3 Finance Hacks to Maximise Q3

Q3 isn’t the time to slow down—it’s the time to optimise. 
Whether you're recovering from EOFY or planning for a strong finish to the year, a few smart financial moves can help you boost cash flow, build momentum, and gain more control over your growth strategy. 

Here are three actionable finance hacks to help your business make the most of Q3. 

Review Payment Terms: Shorten Receivables, Extend Payables 

Cash flow isn’t just about how much you earn—it’s also about when you get paid and when you pay others. 

Shorten your receivables: 
If your customers are paying you in 30 or 60 days, you’re carrying the cost. Consider: 

• Offering a small discount for early payment (e.g. 2% for payment within 7 days) 

• Automating invoicing and reminders 

• Setting firmer terms upfront for new customers 

Extend your payables: 
Work with suppliers who offer longer terms or more flexible repayment schedules—especially for large orders or inventory. 

These shifts can unlock thousands in working capital, without any external funding required. 

Leverage a Chattel Mortgage to Free Up Cash 

Need a new vehicle, tools, or equipment? Don’t pay upfront. 

A chattel mortgage allows you to: 

• Own the asset from day one 

• Spread the cost over time with structured repayments 

• Claim the GST upfront (if you’re registered) 

• Access tax deductions for interest and depreciation 

This is especially powerful in Q3 when: 

• You’ve got fresh financials on hand 

• You need to keep cash available for marketing, hiring, or restocking 

• You want to secure the asset now but pay as you grow 

Many lenders approve chattel mortgages within 24–48 hours—especially when arranged through a broker. 

Refinance Old Debt to Reduce Repayments 

If you're still managing loans from earlier years—or holding onto high-interest equipment finance—you might be paying more than you need to. 

Refinancing can: 

• Reduce your monthly repayments 

• Consolidate multiple debts into one 

• Improve your credit score through better repayment history 

• Free up cash for new projects 

Whether it’s an old business loan, vehicle finance, or an expensive overdraft, we can help assess if there’s a better deal on the table. 

Bonus Tip: Don’t Let Q3 Drift 

It’s easy to think of Q3 as the “quiet middle” of the financial year. But smart operators know it’s the perfect time to course-correct before Q4 gets busy. 

If you want to improve your business’s financial position, boost growth, or prepare for a new opportunity—now’s the time to act. 

Let’s Make It Happen 

At Thrift Capital, we help businesses improve their financial position with smart, fast solutions: 

• Finance for assets and equipment 

• Debt refinancing 

• Guidance for new ABNs or early-stage businesses 

Check-out our Pre-Approval Checklist or 
Speak with a broker to explore your Q3 finance options. 

Top 5 Loan Myths Debunked

Confused by all the loan advice out there? You’re not alone. Let’s set the record straight.

Why This Matters

Whether you’re applying for a vehicle loan, equipment finance, or working capital, there’s no shortage of “advice” online. Unfortunately, a lot of it is outdated, misleading—or just plain wrong.

At Thrift Capital, we help business owners and entrepreneurs navigate the finance world with confidence. So today, we’re clearing up five of the most common myths we hear every day—and giving you the facts to make smarter decisions.

Myth 1: “You need perfect credit to get approved.”

Truth: A less-than-perfect score doesn’t disqualify you.

While credit history matters—especially for unsecured loans—it’s only one part of the equation. Lenders also consider:

• Cash flow or bank statements

• Business stability

• Loan purpose and security

• Industry experience

Plus, we work with specialist lenders who are open to low-doc and new-ABN applicants, even with limited credit history.

Myth 2: “I can only get a loan if my business has been trading for over 2 years.”

Truth: New businesses can get finance too.

Many think they need years of tax returns to qualify. But lenders now offer finance options for:

• Startups

• Sole traders with new ABNs

• Side hustlers going full-time

If you have solid industry experience, a clear loan purpose, or asset security (like a vehicle or machine), you can likely get approved.

Myth 3: “All lenders are the same—just compare rates.”

Truth: Not all loans—or lenders—are created equal.

Rates are important, yes. But so is:

• The speed of approval

• Flexibility of repayments

• Ease of document requirements

• Pre-approval conditions

• Balloon options or seasonal structures

Some lenders are better suited for your industry, cash flow, or equipment type. That’s why working with a broker makes a real difference.

Myth 4: “Applying for finance will hurt my credit score.”

Truth: Not always—and not if you do it properly.

Multiple applications with the wrong lenders in a short time can hurt your score. But when you work with a broker:

• Your application is strategically placed with the right lender

• We often start with a soft credit check or pre-assessment

• We avoid unnecessary rejections

Bottom line: one well-placed application is far better than going it alone and hoping for the best.

Myth 5: “If I got rejected before, I won’t get approved now.”

Truth: Rejection isn’t final—and it’s often fixable.

Many applicants get declined simply because they:

• Applied with the wrong lender

• Had missing documents

• Didn’t structure the application clearly

We’ve helped dozens of clients who were previously rejected get approved within days—just by matching them with the right lender and repackaging the deal.

Final Thought: Know the Facts Before You Apply

Finance doesn’t need to be complicated, but it does require clarity.

By knowing what lenders actually look for—and avoiding the common myths—you can make better decisions, access better deals, and save time (and money) in the process.

Need Help Navigating Your Options?

 Talk to a Thrift Capital broker today.