as how much equity you have in your home, any current loans, your overall financial situation and your timeframe. Let us help you to work through all the options available.

Business loan

Whether you are looking at acquiring a new business or are already established in your existing business, we can help you with your financing needs. You may need short term financing such as a bank overdraft or longer term financing to help you expand your business, whatever your requirements are, we can help you.

Our business loans offer you the flexibility of variable or fixed interest rates with structured repayments that feature either interest only or principal plus interest.

Bank overdraft
Being in business, particularly small business can be a regular challenge in terms of managing your day to day cash flow. We can arrange for an overdraft account that allows you to have access to a pre-determined limit and you only have to pay interest on the amount that you have used.

Debtor finance
Debtor Finance is a financing product that allows you to maximise your cash flow, which is a key factor in the success of any business. Unlike traditional lending products, this form of lending enables you to access funds using the strength of your sales as leverage.

By borrowing against the outstanding value of your trade debtors you won’t miss out on business opportunities that you otherwise may have which can help you achieve your business goals and targets.

You might use this type of product if your business sells goods or services on credit terms and consequently has restricted liquidity, or if your business is expanding or if your business activity is affected by seasonal trends.