How Does a Business Loan Work?

Alright, let’s break down the essentials of a business loan, the lifeline for your business growth and day-to-day operations.

A business loan is your golden ticket to borrowing funds for purchasing assets or accessing working capital.

Whether you need cash for new equipment, stock, or expanding your operations, a business loan has got you covered.

Here’s how it works: Your business borrows a set amount of money and repays it, along with interest and fees, over a fixed term.

Typically, the loan amount you can borrow is tied to your business’s revenue level.

The more you make, the more you can borrow.

Here are the juicy details:

• Borrow anywhere from $5,000 to $2 million+: Need a little or a lot? We’ve got you.

• Loan Terms from 1 Month to 7 Years: Flexibility is key. Choose a term that suits your business's needs.

• Fixed Interest Rates Starting from 5.99% p.a.: Got excellent credit? Enjoy lower rates.

• Available to Businesses, Sole Traders, and Self-Employed Individuals: We cater to all.

• Use for Any Business Purpose: Stock up, gear up, or expand—whatever your business needs.

• Flexible Repayment Options: Weekly, fortnightly, or monthly repayments to match your cash flow.

You can get a business loan as a lump sum or as an ongoing line of credit.

A lump sum gives you all the funds upfront, perfect for big purchases.

An ongoing line of credit lets you draw funds whenever you need, up to your credit limit—ideal for managing cash flow fluctuations.

Ready to fuel your business growth with a loan tailored to your needs?

Book a free strategy call with me HERE and I'll answer all your burning questions and show you all the options you have available to you. I won't leave a trace on your credit file.

Otherwise, shoot me a text, if that's easier, on 0420 771 212