If you’re looking to expand your company or buy a competitor, purchase new premises or even if you’re waiting for Letters of Credit to come in, a business loan could be the solution.
What types of business loans are there?
Australian business loans can include low doc loans if you’re just starting out, or equity loans that allow you to access the ‘cash’ in your existing business.
The most appropriate borrowing option for you depends on your individual circumstances, the nature of your company, your existing debts, your business’ overall financial situation, why you need the business loan, and your borrowing timeframe.
For help finding the loan that is right for you, talk to a Choice Home Loans broker today.
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