Finance Solutions
At BEF, we understand that one funder can’t provide all your needs. We take into consideration your business and personal goals, your current circumstances and structure your finances to give you the best available outcomes.
On occasion, this requires out of the box thinking but, in everything we do, we take a holistic, relationship-based approach. The longevity of our customer relationships is a testament to our customer-centric focus.
Equipment Finance
Whether you’re upgrading machinery, expanding your fleet, or investing in new technology, our Equipment Finance solutions are designed to keep your business productive and profitable.
Our customers are as diverse as our finance solutions. From earthmoving and transport to agriculture, retail and construction services. There isn’t much we haven’t seen in our 30+ years in the industry.
We also cater to Balance Sheet management requirements and can structure on and off balance sheet loans to meet your requirements.
Business Loans
If you’re needing funding for growth, acquisition, or restructuring, we have solutions to suit a wide array of requirements with flexible repayment terms.
Don’t have property security? Our solutions can also accommodate customers with limited property security.
We also understand that businesses go through different cycles. While we often assist business owners with growth-based funding, there are some businesses who need a bit of TLC and some support to get back on track. We are here to assist and our focus is on helping you prosper.
Working Capital
Need access funds to manage cash flow, pay suppliers, or seize new opportunities?
Overdrafts and Lines of Credit work similarly but are designed to provide you with a credit limit to use in the business to pay everyday bills. Not sure what size limit you require? We can help with establish a suitable facility limit, so you don’t run out of cash.
Debtor & Trade Finance
Do you sell products or services on terms to your business customers? Then you may be a candidate for Debtor Finance.
Put simply, you can get an advance on funds owed to your business. There are a wide range of solutions in the market and we can help sift out the irrelevant products to fine tune the right solution for you.
One of the big upsides of Debtor Finance is the availability of cash as your business grows and your Aged Receivables grow with it. Unlike a Line of Credit, your available funds are based on your Receivables, not a preset limit.
When most suppliers limit credit terms to 30 days but you need longer while you wait to be paid, you could benefit from Trade Finance.
Trade Finance can assist with direct payment for materials or services your business requires with credit terms out to 120 days. It can be used for international transactions in foreign currency, or, domestic supply chain requirements.
Commercial Property
Finance for owner-occupied or investment property, tailored for business operators and investors.
Replace your rent payments and start building your wealth now. Running your business from the property? You could benefit from minimal deposit requirements.
Investing in commercial property? We have a range of stand-alone products applicable where the lease income meets your commitments.
SMSF Lending
Structured lending for self-managed super funds investing in commercial or residential property put you in control of your own super funds.
Deposits as low as 20% for commercial property and yes, you can run your business from the property as long as you meet the ATO criteria.
SMSF has some specific rules that don’t exist with other lending products. Let us know you circumstances and we would be happy to provide some feedback so you can make more informed decisions.
Insurance Premium Funding
All businesses have insurance premiums. Once the domain of your insurance broker, we can also provide a monthly payment options for your annual premiums.
Try us out. Many of our customers benefit from lower payments than they have been offered in the past.
We can accommodate general insurances as well as Workers Compensation insurance premiums.
Residential Finance
With most of our business owners holding multiple residential property assets, we make sure we can cater to your overall requirements.
Debt structuring for a business owner becomes even more pertinent. We often have discussions around minimising cross-collateralisation and work closely with your accountants to ensure your wealth assets outside the business are adequately protected.
