Looking to start or expand your own business? A business loan will help make your dream a reality.
Obtaining a business loan
Lenders understand that business loans are different from home loans. For example, business loans are not always used to purchase property. The differences mean that lenders assess business loans differently too. The National Consumer Credit Protection Act (NCCP Act) that generally applies to lenders when they lend to consumers does not apply to business loans.
The stronger your business and loan application, the more likely you are to get a business loan. It pays to be prepared with detailed information about the financial history of your business when applying for a loan. For example, do you have a detailed business plan with a profit and loss statement, budget and cash flow forecast?
Talk to your Made For You Finance broker today to discover what finance options are available to you.