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Business Lending

Business Loans Guide

Master business lending options. From unsecured loans to invoice finance—find the right capital solution for your growing business.

Types of Business Loans

Unsecured Business Loans

No collateral required. Based on personal guarantee, business revenue and credit history. Rates: 7.9% - 15% p.a.

Secured Term Loans

Secured against business assets or property. Lower rates, longer terms. Rates: 6.5% - 10% p.a.

Invoice Finance / Factoring

Advance against outstanding invoices. For B2B businesses with long payment cycles. Quick funding.

Cashflow Lending

Based on monthly transaction volumes and bank statements. No traditional profit/loss required. Fast qualification.

ABN Loans

Designed for self-employed and sole traders. Proof via tax returns, bank statements and ABN history.

Equipment Finance

Chattel mortgages for vehicles, machinery and technology. Asset serves as security.

Business Loan Requirements

Minimum Time in Business

6-12 months depending on loan type

Revenue Requirement

$100k+ annual revenue (varies by lender)

Documentation

Last 2 years tax returns, 3-6 months bank statements

Personal Guarantee

Usually required for unsecured loans

Business Structure

Sole trader, partnership, company or trust

Credit History

Assessed but not always disqualifying if turnover is strong

Business Loan Costs

Interest Rates6.5% - 15% p.a. depending on type
Establishment Fee1.5% - 3% of loan amount
Monthly Service Fee$50 - 150
Annual Review Fee$100 - 300
Early Exit FeeUsually $0 (unless interest rate product)

Invoice Finance vs Term Loans

FeatureInvoice FinanceTerm Loan
Use CaseUnpaid invoicesGeneral working capital
RepaymentAs invoices are paidFixed monthly amount
Funding Speed24-48 hours3-7 days
Cost0.5-3% of invoice valueInterest rate + fee
Best ForB2B companies, contractorsGeneral business growth

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