Before ever approaching the bank or a finance broker to either refinance an existing loan (for whatever purpose) or to take out a new loan to purchase a home, investment property , motor vehicle, item of equipment, or a business acquisition, it is critical that you discuss your situation with someone experienced and independent like an accountant.
This could save you thousands of dollars in lost tax deductions and/or loan interest.
Too many times we have seen clients financial affairs incorrectly structured for both income tax and asset protection purposes when it was too late to do anything about it.
Contact Eclipse Accounting if you are looking for assistance or advice in connection with borrowing.
We can also assist by referring you to a trusted and experienced finance broker for a first or second opinion and quotation on your finance.