Financing For Small Businesses
A business loan broker can help figure out the correct type of finance for your business, and follow it through to application and settlement. After gaining an understanding of you and your business, we can suggest the best type of business finance to get you the funds you need. We can then recommend specific options in that space that we believe will suit you best. We cant help all businesses, but we can help most businesses that have been trading for 2+ years, with $200k+ annual turnover and a good credit history on the directors.
A Business Broker can help you understand the different types of finance.
|Which business we can help:|
|ABN & GST Registered for 2+ years|
|Turnover over $200k p.a.|
|Good credit history on directors|
|Where we cannot help:|
|Start up businesses|
|Purchasing of existing businesses|
|Poor credit history (can do private R/E secured loans)|
|Products we deal with:|
|Equipment finance. Most assets financed up to 5 years.|
|Secured loans (resi) up to 30 years at 80% LVR|
|Commercial loans: 15 - 30 years at 75% LVR|
|Private lending: 1 -2 year term at 70% LVR. Fast turnaround.|
|Unsecured loans: 1.2x monthly turnover, 1 - 2 year term. Fast turnaround.|
|Unsecured loans: 5 year term based on P&L and full assessment|
|Debtor finance facility|
Our business loan broker cannot help with: business banking, eftpos facilities, bank guarantees, credit cards, unsecured overdrafts.
Business Loan Broker FAQ:
Why use a Small Business Loan Broker?
We aim to be a one-stop shop for your needs. After gaining an understanding of you and your business, we can help you with a wide variety of products and solutions.
How many lenders do you deal with?
Whilst we have access to over 25 lenders, different lenders only allow us access to certain products, giving us a different array of lenders for each product. Nevertheless, we can still talk to lenders on your behalf, and if the best lender for you isn't one we can deal directly with, we're happy to give you this information and refer you onto their business banker.
Do you only service Brisbane?
We can do small business loans all over Australia, often helping you over the phone. Our Small Business Loan Broker is however based in North Brisbane, and as such can service all surrounding areas in person: Albion – Alderley – Ascot – Aspley – Bald Hills – Banyo – Boondall – Bracken Ridge – Bridgeman Downs – Brighton – Brisbane Airport – Carseldine – Chermside – Chermside West – Clayfield – Deagon – Eagle Farm – Everton Park – Fitzgibbon – Gaythorne – Geebung – Gordon Park – Grange – Hamilton – Hendra – Kalinga– Kedron – Keperra – Lutwyche – McDowall – Mitchelton – Myrtletown – Newmarket – Northgate – Nudgee – Nudgee Beach – Nundah – Pinkenba – Sandgate – Shorncliffe – Stafford – Stafford Heights – Taigum – Virginia – Wavell Heights – Wilston – Windsor – Wooloowin – Zillmere.
Are there any fees to recruit a small business loan broker?
The vast majority of our products are paid for by the lender. If there is anything payable by you, it will always be disclosed.