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Refinancing your hospitality equipment loans: when it is worth it

Refinancing your hospitality equipment loans: when it is worth it

Most owners sign one finance deal and never look at it again. That is understandable. You are busy running a venue, not watching interest markets. But a lot can change in a few years, and the finances you set up when you opened might not be the best fit today. That is where refinancing comes in.
What can a hospitality business actually finance?

What can a hospitality business actually finance?

When most owners think of equipment finance, they picture the big kitchen machines. Those matter, but they are only part of the story. A lot of what makes a venue work can be financed, and knowing that can change how you plan a build or an upgrade.
The complete guide to financing a café or restaurant fit-out

The complete guide to financing a café or restaurant fit-out

Opening or refreshing a venue is exciting. It is also expensive. A fit-out pulls together a long list of costs at once, and paying for all of it out of your own pocket can leave the business short before you have served a single customer. Financing the fit-out spreads that cost out, so your cash stays where it is needed most.
The $20,000 instant asset write-off is now permanent: what it means for hospitality

The $20,000 instant asset write-off is now permanent: what it means for hospitality

For years, the instant asset write-off came with an expiry date. Every year, business owners waited to see if it would be extended. That uncertainty is now gone.
Opening your second venue: how to expand without starving the first

Opening your second venue: how to expand without starving the first

Opening a second venue is a milestone. It is also where a lot of good operators come unstuck, not because the new site fails, but because the expansion quietly drains the business that was working fine.
Seasonal cashflow: structuring equipment finance around your busy and quiet months

Seasonal cashflow: structuring equipment finance around your busy and quiet months

If you run a cafe, restaurant, bar or any seasonal venue, you already know the truth that steady-income advice ignores: your money does not arrive evenly. Summer roars, winter whispers, and the equipment bills do not care which month it is.
Equipment and tax time: the questions to ask your accountant before you buy

Equipment and tax time: the questions to ask your accountant before you buy

As the end of the financial year comes into view, a lot of business owners start thinking about buying equipment. It is a sensible time to invest, but the tax side is genuinely individual, so the best move is to go in with the right questions for your accountant rather than assumptions.
The real cost of paying cash for equipment: opportunity cost explained

The real cost of paying cash for equipment: opportunity cost explained

"Just pay cash and avoid the finance." It sounds like the responsible choice, and sometimes it is. But paying cash for equipment carries a cost that never appears on any invoice: the opportunity cost of what that money could have done elsewhere.
How your credit profile affects business equipment finance (and how to improve it)

How your credit profile affects business equipment finance (and how to improve it)

When you apply for equipment finance, your credit profile is part of the picture a lender builds of your business. It is not the whole story, but understanding it puts you in a stronger position before you apply.
Repair or replace? When it is actually time to upgrade your equipment

Repair or replace? When it is actually time to upgrade your equipment

Every business owner knows the feeling. The machine breaks down again, you pay for another repair, and you quietly wonder how long you can keep this up. So how do you know when repairing stops making sense and replacing becomes the smarter move?

Are You Eligible for the Upcoming Small Business Tax Cuts?

Discover if you qualify for the upcoming small business tax cuts. Get insights on eligibility criteria and maximise your savings at Geared.

Is Australia Different?

In September, the RBA decided to raise the cash rate by a further half percentage point (taking it to 2.35%). It was only in April that the cash rate was 0.1% so the move up has been rapid-fire. The reasons for the aggressive shift in policy are well known:

Housing Market Update: More To Go

Stay informed with the latest housing market update. Explore insights on house prices, trends, and projections with Geared.

Economic Update: We Haven’t Heard the Last of the Good News

Stay informed on the latest economic update. Discover surprising GDP growth, strong sectors, and potential risks. Get insights at Geared.

Interest Rates - What History Can Tell Us

Going into the May RBA Board meeting, economists thought the three possible scenarios were possible: no move, a 0.15 rise or a 0.4 percentage point hike. Financial Markets were fully priced for a 0.15 percentage point move. By moving by 0.25 percentage points (to 0.35%) the RBA obviously wanted

How renewable energy gives your business a competitive advantage

Gain a competitive edge with renewable energy for your business. Discover cost-saving solutions and government incentives with our experts.

National wages up from their 2020 lows

The September quarter wages data was for financial markets the most eagerly anticipated piece of economic data for the remainder of 2021. That is because the RBA made it clear that for interest rates to rise they would need to be satisfied that inflation will sustainably be 2-3%. And

Overcoming the unique challenges facing businesses this holiday season

As many businesses recommence full operations and begin preparations for the Christmas period, the impact of global supply chain disruptions means order fulfilment -the ability to meet customer demand - will require businesses to be agile and prepared for a multitude of scenarios Retailers, wholesalers and dealerships in all industries

Riding the second wave: The economic effects of Delta

The COVID news in a number of the states (and territories) over the past few weeks hasn't been good. The overseas experience suggests that at some stage we would be confronted with another virus 'wave'. Almost all countries in the OECD have been hit by at least 3

Update: Victorian Government's $3 Billion Business Survival & Adaptation Package

Get the latest update on the Victorian Government's $3 billion business survival and adaptation package to support your business. Learn more.

The "Hidden Money" in Your Workshop: How to Get Cash Without Selling Your Gear

Sometimes you’re "asset rich" but "cash poor." You might have $200k worth of paid-off equipment, but your bank account is thin because you’re waiting for customers to pay their invoices.

Your Local Bank Keeps Saying "No". And How to Get a "Yes".

You’ve been with the same big bank for years. You’ve got your home loan there, your credit cards, and your everyday business account. But the moment you ask for a loan to buy a piece of gear-especially if it’s second-hand-they start dragging their feet.

From One Ute to a Full Crew: The Smart Way to Scale Up

Scaling a business from a "one-man band" to a team of five is the most exciting-and scariest-time for an owner. If you do it right, your profit soars. If you do it wrong, you end up with more stress and less money.

Buying Gear: Is "Shiny and New" Always Better?

We’ve all been there. You walk into a showroom or scroll through an online marketplace, and you see it: a brand-new prime mover or a high-end commercial kitchen setup. It’s tempting to go for the best gear straight off the lot, but as a business owner, you have to look past the "new car smell.

The "Exit Strategy": Why Your Finance Structure Matters When Selling Your Business

Every business owner will exit eventually. Whether you plan to sell in 2 years to a competitor, or in 10 years to your staff, the finance decisions you make today will directly impact the size of the cheque you walk away with.

Your Credit Score Isn't a Tattoo: How to Repair and Rebuild It

There is a huge stigma around "bad credit" in business. A default, a court judgment, or a missed payment feels like a permanent black mark that will stop you from ever getting finance again.

How to Turn Your Heavy Iron into Liquid Cash

Cash flow is the lifeblood of business. Sometimes, you have plenty of work, but your cash is tied up in assets. You are "Asset Rich, Cash Poor.

Why Employee Cars Might be Costing You

Do your sales reps or technicians drive their own personal cars for work? This is known as the "Grey Fleet." It seems like the cheap option—you just pay a per-km allowance and don't have to worry about buying cars.

How to Clear Tax Arrears Strategically

It happens. A slow quarter, a lost contract, or a payroll error, and suddenly you have a debt with the Australian Taxation Office (ATO).

New ABN, No Problems": Financing for Startups and New Entities

There is an old banking myth: "If you haven't been in business for 2 years, you can't get a loan.

Brewing Success with Ottimo Coffee – A 15-Year Journey of Passion and Partnership

Ottimo Coffee stands as a shining example of a business fueled by passion, dedication, and strong partnerships. The 15-year journey is not just a testament to the excellence of their coffee but also to the power of collaboration and choosing the right allies in

Want to know more?

Our team of experts have in-depth knowledge of the industry and will help you find a tailor-made finance solution designed to fit the needs of your business. Whatever your industry, let us help grow your business today!

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You can make an application for finance with us that does not commit you to proceed with a facility in any way. This is a no-obligation assessment with a view of reaching a potential pre-approval that you are then free to choose to use should you wish.
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Don’t take our word for it! Hear it from our customers.

Stomping Ground Brewing Co.
I have been working with Geared Finance for over 10 years. During this time, they have helped us with our equipment finance needs and have been a pleasure to deal with. The team is responsive, fast, and easy to work with. They go above and beyond, even liaising with suppliers to streamline the process.
Guy Greenstone
Guy Greenstone
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Stomping Ground Brewing Co.
Guy Greenstone
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Stomping Ground Brewing Co.
Guy Greenstone
Sodexo
We have been working with Geared Finance for the past 4 years and always found their service attentive and prompt. Geared provides a high level of customer service and works with us to create bespoke solutions that suit our business. They are always professional, supportive, and ready to assist.
Sandra Giannakopoulos
Sandra Giannakopoulos
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Sodexo
Sandra Giannakopoulos
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Sodexo
Sandra Giannakopoulos
Ottimo Coffee
Larnce Leigh
Larnce Leigh
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Ottimo Coffee
Larnce Leigh
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Ottimo Coffee
Larnce Leigh
Fabulous Catering
Geared Finance has supported our business in many ways. From equipment and solar to software and vehicles, they offer solutions across the board. With competitive rates and fast service, they provide advice and experience that help our business grow. We’re proud to be a loyal client of Geared Finance.
Adam Pope
Adam Pope
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Fabulous Catering
Adam Pope
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Fabulous Catering
Adam Pope
Alphington Grammar School
Geared Asset Finance has financed our school’s IT equipment over the years. As a school, we need flexibility and an understanding of financial cycles, which they provide. Their support and service are reliable, and we’ve always felt confident working with them. We highly recommend them to others.
Manuel Pappos
Manuel Pappos
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Alphington Grammar School
Manuel Pappos
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Alphington Grammar School
Manuel Pappos
Geelong Collision Care
The team at Geared Asset Finance has been phenomenal. They handle our business finances from start to finish and are always available to help. Their long-term support has made a real difference to us. We’ve trusted them for years, and we’re sure we’ll continue to work with them well into the future.
Mark Clarke
Mark Clarke
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Geelong Collision Care
Mark Clarke
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Geelong Collision Care
Mark Clarke