What is a Bridging Loan and How Is It Used?
In a competitive housing market, you might find your dream home but feel incapable of making an offer as you’re still tied up with selling your current property. It’s a common dilemma for many Australians, leading countless families to forgo a move they’ve always wanted. Moreover, many investors find lucrative opportunities that will be snapped […]
5 Key Steps to Get Your Business Ready for a Loan Application
An extra injection of finance can truly transform a business, creating opportunities for expansion across deliverables, locations, team size, and new ventures. But do you get a business loan in Australia? Unfortunately, many lenders make the process overwhelming, especially for those not fully prepared. It’s essential to get organised and follow these six steps to […]
The Pros and Cons of Equity Release Loans: What You Need to Know About Borrowing Against Equity
Equity release loans are becoming an increasingly popular choice among Australian homeowners, especially seniors, looking to access the value locked in their homes. But is it the right move for you? Let’s explore the advantages and potential drawbacks of taking equity out of your home. What is an Equity Release Loan? An equity release […]
When Should I Look to Use a Short-Term Loan for My Business?
Business owners regularly encounter scenarios where they need a rapid injection of funds, but not so much that they need to take out a long-term, expensive, and complicated loan. Whether it’s unexpected expenses, managing cash flow, or seizing new investment opportunities, a short-term loan may offer a more convenient option for obtaining finance that will leave […]
8 Commercial Loan Myths Busted
The loan process can be confusing, especially for small business owners. There are many loan myths that you may have heard about that just aren’t true. Here at Pacific 8, we have busted 8 loan myths, to help make the loan process simpler for you! Read to find out more. Myth #01: All loan applications […]
