We have been helping new Perth businesses and established business obtain business finance for over 25 years. If you are not sure where to start or too busy for time consuming Loan Application we can help. We can also help if you or your business is considering a merger, acquisition or management buy-out.
Our experienced team of finance consultants can guide you through the process. Peel Finance Brokers have a large range of lenders on our panel which give us more options to assist your specific financing needs.
Business Loans FAQ
What is a business finance broker?
A business finance broker is a professional who helps businesses find the most suitable loan product for their needs. They have access to a wide range of lenders and can help you compare different loan options to find the best one for you.
Why use a business loan broker?
A business loan broker can save you time and money. They can provide you with expert advice and help you navigate the complex loan market and save you from making costly mistakes. They do this by researching the loan market, negotiating with lenders and helping you find the best option for your business.
Are business loan brokers worth it?
Yes, business loan brokers can be a great resource for businesses. They can save you time and money by helping you find the best loan product for your needs. They can also provide you with helpful advice and guidance throughout the process.
What types of business loans can I get?
There are a variety of business loans available, including secured and unsecured loans, lines of credit, overdrafts, asset finance, and more. Your business loan broker can advise you on the best option for your business.
How long does it take to get a business loan?
The length of time it takes to get a business loan can vary depending on the type of loan and the lender. Generally, it can take anywhere from a few days to a few weeks. Your business loan broker can help expedite the process.
What is the interest for a business loan in Australia?
The interest rate for a business loan in Australia depends on a variety of factors, such as the type of loan, the amount borrowed, the loan term, and the creditworthiness of the borrower. It can range from 5% to 25% or more. Your business loan broker can provide you with more information based on your specific needs.
Who is eligible for a business loan in Australia?
To be eligible for a business loan in Australia, you must be an Australian citizen or permanent resident and be able to provide evidence of income. You must also be able to demonstrate that your business is viable and able to repay the loan. Your business loan broker can help you determine your eligibility. You may need to provide financial documents such as tax returns and financial statements.
Whatever Your Business Finance Needs, We Can Help
Peel Finance Brokers have a wide range of business lenders offering very attractive rates and terms on Business Finance. Consultants in the group have collectively over 150 years of banking and finance experience and it is with this knowledge we are able to assist all types of businesses with the finance they require. We can arrange business loans with no ongoing service fees and no annual reviews.
A Business Loan can be exactly the step a new business needs in order to grow and become successful. The difficulty is, many banks have strict rules and criteria for who and how much they will lend to new businesses. We have seen many business owners frustrated by not being able borrow the finance they need in order to achieve the growth and success they are capable of.
We understand that many businesses may not have the time and resources to put together the necessary information in order to make their loan application successful. That’s where we come in. We work on your behalf to exhaust the options that you may not be aware of. Not only do we understand what it takes to obtain a successful Business Loan in Perth we can put together the required paperwork to help see your goals for expansion become a reality.
It’s critical that business loan applications demonstrate a clear purpose and demonstrate not only why but how they for see their plan taking shape. To this end we have assisted hundreds of small business owners with new startups or expansion financial needs or requirements. We work closely with some of the top local accountancy firms who specialise in business plans and cash flow forecasts which are critical to a successful application.
Peel Finance Brokers Help Matt and John Secure A Business Finance Solution
Matt and John have been thinking about starting a business together in candle-making. Matt works full time with a reputable firm and John works part-time and is pursuing his long time hobby as a business. They both own properties with mortgages, (residential security) which they offered as collateral for the business loan.
We were able assist the clients with a business overdraft to buy the necessary stock to get the business off the ground, and obtained approval up to 100% of their security value. Security value – Mortgages = business loan approved limit. This was done with no accountant prepared tax returns just on cash flow lending basis and strength of applicant’s application of the new business.
We Can Help You Find a Business Finance Solution that Works for You