Port Finance Group

Port Finance Group makes the LMG Top 100 Business List 2023!

"Before anything else, preparation is the key to success" - Alexander Graham Bell.

This is definitely the case when it comes to buying property - whether it's your very first home, your forever home...or somewhere in between.

Want to get preparations underway? Get in touch today.

📲 (03) 9006 4700
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If you've got a mortgage, there's every chance you've been closely tracking interest rates. After all, each change has the potential to seriously impact your back pocket.

And by knowing what's on offer in the market, you're in a better position to negotiate with your lender to secure a more competitive rate.

Of course, if you're a client of ours we can do this for you.

Reach out for help securing that better deal today.

📲 (03) 9006 4700
🖥️ https://bit.ly/3x1pd2N

If you've only recently purchased your home, you may not have built up much equity in your property.

This can sometimes make it harder to refinance to another lender.

Here's what to do:
1. Speak with us
2. Explore your options with other banks
3. Keep your credit file healthy – this means not applying for credit until the refinance has been approved

Get in touch to explore your options.

📲 (03) 9006 4700
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If you're thinking about investing in property, you may have come across the term 'cross-collateralisation'.

What it means is that you use more than one property as security for your mortgage, instead of the usual one property (i.e. the property that you're buying).

What this could look like, as an example, is if you owned your $1M home outright (congratulations!) and you wanted to buy a $500k investment property, but didn't have the 20% cash deposit, you could offer your $1M home as security.

This would mean you'd be borrowing $500k and that this loan would be secured against two properties worth $1.5M in total, meaning you wouldn't need to pay lenders mortgage insurance.

Like anything, there are pros and cons to this approach. Get in touch for help understanding the risks and how to optimise your lending products.

📲 (03) 9006 4700
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Housing is certainly not as affordable as it once was. And we absolutely get why a lot of people might feel it's unattainable for them.

But we're here to tell you that where there's a will, there's a way.

Don't let the headlines and endless negative commentary crush your dreams.

We'd love to talk with you about what's achievable. Get in touch today to start dreaming big again.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Wondering how long you'd be locked into your home loan? Well, assuming you make only the minimum repayments, you'll be paying back your loan for as long as the home loan term.

The home loan term is the length of time you and the lender agree your loan will be paid back by.

Home loan terms usually range from 20 to 40 years, with 30 years being fairly standard.

Choosing a longer term will result in lower monthly payments, but you'll pay more in interest over the life of the loan.

Want to know which term is right for you? Get in touch and we'll help you weigh the pros and cons.

📲 (03) 9006 4700
🖥️ https://bit.ly/3x1pd2N

Do you want to take the leap into homeownership but feel overwhelmed by the options, and perhaps a bit deflated by the media commentary and the very real cost of living pressures?

Understanding the basics can empower you to make informed decisions, which is something we love helping our first home buyers get on top of.

From fixed-rate to variable, offset to redraw, the key is finding what aligns with your financial situation and long-term goals.

Remember, a home loan isn't just about getting the lowest rate. It's also about finding a comfortable monthly repayment and understanding the total cost over the life of the loan.

Let’s explore your options together.

📲 (03) 9006 4700
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When we compare home loans, it's not just the interest rate we consider when calculating how much it will cost you.

There are a plethora of other fees that lenders will charge throughout the life of your loan – from applying, to using key features, to exiting the loan.

And of course the lowest price doesn't always equate to the best value, so we look at how you'll use the loan product, and what's going to support your overarching property strategy.

Get in touch to get started.

📲 (03) 9006 4700
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Home loans can be complicated, but with the right strategy, you can make the most out of your investment.

Whether you're looking to pay off your mortgage faster, refinance your home loan, or renovate your property, we're here to help.

Our team of brokers can guide you through the process and provide you with personalised guidance to help you achieve your financial goals.

From negotiating a better interest rate to consolidating your debts, we're here to help you optimise your home loan and achieve a brighter financial future.

Drop us a message to find out more.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Building wealth, taking charge of your money, and achieving financial freedom has nothing to do with acquiring more 'stuff' and everything to do with having the freedom to do what you want with your one precious life.

Is there anything more important than time?


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

There are about 13.3 million credit card accounts currently open in Australia.

Sounds like a lot, but it's actually down 20% since 2018.

We're thinking this has got a lot to do with people wanting to improve their borrowing capacity when applying for a home loan, along with the rise of Buy Now, Pay Later services which promise interest-free terms.

Interestingly, while there are fewer credit cards, they're now used for more transactions than ever.

Just remember, a credit card can be useful (especially if you're points hacking), but it's not something you want to pay interest on.

And here in Australia, having a credit card does not help you build your credit history. If anything, if not used responsibly, it can damage your credit file.

What do you think? Are credit cards a yay or nay for you?



📲 (03) 9006 4700
🖥️ https://portfinance.com.au

There's a lot of noise about the perks of refinancing your home loan. And yes, it could save you big time.

But a word of caution: make sure you consider all the costs of switching home loans, like exit fees, application fees, and any opportunity cost of doing without key features.

You also want to make sure that the product you end up with serves your best interests now and for the long term.

This is why when we refinance our clients' home loans, we make an assessment against all their needs, not just at what might seem 'the cheapest' on first glance.

Who's refinanced their loan recently? Who is thinking about it? Who is happy with their current home loan?


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Owning your very own patch of paradise is not a dream to give up on.

Buying your first home is a big step – and we're here to make it less daunting and more exciting.

Less 'pie in the sky' and more 'Yes, I can do it'.

From researching to application to approval, we're with you every step of the way.

What are you waiting for?



📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Looking for a more direct path to your dream home? We're here to guide you through the complexities of home loans – so you can focus on the property search.

Let's look at what sets us apart:
– Personalised approach: We know there's no one-size-fits-all, so we tailor our approach to what works for you.
– Expert guidance: This is what we do for a living, so you want to bet we're pretty good at analysing your situation and identifying what's going to be a good match for you.
– Long term support: With you now and for the life of your property journey, helping refine your strategy, define new goals, and bring your ambitions to life!

Ready to start your journey? Let’s talk about your home loan options.



📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Construction companies – 90% of which are small businesses – are experiencing a scourge of late and non-payments, with the average late payment time just over 10 days.

Accounting software firm estimates that 30% of small business spend 8 hours per week chasing up unpaid invoices.

Reach out if you'd like strategic help to manage cash flow. We can also give you pointers for how to mitigate late and non-paying business.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

If you're self-employed, it's true: you don't fit as neatly into bank policy as someone on a salary.

So if you want to apply for a loan, the bank is going to analyse your P&L, just as they will with your personal finances.

Don't worry - it's not as scary as it sounds. Especially if you've got an expert broker on your side, who understands small business and has insight into what the banks are looking for.

Get in touch to get started!⠀


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Saving for a deposit is the biggest hurdle for first home buyers. But buying your first home or investment property isn’t out of reach. Here are our tips for reaching your goal sooner.

1. Set a savings goal
2. Work out how much to save each month
3. Get rid of your debt
4. Look for ways to cut back on spending
5. Open a high interest savings account

The process of saving for a first home can seem overwhelming. We can help you by looking at your situation and goals and creating a savings plan to get you onto the property ladder.

Get in touch today!


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Recent research from St George Bank has revealed home buyers will spend about 44 hours researching properties and lenders and applying for a home loan!

Or you could get a finance professional to help, and you can focus on the house hunting. Send us a DM if you'd like help navigating your options.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

If you're seeking finance to sustain and grow your business, the interest rate is probably the first thing you think of when weighing up your options. Interest rates are important, no doubt.

But in the wise words of Warren Buffett: price is what you pay, value is what you get.

Focusing solely on getting 'the lowest interest rate' may sometimes mean you miss out on other useful features. Also worth bearing in mind that not every business will qualify for all loan products. It's about balancing all your needs, now and into the future.

Get in touch to find out how we'd help you choose the right finance product.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Setting goals for a big purchase like a home loan deposit can feel overwhelming, but not with the right hacks!

1. Explore high-interest savings accounts or term deposits to make your money work harder for you.

2. Don't overlook the power of side hustles – a little extra income can significantly accelerate your savings.

3. Celebrate small milestones – this is essential if you want to keep your motivation high.

You've got this!

Let us know if you need help crunching the numbers.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Wishing all our valued clients, team and industry partners a very Merry Christmas and Happy New Year.

Thank you so much for your support this year. We feel very fortunate to have so many fantastic people around us.

We are looking forward to helping you achieve your goals in 2024 – and beyond!

But until then, let’s all enjoy some quality time with our friends and family this festive season.

Stay safe and see you in the new year!


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

If you're considering selling your property, there are a fair few associated costs to be mindful of.

We've rounded up some of the costs involved in selling property:
- Listing with an agent
- Property styling and staging
- Sprucing up kitchens and bathrooms
- Landscaping to improve kerb appeal
- Potential mortgage early exit fees
- Conveyancing costs
- Capital gains tax (on investments)

Reach out if you need help covering the difference between the profit you make on the sale and the price of your next purchase.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Port Finance Group attended the 2023 LMG Growth Summit on the Gold Coast for a jam packed amazing two days of Discovery, Growth and Inspiration.

We focussed on best practice on brilliant broking with the industry's best...and then celebrated in style at the Studio 54 Broker's Ball at Star Casino.

Are you making the most of government grants and initiatives? You might be surprised at just how much financial help is available to small businesses.

Whether it's to invest in innovation, or to undertake a digital transformation, or perhaps it's as simple as getting up and running with a website.

We suggest heading to: business.gov.au/grants-and-programs and checking out the search tool.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

We've never seen anyone wish their way to a profitable business.

Every small business owner out there knows it is hard work! But hard work alone isn't enough.

We specialise in helping business owners find the right type of finance. Whether you want to expand your operations, grow your team, or invest in equipment, chances are you'll need a finance solution.

Send us a DM to get the conversation started.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

There's been talk in recent years about the fact Australia will soon face the largest intergenerational wealth transfer in history.

Seems a bit morbid, doesn't it? But that might be the problem - no one wants to talk about it.

Over half of us don't have a will, yet hope that our children will invest their inheritance wisely.

Time to get talking to our families about money!


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Your credit score gives you insight into how lenders might view your credit worthiness.

That is, are you someone who pays their bills on time?

How likely are you to pay them back?

Get in touch if you'd like help accessing your credit report.

Ready to buy your dream car? Or perhaps just a workhorse for your business?

Our expert brokers can help you make it happen. Here's what you need to know:
– Access competitive interest rates and flexible repayment terms
– Leave the hard work to us as we scour the market for a loan that suits your needs
– Get ready for a fuss free application process.

Get in touch with us today to learn more about our car loan options.


📲 (03) 9006 4700
🖥️ https://portfinance.com.au

Solo parenting is hard - emotionally, logistically, and financially. We know that having a place to call home provides enormous comfort and security to people, so they can focus on building their ideal lives.

The federal government has introduced the Family Home Guarantee to support single parents (with children) to buy a family home.

The initiative helps single parents purchase or build a home with just a 2% deposit.

Get in touch to understand how it works and whether you might be eligible.