Business Loans
Good finance is good for business.
Financing your business with one of the many different products available across Australia’s commercial lending market is less about borrowing money, and more about making an investment in your business success.
Whether you’re starting up, sustaining success, or wanting to make the most of new opportunities, the right finance can help fund the growth you’re looking for. With so many lenders, and so many products under each of their brands, it’s important you make the most of this choice when it comes to who and what you choose when funding your business.
Reasons to borrow for business.
There are many ways the right finance can help contribute to your business growth.
You’re looking to expand.
It’s not just about larger premises or new property. Expansion can mean new equipment, more staff, marketing, or diversifying your business into other areas. When conditions are right, and opportunities present themselves, finance can help realise these opportunities.
Getting your inventory right.
Having enough stock on the floor when you know you’re about to get busy can be tricky. You may need to buy your inventory before you get a chance to sell it. Having the right finance means you’ll be ready to make the most of new trends and seasonal demands.
Keeping the cash flowing.
Cash flow is vital for any business. There are finance products that can be used to give you capital or equipment to grow, while maintaining the funds you need to meet your day-to-day expenses.
You need new equipment.
This is one of the most common reasons to get finance. An equipment or vehicle loan can be structured to preserve cash flow and also leverage any tax benefits your accountant or tax adviser may suggest. And because the equipment is the security, you may not need to use other assets, either personal or business, as collateral.
Time to refinance your business loan?
Business lending can be a highly competitive market, with new products and lenders entering the market all the time. This means you can make the most of these new options to obtain finance that suits your needs more, or offers more competitive terms or structures that better align to your business.