Trained Professionals: Get Pelted With Easy Money

Are you a trained professional looking to go into public practice? Well, I have some advice for you.

This is for accountants, lawyers, doctors, and allied health professionals.

You can get money really easily if you just look in the right spots. Where’s the right spot?

Financiers.

There are some really specialist financiers out there who can get you what you need to get started.

In particular, you should be looking at:

• Bank of Queensland
• ANZ Bank
• Medfin, who are owned by NAB.

If you’re looking to get out there and set up yourself as a professional service business, these banks will literally throw money at you.

No kidding – because you’re a trained professional, they will just give you capital to get you started.

It all started in the late ‘80s and the early ‘90s when a few South African fellows came out and lobbed here in Australia. They decided they could trust trained professionals. They believed the risk of actually losing money to them would be very low. Trained professionals can be trusted because of the professionalism and ethics they’ve learnt over their years of training.

If you’re just a standard business out there and are not a professional, you’ll have to dig up money elsewhere. This will most likely mean accessing equity from your principal place of residence, an investment property, or taking some of Mum and Dad’s money.

But doctors, allied health, accountants, lawyers and the like, you’re the lucky ones.

So go set yourself up with one of these banks.

Oh, and one more thing: get a mortgage broker to make sure they all stay honest.

Pat Mannix, Partner, Paris Financial