Business Finance

Your Business Finance Specialist.

What is Business Finance?

Business Finance is more than just a consideration about how much a business can borrow. It requires a detailed review of the business trading history, its industry and market segment, its underlying trading and balance sheet strength, and the economic influences on it as a whole.

Business Finance also includes analysis of existing and potential funding such as the below, and their longer term effect on the business itself:

  • Funds borrowed from a bank or specialist lender.
  • Funds borrowed from related parties (e.g. shareholder loans).
  • Short term funding for one off cash flow needs.
  • Transaction banking and merchant facilities.
  • Creditor/debtor management.
Financial consultation

Business Finance Options

When assessing the finance options available to a business the following factors are also considered:

 

  • The business historical financial performance and forecasts/budgets.
  • Balance Sheet equity (the difference between assets and liabilities).
  • Working Capital position (current assets vs current liabilities).
  • Profitability and servicing capacity.
  • Director and shareholder backgrounds.
Financial consultation

How We Can help

There are many factors involved in understanding a business before any recommendations are made. Whiteroom Finance prides itself on making sure your longer term goals are considered when suggesting finance solutions to your immediate needs.

Whatever your business finance goals are, Whiteroom Finance can help you achieve them. Whether it’s upgrading your vehicle fleet, purchasing new equipment, acquiring property, improving cash flow, or expanding your business, we have the experience and connections to help you achieve your vision. Whiteroom Finance becomes part of your Trusted Adviser Network. Trust us as your business finance adviser for your next commercial decision.

Contact Whiteroom Finance today.

Business Lending

Growing your business or expanding services? Transitioning to retirement or setting up for sale? Maybe you’re just not happy with your current finance arrangements. You’re going to need to talk to us. The business finance experts at Whiteroom Finance have worked with businesses of all sizes and at all stages of the business cycle and can help you with advice and guidance about any business finance needs, including:

  • Improving cash flow and accessing working capital options.
  • Accessing short term unsecured debt for specific needs.
  • Specialist lending (including professional services).
  • Restructuring your existing debt.
  • Acquiring a new business.
  • Unsecured lending.
  • Purchasing a property.
financial solutions

Business Finance Advice

We also work with your existing finance team and advisers to make sure you’re getting the most complete advice.

The structure, nature, and cost of funding varies considerably and can be vastly different for seemingly similar businesses so don’t be caught out relying on what others tell you. Wherever you are with your business, Whiteroom Finance can get you where you want to be.

Contact Whiteroom Finance today.

New Business Loans

Need help starting a business but not sure where to go for finance? Whiteroom Finance are business finance experts and can give you the edge you need to start your small business journey. We offer advice and guidance on small business loans and can find the right provider and the right loan for you.

Often, people starting a new business understand what they want but don’t always know how to achieve it. Most will start their business without understanding funding needs or exploring financial solutions. At Whiteroom Finance, we encourage you to engage us before starting your business so we can work with you to develop an understanding about your business goals and what you are hoping to achieve. This means when it comes to exploring your finance options, we make recommendations based on knowledge, not assumptions.

  • Improving cash flow and accessing working capital options.
  • Accessing short term unsecured debt for specific needs.
  • Specialist lending (including professional services).
  • Restructuring your existing debt.
  • Acquiring a new business.
  • Unsecured lending.
  • Purchasing a property.
Business Finance Consulting

Small Business

If you’ve already started your business, that’s OK, too. Whiteroom Finance can help develop your business finance acumen and manage growth to prepare you for access to appropriate funding when available.

With extensive experience in the finance industry, we know the potential pitfalls and how to avoid them. Whiteroom Finance provides you with options to get your business up and running and keep it running.

Vehicle and Equipment Finance

Needing new equipment for your business? Perhaps you’re looking to replace or expand your vehicle fleet? No problem. Whiteroom Finance has access to a range of finance providers and can help you with the right equipment finance for your business.

Our team understands your business is unique and will work with you to find the funding structure to suit your finance needs.

Contact Whiteroom Finance today.

Business Finance FAQs

Related Party Debt: Most businesses borrow money from the business owner from day one.  Whether a formal loan or just a decision to defer personal income – it is a form of debt and once a business owner understands this, deciding to formally borrow funds becomes much easier.

 

Equity: Some businesses sell shares in their company to unrelated people or entities. The unrelated entity provides cash for operations and in return gets a share of profit.  This is not a loan, but a type of funding that is commonly used, especially for large business.

 

Borrowing: Banks, Financiers and Private Lenders are looking for opportunity to lend money to a trading business. Whatever the purposes of the funds, the concept is the same, the lender looks at business profitability and capacity to repay debt in an agreed timeframe and lends money accordingly.   

Whether a deposit is required or not depends on the type of loan and its terms. Having a deposit can reduce cost of debt, but also means having to use up some cash flow. Vehicle finance commonly does not require a deposit, however, funding for larger equipment or property would likely have some deposit requirements, whereas working capital/cash flow facilities would not. Note that costs associated with a purchase, such as Stamp Duty and GST usually are required to be paid out of pocket

Finance is available for most business needs. What is suitable for your businesses though depends very much on your circumstances and goals. Business owners often approach a bank or financier with what they think the solution to their need is without really understanding if this is going to fix the problem or what the problem actually is. Our job is to uncover the need and explore the options to resolve it without borrowing and then look at the appropriate funding needs next.

 

The short answer to this question is “It depends” and that you should seek professional advice to work out why you have a need and what you need to do to fix it.