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Now is a great time to review your current debts and consider debt consolidation or debt restructuring. Debt consolidation: A UMF personal loan can help you roll multiple debts such as personal loans, motor vehicle loans and credit cards into one loan. You can benefit from the simplicity of one repayment which can improve cash…

1. The rate you see is not necessarily the rate you get: Many places will advertise low interest rates, in some cases even 0% although if you get approved for a loan don’t assume you’re getting the interest rate they are advertising. Unlike other loans such as mortgages and credit cards, vehicle finance is unique…

At Urban Motor Finance we understand that perfectly good people or businesses may not have the paperwork required to secure a loan. This is why we have the ‘Low Doc’ loan option that is suited for companies and sole traders.  A ‘Low Doc’ loan is ultimately much like a regular loan, except with minimal supporting…

Tax breaks are few and far between, and this one’s a ripper. See how you can invest in business equipment without affecting your cash flow. The $20,000 Instant Asset Write-Off scheme could be a huge boost for your cash flow. By using this tax deduction, you can decrease your tax payable, which means you can…

Private sale finance is available for a range of vehicles including cars, motorcycles, trucks, earthmoving equipment and more. So, If you’re looking to finance a motor vehicle purchased from a private seller, there are a few things you need to be aware of before you get started. Otherwise you could find yourself being offered an unsecured…

The Australian Government has announced an increase in the instant asset write-off from $30,000 to $150,000 in response to the economic impact of the coronavirus. The increased limit is in effect until 30 June 2020.
Amid novel coronavirus, this is likely to be welcome news for many Australian businesses. In 2017-18, there were more than 360,000 businesses that benefited from the instant asset write-off scheme. Here’s why, and what that means.

When you are out to buy a car, you might need some finance to help you make the purchase. Here are some things to think about so that you get a loan that suits you. 1. Figure out a comfortable loan term: Before applying for a car loan, please think how the repayments could affect…

The $30,000 instant asset write-off  can be an effective way to reduce your tax bill. See how you can use the $30,000 instant asset write-off to invest in business equipment without affecting your cash flow. The $30,000 Instant Asset Write-Off scheme (which was raised from $20,000 as of 2 April 2019) could be a huge…