Business Loans
At Star Finance Group, we're mortgage brokers assisting clients across Australia in expanding their businesses and acquiring equipment through business loans.
At Star Finance Group, we're mortgage brokers assisting clients across Australia in expanding their businesses and acquiring equipment through business loans.
Credit Score: Both personal and business credit scores are considered.
Business Age: Lenders typically prefer businesses that have been operating for at least 1-2 years
Revenue: Demonstrated consistent revenue and profitability.
Collateral: Depending on the loan type, collateral such as real estate, equipment, or inventory may be required.
The approval process can vary depending on the lender and the complexity of the loan. Traditional banks may take several weeks, while online lenders can often provide approval and funding within a few days.
Term Loans: Lump sum of money repaid over a fixed period with regular payments.
Lines of Credit: Flexible funding option that allows you to draw funds as needed up to a predetermined limit.
SBA Loans: Loans guaranteed by the Small Business Administration, offering favorable terms and rates.
Equipment Financing: Loans specifically for purchasing business equipment, where the equipment itself serves as collateral.
Invoice Financing: Advances on outstanding invoices to improve cash flow.
At Start Finance Group, we understand the importance of accessing flexible and tailored financing solutions to support your business growth. Whether you’re expanding your property portfolio, upgrading equipment, or investing in a new business venture, our business loans provide the capital you need with competitive terms and personalized service.
