Check out some of the most recent questions asked by Eccho members in relation to business finance – to find out the answers, simply click on the link with your smart phone.

 

 

  • I am a franchisor. New franchisees need to pay between $20k and $35k to join the group. What’s the best way to arrange to finance this fee as a new franchisee?
    https://bnc.lt/eQyg/IfxyxydArt

 

  • I have two ABNs – a sole trader and a company. Same business, one followed the other. Do invoices issued under the first ABN have to be accounted for in the BAS for that entity, or can they be shifted to the company BAS if paid after it was set up?
    https://bnc.lt/eQyg/2A1XvFTuGt

 

  • We are not having much luck with the banks for the fit out of our cafe. A broker has mentioned a lender called Prospa – never heard of them so does anyone know much about them?
    https://bnc.lt/eQyg/KZvYnVSuNs

 

  • I work full time as a floorsanderer and want to buy a houseboat to rent out. I have a 50k caravan that I could sell for a deposit & about 10-20k in savings. I need about 250k all up for the boat. No house as security. Can any1 help? I expect 50k+ income
    https://bnc.lt/eQyg/OOvS0d0fjs

 

 

 

 

  • We are investigating franchising our business and want to get some advice on which banks are more proactive in lending to franchises?
    https://bnc.lt/eQyg/dhKJ6bqZGt

 

  • Hi, both my Husband and I are currently employed and earn an a steady combined income. I’m considering leaving work and commencing a start up business and wish to obtain a business loan to add to some savings. What implications do I need to consider?
    https://bnc.lt/eQyg/7gRgGv9hkr

 

 

  • I am a small business owner. I need a cash injection of about 20k to expand my business? What is the best way of doing this, redraw on my home loan? Take out a new business loan? What are the various costs and implications? Thxs
    https://bnc.lt/eQyg/cXXfAevZGt

 

 

  • I run my own business and a mate of mine suggested I speak to someone about debtor finance – can you give me an idea of how it works?
    https://bnc.lt/eQyg/8aTGzAyZGt

real people real answers