TPT Wealth has approved additional funding for the Supported Affordable Accommodation Trust to help construct more new homes for vulnerable Tasmanians.
As a growing number of Tasmanian business owners will attest, big does not always equal better when it comes to securing essential finance for their business operations.
Experienced finance industry executive Bryce Harding has recently been appointed to lead a major expansion of TPT Wealth’s commercial lending business.
While the big banks are withdrawing from Tasmania, TPT Wealth is expanding its support for local businesses, with a goal to become the largest commercial lender in the state.
Ben Vanderkop, Senior Relationship Manager at TPT Wealth, explores some of the challenges and important factors to consider when applying for a commercial loan.