Commercial/Business Loans

Vehicle Loan

Commercial Business Loan

Whatever your business needs, a finance broker can help you get approval for the most appropriate and cost-effective solution.

Small business owners who need money to expand, invest in new equipment or smooth out their cash flow often head straight for the bank. However, just as we, at Finance Point can draw on a wide range of options to help you find the right home loan, so we can help you source the most suitable loan for your business needs.

Poor cash flow can prevent a business from expanding or result in its being unable to cover its bills on time or pay staff. Unfortunately, it’s a familiar circumstance for small business owners across the country. And that’s where we can help! We can assist you with identifying the type of finance that’s best suited to your circumstances and give you options on lenders and products. We can work with you to tailor a financing solution that protects your cash flow and allows your business to take advantage of expansion opportunities.

Commercial or business finance refers to a range of financial products and loans designed for businesses. We help business owners to get business loans for:

  • acquiring or opening a new business/franchisee
  • purchasing or developing a commercial property
  • equity release

Here are three of several reasons why you might want to consider talking to a Finance Point broker next time you need a business loan.

  1. Access to a wide range of products

    A banker is usually limited to the products and services offered by their own bank whereas we have more options to consider. At Finance Point, we have access to more than 35 different banks and specialised lenders for loans, and the variety of products and solutions they offer include:

    • fixed or variable term funding for commercial property
    • business loans
    • construction and development finance
    • asset/equipment finance
    • chattel mortgages
    • franchise funding
    • commercial bills
    • cash flow funding for specialist industries such as pharmacies and accounting practices
    • inventory and debtor funding
    • Invoice financing
    • funding solutions for working capital finance

    There are organisations that specialise in loans for everything from shop fitouts and light commercial vehicles to advertising screens.

    A Finance Point broker will consider all the options available to them before coming up with a tailored solution.

  2. An ongoing service

    With more than 2 million small businesses in Australia, there’s high demand for personalised loan advice.

    Finance Point brokers work closely with their clients to develop an overview of a business including its history, current challenges and plans for the future.

    Businesses are constantly changing. A Finance Point broker can help you anticipate peaks and troughs and suggest finance solutions that could help you create more stability.

    We will usually check in once or twice a year to ensure your finance solutions are still in line with your requirements.

    When you include a Finance Point broker in your team of trusted advisers, they can help you stay on the front foot. You’ll be better placed to plan out your future rather than react to change as it happens.

  3. Taking care of the application process

    At a meeting hosted by the Reserve Bank of Australia in September 2018, the message from the Small Business Finance Advisory Panel was that many small businesses can find it challenging to access finance.

    In this environment, the application process is particularly important. Finding the right information can be very time-consuming but, if you rush through it, you’re reducing your chance of having the loan approved.

    A Finance Point broker can take care of the whole procedure, ensuring that the information is complete and correct.

    We can also highlight positive aspects of the business by providing background information you might not think to include. Finance Point brokers work with lenders every day so we know what they’re looking for, and we also negotiate on the client’s behalf.

A Finance Point mortgage broker can help position you as an attractive borrower to lenders, while finding the best bank for your home loan refinance.

To find out more about getting started on your application, contact us today.

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