Invest in the future with business loan.
Just started your business in Australia and need an extra injection of cash for the day-to-day running? Or, has your company been growing and you need to take it to the next level?
Consider taking an unsecured business loan to optimise your business finances. You can get up to $250,000 in an unsecured business loan quickly and painlessly.
Unsecured Loans – No Collateral
The first thing to know about an unsecured business loan is that you don’t have to provide collateral such as your property or assets. This type of loan is provided on the basis of how much credit is in your business, thus an amount is lent based on your monthly cash flow. It also means that your personal assets cannot be repossessed, in the unlikely case of default on your payment.
Less Limitations, More Freedom
- More Money
- Faster Approval Times
- Easily Accessible
- Extra Flexibility
It comes as a surprise to most Australian small business owners that they can secure a higher loan amount than from a traditional secured loan. Why is this? Simply because secured business financing can be limited by the value of the assets used to secure it. When this limitation is removed, and with a good credit history, you can receive more funding than you initially expected.
Get Your Money Quickly
You’ll also receive the loan quicker so it’s business as usual, you can keep moving forward with no delays. Unlike secured business loans, there is no appraisal of assets required before getting the loan approval. Make your application online, rather than meeting with bank managers and executives. It’s not unheard of to receive your initial funding within just a few days. If your paperwork is in order, it can be processed quickly.
It’s also easier to get an unsecured loan for your business. This comes as another shock to small business owners that we speak to from all across Australia. Small to medium businesses don’t have months to wait around for a boost in finance when it’s required and unsecured loan lenders like MaxFunding understand this. You simply fill out the forms and get pre-approval. If you have your supporting documentation to hand, our expert team can review and approve promptly, ensuring you get the credit when you need it most. No headaches!
No Waiting Around
Flexibility is another key part of an unsecured business loan. Having cash on hand when you need it can provide great peace of mind in a slow month when you need to make unexpected repairs or pay some outstanding invoices. Repayment plans are tailored to your needs and you can agree on payments that make you comfortable.
Finally, it’s great to have a lender on your side here in Australia. Make your repayments, handle your unsecured loan responsibly and the lender will always be willing to finance you in future. Then, your business can grow and grow, secure in the knowledge that you can fund your dreams.
Find out how much you can borrow in an unsecured loan by calling 1300 411 411 now to speak to our experts at MaxFunding, supporting small businesses across Australia.