Bizi Loans

𝗖𝗮𝗿 𝗟𝗼𝗮𝗻𝘀 𝗼𝗻 𝗮 𝗟𝗼𝘄 𝗜𝗻𝗰𝗼𝗺𝗲

Having a low or limited income should not be a barrier to you securing a car loan. Unfortunately, though, without the right knowledge of how finance works, many people get knocked back and this impacts their credit score every time it happens.

Now, you may think you're not in this camp, however, given the average income for a full-time worker in Australia, you'd be surprised who is deemed a low-income borrower.

Regardless of what you earning, using a broker to secure your car loan is always recommended. We can help you prepare are great application, that highlights your ability to meet your obligations, and we will only put you in front of lenders we think are likely to say yes.

So if you're looking for Car Finance, give us a call and we'll help make sure you get what you need where ever possible! - 1300 249 400

New 4.0-star Review: "Tim and Mel from Bizi Loans were great to deal with. Response and process was very streamlined and the rates provided were on par to the competition."

Bizi Loans works closely with a number of local businesses to help them secure finance. With increases in demand and issues with supply, vehicles have been something that requires a decent amount of pre-planning.

If you're hoping to claim one in this financial year, you may be hard-pressed to find one available and ready for use by June 30th. That doesn't mean you shouldn't look but it does mean you can take your time to really assess the value of the purchase to your business.

Make sure you speak to your Accountant about the impact a purchase will have on your cash flow. Even if you're not buying outright, finance is still a cost that needs to be considered, especially if you haven't budgeted for it and things are a bit tight.

Bizi Loans has relationships with lenders and dealers that can really help smooth out this process so when you're ready to buy, reach out to one of our finance experts for support! - 1300 249 400

New 5.0-star Review: "Ben was always communicating with me and backed up his great knowledge with a product that suited me and solved a short term problem. Awesome work mate, a pleasure working with you!"

New 5.0-star Review: "Could not recommend anyone else! Mel worked so hard and helped me start off my new business adventure. The team at Bizi loans are amazing"

Just like insurance can be tricky, car loans for rideshare drivers can be problematic too, as only a few lenders will actually approve them.

We live in a gig economy and side hustles abound, however, the minimum vehicle requirements (which differ from platform to platform) mean you may need to buy a newer vehicle, so you'll want to make sure the car you get is approved by the platform.

If you're getting a car loan for the purposes of earning an income, you should definitely speak with your accountant before doing anything. They can help you determine the financial viability of being a rideshare driver by helping you map out how much it will cost you vs what you're going to earn.

New 5.0-star Review: "Amazing, Quick and Efficient service from Ben to get finance for our new Toy Hauler! After getting the "run around" from another finance company that dragged our application out for "weeks on end" and suddenly "ghosted" us, we contacted Ben and he got the ball rolling with a seamless end to end transaction. It was a stress free event with Ben who's communication through the process was 2nd to none. Thanks so much Ben, we can now make some wonderful family memories in our new van :-)"

New 5.0-star Review: "Stock trading has positively impacted my life, and I'm forever grateful to Mr. Ralph Carico He is a trusted trader with whom you can work. I recommend reaching out to him via Ralph Carico"

Are you a bit of a stargazer? Then you NEED to check out Astrotourism WA!

Once you get outside the bright lights of the city, you really do gain an appreciation for the beauty of the night sky. With less light pollution (yes that's an actual thing) suddenly the sky is an absolute blanket of twinkling stars!

Astrotourism WA has maps, events, tips, and articles to help you make the most of your nighttime adventures!

𝘗.𝘚. 𝘐𝘧 𝘺𝘰𝘶'𝘳𝘦 𝘢𝘯 𝘢𝘷𝘪𝘥 𝘱𝘩𝘰𝘵𝘰𝘨𝘳𝘢𝘱𝘩𝘦𝘳 𝘢𝘯𝘥 𝘭𝘰𝘰𝘬𝘪𝘯𝘨 𝘵𝘰 𝘶𝘱 𝘺𝘰𝘶𝘳 𝘢𝘴𝘵𝘳𝘰𝘱𝘩𝘰𝘵𝘰 𝘨𝘢𝘮𝘦, 𝘺𝘰𝘶 𝘤𝘢𝘯 𝘦𝘷𝘦𝘯 𝘧𝘪𝘯𝘥 𝘪𝘯𝘧𝘰 𝘰𝘯 𝘱𝘩𝘰𝘵𝘰𝘨𝘳𝘢𝘱𝘩𝘺 𝘸𝘰𝘳𝘬𝘴𝘩𝘰𝘱𝘴 𝘵𝘰𝘰!

New 5.0-star Review: "My Hubby and I decided on a whim to look at finance for a caravan, Mel at BIZI loans was the most helpful and understanding broker we have ever dealt with. She kept us in the loop the whole way through the process, and made sure we knew what was happening and we were up to with the application. Great Job Mel! your a star!"

So you've just scored yourself a SWEET caravan or camper and now you're planning all your adventures. Well, here are some handy tips from the folks over at Perth is OK, in partnership with RAC WA, for those of you new to the mobile holiday lifestyle! - bit.ly/PiOCaravanTips

🚗 𝗧𝗵𝗶𝗻𝗸𝗶𝗻𝗴 𝗼𝗳 𝗯𝘂𝘆𝗶𝗻𝗴 𝗮 𝘂𝘀𝗲𝗱 𝗰𝗮𝗿 𝗳𝗼𝗿 𝗯𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗼𝗿 𝗽𝗲𝗿𝘀𝗼𝗻𝗮𝗹 𝘂𝘀𝗲? It’s often more affordable than a new one, but it’s important to ask the right questions to avoid overpaying or ending up with a lemon. Here are some crucial questions to ask:

𝗗𝗼 𝘆𝗼𝘂 𝗵𝗮𝘃𝗲 𝘀𝗲𝗿𝘃𝗶𝗰𝗲 𝗵𝗶𝘀𝘁𝗼𝗿𝘆 𝗮𝗻𝗱 𝗿𝗲𝗰𝗲𝗶𝗽𝘁𝘀 𝗳𝗼𝗿 𝘁𝗵𝗲 𝘄𝗼𝗿𝗸 𝗱𝗼𝗻𝗲? 📝
This documentation is key when buying second-hand cars, as it proves the legality and safety of the vehicle.

𝗛𝗼𝘄 𝗺𝗮𝗻𝘆 𝗸𝗶𝗹𝗼𝗺𝗲𝘁𝗿𝗲𝘀 𝗵𝗮𝘀 𝗶𝘁 𝗱𝗼𝗻𝗲? 📍
It might look okay from the outside, but if it’s been around Australia six or seven times, it’s unlikely to make another lap!

𝗪𝗼𝘂𝗹𝗱 𝘆𝗼𝘂 𝗼𝗯𝗷𝗲𝗰𝘁 𝘁𝗼 𝗮𝗻 𝗶𝗻𝘀𝗽𝗲𝗰𝘁𝗶𝗼𝗻? 🔍
If the seller says “Yes,” be cautious—this could be a sign the car is illegal or unroadworthy.

𝗜𝘀 𝘁𝗵𝗲 𝗽𝗿𝗶𝗰𝗲 𝗻𝗲𝗴𝗼𝘁𝗶𝗮𝗯𝗹𝗲? 💬
Dealers often mark-up used car prices, so there’s usually room to negotiate. Aim for a price that reflects the market value and feels fair.

At Bizi Loans, we can help you finance your next car purchase. Contact us today to find out more!

Ok, so, this is probably a "One Powerball" type of car for most people but it's always nice to see how the other half lives, right?

2025 Bentley Continental GT Speed review - https://bit.ly/4dZkAuy

𝗗𝗶𝗱 𝘆𝗼𝘂 𝗸𝗻𝗼𝘄 𝘆𝗼𝘂 𝗰𝗮𝗻 𝗿𝗲𝗳𝗶𝗻𝗮𝗻𝗰𝗲 𝘆𝗼𝘂𝗿 𝗰𝗮𝗿 𝗹𝗼𝗮𝗻?

You might be in a better financial position now compared to when you first got your car loan. If you had a poor credit score or no score at all back then, or if you’ve built up some savings, you could qualify for better loan terms and rates today. Even making a few repayments can improve your credit score.

Refinancing involves replacing your current loan terms with new ones. You can renegotiate with your existing lender, or, with the help of a fantastic broker (we know a few you can chat with 😉), you can apply for a new loan with a different lender.

However, remember that refinancing isn’t for everyone. If you’re comfortable with your car loan repayments or your financial situation hasn’t changed, it might not be worth the hassle.

But hey, if you can lower your interest rate, even by just 0.5% or 0.25%, you could save a significant amount of money over the term of the loan!

With years of experience supporting small to medium business owners and their unique needs, our team take the time to get to know you and your business.

Our approach is more personal because we understand that your business is more than just a way to make money, it's your legacy.

Reach out today for more information on how we can help you take your business to the next level! - 1300 249 400

Chery's latest SUV is here. With ample space, great tech, and a smooth driving experience, this three-row beauty was slated as the "one to watch" by many car enthusiasts.

But does the 2024 Chery Tiggo 8 Pro Max live up to the hype? CarExpert.com.au weighs in! - www.carexpert.com.au/car-reviews/2024-chery-tiggo-8-pro-max-review

While we don't do Home Loans at the moment, a lot of our clients still ask us for advice and this is one that comes up A LOT!

When buying a property, refinancing, or renegotiating with your lender, you can choose between fixed-rate loans, which maintain the same interest rate over time, or variable-rate loans, which change with market fluctuations.

📌 Key Points about Fixed-Rate Loans:

𝗖𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝗰𝘆: Your interest rate stays the same for a predetermined period, usually 1 to 5 years, with 3 to 5 years being the most popular.

𝗥𝗲𝘀𝘁𝗿𝗶𝗰𝘁𝗶𝗼𝗻𝘀: There may be limits on maximum payments and significant fees for early repayment or switching to a variable rate.

𝗣𝗿𝗲-𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹: You can apply for a fixed-rate loan before finding a property, giving you peace of mind and a clear budget.

𝗥𝗮𝘁𝗲 𝗟𝗼𝗰𝗸: At the time of application, you can pay a fee to lock in your rate for 60 to 90 days, protecting you from rate increases until settlement.

Fixed-rate loans offer stability and help you budget precisely, shielding you from market rate fluctuations, however they may not always provide the best value if rates drop significantly. Always speak to your Mortgage Broker prior to making any of these decisions to ensure you have the full picture.

As the weather cools, many of us head south for a winter getaway. Well make sure you check out this awesome list of "To-Dos" from RAC WA because you might find some things on it you've actually not done down in Margs before! - bit.ly/Margs11

Bizi Loans understands that financial difficulties can be overwhelming. With a deep understanding of the lending market and a compassionate approach to each client's unique situation, we are ideally equipped to discuss hardship options and financing solutions with lenders on your behalf.

If you're seeking help with existing loans, require guidance on accessing hardship assistance, or want to explore other potential financing arrangements, we're here to support you in every step of the process. - 1300 24 94 00

Finding the perfect spot for your caravaning trip can be a mission!

WA has some of the world's BEST places to park up your rig and enjoy the beauty of nature but how do you choose?

Well thankfully Tourism WA have this AMAZING resource so you can see where you can go, what's on offer, and it even has links to book too! - https://bit.ly/3V0A7Ts

Western Australia

"This is our 2nd time using Ben and his team, very easy to deal with, fast, efficient, and very competitive. High recommend them. Thanks again" Willie Boobyer

Good luck boys!

We're taking on the forest of Nannup again in just five days!

Thanks to our sponsors Bizi Loans WA Custom Glass Jason Windows Japline Perth Brake Parts and Image Embroidery

𝗛𝗼𝘄 𝘁𝗼 𝗱𝗼 𝗮𝗻 𝗲𝘅𝗽𝗲𝗻𝘀𝗲 𝗮𝘂𝗱𝗶𝘁 (𝘁𝗵𝗲 𝗲𝗮𝘀𝘆 𝘄𝗮𝘆!)

An easy way to get a clear picture of where your money is going is to do an expense audit, and it doesn't have to be hard or painful. Follow these steps.

𝟭. Collect your bank statements. Even if you're paperless, jump online and print out the previous month's statements.

𝟮. Now go through them all and make a note of your expenses, putting them in the following categories: Bills - Living- Entertainment.

- 𝗕𝗶𝗹𝗹𝘀 includes utilities, rates, insurance, loans and any other important financial commitments that can't be eliminated.
- 𝗟𝗶𝘃𝗶𝗻𝗴 includes groceries, fuel, and non-essential but important expenses such as sports or fitness for you or the kids.
- 𝗘𝗻𝘁𝗲𝗿𝘁𝗮𝗶𝗻𝗺𝗲𝗻𝘁 is what's left. Take-out, movies, drinks on the weekend, streaming services, basically your luxuries you can live without (even if it might make you a little sad for a bit 😢).

3. The next step is to look at where you can save. For 𝗕𝗶𝗹𝗹𝘀 that means pricing up competitors and seeing if your current provider can do a better deal. For 𝗟𝗶𝘃𝗶𝗻𝗴, this will mean possibly planning your shopping more and using apps to get discounts. 𝗘𝗻𝘁𝗲𝗿𝘁𝗮𝗶𝗻𝗺𝗲𝗻𝘁 is where you will possibly save the most as many of these are not critical and can either be cut or reduced. Remember short-term pain for long-term gain!

If you're going to DIY your finance journey, we'd rather you did it armed with the right information. Using a Broker is so much easier and faster however some people like to remain in control of their finance journey. We get that, so here's some tips for those doing it solo!

𝗦𝘁𝗲𝗽 𝟭: 𝗔𝘀𝘀𝗲𝘀𝘀 𝗬𝗼𝘂𝗿 𝗙𝗶𝗻𝗮𝗻𝗰𝗶𝗮𝗹 𝗦𝗶𝘁𝘂𝗮𝘁𝗶𝗼𝗻
- Evaluate your needs: Determine the amount you need and what you need it for.
- Check your credit score: Knowing your credit score will help you gauge your eligibility and the possible interest rates you might face.

𝗦𝘁𝗲𝗽 𝟮: 𝗥𝗲𝘀𝗲𝗮𝗿𝗰𝗵 𝗣𝗼𝘁𝗲𝗻𝘁𝗶𝗮𝗹 𝗟𝗲𝗻𝗱𝗲𝗿𝘀
- Compare options: Look at various lenders like banks, credit unions, and online lenders to find the best terms and rates.
- Choose the right product: Decide if you need a secured loan, unsecured loan, personal loan, or a specific product like a car loan.

𝗦𝘁𝗲𝗽 𝟯: 𝗚𝗮𝘁𝗵𝗲𝗿 𝗡𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝘆 𝗗𝗼𝗰𝘂𝗺𝗲𝗻𝘁𝗮𝘁𝗶𝗼𝗻
- Personal identification: Typically, a driver's license or passport.
- Proof of income: Recent payslips, tax returns, or financial statements.
- Proof of residence: Utility bills or lease agreements might be required.

𝗦𝘁𝗲𝗽 𝟰: 𝗔𝗽𝗽𝗹𝘆 𝗳𝗼𝗿 𝘁𝗵𝗲 𝗟𝗼𝗮𝗻
- Fill out the application: Complete the loan application form, which can usually be done online, in person, or over the phone.
- Submit documentation: Provide all required documents to support your application.

𝗦𝘁𝗲𝗽 𝟱: 𝗨𝗻𝗱𝗲𝗿𝗴𝗼 𝗖𝗿𝗲𝗱𝗶𝘁 𝗮𝗻𝗱 𝗔𝗳𝗳𝗼𝗿𝗱𝗮𝗯𝗶𝗹𝗶𝘁𝘆 𝗔𝘀𝘀𝗲𝘀𝘀𝗺𝗲𝗻𝘁𝘀
- Credit check: The lender will check your credit report to assess your creditworthiness.
- Affordability assessment: They will also evaluate your income and expenses to ensure you can afford the loan repayments.

𝗦𝘁𝗲𝗽 𝟲: 𝗟𝗼𝗮𝗻 𝗔𝗽𝗽𝗿𝗼𝘃𝗮𝗹 𝗮𝗻𝗱 𝗗𝗶𝘀𝗯𝘂𝗿𝘀𝗲𝗺𝗲𝗻𝘁
- Approval process: If your application meets all criteria, the lender will approve your loan.
- Sign the agreement: Review and sign the loan agreement where all terms and conditions are detailed.
- Receive funds: The loan amount will be disbursed into your designated account.

𝗦𝘁𝗲𝗽 𝟳: 𝗥𝗲𝗽𝗮𝘆𝗺𝗲𝗻𝘁
- Set up repayments: Arrange for automatic repayments from your bank account to ensure you never miss a payment.
- Stay in contact with your lender: If you face any financial difficulties, contact your lender to discuss repayment options.

Everyone is BANGING ON about Teslas, and the Model Y has been a staple on the WA car scene. So how does the 2025 Long Range model stack up? Well, CarsGuide.com.au has the answer in one of their latest reviews! - bit.ly/3vUshB6

On Friday we talked about improving your credit score and, as a result, we had a few questions come through to our team. Here are the top 3 questions our followers asked:

𝗤𝟭: 𝗛𝗼𝘄 𝗼𝗳𝘁𝗲𝗻 𝘀𝗵𝗼𝘂𝗹𝗱 𝗜 𝗰𝗵𝗲𝗰𝗸 𝗺𝘆 𝗰𝗿𝗲𝗱𝗶𝘁 𝗿𝗲𝗽𝗼𝗿𝘁?
It's advisable to check your credit report at least once a year to ensure there are no errors and to understand what factors might be affecting your credit score. You can access your credit report for free every three months from major credit reporting agencies, which helps you stay updated on your financial status and rectify any inaccuracies promptly.

𝗤𝟮: 𝗖𝗮𝗻 𝗰𝗹𝗼𝘀𝗶𝗻𝗴 𝗮 𝗰𝗿𝗲𝗱𝗶𝘁 𝗰𝗮𝗿𝗱 𝗮𝗳𝗳𝗲𝗰𝘁 𝗺𝘆 𝗰𝗿𝗲𝗱𝗶𝘁 𝘀𝗰𝗼𝗿𝗲?
Yes, closing a credit card can indeed impact your credit score. It may shorten your credit history and increase your credit utilisation ratio, both of which can negatively affect your score. It is often better to keep unused credit cards open, especially if they don't carry high fees, to maintain a longer credit history and better manage your credit utilisation​.

𝗤𝟯: 𝗛𝗼𝘄 𝗹𝗼𝗻𝗴 𝗱𝗼𝗲𝘀 𝗻𝗲𝗴𝗮𝘁𝗶𝘃𝗲 𝗶𝗻𝗳𝗼𝗿𝗺𝗮𝘁𝗶𝗼𝗻 𝘀𝘁𝗮𝘆 𝗼𝗻 𝗺𝘆 𝗰𝗿𝗲𝗱𝗶𝘁 𝗿𝗲𝗽𝗼𝗿𝘁?
Most negative information, such as late payments or collections, will typically remain on your credit report for up to seven years. This duration can vary depending on the specific type of information and the policies of the credit reporting agency. Knowing this can help you manage your credit repair process more effectively

A good credit score is essential when obtaining a loan because it influences a lender's decision on whether to approve your loan application and on what terms.

A higher credit score indicates to lenders that you're a lower-risk borrower, which can result in better interest rates, higher loan amounts, and more favorable repayment terms.

Essentially, it can save you money and make accessing credit easier.

Tips to Improve Your Credit Score:

1️⃣ Pay Bills on Time: Late payments can negatively impact your credit score. Setting up reminders or automatic payments can help ensure you never miss a due date.

2️⃣ Reduce Debt Levels: High levels of outstanding debt can lower your score. Focus on paying down balances, especially on credit cards.

3️⃣ Keep Old Accounts Open: The length of your credit history contributes to your credit score. Keeping older credit accounts open can help, even if you're not using them regularly.

4️⃣ Limit New Credit Inquiries: Each time you apply for credit, it can cause a small dip in your score. Apply for new credit accounts only when necessary.

5️⃣ Check Your Credit Reports Regularly: Errors on your credit report can affect your score. Regularly checking your credit report allows you to correct inaccuracies promptly.

"Had the best experience with Ben. He went above and beyond to get my finance through super quick. I would recommend them to anyone and have done! Thanks again!" Benjamin Matthews

Bizi Loans specialise in connecting our clients with the best financing options available, tailored to your personal or business needs.

🚗 Car Finance: Dreaming of a new car? Or maybe you've found a great deal on a second hand one? We can help you secure financing that matches your budget and lifestyle needs.

🚚 Truck & Equipment Loan: Expand your business with the trucks and equipment you need without the financial burden. Our team will work with you to find lenders who offer competitive financing options that support your business growth.

🛥️ Boat Loans: Set sail smoothly as we help you navigate through various lenders to find you the perfect loan, so you can enjoy endless summers on the water.

🚐 Caravan Finance Solutions: Road trips and family adventures are more accessible with Bizi Loans. We’ll help you secure a caravan loan that fits your travel plans and budget.

🏍️ Motorbike Financing: Hit the road on two wheels sooner. We'll look at all the options and only present you with the ones that have you cruising, care-free, down the highway!

With Bizi Loans, you will also benefit from a quick and easy application process, potentially receiving same-day pre-approval from our lenders, even if you have a less-than-perfect credit history.

For personalised service and to explore the best loan options for your needs, reach out to one of our Finance Experts today!

Investing in new kitchen equipment is a proven way to increase your efficiency and potentially double your output as a food-based business. With the right tools, you can streamline your operations, serve more customers, and expand your menu offerings.

But right now, money is tight for those in the hospitality industry and I know that buying equipment outright is well and truly off the cards for many of you.

Navigating the financial aspects of growth doesn't have to be a daunting task. We can guide you through various financing options tailored to your business needs, sourcing solutions that will allow you to grow your business sustainably without straining your budget.

Let's cook up some growth together! (ok, total Dad Joke but hey, we're sure a few of you smiled!)