andrewnell‘s profile was updated 10 years ago
andrewnell replied to the topic Business or PAYG Employment? in the forum Finance 10 years ago
Hi Plummer,
Given that the business you are purchasing into is an existing entity it would be likely that you are able to use its existing net cash-flows to service a possible loan. Note, however, that you are also bringing potential contingent liabilities to the table that may impact upon your serviceability (borrowing capacity) dependent on the…[Read more]