If you are looking to buy a Franchise or start a business then you may require a business loan. The credit departments within the lenders have significantly tightened their lending criteria, particularly with reference to security requirements. Don't blow your chances of getting the loan and starting your new business by trying to put an under prepared loan application in via your local branch. If they don't understand how your new business will work then they will say "NO" to the loan application. FinanceTrain can help!
At FinanceTrain we have a close working relationship with a number of the lenders through their small business and franchising departments. We don't need to re-invent the wheel every time we start a new application, or teach our lender contacts about the value of the business.
One of the greatest hurdles to financing a new business is the loan security. Most banks require property security and only accept up to a maximum of 80% of the value of the property. The good news is that FinanceTrain has access to unsecured business lending up to $35,000. Click on the button below and complete our loans Infosheet to see if you qualify for an unsecured business loan.
As a part of our business loan service we provide you with our 'Business Starter Pack', which includes:
|Business Plan Tools and Assistance|
|Information On Trading Structures|
|Debt Analysis of Your Current Position|
|A Cash Flow Forecast Tailored to Your New Business|
|Veda Credit Check|
|Vehicle Sourcing Service Via National Tender|
All of this is designed to give you the best chances of success in your new venture, rather than just getting you a loan... and when you are ready to expand the business or buy that investment property, we'll be there to get that organised too. Get on-board with FinanceTrain!