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Australian Business Finance Specialists - Business Money
Our Business Financial Experts. Business-Money offers business financing for the Aussie SME sector. Every company is different. To find the right financing solutions, we look at the overall company image to gain an understanding of its business and its financing goals. Evaluated Business Money: Is the company able to pay for itself? Loan (i.e. uncollateralised corporate credit, no collateral against managers' individual assets).
Could there be an option to overdraw by financing the company? Is there any way to improve your company's loan and money supply performance? Australia's SMEs earn an independant business finance expert who concentrates exclusively on the business. With Business Money we offer: Business-Money is completely independant from any bank and has over 50 creditors in Australia, among them all the big Australian bank.
Identify key financials you may come across when you deal with bookkeepers and finance companies, or when you run your business. Trade payables - a list of all current (less than 12 months) unsettled trade and other payables. For example, trade payables comprise goods or service invoiced, utility invoiced and income taxes paid.
Trade receivables - a recording of all short-term receivables (less than 12 months) from clients to whom you have sold but not yet paid. A customer is a customer that is usually billed by a company. Debtor financing - see factors. Amortization - the netting out over a specified life of intangible and tangible fixed asset items such as intangible and financial fixed assets. 4.
Wealth - are things you own. This can be money or something you can change into money, such as real estate, cars, gear and fixtures. Defaults - money that is unlikely to be repaid in the near term. Accounting - a glimpse of a company at a certain point in time.
All your asset values and debt are listed and the net asset value is calculated. Ballon payments - a definitive flat-rate amount due on a credit contract. Credits with a large amount of definitive "balloon payment" have lower periodic repayment rates over the life of the credit. Bankruptcy - a person is insolvent if they cannot repay their debt and are unable to come to an arrangement with their lenders.
Insolvency - a lawsuit in which a person is declared insolvent and an nominee administers their wealth and finances. Benchmarks - a range of terms against which you can benchmark a specific item or company. Unbenchmarking - the comparison of your company with similar companies in your sector. Contract of Acquisition - a juridical instrument for the acquisition of real estate or other asset, which describes the acquisition in detail, where and to what extent it took place.
Accounting - the proces of capturing the monetary transaction of a company. Boatstrapping - where a company grows solely through finance and revenues from the company. Conclusion - see net earnings. Breake-even point - the precise point at which a company's earnings correspond to its outgoings. Assets in the shape of money or ownership of a company.
Principal costs - a one-off material consideration for the acquisition of tangible assets such as property, plants, equipment, buildings or plots of real estate. Gains on investments - is the amount realised when an investment is sold in excess of its initial consideration. Subscribed share premium - an amount that represents the difference between the market value of an investment and its market value. Currency - comprises all funds available on call, with banknotes and coin, postage, certain checks and money in saving or debiting account.
This is an accountancy system that captures transaction data at the point at which you actually get a money transfer. Cashier's ledger - a day-to-day log of all bar, loan or check transaction receipts or payments made by a company. This is the measurement of the real level of a company's net working capital.
Money received - money that flows into the company. Money that flows out of the company. Charts of accounts - an index of the financial statements that an entity will use to categorize operations. Every bank holding a bank or other financial institution constitutes a kind of business such as assets, liabilities, shareholders' funds, revenues and expenses.
Furniture mortgages - comparable to a hire-purchase contract, although the company has owned the assets from the outset. Bills of exchange - (also called bills of exchange) is a type of purely interest-oriented or interest-reducing type of borrowing. Collateral - a collateral condition when a client buys a good or services under an arrangement that is to be paid for at a later date.
Vendor - a natural or legal entity that enables you to buy a good or services with an arrangement that you can afford at a later date. Anyone to whom you are indebted money, such as a borrower or vendor, is also a vendor. Default amount - a USD amount that you cannot exceed on a debit or credit card, based on the amount of money you can borrow.
Creditworthiness - a classification given to a specific entity or entity on the basis of its creditworthiness, which constitutes its capacity to pay a liability. Please check out ASIC's MoneySmart website to find out more about creditworthiness. Borrowing Story - a record that describes a person's or company's past borrowing agreements. Lenders can obtain a record of loans when evaluating a request for loans.
To learn more about loan reporting, please go to ASIC's MoneySmart website. Crown Funding - is a way to finance your business ideas through money donated by the general population. Working capital - an assets in the form of money or something that you can turn into money within 12 month. Charge - In double-entry accounting, a charge is a posting on the right side of a journaling or reporting page that represents an asset or outlay.
Debts - any amount you owed, up to and beyond invoices, credit repayment and personal taxes. Third-party financing - money provided by an outside creditor, such as a local savings institution or house savings institution. Borrower - a debtor or a company that is indebted to you. Debtor financing - see factors. Fault - a default to repay a credit or other bond.
Amortization - the netting out of an assets over a specified useful lives. It is possible to write off an asset in order to distribute the costs of the fixed assets over its useful lives. Payments - money that a company issues. Duplicate accounting - is an accounting technique that captures each operation on two separate bank account balances, both debited and credited.
Subscriptions - private expenditure payable from a business bank. Another term is an "employee stock option plan" or an "employee stock option plan". Charged - an charged financial instrument is an financial instrument that is currently pledged as either a security or surety for a credit. Shareholders' capital - the value of the participation in the company, determined by subtracting debts from capital.
Participation financing - is money made available to a company in return for part of the company. It can be money spent by business proprietors, boyfriends, family members or private individuals such as business angel and VCs. Facilities - an agreement, such as an open item of credit provided by a company to a company by a creditor ( e.g. a current or current credit account).
In the case of credit risk, a credit risk is the risk that a creditor will not be able to meet its payment obligations until the creditor has paid the full amount of the debt. One way to gain fast credit is through the use of factors such as credit, debit, and credit, but it can be quite costly in comparison to conventional funding. Finances - money used to pay for a business or a quality acquisition.
Annual accounts - a compilation of the company's finances for a given year. The annual accounts may contain a income account, a balance sheet and a capital expenditure account. Non-current assets - a tangible property used in the management of an enterprise. Prepayment interest if the interest rates of a credit remain the same for the duration of the credit or for an agree time.
Full drawdown - is a long-term credit with the possibility of fixing the interest over time. Usually these mortgages are backed and can help to finance a new business or a new piece of gear. Impairment of goodwill - an impairment of the carrying amount of an investment. This is the amount of money a company earns before deducting expenditure.
Net income - (also called net sales) the amount of the excess between net income and the net operating expenses. Guarantee - a debtor who commits to paying a debt if the debtor is unable to repay it. Hire sale - a kind of agreement under which you buy goods by making an advance payment.
For more information on ASIC products and services, please refer to the ASIC MoneySmart website. Insolvency - a business is bankrupt if it cannot settle its debt when it is due. Immaterial asset - non-physical asset without definite value, such as for example goodwills and IPR. Interest-the costs of taking out money for a credit or for an interest-bearing bank deposit.
Discount Period - a period used to determine the amount of money you will borrow or the amount you will be earning. Interest varies from case to case and the higher the credit exposure, the higher the interest will be. Stock - a listing of goods or material that a company offers for purchase.
Capital expenditure - the acquisition of an object for the purposes of acquiring money such as stocks or real estate. To learn more about your investments, please go to ASIC's MoneySmart website. Accounting funding - is funding derived from the power of a company's claims. However, the company retains the bills or claims.
Loan line - an arrangement that allows a debtor to draw money from an existing bank balance to an authorized amount. Liquidation - to quickly dispose of all the corporate asset values and transform them into currency. A nominated liquidator will do this by discontinuing business, disposing of property and compensating debtors and stockholders.
Transparency - how quickly you can turn your investments into money. Credit - a financing contract whereby a company lends money and repays it in installments (plus interest) within a specified amount of being. Credit to Value Ratio (LVR) - Your credit amount is displayed as a percent of the fair value of the real estate or estate you are buying.
This relationship will help a creditor find out whether he can get the credit back if the credit falls behind. Spread - the discrepancy between the sale value of a good or services and the profits. Margins are typically reported as a percent of the net income gross margins, which is the share of profits for each U.S. dollar of revenue.
If the value of a real estate or investment drops below a certain limit, the call is a marginal call. Also see Loan to Value ratio (LVR). The share of the amount that is gain is not taken into consideration. The net value - also known as net value, shareholders' capital or shareholders' capital - is the sum of net value less the sum of debts.
Clean profits - all the money a company earns after taxes and other allowances. The net gain - (also known as your bottom line) is the entire net gain less all operating costs. NAV - see net asset. Current credit - a financing agreement whereby a creditor allows a company to draw more than the amount of an individual bankroll.
Overhead - the total amount of a company's overhead associated with its operation, such as rental, merchandising, ancillary and administration expenses. Shareholders' funds - see net asset value. Personally owned properties - any properties that a person may own, except plots of land, premises and facilities. Register for the Protection of Individual Ownership (PPSR) - the PPSR supersedes a number of register for interests.
This provides a unique nationwide bulletin board for safety interests in private belongings. Small change - small change for various items such as postal charges. Technical facilities and machines - a group of items of tangible non-current asset used to operate an enterprise, such as furnishings, machines, equipment, cars, computer systems and tooling.
Capital - the amount of the initial borrowing or the balance of the initial borrowing outstanding (excluding the interest component). Net profits - the aggregate earnings of an enterprise less aggregate expenditure. P&L account - (also known as P&L account) is an annual report with a breakdown of revenues and expenditures.
You use it to determine the company's net and total profits. Profits margins - see margins. Companies carry out research and develop in order to promote innovation, develop new goods and find better ways. Records - the information retention or records processes that explain specific business processes.
Refinancing - when a new credit will help disburse an old one. Refinancing grounds are: extension of the principal term over an extended term, reduction of charges or interest rate, bank bill or change from a permanent facility to a floating facility. Rent-to-buy - a financing agreement where you buy something through a first down payment and then "lease" it while you are paying it out.
Repossession - the procedure of a financial institution or other creditor that takes possession of real estate/assets to repay a defaulting credit. Reservation of proprietary rights - a provision in a contract under which a purchaser may obtain proprietary rights, but only after payment of the full purchase amount, to the extent that such proprietary rights are transferred to the purchaser. ROI - a computation that calculates how efficiently a company is able to generate profits from the initial shareholders' capital.
It is a way of looking at the benefits (yield) of the money you are investing in the company. In order to compute the ROI, multiply the net income of the capital expenditure by the costs of the capital expenditure. Net income is $500. Revenues - (also known as sales) the amount that has been generated before charges, taxes and other deductions. 2.
Individual accounts - an accountancy methodology within a financial system that captures one page of each transactions. Fraud - a fraudulent and intentional attempt to obtain money or information illegally. Read our section on business fraud. Guarantee - (also known as collateral) is an asset or asset that a creditor can take possession of if a mortgage is not repaid.
Shareholders' funds - see net asset value. ASIC's MoneySmart also provides useful information about SMSFs. Inventory - the amount of goods or material that a company currently has available. Inventory - a periodic activity that involves a physically counting the goods and inventory actually owned by a company in order to check inventory logs and balances.
Pension - money earmarked for pension and to be paid into an appropriate pension scheme. The MoneySmart website of ASIC provides useful information about companies that pay the superior of their employees. Floating interest rates - when the interest rates of a credit change with changes in interest rates during the term of the credit.
Riskapital - an initial outlay on a start-up company with outstanding potential for future expansion. Operating assets - the funds available to a company for its current outlays.