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Why Rion?
Business Loans
Business loans are a general form of lending and can be used in multiple circumstances. For instance, you may be seeking finance to:
- Fund a business project
- Purchase residential or commercial property
- Acquire another business
- Bridge the gap in your cash flow (less common)
- Invest in the business growth or plan
As business loans tend to cover a wide variety of purposes, they can be in all shapes and sizes, including terms of 1 to 30 years, fixed or variable and/or may be pegged to a particular interest rate (i.e. BBSY/W). They tend to be more long-term in nature and can be both secured and unsecured depending on the purpose, amount and application strength.
Some loans also have a "maturity" or review date, which requires the borrowing entity to provide updated financial information at a set period of time.
In recent years, there have been several regulatory changes in how banks monitor business loans, particularly for small business customers.
Speak with a RION consultant today to learn more about your business loan options…
Trade & Working Capital
We will do our best to keep this section short because we love talking about working capital, and there's a lot of ground to cover. This is a particular area in that RION has a unique strength and expertise.
Cash flow is arguably the most vital component in any business. As the saying goes, “Revenue is Vanity, Profit is Sanity, but Cash is King!”.
Types of Trade & Working Capital products include:
- International Trade Finance - Import/Export (including Letters of Credit etc.)
- Domestic Trade Finance
- Invoice/Debtor Finance (including Factoring)
- Asset Based Lending (ABL or Balance Sheet Lending)
- Lines of Credit
- Overdraft
- Business Loan (less common)
In Australia, we love nothing more than property and our banking sector is largely consumed by it. Because of this fact, the trade & working capital lending sector has fallen to the wayside over the years. However, the banks are starting to recognise a gap for customers needing cash flow lending and are slowly coming back into the fold. There continues, though, to be a skills gap in the market, and they are struggling to adjust to the growing demand for business and commercial customers.
Our founder, Cameron, spent 16+ years specialising in this sector both in Australia and abroad. He is devoted to continuing his education and highlighting the importance of Working Capital lending for Australian businesses.
We would also invite you to our BROKER SERIES (Coming Soon!) of videos that review this topic at length. Follow our YouTube channel and industry news section in the menu to find out more!
If you would like to discuss in more detail how RION can assist you in better managing your cash flow, then contact us today for a free consultation…
Short Term Loans
Short Term Loans are generally loans that can be used to satisfy a variety of purposes, be it (to name a few):
- Funding a project or product development
- Marketing and promotions
- One-off cash flow requirement
- Reconciling or consolidating debt
Not to be confused with Business Loans (which are more long-term) or Working Capital (less than 1 year), these types of loans are typically speaking for terms of as little as 3 months and up to a maximum of 3 years. Depending on the circumstances, lender, and application strength, they can be either secured or unsecured.
Whilst the major banks do provide short-term loans, there are a raft of non-bank lenders in this space with varying degrees of products, rates, and appetite.
If you would like to talk more about Short Term Loans and whether this is the right solution for your business then please Contact Us from the link below…
Debt Structuring
Debt Structuring is when we review the business’s finance requirement more holistically to provide a complete lending package. Most companies require more than one financial product as they have both long and short-term needs. Having a structured lending solution that satisfies all components of a business sets it up for success.
Say, for instance, you are looking to implement a new business plan which may require:
- Seed funding
- Equipment
- New location and operations
- Working capital for ongoing funding
This is where a more holistic funding solution will come into play to align with all objectives. Alternatively, you may be seeking to find a more fluent method for funding your business as it stands today. Further, you may be considering purchasing another business and are looking for a broker who understands the acquisition process and lending options.
With our background in business and commercial lending at RION, we specialise in assisting business customers in achieving their short and long-term plans.
Our appreciation, knowledge and experience of the commercial lending landscape can provide you with an all-around tailored solution.
Speak with a RION consultant for more information by hitting the contact button below…
Foreign Exchange (FX)
When most people think of Foreign Exchange (FX), the first thing that comes to mind is hedging. Whilst, to some degree, this may be so, having an FX strategy is a lot more than just hedging your bets as to which way the currency market is trending. It’s more of a risk and revenue protection process that ensures a business remains profitable and doesn’t lose money from currency movements.
If you’re a business that deals in currency, either as an importer or exporter of products, then having an FX Strategy is vital to protecting your income, particularly in an uncertain market. We have contacts with both the banks and the private FX sector to help you implement a cost-effective and easy-to-understand risk strategy to protect your business margins.
Speak with a RION consultant today to find out how…