Business Loan Requirements

Business Loan Requirements

You may have seen the ads for business loan providers highlighting the minimal requirements to qualify for one. These providers are usually non-banks. What they won’t show in their advertising is their interest rates. The reason for this is simple. They know...
New Year, Grudges and Banks

New Year, Grudges and Banks

Happy New Year to all our clients, referrers, readers and friends. On New Year’s Eve we had our usual family bash at our house. This year we invited some people that we’d banished from our lives some 15 years ago. I am not known to be a forgiving person. I hold...
Snakes, Comas and Loans

Snakes, Comas and Loans

About 10 years ago my local council started an eradication program to rid the local area of feral foxes. Initially, people were happy but as time went by and as some pesky newcomers moved in, the euphoria of lynching the foxes didn’t last. Within a few months people...

The Middle

Our financial institutions split their organisations into various segments. Invariably, they target most of us at the lowest (retail) segment and institutions at the highest. The middle is defined as everything in between. Most banks define this middle as any...