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457ie and raising finance

457ie and raising finance

Old Sep 18th 2002, 9:16 am
  #1  
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Joined: Apr 2002
Location: In OZ - searching for a business
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aliceJ is an unknown quantity at this point
Default 457ie and raising finance

Has anyone on a 457ie had difficulty in raising money for a business mortgage? I had a chat with someone at Commonwealth who seems to think it won't be too easy if you've not owned a business before, and also the fact that we will be on temp residence visas. He also said that we wouldn't have an established credit rating in Oz or a good financial record to back us up.

If anyone has any experiences they can share, or contacts for raising finance, would be much appreciated.
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Old Sep 18th 2002, 12:53 pm
  #2  
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Default Re: 457ie and raising finance

Hello Alice.

If you are in London next week you might want to attend a seminar that a partner in our joint venture firm of accountants is running on Setting Up a Business in Australia. One of the topics he is including is business finance - which is why I thought it worth mentioning.

Places are available next Thursday (26th) and there are more details here if you are interested:
http://www.gomatilda.com/news/article.cfm?articleid=217

Best regards.



Originally posted by aliceJ:
Has anyone on a 457ie had difficulty in raising money for a business mortgage? I had a chat with someone at Commonwealth who seems to think it won't be too easy if you've not owned a business before, and also the fact that we will be on temp residence visas. He also said that we wouldn't have an established credit rating in Oz or a good financial record to back us up.

If anyone has any experiences they can share, or contacts for raising finance, would be much appreciated.
Alan Collett is offline  

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