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    Offer of finance withdrawn - sign of further credit tightening?

    Tracey, I heard "rumours" via various corporate contacts that they weren't able to secruitise certain areas of their own funding (in particular leasing).....so maybe this has spread throughout the organisation. I know their accounts will be out soon - so hopefully they can get themselves...
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    Tight credit in comm. mortgage space -innovative idea for funding comm.owner occupied

    Hi Bill, Thx for the observations. Firstly, my intentions were not intended to be spam but to be more educational, with my observations linking directly to the introduction to the innovative techniques forum which looks at : "Discussion on innovative property related money making and...
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    Tight credit in comm. mortgage space -innovative idea for funding comm.owner occupied

    Just a thought for you guys. I see from various post there are a number of good quality brokers in the forum........ With tight credit in the Comm. Mortgage space there may be a different way of generating the deposit for the comm. property..... Providing the owner occupier is Business to...
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    Just how bad will this all get ???

    The Aussie Economy has been fairly protected from world events by the resources boom - but that is showing marked signs of weakness. March 2009 is going to be a potential bloodbath for Corporate Australia in my view - with a high volume of insolvencies being seen. There are 10 key catalysts...
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    can Banks just call in a loan?

    We have to understand banks are not charities - they have to protect their shareholders' equity as much as the next business. Banks do not make big margins on lending - so they have a natural tendency to be risk averse. It is all about protecting capital and as we head towards recession - which...
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    eerie! feeling in the air??

    I think we are in for a VERY difficult year.....and I believe in March 2009 we will see serious problems with high levels of insolvency which will drive the economy down further. I head up a finance brokerage specialising in cashflow finance and the last 3 months for me have seen some very...
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