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Classic Funding Group

Non Bank Lender

www.classicfg.com.au

North Sydney, New South Wales

1300 780 895

As a proudly Australian owned financial services company with over 20 years’ experience in providing smart finance solutions, we are one of Australia’s leading non-bank finance companies.

A genuine alternative to the banks!
We are driven to partner with our clients to create better alternatives for businesses and consumers through smart finance solutions. We seek to provide an unparalleled service experience, to create happy customers!

We achieve growth through true partnership!

We are a passionate team that works together towards a common goal of being Australia’s happiest finance company.

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Classic Funding Group - business finance and tailored solutions

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Business Finance that's right for you - Classic Funding Group

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Clean Energy Finance - Classic Funding Group

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The businesses Classic Funding Group can help

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Why Partner With Classic

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Is your cash flow keeping you up at night?

If you’re losing sleep, it's probably because you're having trouble with your business cash flow.
A cash flow forecast and contingency plans in the form of Debtor finance can help.
If you' ...

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Equipment Finance

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Debtor Finance

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Q: I am a Director of a growing small business and have a mutual agreement with my partner to buy him out at the end of this calendar year. It's a reasonably significant amount, so will need to borrow the money. What's the best way to go about this? Can I borrow the money through the business or do I do it personally? Both my personal and business financials are quite sound.

A: Hi Jarrod,
Definitely seek advice from your accountant as to the best way to achieve this. If your accountant advises that you should raise capital through your business, there are a number of options, depending on what your business does.

For example, you could raise fund against existing equipment through what is known as a 'sale-back'. This essentially means that you sell your unencumbered assets to a lender, and finance it back, giving you a cash injection.

If your business sells on credit terms to a broad range of business customers, then you may also benefit from a confidential debtor finance facility, to smooth out cashflow, especially in the transition period.

Good luck!