Commercial Loans can be anything whether you are looking for finance to do the operations of business or property development, franchise purchase or any vehicle or equipment finance etc
We have a reputed and dedicated lenders who does commercial loans in our panel.
We do obligation free consultation to find a suitable commercial loan as per your needs and requirement.
Document requirements vary based on the type of commercial loan you need. For example, the documents needed for our low-doc commercial loan will differ from those required for our Lease Stream product.
Asset and equipment finance
We can work through all the way in getting a Asset loan and make it quick and hassle free. We have few lenders in our panel they work out the best deals if you’re looking for a new car, used car or even a car for your business
With best loan interest rates and finance solutions for self-employed (low-doc), people with bad credit or those who need help financing older vehicles – they can help with your loans
Our lenders take a practical approach to your loan application. In most cases, we will need to meet standard requirements such as bank statements and proof of income. In other cases, we can be far more flexible with our free-thinking finance solutions to help those with unique circumstances.
Whether you're self-employed, have poor credit or a low-deposit and you're in the market for a car, contact us today to see which option suits to for your loan.
1. SECURED BUSINESS LOANS
Secured business loans require you to provide a business asset that you already own as collateral security for the lender in return for providing you with the funds you need. Secured loans can be a good option if you don’t qualify for an unsecured loan due to your credit history.
However, it’s important to understand that if you default on your secured business loan repayments, the lender can seize and sell your asset to recover any outstanding debt.
Secured business loan interest and associated fees and charges are tax-deductible against your business income, provided the asset is used in your business.
2. FINANCE LEASES
Finance leases allow you to rent a business asset for a specific time period. Ownership of the asset remains with the lender, but you get to use it for the lease term and you’re usually responsible for any costs of maintaining it.
3. OPERATING LEASES
An operating lease is similar to a finance lease, except that the asset owner (the lender) is responsible for the costs of any asset maintenance.
A hire purchase agreement involves you hiring the business asset from the lender for an agreed term. When you make your last hire payment, the ownership of the asset transfers to your business.
5. NOVATED LEASES
A novated lease can be taken out on a new business vehicle as part of a tax-effective salary packaging arrangement for you or your staff. Ownership of the vehicle remains with the lender. Repayments are deducted from you or your employee’s before-tax salary.
6. CHATTEL MORTGAGES
A chattel mortgage is another option for financing a new business vehicle. It involves a lender providing you with a loan that is secured against the vehicle via a mortgage.
Like any secured loan, the lender can repossess a vehicle under a chattel mortgage arrangement if you default on your regular loan repayments. When you have repaid the loan in full, the lender releases the mortgage.