Finance Fusion

In this episode of the Finance Fusion podcast, we have Joshua El-Baye, Credit Adviser at Shore Financial, one of Australia’s leading mortgage brokering companies with multiple awards under their belt. Joshua talks about his bold decision to leave a successful 12-year career in hospitality to become a mortgage broker and the strategies that helped him build his new business. He also discusses the general state of the mortgage brokering industry, addressing the issue of unregulated practitioners or practitioners with little experience, and shares his observations on the current Sydney property market.If you are looking for inspiration on career transition, valuable lessons on customer service excellence, and insights into the mortgage brokering industry, then make sure to listen to this episode!-----SHOW NOTES LINKShttps://au.linkedin.com/in/joshuaelbayeh https://shorefinancial.com.au/ https://www.instagram.com/shorefinancial https://www.linkedin.com/company/shore-financial/ https://www.facebook.com/ShoreFinancial/ https://open.spotify.com/show/0axZEXlWsY0EWPvcgtcZW8 -----LinkedIn: https://www.linkedin.com/company/odin-finance/about/Facebook: https://www.facebook.com/Odin-Finance-109700887226824/ Instagram: https://www.instagram.com/odinfinance_/ YouTube: https://www.youtube.com/@louiedib4835 -----TIME STAMPS:00:00 Intro00:15 Introduction of Speaker00:49 Josh’s Background04:44 From Hospitality to Mortgage Broker14:49 the Difference of People Starting Out in Finance27:57 Misleading Can Burn Relationships35:33 Views on Latest Trends in Mortgage World47:34 Buying a Property in Sydney50:30 Outro

In this episode of the Finance Fusion podcast, we have Billy Taha, founder and director of Auto Luxury, a premium, hassle-free, full-service car concierge that helps their clients buy, sell and source luxury cars.Bill talks about his journey on how he carved a niche for himself in the luxury market, his innovative approach to recreating the car showroom experience through social media, and his streamlined trade-in process for a seamless experience for both car buyers and sellers.He also shares his insights on the rapidly evolving world of car financing, the rise of self-serving car models, and why, now more than ever, using a car broker could be the best decision you make.If you're in the market for a new car, looking to sell, or even just fascinated by shifts in the auto industry, make sure to tune in to this episode!TIME STAMPS:00:00 Intro05:46 How Did Billy Get into the Business?11:46 How Long Does It Take Dealerships to Adopt the Fixed Price Model?14:30 Buying a Tesla17:24 How Far Away Are Other Car Companies from Tesla?24:32 Choosing a Car Dealership over Finance26:57 Will the Need for a Car Broker Change?30:15 Step-by-Step Process to Implement a Sale35:10 How Banks Have Taken over the Space37:41 Finding the right tech for your business39:47 Implementing tech into your business45:55 OutroSHOW NOTES LINKShttps://autoluxury.com.au/ https://www.linkedin.com/in/autoluxury/ https://www.linkedin.com/company/autoluxury/ https://www.instagram.com/autoluxury.au/ https://www.facebook.com/autoluxury.au/ https://www.tiktok.com/@autoluxury.au/ ----- LISTEN TO THE PODCAST Spotify: https://open.spotify.com/show/2NnKK0lGYvrstzfY6OXeAu Amazon Music: https://music.amazon.com/podcasts/42065cc7-d16b-48d0-a77a-a5ff2d2a889f/finance-fusion YouTube: https://www.youtube.com/@louiedib  ----- FIND US HERE LinkedIn: https://www.linkedin.com/company/odin-finance/about/Facebook: https://www.facebook.com/Odin-Finance-109700887226824/ Instagram: https://www.instagram.com/odinfinance_/ YouTube: https://www.youtube.com/@louiedib4835 

In this episode of the Finance Fusion podcast, we have Louis Younis, founder and director of ITF Hire, a company specialising in temporary fencing, crowd control barriers, portable toilet hire and servicing, liquid waste management, and internal and external hoarding. Louis shares his journey from a novice labourer to a business empire builder, the mindset he adapts that led to ITF Hire's rise in the temporary fencing and hoarding industry, and how he overcame initial setbacks to build a business that services Tier One construction companies.He also talks about why a long-term strategy is crucial for sustainable success, how to build a capable team and hire individuals with diverse strengths, the pivotal role of specialised asset finance brokers in acquiring essential equipment, and the importance of doing thorough calculations and using tools like the NAP calculator before making big investments. If you want to learn more about the fencing industry and how to master growth through acquisitions, marketing, risk-taking, and innovation, make sure to tune in to this episode!TIME STAMPS:00:00 Intro00:10 Louis Background00:26 ITF Hire02:54 Why Temporary Fencing of all Industries?09:44 What Is the Role of Temporary Fencing and Holding?12:04 How ITF is Everywhere12:25 Louis’ Customers12:49 Strategies for Acquiring New Customers14:59 Key to Building a Business 18:56 Strategies for Each Business Growth Phase19:43 Acquiring Competitors and Integration24 00 The Importance of Your Team in Business27:05 Working with Specialists with Business28:56 How Do You Know When to Finance an Asset?32:39 Let the Numbers Do the Talking33:51 Purchasing Brand New Trucks39:08 Getting as Much Market Share as Possible43:13 Dealing With Cashflow Issues46:45 ConclusionSHOW NOTES LINKShttps://www.linkedin.com/in/louis-younis-6920b4166/https://www.linkedin.com/company/itfhire/https://www.facebook.com/itfhirehttps://www.instagram.com/itfhire/https://www.youtube.com/@itfhire5673-----LISTEN TO THE PODCASTSpotify: https://open.spotify.com/show/2NnKK0lGYvrstzfY6OXeAu Amazon Music: https://music.amazon.com/podcasts/42065cc7-d16b-48d0-a77a-a5ff2d2a889f/finance-fusion YouTube: https://www.youtube.com/@louiedib4835 -----FIND US HERELinkedIn: https://www.linkedin.com/company/odin-finance/about/Facebook: https://www.facebook.com/Odin-Finance-109700887226824/ Instagram: https://www.instagram.com/odinfinance_/ YouTube: https://www.youtube.com/@louiedib4835 

In this episode of the Finance Fusion podcast, we have Amanda Keneally, State Manager for NSW/ACT of Earlypay, a lending company that provides Australian businesses with the cash flow and working capital they need to grow.Amanda talks about business sectors that align well with invoice financing, how invoice financing transformed from a last resort to a cost-effective choice for businesses, and the flexibility in the assessment that Earlypay uses to determine business eligibility for invoice financing.She also addresses common objections and concerns associated with invoice financing and talks about Earlypay's technological advantage in streamlining the invoice financing process, how it stands out to other new lenders, and strategies for mitigating the costs associated with invoice financing.If you want to learn more about invoice financing and how it can help you achieve your business goals, make sure to tune in to this episode! Timestamps:00:00 Intro00:04 Amanda's Role at Early Pay02:07 Industries Where They Won’t Lend Money.03:28 Amanda's Preferred Business Sectors06:09 Shattering Stigma: The Evolution of Invoice Financing for Businesses09:12 From Last Resort to Cost-Effective: The Price Revolution of Invoice Financing11:31 Navigating the Storm: How the Business Fared During COVID-1913:43 Flexibility in Assessment: Balancing Factors for Business Eligibility17:18 Addressing Objections: Overcoming Concerns in Invoice Financing20:41 Tech Advantage: Early Pay's Differentiation in Invoice Financing24:27 Beyond Interest Rates: Exploring Banks' Approach to Invoice Financing25:34 Choosing the Right Fit: Comparing Invoice Financing to New Lenders in the Market30:01 Pricing of Invoicing Finance33:49 How to Mitigate the Cost of Invoice Financing?37:39 The Evolution of Invoice Financing in the Next Decade40:01 OutroSHOW NOTES LINKShttps://au.linkedin.com/in/amanda-keneally-16824613 https://www.earlypay.com.au/ https://www.linkedin.com/company/earlypayaustralia/ -----LISTEN TO THE PODCASTSpotify: https://open.spotify.com/show/2NnKK0lGYvrstzfY6OXeAu Amazon Music: https://music.amazon.com/podcasts/42065cc7-d16b-48d0-a77a-a5ff2d2a889f/finance-fusion YouTube: https://www.youtube.com/@louiedib4835 -----FIND US HERELinkedIn: https://www.linkedin.com/company/odin-finance/about/Facebook: https://www.facebook.com/Odin-Finance-109700887226824/ Instagram: https://www.instagram.com/odinfinance_/ YouTube: https://www.youtube.com/@louiedib4835 

In this episode of the Finance Fusion podcast, we're joined by Davie Mach, founder and director of Box Advisory Services, a multi-awarded team of new-age chartered accountants based in Sydney, serving contractors and small businesses.Davie talks about his journey from being an employee to an employer building his own team, his insights on the secrets to real business success, and the evolution of business financing preferences in the modern world.He also talks more in-depth about the tax implications of chattel mortgages and leases for off-balance sheet financing, fringe benefit taxes, instant asset write-offs and business acquisitions, and software investments and deduction limitations for businesses.If you want to learn more about the various aspects of business finance, taxation, and strategic decision-making from a business owner and seasoned accountant like Davie, make sure to tune in to this episode!Timestamps:00:00 Intro00:37 Davie's Background01:38 From Employee to Employer: Building Your Own Team04:47 Tech-Savvy Accountants: The Key to Modern Business Success09:56 Exploring the Evolution of Business Financing Preferences12:16 Decoding Commercial Financing: Chattel Mortgages, Finance Leases, and Rentals15:20 Tax Implications of Chattel Mortgages and Leases for Off-Balance Sheet Financing19:23 Fringe Benefit Taxes Explained21:40 Decoding Business Vehicle Purchases: Thresholds, Caps, FBT, and GST Tips28:05 Frequent Queries: Car Purchases, FBT, and Post Options33:11 Challenges for Business Owners: Financing Alternatives and FBT Crackdown35:47 Unnoticed FBT Noncompliance: Consequences for Business Vehicle Usage38:42 Seizing Instant Asset Write-Offs: Key Actions for Business Owners42:49 Instant Asset Write-Off and Business Acquisitions46:06 Software Investments and Deduction Limitations for Businesses48:41 Outro

In our very first episode of the Finance Fusion podcast, we're joined by Victoria Coster, CEO and Dispute Resolution Expert at Credit Fix Solutions, a credit repair business in Australia dedicated to helping thousands of Australians enhance their credit reports. Victoria talks about the significance of credit files and their role in the lending process, the introduction of positive credit reporting, the concerns of enquiries affecting credit scores, and the negative impact of the 'Buy Now, Pay Later' services. She also shares the importance of educating customers about their credit health, the reasons behind their low scores, and so much more. If you want to delve deeper into credit repair, learn about building strong financial profiles, and gain valuable insights from industry experts like Victoria, make sure to tune in to this episode!Timestamps: 00:00 Intro00:39 How Victoria Started Her Business03:51 Understanding Credit Scores and Factors Affecting Them04:59 How Bad Are Inquiries When It Comes to Credit Filing?08:19 Exploring the Truth Behind Buy Now Pay Later Schemes and Their Impact on Credit Scores10:54 Understanding the Process of Inquiry Removal for Customers with Poor Credit Scores18:13 Assessing the Impact of Telco Defaults on Loan Eligibility with a Credit Repair Service19:59 The Impact of Financial Default vs. Telco Default on Credit Repair21:02 Client Case Study #122:57  Understanding the Average Turnaround Time for Credit Repair Services25:14 The Average Increase in Credit Scores after Default Removal26:27 The Difference in Different Credit Reporting Agencies29:00 The Accuracy and Reliability of Credit Scores from Free Credit Check Services30:51 The Future of Credit Scores32:38 Upcoming Technological Advances and Their Implications for Credit Reporting35:57 Why Isn't Credit Education Taught in Schools?37:26 Outro