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It’s that time again…
Tax time is upon us, the June 30 jitters are hitting both PAYG individuals and SME business owners across the country with the major difference this year in comparison to 2020 and 2021 being the Australian Taxation Office’s shift from COVID-19 mode to collection mode....
Recent High Court ruling on asset lending, brokers & investors beware!
In March the High Court of Australia handed down its findings in a matter predominantly concerning unconscionable conduct in relation to a private loan written by a lender who did not take into account or consider the clients ability to make loan repayments. The case...
New Options for SMEs
The last 2 years have been, unusual, to say the least. SMEs have never had it tougher. Banks and other lenders were already beginning to tighten up their lending criteria in the wake of the Royal Commission, and then COVID hit. We’re now starting to see the light at...
Collapse of 2 Tier-one Construction Companies
The recent collapse of two tier one construction companies, Probuild and Condev, sent shockwaves through industry and the community generally. In the context of the post COVID-19 world however, it wasn’t necessarily unexpected that the serious headwinds accumulating...
Pay It Foward
At the start of August, amidst what was the sixth Victorian lockdown, we launched Pay It Forward. The idea was simple enough, during August and September we would give away $5,000 to an SME each month. They could be from anywhere in Australia, and would be nominated...
One Heart
For the last 13 years, One Heart have been empowering entire communities and transforming the lives of vulnerable children. Their message and mission is simple; if we are to give a true hand up rather than just another hand out, we need to change the traditional...
Oak Capital to give away $5k to SME
The non-bank lender is calling on brokers to nominate SMEs that have been hard-hit by COVID-19 to go in the running to receive $5,000. Oak Capital has launched a new initiative that aims to support small and medium-sized businesses impacted by the COVID-19 pandemic....
Oak Capital are proud supporters of the Mercy Health Foundation
On Father’s Day, 2019, my world changed forever. My second son, Harvey, was born in a hurry, 3 months premature and very ill. It’s world-shaking news for any parent, and I can tell you, it is a feeling like you can never imagine – nor do you want to. With his birth...
It’s a brand new day at Oak Capital
When did you start Oak and what has been the progression to date? Oak Capital was originally formed in 2013 with 4 original partners that were already operating another small private lending company. Winding back the clock further, in 2006 I setup Resicom Financial as...
Meet Australia’s Newest Non-Bank Lender
This month saw the launch of Australia’s newest and truest alternative lender – and it’s a name you might already know… A brand new lender… On March 31st at Vue de monde in Melbourne, Oak Capital relaunched as Australia’s newest alternative non-bank lender, the...