Investor & Director Loan Agreements (2024)

Overview

Secured Loan Agreements are exactly that, Loan Agreements that are secured against either the assets of a business or directly to the item being financed. These loans are particularly useful for Investors making an investment into a business to increase cashflow or for the purchase of additional capital equipment, or additionally used by a business owner injecting finances into their own business for similar purposes.

The unique aspect of using a Secured Loan Agreement is that the loans are fully secured providing the Investor or Business Owner with the same protection as the banks should there be a future financial issue.

Protect Your Business from Changes In Legislation Leaving Your Cashflow Vulnerable (2024)

Overview

Today we are going to look at how Terms and Conditions can protect your Business and its Cashflow from the effects of the Recent Legislation Changes that will more than likely cost your business 10s if not 100’s of thousands of dollars. It becomes a real issue when 1 or more of your clients find themselves in the unfortunate position of not being able to meet their financial obligations.

To get an easy understanding of how you can legally protect your business and its cash flow we need to look at an industry that already does this well, the most obvious of course, being the banks.

 Essentially Debt Collection Made Easy

Overview

Today we are going to discuss the 3 easy steps you can implement to save your business the expense, time and aggravation of having to continually chase up your outstanding accounts.  Essentially Debt Collection Made Easy.

The key points we are going to discuss today,

• How to build Consequences into your business,
• How to take back control of your accounts,
• How to make sure you can get accounts paid on time,

Privacy Policies and the Potential Liability associated with changes to the Privacy Act 1988 (2024)

Overview

Today we are going to discuss changes in the Privacy Act Legislation by the Office of the Australian Information Commissioner, which now means that any business that employs staff or extends credit could face massive fines if they don’t have an up-to-date Privacy Policy protecting both the clients and employees personal information. 

So today we are going to discuss,

• What are the changes in legislation to the Privacy Act?
• What are the potential costs of not having an up-to-date Privacy Policy for your business?
• What steps you can take to avoid the passive fines for breaching the Privacy Act 

PPSA Personal Property Securities Register –
Protect Your Business from Client Liquidations with the PPSR (2024)

Overview

Today we are going to discuss how use the PPSA and Personal Property Securities Register to save your business 10’s if not 100’s of thousands of dollars when one or more of your clients goes into administration or files for liquidation.

It is without a doubt the biggest change in legislation in the last 25 years that very few business owners are aware but has the potential to cost you everything.

I’m not exaggerating when I say, the next few minutes could be the difference between the success and failure of many businesses in Australia. Every business owner needs to know this information.

So today we are going to discuss,

• What the Legislation is this legislation and how it works,
• What the changes in legislation mean for your business,
• How you can protect your business for less than $1 / year,

Protect Your Business Assets From Changes In Legislation Affecting Trusts (2024)

Overview

Recent changes in legislation negate the asset protection traditionally associated with your Business or Family Trust. In essence, if you’re using a trust at the moment to protect your business assets and you haven’t updated your structure, those assets are more than likely no longer protected.

So today we are going to discuss,

• What are the changes in legislation now affecting your trust,
• Why your trust no longer protects your businesses assets,
• How you can start protecting your trust assets for as little as $6,

Independent Contractor Agreements to Avoid Potential ATO Liability (2024)

Overview

Independent Contractor Agreements are designed to combat changes in legislation made by the ATO, which now requires certain Industries that use Independent Contractors to have formal agreements in place to avoid the potential liability, and of course the 10’s if not 100’s of thousands of dollars that go along with that liability.

So today we are going to discuss,

• What industries are affected by the ATO’s changes in legislation,
• What are the potential costs of not having Independent Contractor Agreements in place?
• What steps you can take to avoid 10’s if not 100’s of thousands of dollars of potential liability

Subcontractor Agreements to Avoid Potential ATO Liability

Overview

Subcontractor Agreements designed to combat changes in legislation made by the ATO, which now requires certain Industries that use Subcontractors to have formal agreements in place to avoid potential liability, and of course the 10’s if not 100’s of thousands of dollars that go along with that liability. 

So today we are going to discuss,

• What industries are affected by the ATO’s changes in legislation,
• What are the potential costs of not having Subcontractor Agreements in place?
• What steps you can take to avoid 10’s if not 100’s of thousands of dollars of potential liability

Continuous Line of Credit Loan Agreements

Protection from Preferential Payment Clawback (2024)

Overview

Due to recent changes in legislation Continuous Line of Credit, or Revolving Line of Credit Loan Agreements have become the centrepiece for protecting business owners and directors against huge potential liability when using their personal credit cards for business expenses.

These changes in legislation centre around the introduction of the PPSA OR Personal Property Securities Act and its register PPSR or Personal Property Securities Register.

So, today we are going to discuss.

• How the changes in legislation could spell disaster for you and your business,
• How a simple $6 Government Registration can protect you as a business owner,
• And finally, how you, as a business owner, can make yourself your largest secured creditor putting you first in line if your business experiences any future financial issues.

 Vendor Finance Loan Agreements

Overview

A Vendor Finance Loan Agreement allows the Vendor or Seller of slow or overstocked items the option of being able to make extra sales from their existing stock whilst using that stock to secure their loan agreement with their clients. It’s a Win-Win situation for all parties involved.

Formalising Your Person To Person Loans 

Overview

Today we are going to discuss one of our Loan Agreements, in particular, our Person to Person Loan Agreements.

Now our Person-to-Person Loan Agreement is exactly that, it's a loan agreement between individuals where one individual provides a loan to another individual.

These Loan Agreements are generally simple loan agreements between family members in Australia or for that matter anywhere in the world. It doesn't really require a security interest to be registered on the PPSR or Personal Property Securities Register because quite often it is for a smaller amount and is quite often a simple loan agreement between friends or a loan agreement between family members. If the required loan is for a larger amount, then it is generally going to be more of an investment loan or financing agreement which would be better suited to one of our other Loan Agreements.

This particular Loan Agreement is just a Person-to-Person Loan Agreement or a simple loan agreement between family members or friends where you want to have something in place just to formalise the loan agreement and possibly, build in a direct debit facility for loan repayments, and possibly build in some consequences in case there is a default in the Loan Agreement.

Australia Tax Office Compliant Div 7A Loan Agreements (2024)

Overview

Div 7A Loan Agreements are now being put under the Microscope by the Australian Taxation Office in an effort to identify potential Tax avoidance by company directors and shareholders. It is more important than ever to ensure business owners and directors have a formal agreement in place to negate potential tax liabilities.

Div 7A Loan Agreement is called a Div 7A Loan Agreement as it relates to Division 7A of Part lll of the Income Assessment Act 1936. Division 7A of Part lll of the Income Assessment Act 1936, in particular Division 7A of the Corporations Act, allows for a business to loan money to the directors, shareholders, or associates of shareholders.

These loans are used for a number of reasons and are usually implemented in conjunction with the accountant of a business rather than the director themselves due to the potential taxation liabilities. The reason we have released these Div 7A Loan Agreements is basically just to formalise them.