Short Term Business Loans | MyLoanFinder.com.au

April 3, 2017 admin No comments exist

MyLoanFinder.com.au can now offer short term business loans up to the value of $500,000 for existing business owners. Whatever your reason for a business loan, MyLoanFinder.com.au can help with a short term business loan through MAX Financial Group Pty Ltd.
As a business owner, you will know the ups and downs associated with your business. Sometimes, you may need a extra funds to assist with expansion into a new business area or you are awaiting payments from customers which is putting stress on your cash flow.
Go to https://www.myloanfinder.com.au/short-term-business-loans/ to follow the link to a simple 3 step process to pre-approval for your short term business loan.

Short term business loans

Short Term business Loans – Criteria

Secured

Loan Range: $1000 – $500,000
Term: 1 – 36 months
Eligibility: Loan for business use, own a registered motor vehicle or real estate property
How much can I borrow: 50% of vehicle trade-in value, up to 75% of property value (metro)
Interest Rate: As low as 0.60% per month (IO or PI)
Features: Pay off loan early to save interest
Suitable for: New or established business, builders or any other business
Documents required: Drivers license, car registration/council rate, last 2 months bank/mortgage statement

Unsecured

Loan Range: $1000 – $200,000
Term: 1 – 12 months
Eligibility: Trading 6+ months, cash/credit sales of $6000+ per month (shown on bank statements)
How much can I borrow: 40-50% of monthly sales e.g. Average monthly sales = $100,000, approval usually between$40-50K
Interest Rate: As low as 3% per month (PI)
Features: Pay off loan early to save interest
Suitable for: Existing cafe and retail businesses, service providers
Documents required: Drivers license, last 6 months of business statements, last 6 month of merchant statements

Ready to apply?
Go to https://www.myloanfinder.com.au/short-term-business-loans/ to follow the link to a simple 3 step process to pre-approval for your short term business loan.

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