MESSAGE FROM THE PARTNERS
Hallelujah! The Treasurer has finally announced reform to consumer credit!
We think this is fantastic news for Australians, amid a tough few months during 2020.
Consumer credit has evolved over the last 10 years into a regime that is overly prescriptive, complex, and incredibly arduous.
Speaking from our experience, these newly relaxed laws will quickly domino to the SME sector, particularly for business sales. This represents an enormous win for all sellers and buyers. There will no doubt be many more deals on the table once this component of the economic recovery plan is executed.
We believe these are the key points for sellers and buyers:
Buyers can access credit faster
There will be less red tape
They will rely on what the consumer presents, instead of one size fits all benchmark measurements
Higher credit levels can be offered by lending organisations
It is also anticipated this will stimulate a spike to the housing market, as consumers will be able to borrow up to 15% more
This is outstanding news for us all, and in our view reason to celebrate!
Click to read the Commonwealth Media release here.
HOW DO YOU TURN AROUND A DEAL TODAY?
What do you do if things are just not going well during the contract stages? You think the deal that you have been working on for weeks or even months has been going smoothly and you have even started fantasizing about how life feels after settlement, be it taking some time off from business or growing your new business as the new CEO/Director.
Yet out of nowhere the deal starts to feel a little shaky, and before you know it, there are multiple unresolved issues with the contract, lawyers are not making progress, arguments seem to be going sideways or backward, and all of a sudden it feels like the deal is on eggshells?
We would say take a deep breath and relax, though what you really need is a simple effective solution... Read more
VIEW ALL OUR CURRENT LISTINGS FOR SALE
BY CLICKING ON THE BUTTONS BELOW
Our mission is to transcend the standards of the business broker industry, and this means so much more than just selling businesses.
We would love for you to be part of our community.
From all of us at Vision Broker and Advisors, we really look forward to working with you.
Good luck, and make sure you have a look at our business for sale.