Darkhorse Financial

Darkhorse Financial Dark Horse Financial is an Australia wide lending brokerage helping home owners, investors and busine

Dark Horse Financial is an Australia wide lending brokerage helping home owners, investors and business owners with all their lending needs. We are proud of our client for life approach and that our clients choose us to assist them with their home loans, their investment loans and their business loans again and again. We assist our clients with a combination of technology to fast track your loan e

xperience, strong industry relationships and by being totally focussed on driving the outcome that is most important to you. Via our website and social media we are constantly sharing our expert knowledge on how home owners can pay their loan off faster, how business owners can use finance for growth, improve cash flow and how investors can structure their finance to grow their property portfolio. To talk to an expert about your personal situation contact Jeff at 0439 062 771, [email protected] and https://www.linkedin.com/in/jeffsuter/

Opening hours: 9:00am - 5:00pm
Website: darkhorsefinancial.com.au


Please note that videos, articles, comments and opinions expressed on Facebook are general in nature and in no ways are they personal or financial or tax advice.

11/02/2025

Case Study: $300k unsecured overdraft limit for a logistics company (funding key sales hires to counter a downturn…check it out 👇)

After following our case studies for a few years our client reached out to us after experiencing frustration with their bank.

The business owner had grown a significant operation over time and was backed by substantial property holdings but was not receiving the working capital support they needed after they saw their work dip in the second half of last year.

In consultation with their accountant we understood their need for credit was as much to give them peace of mind and to be there just in case their position didn’t improve as they had forecasted.

By not waiting until their situation had become desperate, the business owner had options and could turn to a lender that offers discounted rates for businesses turning over more than $5M.

With this being the case we recommended an unsecured overdraft from a non bank lender with no establishment fees and no line fees.

This means the line of credit will sit their with no charge until called on.

This solution sits behind bank facilities and does not affect future credit you may wish to pursue with major lenders as it relies on personal guarantees only for limits up to $300,000.

Setup in 48 hours, our unsecured overdraft provided the confidence for the operator to do business the way they wanted and shortly after they advertised for 2 sales positions to support the business get back to the volumes they were used to.

Get a better loan 👊

20/01/2025

The Christmas shutdown or bad weather stopped you operating and killed your working capital? (here’s the solutions done better👇)

Don’t automatically assume the first and fastest option is the best but there is a way to combine solutions to get a superior outcome…if you read to the end you’ll see what I mean.

Unsecured lines of credit can be amazing but the wrong solution can make your future cash flow even harder.

A capital raise secured against your equipment and machinery will give you a longer term and a lower rate.

This means you can generally access more funds and have a lower single monthly repayment, which makes cash flow easier to manage as you have the capital while your work for 2025 gets started and sees you through until invoices come in through March and April.

If your goal is to maximise cash flow the most flexible option is an equity release against property.

Here you get the trifecta of lowest rates, longest terms and the ability to make extra repayments as you please.

But if you haven’t got 2-3 weeks to wait for an asset based loan and speed is of the essence an unsecured option can work.

Look to the best unsecured options your credit position can support.

Our preferred unsecured overdraft provider has no establishment fees and beats the competition on rates as it has no line fees or other charges that bump up the real cost of a line of credit.

But often the best way to deal with a problem that needs a fast solution is to combine these loan options so you get the speed you need with the best future cash flow outlook.

This could look something like accessing an unsecured loan solution to solve an immediate cash flow issue but choosing a lender that allows for an early payout of the facility without penalty because they discount all remaining interest.

This feature allows you to then access an asset based loan to payout the unsecured solution so your end rate and frequency of repayments are lower, more manageable and not such a burden on future cash flow.

In this way you get the best of both worlds - speed and a solution that’s best on your cash flow over the longer term.

Dark Horse Financial

Get a better loan 👊

20/01/2025

You can’t take on more business than your cash or human capital can support (and you’ve probably got more options thank you think…check it out 👇)

If you’re billing on end of month terms this is especially true as your required cash burden is so much higher.

Unsecured loans can raise capital fast but there’s other ways to access working capital you should consider before charging into the first and fastest option that presents itself.

If you’ve got equity in equipment, you can raise capital to support cash flow, man power and obligations like tax debt.

These loans have a repayment period that is typically spread across 5 years with a single monthly repayment.

Equity releases against property are usually the cheapest options and allow for more flexible and longer repayment terms again.

This makes them the lightest burden on future cash flow.

If you’re engaged in an equity release process we can facilitate these within 3 - 4 weeks.

While unsecured overdrafts, lines of credit and term loans serve a purpose, they shouldn’t always be your first option, even if you can’t (or don’t want to) get a bank business deal.

Dark Horse Financial

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16/01/2025

The 2 issues KILLING business loan applications right now (and how to get approved👇)

Most applications occurring right now are to support businesses with working capital and cash flow through the Christmas break.

For those businesses seeking cash flow support and the working capital to get this year’s work underway, many will be looking for an unsecured line of credit because they can’t wait for a lengthy bank process to take place.

The application process for these loans are a read only view of business bank statements for limits and loans up to $500,000 and a check of director credit scores.

Lender software reads your bank data making sure you have sufficient cash flow and liquidity to service the line of credit or loan you’ve applied for.

Your revenue trend, particularly the last 3 months, is critically important.

The other critical attribute is your average cash balance.

If your revenue trend is declining lender’s are less inclined to lend you the amount of funds you need.

If your average cash balance is less than 10% of your average monthly turnover a lender may feel you have insufficient liquidity to make repayments - ie it’s only a matter of time before you have a dishonour for a scheduled repayment.

Direct debit dishonours are the red flag that even the most aggressive lenders won’t look past as it’s a symptom of an average cash balance that’s too low for servicing and poor liquidity.

If you have considerable savings outside of your business account a low average cash balance can sometimes be mitigated by showing evidence of these personal savings.

But if you don’t have savings, as uncomfortable as it may be, if these issues are affecting your business lending probably isn’t the solution you should be seeking.

If these issues are due to a temporary shock or issue that’s out of character, perhaps like a single customer being a chronically late payer, there’s 2 solutions you can look to.

Both fall under the category of asset backed loans.

A capital raise against vehicles, equipment or machinery can give you up to a 5 year term for loan amounts up to $1.5M.

The other solution is to release equity from property.

This could be in the form of a private loan but we find that in many cases we can save borrowers thousands (sometimes tens of thousands) in fees by using a second tier residential lender that’s more commercial than others.

The added benefit of this over a private loan is also the longer term and significantly reduced rate.

This makes repayments much more manageable immediately.

Whichever solution you’re seeking, applying from a position where your revenue and average cash balance isn’t declining will give you the most options with the cheapest rates.

If however that’s not an option, don’t wait until your situation becomes desperate.

Dark Horse Financial

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14/01/2025

As a guesstimate...in around 60% of enquiries for private business loans, caveat loans and second mortgages we can refinance and achieve what’s requested with a residential lender – even when other mortgage brokers haven’t been able to (here’s why this is important 👇 )

In short…MASSIVE cost...but here's the detail:

If you’re looking at a private lender you’re going to be up for the following:

❌ Commercial valuation fees - yes even on residential property security

❌ Legal fees of more than $2000 – sometimes a lot more

❌ Lender establishment fees

❌ Solicitors fees for your own required advice and receiving contracts

❌ Brokerage to us

Most if not all of that goes away with a residential lending solution.

Just like there are specialist mortgage brokers that work with First Home Buyers, there are specialists at working with business owners who require working capital, debt consolidation, loan restructuring, tax debt solutions.

Going to the wrong one thinking you need a private loan solution can cost you tens of thousands.

It could be the difference between surviving or thriving.

(And there's also the better rates too)

Get a better loan 👊

13/01/2025

The world’s FASTEST equipment finance solution? (What you need to know👇)

It’s reasonably well known unsecured lenders speed of funding for lines of credit and term loans make bank process look prehistoric.

Some lenders are even able to take an application in the morning, assess via bank statements (with no financial documents) approve, contract and fund up to $500,000 all on the same day.

Now some of these lenders have expanded their product offering into equipment finance and equipment finance lines of credit AND with rates you can be happy about.

So if you’ve got:

✅ A driver’s licence

✅ An invoice for your desired asset

✅ And about 3 minutes to talk to Dark Horse Financial
..you could have your asset finance approved and funded in as little as 24 hours.

Get a better loan 👊

P.S. You can even fund commercial fitouts this way 👌

11/01/2025

“I’m f@*&ed if interest rates don’t go down” a property developer who owned multiple businesses told me over a beer this time last year.

But he was planning and operating as if interest rates would go back down to the bank rates of 2% again, while I was cautioning that my take was interest rates had more risk on the upside and my feeling was rates would not return down to the record lows we’d seen previously unless the economy was catastrophically weak.

While rates really didn’t move up or down over the last 12 months, as ANZ joins Commonwealth Bank forecasting for a potential rate cut in February, my feeling is that the longer-term risk to rates is still more on the upside.

Perhaps worryingly for those business owners who rely on non-bank funding, we’re seeing some lenders move away from their rate guides and pricing in a greater level of perceived risk for business owners consolidating debt or carrying tax debt.

Many of the unsecured lenders compete for business using policy differences rather than trying to be the most attractive rate in the market.

While a few lending staff have communicated higher lending rates are an opportunity to take greater profit, it’s a trend that reflects tightening credit standards in some sectors and a cautious approach from lenders.

Unsecured lenders appetite is constantly changing as they manage the risk and exposure they carry to different industries.

As it gets harder to get credit, lender rates will rise as appetites narrow for those that need the greatest cash flow support.

Something to mindful of if you’re casting your mind forward and considering what the year will bring.

If the Reserve Bank of Australia cuts a tiny bit in February, that might mean nothing if you need finance but your best lending option prices in a 2% rate loading for business with tax debt.

If you think you need access to credit within the next 12 months, you’ll have more options at cheaper rates than if you wait until your situation becomes desperate.

Get a better loan.

10/01/2025

Case Study: $300k equipment finance line - approved with a no doc application (used to finance commercial fitout…check it out 👇)

Our client, a successful retail business, was opening a new store and was seeking funds to commence a commercial fitout immediately.

Not having time to wait for a big bank process, we recommended a non bank solution from a lender we regard as having some of the best process around equipment finance.

This lender’s equipment line of credit can be used to purchase any kind of business asset with a VIN or serial number but will also fund commercial fitouts through this facility with no limit on soft costs.

The application’s assessment reviewed the business’s bank account statement and a builder’s quote for the fitout - ie no financials or ATO portals were needed to get approved.

With the simplified application process approval was received in a day with funds available immediately.

To drawdown on the facility the business owner only had to upload their builder’s invoice as each stage was completed - these were all processed and funded inside of 24 hours keeping the trades happy and the job completed FAST!

Get a better loan 👊

09/01/2025

Case Study: $150k unsecured overdraft limit to support a fibre optic network specialist (Approved in 5 hours, funded in 48 hours…check it out 👇).

Our client, a specialist in data and fibre optic networks, reached out as the Christmas shutdown had combined with the demands of their ATO payment plan to cause a cash flow pinch.

With strong invoicing from enterprise clients, the business owner needed a working capital solution to support them through to when invoices were paid.

With speed being a priority, we turned to our preferred non-bank overdraft provider, who was comfortable with a level of outstanding tax debt, provided it’s manageable and regular payments are made to the ATO.

Knowing what the lender would need to achieve an approval, the application’s submission highlighted the client’s strengths, and an approval was gained the same day.

Documents were electronically signed the following morning, and funding followed immediately after.

Tax instalments and working capital sorted 👍

Get a better loan 👊

08/01/2025

Did you know you can get up to $500k of equipment finance with a no doc application from just 8.65%? (check it out 👇)

✅ Even for secondary assets.

✅ Assessment is via a read-only view of business bank account statements.

🔴 Red flags:

You’ll need a director credit score north of 550 📊

No direct debit dishonours in your business bank account 🚫💸

So if you’ve got:

📄 A driver’s licence

🧾 An invoice for your desired asset

⏱️ And about 3 minutes to talk to Dark Horse Financial
..you could have your asset finance approved and funded in as little as 24 hours! 🚛⚡

You can even fund commercial fitouts this way 🏢✨

Get a better loan 👊

07/01/2025

Case Study: Paying out $405k of tax debt with equipment finance raised against trucks & machinery (ATO cleared & defaults rescinded)



If you’re seeking a lower rate than an unsecured loan and have equity in vehicles, plant and machinery, you can raise capital against this equity and pay the loan back over a 5 year term.



Our clients operated a regional business more than an hour from a major town. They’d relied on the same accountant they had used for their tax returns after their first jobs as teenagers until now but now they were running a business turning over $2.6M.



Explaining their accountant had told them not to worry about tax during COVID, their BAS stopped being lodged and when they called trying to get everything up to date their advisor went missing.



The business owners found new accountants (more than 1000km away) who were able to bring their lodgements up to date but the ATO was not prepared to enter into a payment plan and lodged a DPN and default against the directors.



It was at this point the directors approached us seeking an urgent solution.



Late lodgements and poor adherence to tax commitments aside the business owners were running a solid business with loyal customers.



Despite their otherwise strong financial results and cash flow, the ATO default restricted the lending options available.



We approached a specialist equipment finance lender and proposed raising capital to clear the ATO entirely using the business’s equity in trucks, trailers and other assets as security.



With the valuation of equipment confirming there was plenty of asset value to use as security our chosen lender agreed to pay out the tax debt in full with a 5 year loan term.



If you have equity in business assets there are both no doc and full doc applications available that can suit business owners with both strong and poor credit scores.



Get a better loan 👊

06/01/2025

Stacking the 2 best unsecured lenders for $550k of no doc funding with a 5 year term (apply and funded in 5 days - check it out👇)

Important notes before we get started:

Stacking is the lending term used in the unsecured loan space that refers to using more than one lender.

If you are going to stack lenders you need to make sure you’re not breaching lender’s terms in doing so - ie some lenders do not hold all lenders in good standing and will place you in default if you obtain further cash flow lending they do not approve of, so you need to get this right.

The best non bank unsecured overdraft offers limits up to $300k to business owners with an application process that reviews business bank account statements and doesn’t look at financials.

It’s a ripper line of credit with less fees than the competition.

There’s no establishment fees, no line fees and no monthly fees. Their tech platform and service offering are excellent.

This genuine revolving line of credit can be paired with another unsecured lender who can provide up to $250k in an unsecured loan over a 5 year term.

Combined this can give your business $550k in credit to be used for any legitimate business purpose.

We’ve had overdrafts funded inside 24 hours and term loans with the second lender in 48 hours.

$550,000 in unsecured funding in less than a week 👍

Get a better loan 👊

Address

Martin Street
Brighton, VIC
3185

Telephone

+61439062771

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