by Michael Coombes | Aug 1, 2026 | Business Finance
Written by Michael Coombes, Director of Southshore Finance. Michael has 40 years’ finance industry experience including 33 years as a finance broker. Reviewed August 2026. A novated lease is a three-way agreement between an employee, their employer and a finance...
by Michael Coombes | Mar 27, 2026 | Business Finance
“Insufficient cash flow” is one of the most common reasons we see for a business loan application being rejected by lenders and it is a pattern we regularly see with Perth businesses applying for commercial finance. But behind that, is actually a specific,...
by Michael Coombes | Mar 27, 2026 | Business Finance
If your business loan was declined due to lack of security, you’re not alone and it doesn’t mean your business isn’t viable. Security-related declines are among the most fixable issues in commercial lending. The key is understanding exactly what the...
by Michael Coombes | Mar 27, 2026 | Business Finance
One of the most common reasons a business loan is declined is due to an incomplete or unclear business plan and it is a pattern we see regularly with Perth business owners applying for their first commercial loan. When a business plan lacks detail, lenders are simply...
by Michael Coombes | Mar 27, 2026 | Business Finance
What if your business is performing well and you’re ready to take the next step, including buying new equipment, expanding your premises, or a working capital boost to capitalise on a pipeline opportunity? You apply for a business loan, but the lender comes back...
by Michael Coombes | Mar 27, 2026 | Business Finance
When it comes to business loans, one of the most common setbacks we observe with Perth SMEs relates to credit history. In most cases, loan declines due to credit history involve issues such as unsettled defaults, mismatched details on the credit file, or too many...
