Empire Finance Brokers

Business Loans in australia

Business loans in Australia

The following business loans are currently available in Australia.

If you’re a small business owner who has been turned down for a loan by your bank, Empire Finance can help.  We have access to over 40 small business lenders so we are sure to find a finance solution for your business.

Bank Guarantee

The Bank Guarantees is provided by a lending institution and is used to guarantee payment to one of your debtors.  

They are commonly used to provide a guarantee for covering rent payments in advance when you lease commercial premises. Rather than providing your own cash, a lender will issue a Bank Guarantee in favour of your supplier or landlord.

Business Line of Credit

Business Line of Credit is a revolving line of credit based on an approved maximum limit.  This means that you can draw out funds anytime you need and only pay interest on the balance outstanding. 

This gives you greater flexibility in managing your cash flow, as there is no need to make set repayments.

Business Term Loan

A business term loan is a powerful financing tool that provides small business owners in Australia with the necessary capital to achieve their goals. With a business term loan, you receive a lump sum of money upfront, which you can use for various purposes such as expanding operations, purchasing inventory, or investing in marketing initiatives.

The loan is repaid over a fixed term, typically with regular installment payments. This structure provides predictability and allows you to plan your cash flow effectively. Repayments can be either principal and interest or interest only to suit your cash flow.

The business term loan may be secured against property or business assets, or unsecured. Generally, lower interest rates are offered on secured loans making them more attractive. Applying for a traditional business term loan can be frustrating as it can take a long time to get approved.  If you are looking for quick approval or have been declined by your bank, you might like to consider a Fast Small Business Loan

 

Caveat Loans

Caveat Loans are a great source of funding for small business owners. They can be used to start a business, fund expansion, complete renovations, or purchase equipment and stock.

If you’re a small business owner who has been turned down for a loan by your bank, caveat loans can help. If you have equity in a property you could get business funding approved the same day!

Commercial Property Loans

Commercial Property Loans are specifically designed to provide funding for purchasing or refinancing commercial properties, such as offices, warehouses, or retail spaces. With competitive interest rates, flexible repayment options, and loan amounts based on the property’s value, commercial property loans can help you acquire the space you need to expand your business.

Understanding the eligibility criteria, loan terms, and benefits of commercial property loans is essential to make informed decisions about this finance option. Contact us today to find out more!

are similar to Business Loans, however, they are usually secured by Commercial Property.

They can be used to purchase a commercial property to operate your business from or buy commercial property to lease out as an investment. 

Equipment Finance

Equipment finance offers small business owners in Australia a valuable solution to acquire the necessary tools and assets for their operations without upfront capital. Whether you need to upgrade machinery, purchase vehicles, or invest in technology, equipment finance provides the flexibility to access the equipment you need while preserving your working capital. With various options available, including leasing and equipment loans, you can choose the structure that aligns with your business goals and cash flow. 

Contact us today to explore the benefits and opportunities that equipment finance can bring to your business. It can allow you to fund up to 100% of the value of assets purchased for your business. When you buy a motor vehicle or plant & equipment, the asset provides the security for the loan.  This means that you don’t have to use your home or other property as security.

 

Invoice Finance

Invoice finance offers small business owners in Australia a powerful tool to improve cash flow and maintain a healthy financial position. With invoice finance, you can unlock the value of your outstanding invoices and access immediate funds. Instead of waiting for customers to pay their invoices, invoice finance allows you to receive a significant portion of the invoice amount upfront.

This enables you to meet your immediate financial obligations, invest in growth initiatives, and seize new opportunities. Say goodbye to the stress of late payments and uneven cash flow. Empower your business with invoice finance and ensure a steady and reliable cash flow that fuels your success.

Contact us today to discover how invoice finance in Ausytalia can transform your business. 

 

Overdraft Facility

This is a traditional facility still offered by the major banks. A limit is approved and added to your business transaction account.  This allows you to draw out funds anytime up to the approved limit.

An overdraft on your transaction account can help you manage your cash flow and seasonal expenses.

The facility may be unsecured or secured, depending on the amount, and the financial strength of your business. Generally, overdraft limits start at $20,000.

An alternative to the traditional bank overdraft facility is a small business loan or a Business Line of Credit.

Short Term Business Loans (secured loans)

Short-term business loans provide a fast finance solution by using property or other assets as security for the loan.

We provide a range of finance solutions to Australian businesses through our network of lenders. The loan must be predominantly for business or investment purposes, and you will need a strategy to repay the loan.

Loans are available up to $2,000,000 or more to approved applicants.

You can apply for a short-term business loan online. We will contact you if we need more information and will work with you one-on-one to get your finance application approved. If you would prefer an unsecured business loan, see Small Business Loans below.

Small Business Loans (unsecured and secured loans)

If you are looking for quick and easy business finance, a small business loan can help.

Our simple online application process can be done in 10 minutes.  Loans are available for any worthwhile business purchase, and we have over 40 different lenders to choose from.

Loans are generally available from $5,000 to $300,000, including up to $150,000 unsecured.  Unlike traditional bank loans, approval is based on your business history.  This includes recent monthly sales turnover and business credit score.  You may not even need historical business tax returns or financials to qualify.

The application is fast, easy, and obligation-free with funds available as fast as one business day.  Forget about applying to your bank and waiting 6 months for a decision. Our lenders are keen to provide business funding with affordable rates and conditions.

Find out about our small business loans in WA for a fast finance solution.

Unsecured Business Loan

The unsecured business loan is a great source of funding for small business owners.  If your business has been established for 3 months or more, you can get a loan approved based on your monthly turnover.  They can be used to fund business expansion, complete renovations,  purchase stock & equipment, or provide cash flow injection into your business.

Get started with a Prospa Small Business Loan $5,000 to $500,000 or call us on 0415 638 927