Did you know Self Managed Superannuation Funds [SMSF] can now borrow?
A SMSF can borrow to invest in an asset. The borrowing is typically referred to as an Instalment Warrant, but for all intents and purposes it is similar to borrowing money to buy a property in your own name.
Margin lending uses your existing cash, shares or managed funds as security for the loan. It works in a similar way to a mortgage. You provide the assets to act as security and the lender loans you the money. A lending ratio known as the loan-to-valuation ratio (LVR) applies to each security and determines how much you can borrow.
Do you need finance for your business organised quickly and cost effectively? Pinnacle Tax & Accounting [“PTA”] can refer you to in-house finance experts who can offer / arrange on your behalf flexible business finance to meet your business needs.