We are excited to announce that Capita now has a broking presence in Melbourne, thanks to a new partnership between franchisees, Adam Donald and Sam Mitchinson.

Sam is a new Capita franchisee and broker, who will be breaking new ground by opening our first broking business beyond WA.

If you’re considering taking out a personal loan, then we’re glad you’re here. Okay, you might think we’re going to tell you to go for it, after all, we are finance brokers who help people secure loans for a living.

But, a personal loan isn’t always a good idea. Here’s what you need to know, if you’re thinking about taking one out.

Like any industry, the finance world has its jargon. We believe it’s important for people in Australia to understand the terms used to describe home loans and other products in the finance sector. This is why we’re taking a moment to look at the term borrowing power.

What does it mean? How can you benefit from it? And what can you do if your borrowing power is low? Read on to find out.