by Nick Rainsford | 4 Oct 2015 | Business, General, Home loans, SMSF, Uncategorized
It’s amazing what you get used to. What was once abhorrent to us becomes normal. As a young idealist you may have once said that I will never work in a dead-end job. However the realities of life force most of us to compromise those hard and fast ideals and settle for...
by Nick Rainsford | 6 Sep 2015 | Business, General
It’s not you it’s me…not a good break-up line right? Unless you’re George Costanza. What if I told you that it is now a strategy for some lenders. In fact it has been deployed many times but more flagrantly since the GFC. Cast your mind back to...
by Nick Rainsford | 29 Aug 2015 | Business, General, Investments
This article is about the street interest rates that an increasing number of non-PAYG business owners and people without security pay. Most banks have equated these otherwise customers to financial lepers and thus excluded them from accessing their balance sheets....
by Nick Rainsford | 22 Aug 2015 | Business, General
Have you heard your bank talk of how relationships are important lately? Probably, what you need to do – as you would with any relationship – is measure that talk against reality. If your bank has cut its cost to income ratio dramatically in the past decade,...
by Nick Rainsford | 10 Aug 2015 | Business, General, Home loans, Investments, Leasing, SMSF
Before you get too excited, I mean rejected by your lender. You know, for a commercial loan, lease, investment loan, mortgage…any kind of debt. The current homogeneity of the financial services sector is astonishing. Most lenders – and it’s not only banks – follow the...
by Nick Rainsford | 27 Jul 2015 | Business, General, Home loans, Investments, Leasing, SMSF
Talking to various people over the past few months has led me to the conclusion that some people over complicate their financial matters. This is unnecessary. How many lenders do you have? An example of this is the number of brokers or lenders they may use for...
