Business Loans
Grow your business and purchase essential equipment with a Business Loan organised by a Finance & Mortgage Broker at The Funding Agency
Rated 5 from 134 Reviews
Rated 5 from 134 Reviews
At The Funding Agency, we understand that securing the right business loan can be pivotal to your success. Whether you're in Melbourne or elsewhere in Australia, accessing business loan options from banks and lenders is crucial for managing cash flow, purchasing property, or expanding your operations. Our team is dedicated to simplifying the application process, offering tailored solutions to meet your financial needs.
When considering a business loan, it's essential to evaluate the type of loan that suits your objectives. Secured business loans are a popular choice for those who can provide collateral, potentially offering lower interest rates and favourable terms. Alternatively, unsecured business loans are available without the need for collateral, though they may come with higher interest rates due to the increased risk for lenders. Business loans can be structured with either a fixed or variable interest rate, allowing businesses to choose between stability and the potential for lower costs if market conditions change.
Understanding the loan structure and repayment options is vital. Flexible loan terms can be customised to align with your cash flow needs, ensuring that you can manage repayments without strain. Options such as progressive drawdown and revolving lines of credit provide additional flexibility, allowing you to access funds as needed rather than receiving a lump sum upfront. This can be particularly beneficial when buying a business or purchasing equipment, where expenses may occur at different stages.
For those looking to cover unexpected expenses or enhance working capital, a redraw facility may be advantageous. This feature allows you to make extra repayments and access those funds later if necessary, providing a safety net for unforeseen costs. Additionally, flexible repayment options can be tailored to your business's unique circumstances, offering the choice between interest-only payments or principal and interest repayments.
The application process for a business loan typically involves assessing your financial situation and determining the appropriate loan amount. It's important to clearly outline how you intend to use the funds, whether it's for purchasing a property, buying a business, or addressing short-term cash flow challenges. Lenders will also evaluate your ability to meet repayment obligations based on your income and expenses.
At The Funding Agency, our expertise lies in guiding you through these decisions, ensuring you have access to business loan options that align with your goals. We work closely with a network of banks and lenders across Australia to find the most competitive rates and terms. Whether you're seeking a secured or unsecured business loan, our team is here to assist you every step of the way.
In summary, choosing the right business loan involves careful consideration of various factors, including interest rates, loan structure, and repayment flexibility. At The Funding Agency, we're committed to helping businesses throughout Melbourne and Australia access the best possible financial solutions. Contact us today to discuss how we can support your business ambitions with tailored lending options.
Start with a conversation with one of our expert Finance & Mortgage Brokers. We take the time to understand your financial goals and objectives. The broker will look to gain an understanding of your short term and long term plans.
To get started, we’ll request key information and documents such as income statements, bank records, and identification. Our team will guide you through the required paperwork to ensure a smooth process.
We conduct a thorough review of your financial situation like how a bank would. We assess your income, assets, liabilities, spending history and credit history. Based on this, we design a finance plan tailored to your needs, ensuring you maximise your borrowing potential and secure the most suitable loan structure. We will work with you to present the best possible options and discuss how your financial position impacts these options.
Once everything is in place and we have all relevant information and signed application documents, we will submit your loan application to the selected lender. We manage the process end-to-end, liaising with the bank or funder to ensure a seamless experience. We will keep you up to date with emails throughout the journey.
Once your loan is approved, we’ll guide you through the formal documentation process and the relevant steps towards settlement!
As settlement approaches, we coordinate with all relevant parties—your lender, solicitor, and other important parties—to ensure a smooth transaction. Once your loan is settled we will complete relevant checks to ensure that everything has been set up correctly (with your help)
Our relationship doesn’t end at settlement. We provide ongoing support through our **Customer Care Program**, helping you manage repayments, review interest rates, and explore refinancing or investment opportunities as your needs evolve.
AB
Alex Bogart King
I've done 5 or 6 refinances now through Dean and Bobby, easily the best in the business. If you're frustrated with the banks, go and see these guys... They are masters at navigating bank world and figuring out what's most suitable for you.
TM
Tayla McHale
Dean and the team were simply amazing. I approached Dean as I was looking to purchase my first home and had absolutely no knowledge of the process. Dean was very patient and made everything very easy to understand in turn making the process ...
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Oshani Withanage
Bobby and the team were extremely helpful, professional and accommodating in assisting me purchase my first home. Having them do all the heavy lifting made it a seamless experience for me which I’m grateful for. Would definitely recommend to all friends and family!
We provide a range of funding solutions, including development finance, residential and commercial property loans, business loans, and asset finance.
Yes, we provide private lending solutions for borrowers who may not meet traditional bank criteria, as well as tailored development finance for residential and commercial projects.
The timeline varies depending on the complexity of your application. Some loans can be approved within 24-48 hours, while larger or more complex funding may take longer
Interest rates and fees vary based on the loan type, risk assessment, and market conditions. Contact us for a personalised quote.
Eligibility depends on the type of funding you need. We assess factors such as financial history, creditworthiness, income, and project feasibility.
Yes, we offer pre-approvals to help you understand your borrowing capacity before committing to a loan.
Yes, early repayments are allowed on most loans, but some may have exit fees or break costs. We will outline any applicable fees upfront.
Typically, you’ll need identification, financial statements, tax returns, business plans (if applicable), and details about the asset or project you’re funding.
Yes, we assess applications holistically. While credit history is a factor, we also consider business performance, cash flow, and collateral.
You can start by filling out our online application form, calling our team, or booking a consultation to discuss your funding needs.
The Trustee for M2 FINANCIAL UNIT TRUST ABN: 82 394 905 612. Credit Representative #560421 is authorised under Australian Credit License #383640.
Disclaimer: This page provides general information only and has been prepared without taking into account your objectives, financial situation or needs. We recommend that you consider whether it is appropriate for your circumstances and your full financial situation will need to be reviewed prior to acceptance of any offer or product. It does not constitute legal, tax or financial advice and you should always seek professional advice in relation to your individual circumstances.
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