InterPrac Mortgages Newsletter-January

 2008

 

 
 

Business Loans and Overdrafts at
HOME LOAN RATES!

In association with the NTAA, InterPrac have negotiated with a major panel lender ‘business loans and overdrafts at genuine home loan interest rates’. This is certainly a major breakthrough with the potential to save thousands of dollars in interest per annum.

Interest Rates:-

  • Business Overdrafts from 8.13% p/a *

  • Business Loans from 7.87% p/a *

*Interest rate/s current as at 7/1/2008 and subject to change.

For more information, please call one of our qualified lending specialists to discuss further… and remember, you will be remunerated for any settlement that occurs as a direct result of your client referral, this also includes your own facilities.

Tax, GST & Debt CONSOLIDATION

Talk Tax Debt to a bank and you know that most of them won’t touch it with a ten foot barge pole. So what makes this offer different?

  • Genuine home loan interest rates;

  • Interest only or principal & interest repayments;

  • Ability to make additional repayments without penalty;

  • Up to 95% loan to value ratio will be accepted;

  • 30 year loan term/s available.

Recent Case Study - Tax Debt Cleared
A member of the NTAA referred InterPrac a client who had accumulated a tax debt in excess of $150,000. The client had a primary tax debt of $70,000 and over time her secondary debt had risen to $80,000.

With plenty of equity on her investment property she refinanced her “Major Bank Loan”, consolidated her tax liability and paid out her accounting fees of $10,000. This significantly reduced all monthly commitments and greatly improved her cash flow. The transaction appeared complicated due a listed credit default with less than 12 months ago.

InterPrac not only assisted with clearing the debt, but also saved her money in interest by restructuring the new Investment loan to an interest rate of 7.87% which was lower than what she was paying on her “Major Bank Loan”.

For members who encourage their clients to clear their tax debt, the NTAA have made a contact within the ATO who can look at reducing the client’s secondary debt if the client commits to a clear out of their debts. Your client may also find that their other suppliers could offer discounts for early payment.

For more information, please call one of our qualified lending specialists to discuss further…. and remember, you will be remunerated for any settlement that occurs as a direct result of your client referral, this also includes your own facilities.

What they say about our service...
I recently had a sticky situation between the Australian Taxation Office and a client. While attending an NTAA Seminar I was introduced to a representative from InterPrac Mortgage Management, who had an answer to my client’s problem. The process of funding a tax debt is not an easy one, however, the specialists at InterPrac Mortgage Management soon overcame the issue with a very simple, easy and painless solution. They have not only released my client from the debt of the ATO, but have now assisted them in getting there finances back on track and their life a little easier. I would recommend any practitioner to consider looking at InterPrac Mortgage Management as an alternative solution when it comes to financing a tax debt or any other loan requirement.

Evan Anderson
Accountant and Registered Tax Agent
 

I would like to take this opportunity to thank you for all the time and effort in setting up our new home and investment loans. We had assumed for some time that our current bank had offered us the best deal, how wrong we were, the service from you has been exemplary. The energy demonstrated from a timeliness perspective has been great and more importantly, the fact that we will be saving money going forward has made the entire exercise worthwhile.

Peter & Tina Theodorakopoul
 

InterPrac saved my clients hundreds of dollars in interest charges a month by consolidating their debts. The process was simple and they kept us informed during the whole process.

Lindsay Brown
Accountant and Registered Tax Agent

Yours Sincerely

Brent Jones

General Manager

InterPrac Ltd

1800 700 666 (Phone)
1300 368 427 (Fax)