Business Franchise Australia

TRUSTED GLOBALLY FOR OVER 30 YEARS IN FRANCHISING

Business Finance Products Explained

There are two main types of finance for any business, often seen as the opposite sides of the ledger, they are Debt and Equity.

Equity is the cash or capital that has been invested into the business, usually in return for a share of the business ownership. Debt is money that has been borrowed and needs to be paid back, typically along with some interest and or fees.

Phil Chaplin is the Chief Executive Officer of the CFI Finance Group, a specialist finance company servicing Australia’s franchise, accommodation, and fitness sectors as well as small businesses more broadly.

Phil has over 20 years’ experience in providing finance to businesses across Australia and New Zealand and has managed finance companies in the private and banking sectors, he is a former chair of the Equipment Finance division of AFIA.