Business Loans

Are you looking to purchase a business? Or perhaps you may be looking to grow your existing business? Or maybe you are looking to purchase new equipment or vehicles?

Unlike with residential home loans, where interest rates and fees can be found with a simple Google search, there is an element of mystery when it comes to business and commercial finance.

A Mortgage World Australia broker can help you unravel that mystery and find you the solutions you need using our revolutionary business lending platform.

Providing knowledge on Business LoansTypes of business loans

Our mortgage brokers can assist you with the following business loans –

Business Loans Fast Find

Frequently asked questions

Not sure? Have additional questions? Try here –

I want to purchase a franchise business. What percentage of the purchase price can I borrow?

It depends on the franchise and whether it is an existing business or a Greenfield (new). A number of lenders have a panel of accredited franchises but this panel constantly changes depending on the performance of the existing franchisees. As a general rule of thumb it is usually possible to borrow at least 50% of the purchase price of an existing business and in some cases up to 70%. If you have a property to offer as security then it is possible to borrow 100% of the purchase price.

Do the term loans you offer require annual reviews?

Some of the banks will review loans annually and will request updated financial information from you each year. We have solutions that don’t require annual reviews.

I already have motor vehicle finance in place for my business and I wish to upgrade the vehicle. Will I need to provide full financial statements to obtain a new loan?

We have easy upgrade finance solutions where if you have good history on your existing facility you may be able to obtain a new facility without going through the hassle of providing tax returns and financial statements.

I am a doctor and I don’t have time to jump through hoops to obtain finance. Is there a quick and easy solution for me to obtain finance to purchase plant, equipment and motor vehicles?

If you hold a current professional qualification as a doctor, pharmacist, veterinarian, architect, surveyor, lawyer, optometrist, dentist, chiropractor, accountant or engineer and you have been in practice for more than 3 years you may be able to finance plant, equipment and motor vehicles without having to provide tax returns and financial statements. This is subject to some other conditions also.

Need help? Give us a call.

Why not give us a call, or send us an email and get a direct response from one of our finance experts. We’d be happy to give you a hand and help point you in the right direction.