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so-much-for-subtlety · 3 months ago

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The thing that gets me so worked up about universal healthcare is how people say that it will be so expensive for the tax payer.

This is long rant warning so I added a break lol.

The TLDR is that even in a low tax state like Florida, someone making 50k a year will have an effective rate of of 32% (for taxes, healthcare, costs for an undergraduate degree).

Someone making 50k a year in a 'high tax' country like New Zealand has an effective rate of 21% (for taxes, healthcare, costs for an undergraduate degree).

For an American and a Kiwi with the same salary of $50k, if they have the same disposable income, the Kiwi will be able to save an extra $75,000 over 10 years that they can use for a downpayment on a home to further build wealth.

Low tax states just have the costs shuffled to other places, you end up paying a LOT more for the same services.

Here's a comparison of someone who makes $50,000 a year in New Zealand and Florida (I chose Florida as an extreme example because they have 0% state tax rate) and each person makes $15,000 worth of purchases that are taxable.

New Zealand

$7,658 in combined income taxes and levies

$2,250 in taxes on $15k of purchases (15% sales tax)

Total of $9,908 - an effective total rate of 19.8% paid to taxes and purchases and healthcare

Florida

$7,945 in combined taxes (federal taxes, social security, medicaid etc)

$1,050 in taxes on $15k of purchases (7% sales tax)

$1,700 average annual health insurance premium for Florida

$2,060 average annual health insurance deductible for Florida

Total of $12,755 - an effective total rate of 25.5% paid to taxes and purchases and healthcare

Even in a low tax state, you're already have less take-home income than someone with the same salary in New Zealand.

But

... in New Zealand with your taxes you're also getting public education. It's not completely free, but costs are fixed, and you get one year of your undergraduate free, so for example a Bachelor of Arts would cost a total of $13,548 (USD $8,347)

If you can't pay that upfront, you can get a 0% loan from the government, which you don't need to start paying off until you earn at least $23k per year. For someone making $50k that would be an extra 6.5% deducted from your income ($270/month) until the loan is paid off (which would be 2 years and 8 months).

In Florida the average student loan debt is 25k and if you're making the same payments as someone in NZ ($270/month) then you'll be paying that off for 11 years. [Note: I believe that some private loan interest rates go as high as 15%].

Bachelor of Arts in NZ $13,548, paid off over ~2.7 years.

Bachelor of Arts in Florida $35,539, paid off over ~11 years.

So lets look at effective payments over 11 years (for simplicity salary stays at 50k).

New Zealand works out to be 21% effective rate over 11 years (including taxes, healthcare, and undergraduate degree).

Florida works out to be 32% effective rate over 11 years (including taxes, healthcare, and an undergraduate degree) - you're paying 52% more!

That means someone with the same income will effectively be able to save an additional $5,000 per year over 11 years, if they invest that extra amount and get a 5% return, the New Zealander will have savings of about $75k which they can use for downpayment for a home etc.

In conclusion, even though it may seem like you're getting a good deal in a low tax state like Florida, you end up paying soooo much more in healthcare and education costs compared to a country where taxes are a little higher, but you get public healthcare and education.

Why is the U.S. so expensive? Well once place to look is defense, intelligence, and police. In the United States this costs on average $3,700 per person. New Zealand spends $1,600 per person (USD ~1,000).

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godesssiri · 1 month ago

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I wanted to give some advice to people who are near enough to help areas affected by the recent hurricanes and haven't been affected themselves. I live in New Zealand and last year my home town was devastated by Cyclone Gabrielle, I live 4 hours away and was organizing to get things in to people who needed them.

Look on Facebook. Groups will be organizing and sharing information about what donations are needed and where to bring them to. A determined middle-aged woman will be helping hundreds of people out of her garage or whatever empty space she's been able to sweet-talk or brow-beat some business man into loaning her.

Donate material goods that are actually needed right now. It's tempting to go 'I've got no money but I can clean out my wardrobe and give stuff'. Please don't. I saw several charities turning stuff away because SO MUCH had been dumped on them.

Right now things that you can actually give from your own homes if you have them to give or if you can appeal to your community:

Big and tall men's clothing, they'll get loads of women's and kids stuff but there will be a shortage of larger men's clothes so if you are a larger man or know one you can hit up, they'll be grateful.

Sturdy footwear, particularly rubber boots - they've got a lot of mud to slog through and they need to protect their feet.

Protective clothing, work gloves, hard hats, high vis gear.

Camping lights, head-lights, solar-lights. If they're without power these are all much safer than candles.

Monitor local Facebook groups and see if they're appealing for anything in particular.

In a few months to a year or so they're going to need everything else so if you want to help but all you've got to give is your old fridge or a pile of blankets then just hold off until people are asking for those things. Once they have a safe place to live they'll need help filling it. Keep following any Facebook groups that form and be prepared to help later.

If you can buy things to take in or get local businesses to donate or however you go about providing new things, stuff that's gonna be really helpful right now:

Prepacked food that's easy to heat up on a barbeque or camp stove. Pouches, meals in a can, just add boiling water, anything you'd take camping. Ingredients aren't really helpful right now for people who are using all their energy to survive and don't have extra to make a meal.

Milk powder. You can make up just as much as you need and don't need to worry about refrigerating it.

Bottled water.

Baby formula.

Diapers

Toilet-paper

Baby wipes. The wastewater systems will be a mess so they're probably being advised to avoid showering even if they have running water. Baby wipes are a good way to keep reasonably clean.

Clorox wipes or similar products. Just as they're having trouble keeping themselves clean it's also a challenge to keep their environment clean.

Heavy duty garbage bags. There's a lot of spoiled food, soaked/rotting paper/fabric/building materials, that need to be contained until they can be gotten rid of. Landfill is likely affected so the best they'll be able to do is seal it up in heavy duty plastic until there's somewhere they can dump it.

Camp stove gas canisters

Batteries

Pet food

Tortillas. They keep longer than leavened bread, there's a million things you can do with them, and they're way more compact for transport. (When we had the car full to the roof with stuff we were taking in to our family, I was so proud when I realized we could transport 300 tortillas in the spaces under the driver's and passenger's seats.)

Over the counter meds - there'll be lots of people doing work that's making them very sore. Also basic first aid stuff, it'd be a bitch if you survived the hurricane uninjured only to end up with an infection that you got from a splinter while cleaning up.

If you're delivering things yourself then avoid staying in the area for too long unless you're actually taking part in the clean up. Take everything that you'll need while you're there. When you leave offer to take trash out with you.

People who've been through a disaster like this will need help long term so if you can't help right now don't feel bad, keep an eye on the situation and eventually something will come up that you can help with.

#hurricane milton #hurricane helene #carolina hurricanes

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hobbitpenguin · 2 months ago

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If you could have anything in the world right now, no catch, what would you want?

I think first I would want all of my student loans to go away haha. But if we’re talking about something less practical it would be to own a home with some land with Alex in New Zealand.

#thanks for the ask!

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hall-of-fame-guy · 6 months ago

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Andre the Giant, the eighth wonder of the world and the first WWE Hall of Famer, with the Hall of Fame being created almost 2 month after his death and he was the first and only inductee in 1993.

Andre started his wrestling career in 1966 and went to wrestle around UK, Germany, Australia, New Zealand and Africa. He went to wrestle in Japan at 1970 and wrestle in Canada in 1971 before becoming a special attraction, wrestling for AWA.

Andre debuted for the WWE ( then WWWF) in 1973 and was loan out by Vince McMahon Sr to tour the territories. He signed exclusive to WWF in 1984 when Vince McMahon Jr begin his national expansion.

Andre most famous bout in the WWE came on 1987 at Wrestlemania 3 where he faced "The Immortal" Hulk Hogan for the WWF championship where he was remembered being body slam by Hulk Hogan in front of the 93000 crowd. A year later in 1988, Andre beats Hulk Hogan to win his first and only WWF championship and ending Hogan 4 year run as Champion on the Main Event. He "sold" the WWF title to Ted Dibiase and became the shortest WWF champion alongside Rey Mysterio. He won his first and only WWF tag team title in 1989 with Haku as the tag team, The Colossal Connection.

Due to his deteriorating health, he left the WWF in late 1991. Andre wrestle in All Japan Pro Wrestling and Universal Wrestling Association during his time away after WrestleMania 6.

Upon leaving the WWF, he made appearance for Universal Wrestling Federation ( UWF) and for WCW in 1992.

He passed away on 28 Jan 1993 in Paris when he returned home for his father funeral.

20 Years after his passing, WWE made a bronze statue of him and honored his legacy by dedicating a Battle Royal in his honor for the 30th WrestleMania called the Andre The Giant Memorial Battle Royal.

Accolades:

WWE Championship

WWE World Tag Team Championship

NWA Florida Tag Team Championship ( shown on top left)

Winner of the 1982 and 1985 Version of the G1 climax

#wwe hall of fame #wrestling history

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clove-pinks · 2 years ago

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Prince Alfred in his Royal Navy midshipman's uniform, c. 1860. He joined the navy at the age of 12 in 1856 (RCT).

After their initial training, Royal Navy cadets of the 1850s and 1860s transferred to the Fleet for at least four years before being able to sit for the exam for lieutenant. Although many would serve on large ships close to home (which were more likely to have a naval instructor aboard), imperialism and global ambitions of the metropole meant that midshipmen could see action:

The China and Far East station, even after the ending of the Second China War in 1860, was a major employer of manpower absorbing over 40 vessels and in excess of 6,000 men over the following decade. The Civil War diverted ships and men on the North American station and trade protection and anti slavery patrols kept at least 15 ships and about 2,000 men employed off the coast of West Africa. Most vessels here were relatively small, shallow draft gun boats under junior command and unlikely to carry cadets or midshipmen by scheme of complement, but they frequently employed them on loan from larger vessels. Thus in the late 1850s and 1860s many 15- and 16-year-old boys received a baptism of fire in small craft up rivers and inside reefs, with expeditionary brigades ashore in China, India, New Zealand or off the coast of Japan. Admiral Sir John Fisher, a future First Sea Lord, saw action as a youngster in 1859, witnessing the death of Midshipman Herbert and the wounding of Midshipman Powlett and Armytage in the failed attack on the Peilo [sic] forts. ... The small wars and policing duties of the era provided early active service for very young officers, many of whom demonstrated considerable devotion to the navy they had so recently joined.

— Harry W. Dickinson, Educating the Royal Navy: Eighteenth- and Nineteenth-Century Education for Officers

Attack and capture of the Forts at the Entrance of the River Pei-ho, China, on the 20th May 1858. By the Allied British and French Gun Boats and Boats of the Squadron in the Gulf of Pechili, print made 1858 (NMM collection).

#midshipman monday #age of sail #age of steam #naval history #royal navy #military history #midshipmen #imperialism #1850s #1860s #prince alfred #naval uniform #dressed to kill

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lorien1208 · 22 hours ago

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Education loan for studying in New Zealand

New Zealand is one of the most popular destinations for international students seeking high-quality education in a diverse and welcoming environment. With world-class universities, beautiful landscapes, and a strong focus on research and innovation, it’s no wonder that more students are choosing to study here. However, one of the major hurdles students face when planning to study abroad is financing their education. This is where education loans come into play. In this article, we explore the options, process, and tips for securing an education loan to study in New Zealand.

Why Study in New Zealand?

New Zealand boasts a unique combination of high academic standards, a multicultural society, and an excellent student lifestyle. The country’s universities consistently rank among the best in the world, offering a variety of undergraduate and postgraduate programs across multiple fields, including business, engineering, healthcare, and the arts.

Besides the academic quality, the country is renowned for its natural beauty, making it an ideal place for students to not only pursue education but also explore new cultures and outdoor activities.

However, the cost of studying abroad, including tuition fees, living expenses, and travel costs, can be quite high. Therefore, most international students opt for education loans to finance their studies in New Zealand.

Types of Education Loans

There are primarily two types of education loans available for students planning to study abroad:

Domestic Education Loans (Home Country Loan)

Most students take an education loan from a bank or financial institution in their home country to study abroad. These loans are typically offered with specific interest rates and repayment terms. Some banks have tie-ups with New Zealand universities, making it easier for students to avail loans at competitive rates.

Eligibility criteria: The borrower must be a citizen or permanent resident of the home country. The loan is often secured against collateral (like property or savings), and some banks may also require a co-signer or guarantor.

New Zealand Education Loans

Some students opt for education loans directly from financial institutions in New Zealand, although this can be more complex, as most loans require a local credit history. These loans can cover tuition fees and living costs, but securing such a loan as an international student may require meeting certain criteria like a local guarantor or income source.

Key Features of Education Loans

When taking an education loan for studying in New Zealand, here are some key features to consider:

Loan Amount: Education loans can cover a wide range of expenses, including tuition fees, accommodation, living costs, and travel expenses. In some cases, banks offer loans for up to 100% of the required amount.

Repayment Terms: Repayment usually begins after the completion of studies, typically with a moratorium period ranging from 6 months to 1 year. Repayments are spread over a period of 5 to 15 years, depending on the loan amount and terms.

Interest Rates: Interest rates vary depending on the lending institution, the loan amount, and the country of origin. It is important to compare the rates offered by different banks and lenders to ensure that you are getting a competitive deal.

Collateral: Education loans are usually unsecured or secured. If unsecured, they may come with a higher interest rate, while secured loans (backed by property or assets) usually offer lower rates. Some banks may offer loans without collateral for smaller amounts.

Tax Benefits: In some countries, education loans come with tax deductions on interest paid, making them a financially viable option.

Steps to Apply for an Education Loan

Research Loan Options: Start by researching the available education loan options in your home country. Compare interest rates, repayment terms, loan limits, and processing fees from different banks and financial institutions.

Determine the Loan Amount: Calculate the total cost of your education, including tuition fees, living expenses, and travel costs. Ensure that you take into account any scholarships or financial aid you may have received to determine the exact amount needed.

Check Eligibility: Different financial institutions have varying eligibility criteria. Generally, applicants should have a good academic record, and some may require a co-signer or a guarantor, especially if the loan amount is large.

Prepare Documentation: Banks typically require documents such as:

Proof of admission to a New Zealand university

Proof of academic qualifications

Passport and visa

Financial documents (like income proof, bank statements, etc.)

Collateral documents (if applicable)

Submit the Application: Complete the loan application form and submit all necessary documents to the bank or financial institution.

Loan Processing: Once the application is submitted, the bank will review your eligibility and assess your financial capacity. This process may take a few weeks, so it’s important to apply well in advance of your intended start date.

Approval and Disbursement: After approval, the loan amount will be disbursed directly to the university or to your bank account, depending on the terms set by the bank.

Tips for Getting Approved for an Education Loan

Maintain a Good Credit History: A solid credit history can increase your chances of securing a loan at a favorable rate. Make sure to maintain a good credit score in your home country.

Secure a Co-Signer: If your credit history is not strong enough, a co-signer (typically a parent or guardian) with a stable income can improve your chances of loan approval.

Provide Accurate Information: Ensure that all the documents you provided are accurate and complete. Discrepancies can delay the loan approval process or lead to rejection.

Research Scholarships: In addition to loans, explore scholarship opportunities offered by New Zealand universities, the New Zealand government, and other organizations to reduce the amount you need to borrow.

Conclusion

Studying in New Zealand offers an incredible opportunity for students to grow academically and personally. Education loans play a crucial role in making this dream a reality by providing the necessary financial support. By understanding the loan options available, comparing different financial institutions, and preparing well for the application process, students can secure the funding they need to study in one of the world’s most prestigious and scenic countries.

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bestmortgagesnz · 1 year ago

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Know About Bridging Finance Tauranga

What is Bridging Finance and How Does it Work in New Zealand?

A Bridging Finance is a type of a loan, which can be used for buying a new home or property, before you’ve sold out your current residence. This type of loan is useful for purchasing a second property, without actually selling your first. In New Zealand, you can take bridging finance for a period of up to 1 year or 12 months. In that corresponding period, you can pay off your current mortgage, along with the interest on the new house. Here, a company like “Best Mortgages” can be of great help, as it provides such bridging loans to all home buyers in cities like Tauranga, Auckland and Hamilton.

There are two main types of bridging finance. Closed bridging finance and open bridging finance. The first type of loan applies to borrowers who have already sold their existing property, and have agreed on a fixed settlement date. The maximum time limit for a closed bridging finance is 12 months, as the bank or lender would like to know the exact date and the amount your present house would be sold for. Whereas, in case of an open bridging finance, it applies to individuals who haven’t sold their existing house, and bought a new property.

How Can a NZ Mortgage Company Help Get Bridging Finance in Tauranga?

With the help of their knowledgeable and qualified mortgage professionals, you can now inch closer to buying your dream home or villa, without selling your current house. Technically speaking, you’ve to manage two loans at one time, wherein the bridging finance Tauranga loan can be designed to be used as interest-only, thus minimizing your outgoings. Here, an expert mortgage broker or a loan company NZ can help understand the key technicalities.

When you compare open bridging loans to closed bridging loans, the former is way riskier, as the bank or lending institution does not know, as to when your present house would be sold, and how much your existing property is going to fetch in the market. Therefore, the monthly interest rates can be higher than the closed finance option. So, it is always advised to consult with a reputable mortgage firm that can guide you through the process of bridging loans in New Zealand, and which are the best home finance options for your individual needs.

#bridgingfinance #mortgage #home loan #commercial loans #new zealand

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constructionloansnz · 6 days ago

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Development Finance in NZ: What You Need to Know to Fund Your Project

As we all know, building and property development requires careful planning and substantial funding. Whether in New Zealand or any other country, people desire the same. Therefore, as a resolution, sticking to “Development Finance” might help, especially if you are from England. Moreover, opting for “Development Finance” helps by offering the financial support needed to turn plans into reality. Whether you’re new to building, a seasoned developer, or expanding your real estate portfolio. Furthermore, you need to understand your finance options for a smooth project. Therefore, here is a guide that covers the basics to help you secure development finance in NZ, with tips to simplify your financing journey.

Understanding Development Finance in New Zealand

If you are new, then you must know that “Development Finance in New Zealand” is a specialized funding option. Whether you are looking for construction, renovations, or property development. Moreover, unlike traditional home loans, they cover stages from land purchase to development costs and property sales. You may find it available to individuals, companies, and partnerships. It even supports investment in residential, commercial, and mixed-use projects. That’s how you can understand the concept of “Development finance in New Zealand” in short.

Why Development Finance is Essential

Rather than one, there are hundreds of reasons that make acquiring the “Development Finance” essential and valuable. Let’s figure out with the help of below points:

So, basically, without development finance, many projects couldn’t start.

Secondly, development costs include more than just land; they cover planning, materials, labor, and unexpected expenses.

Lastly, development finance helps fund these needs, preserving developers' capital and ensuring steady cash flow throughout the project.

Types of Development Finance Available in NZ

New Zealand offers various development finance options to applicants. The best part is that each development finance option has unique features. Here’s an overview of the most common types:

Land and Construction Loans

Land and construction are ideal if you are looking forward to buying land and building from scratch.

Funds are provided in these types of loans for land acquisition and released in stages as construction progresses.

Further, it is best suited for new builds and large-scale developments.

Bridging Loans

Besides, it helps secure long-term finance for achieving bigger goals. It even provides short-term funding for buying a new property.

These loans are often used to bridge the gap between buying and selling properties.

Also, it typically has higher interest rates than standard loans.

Mezzanine Finance

It acts as a secondary loan, filling the gap between equity and the primary loan.

You may consider it useful for large, complex developments requiring extra capital.

Secured against the property, ideal when primary financing is insufficient.

Joint Venture Finance

Sometimes, property developers partner with lenders who provide funding in exchange for shared project ownership.

Besides, it is best suited when a developer has a solid project plan but limited capital.

The lender may gain a share of profits or property ownership upon completion.

Steps to Securing Development Finance in NZ

Here’s a simple step-by-step guide to help you learn about how to secure development finance in NZ. Moreover, it’s essential to understand the application process and criteria. So, without waiting any further, let’s dig in:

Create a Detailed Project Plan

Outline the project scope, timeline, costs, and expected returns.

Include risks and contingency plans to show lenders you’re prepared.

Prepare Financial Projections

Detail costs for land, construction, and additional expenses.

Project cash flow and demonstrate how you’ll repay the loan.

Review Your Credit and Financial Status

Strong credit and financial health improve approval chances.

Ensure a solid financial track record to reduce lender risk.

Compare Lenders and Loan Options

Research lenders with property development experience.

Choose terms that match your project’s needs for better rates and flexibility.

Submit a Complete Application

Include all supporting documents like feasibility studies, contracts, and permits.

A thorough application boosts approval chances and speeds up the process.

Key Considerations When Choosing a Development Finance Lender

Remember, it is essential to choose the right lender, as it is a key to your project’s success. Now, let’s consider these factors that can help you in choosing wisely:

Interest Rates and Fees

First, we need to look beyond low rates and check for additional fees (application, drawdown, valuation) that affect total cost.

Loan Flexibility

Some lenders offer flexible repayment schedules or term extensions. This loan flexibility can be helpful if delays or budget changes occur.

Drawdown Structure

Ensure funds are released in stages that match your project’s cash flow and construction phases to avoid delays.

Experience in Development Finance

Choose a lender experienced in property development; they understand your needs and can process applications faster.

Benefits of Using Development Finance for Your Project

If you don’t know, repayment securing development finance provides several benefits. Learning about these benefits can help ensure your project’s success; let’s get started:

Better Cash Flow: The very first benefit development finance provides is related to covering project costs. That helps in freeing up your capital for other investments.

Flexible Repayment: Also it offers flexible repayment adjustments. Thus, you can make payments that adjust or fit into your project timeline.

Access to Larger Projects: Development finance enables you to take on bigger projects and grow your portfolio.

Reduced Financial Risk: Using a loan instead of personal funds minimizes your financial risk.

Common Challenges and How to Overcome Them

Unfortunately, along with numerous benefits, there are some common challenges in development finance. Let’s see what challenges they are:

Strict Lender Requirements: Extensive documentation is often needed. Prepare a thorough project plan and financial projections to speed up approval.

Handling Project Delays: Unexpected delays can occur; include contingencies in your budget and timeline to stay on track.

Complex Loan Terms: Loan agreements can be complicated. Consult a financial advisor to ensure you understand the terms fully.

How Construction Loans Can Help with Your Development Finance Needs

No wonder, as a newcomer, navigating development finance can be challenging for you. But at Construction Loans, you can enjoy the simple process with tailored solutions for all project types. Whether you're a first-time builder or a seasoned developer, our team secures competitive finance options across New Zealand, ensuring your project is fully funded. Visit our website to see how we can support your next development.

#Development Finance in New Zealand #development finance nz #Property development finance

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irwinfin · 19 days ago

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ANZ Car and Equipment Finance For Small Businesses

From dental equipment for a private practice to dump trucks and earthmoving machinery for construction, having the right assets is vital for business success. However, specialised equipment is expensive and can put a dent in cash reserves.

ANZ’s flexible finance solutions can help with this. They provide a full funding solution to acquire asset purchases, with repayments structured around periods of higher cash flow to help manage cyclical cashflow.

ANZ’s Rapid Replacement process

ANZ’s Rapid Replacement process lets clients borrow to purchase equipment and vehicles for their business. This is a great option for businesses that need to upgrade or replace their equipment but don’t have the cash on hand. This product offers a competitive interest rate and allows businesses to pay off their loan with a flexible payment schedule.

This process is available for secured and unsecured loans. It also includes a streamlined application process that simplifies the approval process. This saves businesses time and effort, while reducing stress. ANZ also offers an online calculator that helps to calculate loan repayments.

ANZ’s simplified application process makes it easier for small business owners to apply for a business loan. It allows businesses to provide a minimum of 12 months of business bank statements and self-declare their financial position. ANZ can then assess the client’s ability to repay the loan and approve it quickly. This is in contrast to other lenders who require detailed personal information and BAS statements.

ANZ’s Business Banking Specialists

ANZ Business Banking Specialists proactively build and grow relationships with small businesses and provide solutions to meet their needs. They offer a range of products and services, including ANZ E*Trade, online banking, international transactions, credit cards, and loans. These specialists also collaborate with colleagues to help clients.

Whether you need a new car or equipment for your company, there are many benefits of investing in asset finance. With low interest rates and a flexible repayment structure, you can afford to pay for your asset over a term that suits your budget. You can also use this form of financing to buy a boat or caravan for your personal use.

ANZ is an award-winning bank in Australia and New Zealand. Its branch network and call centres are extensive. It is a leading provider of financial and banking services for consumers, small businesses, corporates, and governments. It has earned Canstar’s Bank of the Year | Small Business award for five consecutive years.

ANZ’s Online Application

ANZ’s online application is easy to use. It lets you manage your finances at any time, including setting up direct debits, making payments to suppliers and employees, and importing transaction files from most accounting software packages. You can also access detailed domestic, foreign currency and credit card account information. It also features payee templates and bulk payment options, as well as built in audit history.

ANZ has been around for more than half a century, and it is one of Australia’s most established financial services companies. Its core values include showing care for everyone, exploring innovative work styles, using data to improve, and actively welcoming feedback.

ANZ offers personal and business banking solutions, as well as insurance products. The company also provides corporate finance and investment management, and operates a network of over 400 branches across Australia and New Zealand. ANZ also has a presence in Asia through investments in Malaysia’s AMMB Holdings, China’s Shanghai Rural Commercial Bank and Vietnam’s Saigon Securities Incorporation.

ANZ’s Mobile App

ANZ offers a wide range of personal banking and financial services including bank accounts, home loans, credit cards, wealth management services, insurance, and more. In addition to ANZ’s traditional banking products, it also offers mobile applications for its customers.

The ANZ App includes a number of useful features, such as the ability to make payments using PayID and to schedule future or recurring payments. It can also be used to view account statements and personalised insights. Customers can also use the ANZ App to track their spending with ‘Money Tiles’ and to save money with multiple savings goals.

The ANZ App is designed to be accessible for people with disabilities. For example, it can be downloaded to an iPad and customised to include larger text and voice-activated ‘OK to pay’ functionality. The ANZ App is available for download from the Apple App Store and Google Play. It is free to download but terms and conditions apply.

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aptechvisaglobalimmigration · 28 days ago

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Am I Eligible to Apply for an Australia PR Visa from India?

Australia PR visa from India

Am I Eligible to Apply for an Australia PR Visa from India?

Australia PR from India

Stay Permanently

Cost From AUD 4,770

Processing times Approximately 9 - 11 Months

"Achieve Your Australian PR Dream from India Today!"

Australia PR from India

If you are planning to take the next step in your career or want to start the next chapter in your life, make your move to Australia. Apply for Australian PR from India and Live, work Settle in Australia. Australia welcomes 1,90,000 immigrants from more than 100 countries each year. Imagine yourself among them. Whatever you’re interested in, Australia has something for you. Australia believes life is for living. Explore the new life that you and your family could enjoy in Australia.

Benefits of Australia PR

As an Australia PR holder or permanent resident of Australia, you are entitled to receive the following benefits.

1. Study, work & live in Australia for an indefinite time.

2. Enrol in Australia’s national health & Medicare facilities.

3. Sponsor your loved one for Australian PR

4. Be a citizen of Australia

5. Get bank loans to buy property without collateral.

6. Travel to & from Australia without any restriction.

7. Work & Live in New Zealand

8. Free children's education up to 12th Standards

9. Social security benefits, allowances, pensions, etc. are available.

Why Migrate to Australia from India There are several reasons to apply for Australia PR from India. Please find some of them below. 1. Build your career in a progressive country There are always opportunities for you to develop your skills and your career in Australia. A career in Australia is full of possibilities. 2. Live your dreams and Enjoy your lifestyle: Amazing weather, affordable living costs, a quick commute, world-class health & education system make Australia a country of dreams. Australia warmly invites you to migrate to Australia, 3. Welcoming and multicultural: Australia welcomes people from across the world, not only welcoming but also celebrating with them. Live in a progressive, vibrant, and beautiful country. 4.Resilient economy, high employment: Australia is one of the world’s best places to live and work.

Australia PR Free Assessment form

Mr. Shashank Says

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Watch Mr Shashank's experience in Australia

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Australia PR pathways

Skilled Independent Subclass 189

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Australia work visa subclass 491

Australia PR eligibility

To be eligible for permanent residency in Australia, you must meet certain requirements before applying for the Australia PR process. Here are some of the most common eligibility requirements for Australia PR: 1) Points-based system: Australia has a points-based system for immigration, where points are awarded for factors such as age, education, work experience, language proficiency, and other criteria. To be eligible for Australian permanent residency, you must score at least 65/130 points on the points test to meet Australian PR eligibility. you can calculate your Australian PR points by using the Australian PR points calculator. 2) Occupation in Demand: The skilled occupation list in Australia is a list of skilled occupations that are in demand in the Australian labor market. The list is used by the Department of Home Affairs (DHA). The skilled occupation list Australia is updated periodically to reflect changes in the Australian labour market, and it is important for individuals who are interested in migrating to Australia must ensure that they are meeting Australian PR eligibility criteria in terms of the skilled occupation list Australia. Here is the current list of eligible skilled occupations for the Australia PR from India.

a) Medium and Long-term Strategic Skills List (MLTSSL), b) Short-term Skilled Occupation List (STSOL) c) Regional Occupation List (ROL)

3) English language proficiency:

You must demonstrate a high level of proficiency in the English language. This can be done by passing an English language test such as the International English Language Testing System (IELTS). where you need to prove that you have proficient English language proficiency for the same you need to score 7 bands in each of the IELTS General or academic training or PTE 65 in each will be required.

4) Skills assessment: You must have your skills assessed by a relevant assessing authority to show that you have the necessary skills and qualifications to work in your nominated occupation in Australia. 5) Health and character requirements: This is another important eligibility requirement for Australia PR; you must meet the health and character requirements set by the Australian government. This may include a medical examination and a police check. 6) Visa subclass: There are three visa subclasses for permanent residency in Australia Skilled Independent visa (subclass 189), Skilled Nominated visa (subclass 190. Skilled Work Regional (Provisional) visa (subclass 491) Australia. The specific requirements for each subclass can vary, so it's important to check the eligibility criteria for the specific visa you are interested in. These are some of the general requirements for Australia PR, but the specific eligibility criteria can vary based on your circumstances and the visa subclass you are applying for. It's recommended to check the latest information from our Australian immigration consultant or Department of Home Affairs or consult our Australian Immigration consultant at 750-383-2132/ 928 928 9007or you can also write us at [email protected]

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Australian PR processing time

The processing time for an Australia PR (Permanent Residency) application depends on several factors, including the type of visa applied for and the volume of applications being processed by the Department of Home Affairs at the time. Quality of application submitted by applicant.

Some common PR visas, such as the Skilled Independent (Subclass 189) visa, can have processing times that range from a few months to several years, while others, such as the Partner (Subclass 309) visa, may be processed in a matter of months. Visa Sub class Australia PR processing FeeSkilled Independent visa subclass 189 9 – 11 MonthsState nominated visa subclass 19010- 12 MonthsRegional sponsor visa cub class 4918- 11 Months

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Australia PR cost

The cost of applying for permanent residency (PR) in Australia from India varies depending on the visa category you apply for and the services you use. The cost of Australia PR can range from a few thousand to tens of thousands of Australian dollars, and it can also include expenses such as visa application fees, skills assessments, language tests, and legal fees.

As of year 2024, the Australia PR visa application cost/ fee for a subclass 189/ 190/ 491 visa, which is a popular route to PR in Australia, isApplicantsAustralia PR cost in AUD.Australian PR cost in Indian Rs. (If 1 AUD = Rs. 54 )Primary Applicant$ 4770Rs. 2,57,580Spouse applicant$ 2385Rs. 1,28,790per child $ 1190Rs. 64,260

It's important to note that the cost of obtaining PR in Australiacan also be affected by exchange rates, as the visa application fee must be paid in Australian dollars.

It's a good idea to check the latest information on the Australian PR costand requirements for your specific visa category with our Australian PR cost expert.

It is also recommended to consult with a registered Australia Immigration consultant at 750-383-2132 / 928 928 9007 for more specific information and guidance on the Australian PR cost and process of obtaining PR in Australia from India.

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Australia PR process

The process of obtaining permanent residency (PR) in Australia typically involves the following steps: 1) Determine eligibility: Before applying for the Australia PR process, you must make sure that you are meeting the eligibility criteria for an Australian PR. Some of the factors considered include age, English language proficiency, occupation, work experience, education, and health. If you are not sure about your Australia PR eligibility, please call our Australian immigration consultants at 750 383 2132.

2) Choose the right visa: Select an appropriate visa subclass that suits your circumstances, such as the Skilled Independent visa (Subclass 189), Skilled Nominated visa (Subclass 190), or Skilled Work Regional (Provisional) visa (subclass 491).

3) Prepare documentation: Gather the required documentation, including educational qualifications, work experience certificates, language test results, and police clearance certificates.

4) Apply for Skill assessment: In the Australian PR process, Skill Assessment is the first step where the relevant Skill assessing Authority assesses an individual's qualifications, skills, and work experience to determine their suitability for a particular occupation or profession. The purpose of the skill assessment is to ensure that an individual has the necessary skills and knowledge to perform their job effectively and safely.

5) Lodge your Express of Interest (EOI) application: EOI stands for Expression of Interest, and it is an online application that allows Foreign skilled workers who are interested in migrating to Australia to express their interest in applying for a skilled visa. Here, the applicant profile will be ranked against their age, qualification, Experience, and Language proficiency.

6) Received Invitation to Apply: After submitting an Expression of Interest (EOI) for a permanent residency visa in Australia, the next step would be to assess your application and determine if you meet the eligibility criteria for the visa subclass you have applied for. If your EOI is selected from the pool, you will receive an invitation to apply (ITA) for a permanent residency visa. You will then have a specified time to submit a complete visa application, along with all required supporting documentation. You must also pay a visa application fee and provide health & character information.

7) Wait for processing: Once your application is lodged, the processing time may vary depending on the visa subclass and your individual circumstances. You can track the status of your application online.

8) Receive a decision: Once your application has been processed, you will receive a decision from the Department of Home Affairs Australia. If your application is successful, you will receive your PR visa. Please Note That the Australian PR process can be complex and time-consuming, and the requirements and processing times can change periodically. It is advisable to seek assistance from our Australian immigration consultants at750-383-2132.

Australia PR Free Assessment form

Australia PR Points calculator

To apply for the Australia Permanent Resident visa under General Skilled Migration (visa sub-classes 189, 190 and 491), you need to score at least 65/130 points. The Australia PR Points are allocated based on your Age, English Language proficiency, Qualification, work experience, and other factors.

The Australia PR points are designed to attract highly skilled migrants to Australia based on their ability to meet the country's economic and social needs.

Here is a breakdown of the Australia PR points allocation: Factors Points Age 30 Qualification 20 Overseas Experience 15 Australian Work Experience 20English language skills 20Specialist education qualification 10Australian study requirement 05Professional Year in Australia 05Credentialled community language 05Study in regional Australia 05Partner skills 10

Do you want to calculate your points for Australia PR, you can use the Australia PR points calculator. Still, if you have any queries regarding Australian PR points, you should always check the Australian immigration consultants at 750 383 2132.

Australia pr points calculator

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Australia invitationround

The term "invitation round" typically refers to the regular invitation rounds conducted by the Department of Home Affairs Australia (DHA) under its various visa subclasss such as 1) The Subclass 189 (Skilled Independent), 2) Subclass 190 (Skilled Nominated), and 3) Subclass 491 (Skilled Work Regional) visas. Australia's invitation rounds take place monthly. During these invitation rounds, the DHA selects the highest-scoring candidates from the Expression of Interest (EOI) pool to apply for skilled migration visas. The selection is based on factors such as age, English proficiency, work experience, and education. Applicants who receive an invitation can then submit an Australian PR visa application. Please note the point threshold for Australia PR visa invitations can vary based on the demand for specific skills and the number of available places in the migration program. To stay informed about invitation rounds and the points required for an invitation, applicants can visit our Australia PR invitation Draw page.

Australia current Invitation Round

Skilled Occupation List Australia

The Skilled Occupation List for Australia is a list of occupations that are in high demand in Australia. Australia has 3 occupation lists.

1) Medium and Long-term Strategic Skills List (MLTSS):

The MLTSSL list comprises 212 occupations that are eligible to apply for Sub-classes 189, 190 and 491. 2) Short-term Skilled Occupation List (STSOL):

STSOL Occupations included 215 occupations that are eligible to apply for Subclasses 190 and 491.

3) Regional Occupation List (ROL): ROl list includes 77 occupationsthat are eligible to apply for Subclass 491. However, the following occupations are highly in Demand in Australia and listed in all the above 3 lists.

IT professional (such as software engineer or developer)

Engineer

Construction professional

Accountant

Architect

Medical practitioner (such as general practitioner or specialist)

Nurse (such as a registered nurse or midwife)

Teacher (such as primary or secondary school teacher)

Please note the Skilled Occupation List Australia is subject to change, and the Department of Home Affairs Australia may add or remove occupations from the list based on changes in labour market needs. It is recommended to consult with a registered migration agent to determine the most up-to-date Skilled Occupation List and visa requirements.

Australia Skilled occupation list

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Australia PR from India:FAQs

Explore our comprehensive Immigration FAQ section, designed to provide you with clear

Q. What is a permanent resident in Australia?

Q. How can I get Australian PR from India?

Q. How much are fees for Australia PR in Indian rupees?

Q. What are Australian PR requirements?

Q. Australia pr cost from India.

Q. Can I get PR with 75 points in Australia?

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communicationblogs · 1 month ago

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Fiber Cement Siding market -( 2024 -2030)

Fiber Cement Siding market

Fiber Cement Siding market size is forecasted to reach $2.81 billion by 2030, after growing at a CAGR of 5.6% during the forecast period from 2024–2030. Increasing construction spending especially in new building construction and growing urbanization are the prime factors supporting the demand of fiber cement siding market. Single-family housing begins to move rapidly and fiber cement siding is the most common fiber cement product which continues to gain market share. Fiber cement siding takes on the look of wood or masonry but has concrete toughness because it contains a mixture of water, wood pulp, fly ash or silica sand, and Portland cement consisting of calcareous, clay, and iron.

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Each fiber cement siding part joins together to create a product that is durable, but flexible. Fiber cement siding continues to gain popularity due to its versatility in architectural design. Manufacturers are introducing new textures, patterns, and colors to mimic traditional materials like wood, stone, and stucco. This allows homeowners and architects to achieve various aesthetic styles while benefiting from the durability and low maintenance of fiber cement. Additionally, advancements in manufacturing techniques enable the creation of larger panel sizes, reducing installation time and costs. As a result, fiber cement siding has become a preferred choice for both residential and commercial projects seeking to combine visual appeal with long-lasting performance. With a focus on longevity and resilience, fiber cement siding trends include innovations aimed at improving durability and weather resistance. Manufacturers are developing proprietary formulations and coating technologies to enhance the material’s resistance to moisture, rot, insects, and UV radiation. These advancements extend the lifespan of fiber cement siding, reducing the need for frequent maintenance and repairs. Additionally, improved installation methods, such as concealed fastening systems and interlocking panels, contribute to better weatherproofing and protection against wind-driven rain and extreme weather events. As climate change increases the frequency and intensity of weather-related challenges, homeowners and builders are increasingly turning to fiber cement siding as a reliable solution for exterior cladding that withstands the elements while maintaining its appearance over time.

COVID-19 Impact

The onset of the COVID-19 pandemic throughout 2020 and the initial months of 2021 severely impacted the worldwide construction industry, with government-enforced bans and restrictions significantly constraining the growth of the fiber cement siding market. Among the hardest-hit areas was residential real estate, where stringent lockdown measures in major urban centers led to the halt of home registrations and sluggish home loan approvals. Nevertheless, as restrictions have eased from 2022 onwards, the sector has shown a robust recovery. Rising house sales, the initiation of new projects, and a growing demand for both office and commercial spaces have spearheaded the market’s resurgence over the past couple of years.

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Report Coverage

The report: “Fiber Cement Siding Market — Forecast (2024–2030)”, by IndustryARC, covers an in-depth analysis of the following segments of the Fiber Cement Siding Industry.

By Type: Shingle Fiber Cement Siding, Sheet Form Fiber Cement Siding, Lap Siding Fiber Cement Siding, Stucco or Brick Fiber Cement Siding, Others

By End-User: Residential (Single Family Construction, Multi-Family Construction), Commercial (Hospitals, Schools, Hotels, Retail, Banks, Airports, Others), Industrial

By Geography: North America (USA, Canada, and Mexico), Europe (UK, Germany, France, Italy, Netherlands, Spain, Russia, Belgium, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, Australia, and New Zealand, Indonesia, Taiwan, Malaysia, and Rest of APAC), South America (Brazil, Argentina, Colombia, Chile, and Rest of South America), and Rest of the World (Middle East, and Africa).

Key Takeaways

Europe region dominates the fiber cement market owing to increasing advancements in construction industry, new building construction, and adoption of green building norms. Various governments are setting target for green building construction especially in US and Europe, will further enhance the overall demand of the market. Replacement of wood siding with fiber cement siding due to its aesthetic appearance, high durability, low maintenance, and affordability nature, is likely to aid in the market growth of fiber cement siding. Increasing adoption of sustainable and environment friendly products, implementation of green building norms will increase the market demand for fiber cement siding in the near future.

Type — Segment Analysis

Shingle fiber cement siding segment is expected to be the largest type in the fiber cement siding market in 2023 due to its properties such as aesthetic appearance, easy installation, and availability in a variety of shapes and sizes.

End-User — Segment Analysis

Residential segment has been the primary market for fiber cement siding for many years and is expected to grow with a CAGR of 5.9% over the forecast period of 2024–2030. Due to increase in the construction spending especially new residential home construction, adoption green building initiatives in many developed countries, advancements in residential construction industry, and replacement of conventional materials with fiber cement siding, the consumption of fiber cement siding has always been considerably high in residential end user in comparison to other end user. Growing public and private investments in new residential construction will boost the market for fiber cement siding in residential end user in the coming years.

Geography — Segment Analysis

Europe dominated the fiber cement siding market with a share of more than 37%, followed by North America and APAC. Stringent building regulation regarding the green building, adoption of advanced and innovative materials in construction activities, and growth in construction sector; are the prime factors contributing in the demand growth in Europe region. Western Europe construction output was valued at $2.093 trillion in 2023 which has grown with 1.4% of CAGR. The UK, Germany, France, Italy, Spain, and the Netherlands accounted for more than 75% of the regional share in the construction sector in the EU.

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Drivers — Fiber Cement Siding Market

Growing residential and commercial construction activities

Growth in construction sector along with advancement is the primary factor boosting the demand of fiber cement siding market. APAC region offers a huge growth potential for construction sector due to presence of major developing nations, rising disposable income of middle class, and standard of living. Construction market in APAC region is growing with exponential growth rate which will further support the demand of fiber cement siding market. According to IndustryARC expert insights, APAC construction market is estimated to grow with more than 6% of CAGR in 2024–2030 due to huge investment by private and public players, growing population, rising disposable income, and standard of living.

Implementation of Stringent Green Building Norms

Governments globally are focusing on implementation of green building initiatives in accordance with standards; and fiber cement siding help in the reduction of heat transfer and also give aesthetic appearance. Because of its high durability and low maintenance costs compared to wood and other siding, fiber cement is gaining rapid popularity in both the commercial and residential sectors. Fiber cement helps to make buildings energy efficient because electricity consumption can be reduced by insulation.

Challenges — Fiber Cement Siding Market

Availability of substitutes including vinyl and wood siding

The shift towards alternative products such as vinyl and wood siding in the developed and developing nations would hamper the growth of the fiber cement siding market over the forecast timeframe. Fiber cement siding required skilled manpower to install and high installation cost as compare to wood and vinyl siding may further hamper the growth of the market.

Market Landscape

Technology launches, acquisitions and R&D activities are key strategies adopted by players in the fiber cement siding market. Major players in the Fiber Cement Siding Market are

Strathklyde LLC (WB Construction Services Inc.) Allura USA James Hardie Industries Ltd. GAF Material Corporation Swisspearl Group (Cembrit) Equitone Maxitile Hekim Yapi Nichiha USA Inc. Evonik Industries AG

Acquisitions/Technology Launches

On 1 January 2022, the Swisspearl Group acquired Cembrit, a Danish fiber cement manufacturer. The acquisition made Swisspearl the second-largest fiber cement producer in Europe. In March 2022, James Hardie Industries made significant progress in its expansion plans for fiber cement production by acquiring land in Melbourne, Victoria. This strategic move aims to establish a new fiber cement manufacturing facility in the state of Victoria, Australia, to meet the growing demand for premium building solutions in the Asia Pacific region.

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fundmaster · 1 month ago

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Break Costs on Home Loans in New Zealand: What You Need to Know!

Thinking of refinancing or repaying your fixed-rate mortgage early? 💰 Be aware of "break costs" – fees charged by lenders if you end your fixed-term loan before it expires.

These costs cover potential losses for the lender due to changes in interest rates. 🔄

Break costs can be significant, especially if rates have dropped since you locked in your rate. It's crucial to weigh the savings from refinancing against these fees. 🏡💸

Considering refinancing?

Talk to your lender about potential break costs to avoid surprises.

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companyknowledgenews · 2 months ago

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Business loans gone bad put family homes on the line - Information Today Web https://www.merchant-business.com/business-loans-gone-bad-put-family-homes-on-the-line/?feed_id=201918&_unique_id=66e8a93dcd1be #GLOBAL - BLOGGER BLOGGER Photo: RNZBusiness owners who put up their own assets as security for lending are being put into personal receivership in increasing numbers.Keaton Pronk, an insolvency practitioner with McDonald Vague, said there had been a “large jump” in personal receivership appointments, which started in June last year and has sped up considerably this year.There were 30 last year, two-thirds of which were after June. In August there had already been 31.He said most had been driven by a small number of business lenders promoting themselves on “quick and easy access to funds often at higher interest rates, with even higher penalty rates, than those available through traditional lending means”.As with a company, when an individual enters receivership, a creditor-appointed or court-appointed receiver takes over the person’s assets and tries to repay debts by managing the assets or selling them.Information published in the New Zealand Gazette shows receiverships being instigated by organisations such as Revive Finance, Fundtap, Prime Finance, and Ignite Solutions.“A lot of it comes through from second- and third-tier lenders, you see a lot of the online lending that you can do – a couple of clicks and you get the loan straight into your bank account kind of thing,” Pronk said.“As part of that paperwork, people are providing security in their own name not just their business name, It’s the very easy ‘click click click and the money’s there’ but they don’t fully understand the repercussions of perhaps what they’re doing and they’re not getting advice on reading the fine print.”He said people could end up paying high interest rates quickly, especially if they were charged penalties. “It can be 20 percent-plus.”He said the numbers were likely to continue to increase while the economy was soft. “It’s tough out there for businesses.”Damien Grant, of Waterstone Insolvency, agreed more lenders were taking personal general security agreements (GSAs) from borrowers.“That’s been a change in the market for the last two years. We’ve probably done more personal receiverships in the last three years than the decade leading up to it. It’s a change business practice.”He said it often took too long to enforce a personal guarantee agreement through the courts, so a personal GSA was a way to give lenders access to assets like property or shares if a company defaulted on a loan.It could take up to a year to resolve a personal receivership if it involved a family home he said.Grant said for every personal receivership recorded, there would be four or five that did not go that far because the person was able to restructure their lending or take out a second mortgage.Financial Services Federation executive director Lyn McMorran, which represents many lenders, said the number of insolvencies for businesses was increasing and it was likely that some of them had the family home linked as security.“Our members tend not to take personal security to the extent that the banks do. They are more likely to take security over the asset being purchased or they offer asset leasing alternatives so I’m not hearing anything about having to realise on personal security for business lending from our members.”Independent economist Shamubeel Eaqub said it was a symptom of the downturn, which had hit businesses harder than individuals this time. “Businesses are going under.”He said it made sense for lenders to want to hold some security against their loans. “Especially smaller businesses, it’s very hard to prove you’ve got the finances and track record to be able to borrow on the basis of that. Many businesses don’t have physical inventory that you can take security over. So what do you do? Either you borrow against your house and put the money into the business or you give a personal guarantee.”

http://109.70.148.72/~merchant29/6network/wp-content/uploads/2024/09/business-loan-faqs.jpg Photo: RNZ Business owners who put up their own assets as security for lending are being put into personal receivership in increasing numbers. Keaton Pronk, an insolvency practitioner with McDonald Vague, said there had been a “large jump” in personal receivership appointments, which started in June last year and has sped up considerably this year. … Read More

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