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WE WILL BE IN TOUCH!

Business loans can be complex, so we’ve assigned a dedicated expert to assist you in securing the best loan deal for you!

Keep your phone handy—we’ll be reaching out to you today!

Do you know your credit score?

Knowing your credit score is a key factor in determining what interest rate you will pay on any loan you take out – whether personally or for your business.

It will also impact how much you can borrow.

Understand your credit score and report.

See what you bank statement spending means to lenders.

Information required when applying for a loan

Minimum requirements for a small business loan in Australia are:

An ABN

a GST-registered business

permanent citizenship or residency

a business operating For a Minimum time of six months

business bank Account statement

If you require more than $150,000, you will also need to provide:

profit and loss statement - (provided by your accountant)

ato portal access (Both ITA & ICA)

To make a quick and accurate assessment, you will often need to provide:

the Ownership structure of your business

the location of your business

the sector your business operates in

your monthly and annual turnover

how long you have been operating

how much you wish to borrow and for what term

details of the asset you wish to purchase

how you will use the funds - i.e a business plan

personal details - especially where you are required to provide a personal guarantee

To increase your chances of approval, your business plan should illustrate:

how the funds will increase revenue for your business

financial projections for the business if approved for finance

details of business expenditure and how you plan to successfully repay the loan

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