Let’s grow your business today.
Asset loans are tailored financial solutions designed to meet the unique needs of businesses, whether it’s for stock, expansion, equipment purchase, or even heavy duty machinery. Understanding the intricacies of asset finance can empower you to choose the most suitable option for your company’s growth and operational objectives.
Why Medical Professionals Choose Oakwood Finance
Specialist Understanding
We understand that medical professionals can have very different income, ownership and borrowing structures from conventional borrowers.
70+ Lending Partners
Access to a broad lending panel gives us the ability to compare policies across major banks, specialist lenders and private banking pathways.
Complex Structuring Experience
We regularly work with trusts, companies, SMSFs and multi-entity structures.
Commercial & Residential Capability
Your broker can understand the relationship between your personal lending, investments, practice, commercial property and business facilities.
Collaboration With Your Advisers
Where required, we work alongside accountants, lawyers, financial advisers and other professionals involved in your financial structure.
Discretion
We understand the importance of confidentiality when dealing with significant personal, business and healthcare transactions.
Key Features:
Purpose-Driven: Asset Finance can be structured to fund a variety of business needs, from vehicles right through to larger equipment
Secured or Unsecured: Loans can be secured with business assets, offering potentially lower interest rates, or unsecured, which typically require a stronger credit profile but offer quicker access to funds.
Varied Loan Amounts: Depending on your business’s credit history and the lender’s criteria, loans can range from small sums to substantial amounts.
Repayment Terms: Asset Finance can come with varying repayment schedules, which can be matched to the cash flow patterns of your business to avoid undue strain on finances.
Considerations:
Credit Assessment: Lenders will review your business’s credit history, revenue, profitability, current assets and business plan to assess loan eligibility.
Interest Rates and Fees: It’s our job to be conscious of the interest rates and associated fees, as these will affect the total cost of borrowing.
Collateral: If opting for a secured loan, consider the implications of offering business or personal assets as collateral.
Flexibility: We’ll look for loan features that offer flexibility, such as the ability to adjust repayment amounts or schedules, to accommodate the changing needs of your business.