We don't just understand business loans, we are passionate about them!
While business finance is more complicated than a home loan, we love it.
With a strong background in business lending and commercial banking, it represents a passion.
Helping businesses grow and expand is something we can relate to; we have a business ourselves.
Does It Matter How Long I Have Been Trading?
The usual rule of thumb is that most lenders want to see two full financial years of trading.
Many lenders will look at 18 months, 12 months, or 6 months.
The longer you have been trading, the more options you have.
Cashflow And Working Capital
A common solution for many businesses is an overdraft, or as it is also known, a business line of credit. It operates like a pool of money that you can draw on at any time and make repayments as you need to. Interest will accrue on the amount you have drawn, not the total limit.
Cash flow is king when it comes to running a business.
Overdrafts can be exceptionally useful as a buffer to help with wages, operating costs, invoices or stock purchases.
Interest rates are often higher than a structured business loan, so it is not advisable to fund longer-term expenses.
Startup Funding
Starting or buying a business and not quite sure where to start?
It is a good thing you found us!
Obtaining funding for a new business or startup can be more involved than for an existing business.
The lender will want to see that you have a well thought out plan on how you will make it a successful business.
To help tell that story, you will need a few key documents:
- A business plan
- A cashflow forecast
If you’re not familiar with these documents, don’t stress.
We can assist you with templates and help provide some insight and guidance on preparing a business plan.
A good accountant can play a pivotal role in helping you put your cash flow forecast together.
Startup Funding
Is your business renting out a commercial property? Is your business growing and starting to outgrow the property?
Financing to buy a commercial property can be a valuable and strategic asset. In some cases having ownership of the commercial property, you operate from can provide great long-term security and wealth creation. For many business owners, it is a crucial aspect of their future exit or succession plan.
Commercial property does, however, operate differently from residential property, and the rules are different.
We can navigate you through the complexity and options to help secure the property.
A critical decision for many is deciding if the property will be owned by the business, a new entity or themselves personally. We are more than happy to work with your accountant and solicitor to ensure it is structured in your best interest.
Talk to the experts
Why Choose Us?
We put you first, not a bank
We are legally required to put your best interests first under Best Interest Duty Legislation. Not only do we comply, but we embrace this. We are family-owned, not banked owned.
Access to over 30 lenders
With access to over 30 lenders and hundreds of lending products, we can help find the right loan to suit your needs.
We are with you for the long haul
We aren’t here to just do a transaction; we are here to help you achieve your goals. We have your back every step of the way.
We come at no cost to you
We are here to help you keep money in your pocket, not take it out. We receive our payment from the bank that wins your business.
We do the hard work, so you don’t have to.
Getting a loan can be a complex process, so put the experts to work and let us handle it for you.