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Ian Winn

Tips for increasing borrowing capacity for self employed

How to increase your borrowing capacity for self-employed 

  • Make the current year as profitable as possible as some banks will use just 1 year financials 
  • If approved by your accountant pay your partner a salary
  • Have your tax return completed as soon as possible.
  • Reduce or close any unnecessary credit cards or over drafts
  • Pay out car leases if close to completion 
  • Review expenses including technology, utilities and subscriptions
Contact me to calculate your borrowing capacity and discuss strategies to potentially increase your borrowing capacity 
Give me a call on 0401 240 183 or book a free consultauion below 

Check out my video below for self-employed


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