Finance News

When considering the purchase of your new home, the insurance is just as vital as the house itself. There are many kinds of insurance to be considered  contents insurance, building or home insurance, and mortgage protection insurance. Contents insurance Contents insurance safeguards you in the event of loss or damage to...

Here are five tips to capitalise on a renovation opportunity: Finance How the renovation is financed can have a lasting impact on how much profit you make, as well as restrict the scope of works that can be undertaken. There are many different renovation finance options, such...

The business loan application process is fairly straightforward, however, it can be intimidating to individuals that are new to the process. Although specific steps can vary from lender to lender, and business to business, most business and commercial financing will follow a similar process.   Business owners will have...

What would ensue if a grave accident or illness left you incapable of meeting your mortgage repayments or other financial obligations? No one enjoys the thought of falling ill, becoming victim to a serious accident, or even worse, dying. But unfortunately, the truth is severe illnesses...

Many investors decide to buy or refinance their property in the name of a Proprietary Limited (Pty Ltd) company, for a variety of asset protection and taxation reasons.  However, financial institutions treat these loans differently than standard home loans. How do financial institutions view company home...

The best small companies will be big one day, and they will need the corporate governance structures that ensure big organisations are profitable and adhere to compliance requirements. Consider enlisting the assistance of a small advisory board (two or three individuals, ideally with at least one...

Most businesses strive to be the best in their fields.  But what happens when one of your competitors is quickly gaining on you? Or even worse, breaking ahead?  To run a profitable business you do not necessarily need to be the best– but you do need to...

If you use residential property as security, you can access more favourable interest rates for business loans. While most financial institutions will refer you to business banking and charge you a higher rate, some lenders can consider giving you the discounts normally reserved for home loans. Borrowing...

You’ve heard it before, but when it comes to investing your money wisely, it really pays off to have a plan. This means choosing smart investments that are right for you, and developing strategies to ensure your money goes a long way. If you have...