Small Business Loans in Australia
Best small business loans in Australia For Your Company
Small Business loans in Australia are available from $20K to $5M and are available for an business purpose. Whether you are a business owner looking for opportunities to expand your organization or need some assistance with the cash flow, small business loans from HomeSec are the perfect solution. There are fundamentally two types of business loans which are unsecured and secured. A secured small business loan which is secured by available equity in a residential or commercial property. An unsecured loan does not need any collateral however, the interest rates are much higher than the secured option.
What are the eligibility criteria for the Small business funding from Homesec Business Funding?
The eligibility conditions to get small business loans in Australia from HomeSec are as follows.
- Registered ABN or ACN
- Sufficient equity in real estate
- Exit strategy
What is the process of getting small business loans from HomeSec?
You can borrow from as little as $20K to as much as $5M, depending on available equity. The total amount you can borrow from us depends on the equity available in any residential or commercial property offered as security. Now let us check out the process of getting the small business loan in Australia from Homesec Business Finance.
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Application for small business loans
First, fill out the online funding application, which will not take more than 3 minutes. You will also have to submit a copy of the current rates notice and mortgage statement relating to the security property along with photo ID. One of our friendly staff with then contact you to run through the process and ask any qualifying questions.
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Time for Small Business loans Application Processing
Once you have applied, the HomeSec team will review the information provided and review all your documents. We will issue you with a conditional approval document for consideration, and if acceptable funding can occur in as little as 24 hours. HomeSec is well-known for faster small business loans in Australia within 24 hours, we will not be beaten on speed and service. We will transfer the approved amount directly to your account in real time, no waiting for funds to arrive.
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Repayments
The repayment structure of a small business loan from HomeSec is either 1 – 6 months, with capitalised fees and interest which results in no monthly repayments. Alternatively there is a 12 month loan with interest only payments, this can be extended on expiry if required. The repayments are either capitalised or paid monthly, whichever suits the cash flow of the business most. HomeSec provides flexible repayment alternatives and all loans can be extended beyond the original loan term.
What are the various fees and interest rates of business Loans from HomeSec?
HomeSec provides various ranges of interest rates for small business loans in Australia, which are dependent available equity in the security property offered. The more equity the lower the rate. The interest rate for the business funding from HomeSec Business Finance start from as little as 1.5% per month and the loan structure is based around the clients’ requirements. There is no obligation once an application is lodged, and we do not preform a credit report unless an offer of finance is accepted.
How do the small business owners use the funds from HomeSec in their Company or Business?
HomeSec Business Finance helps to fund business for the following purposes.
- Paying any outstanding invoices
- Hiring for additional employees
- For marketing and advertising purposes
- Buying stock
- Buying a business truck or car
- Improving the cash flow
- Expanding and renovating the business
- Purchasing a new or updating the old equipment
Why is HomeSec the Best Option for Applying for Small Business loans in Australia?
Homesec has been in business since 2004 and offers fast small business loans from $20K to $5M for any business purpose and funds can be in your account in as little as 24hours. HomeSec is completely different from its competitors due to the borrowers’ massive support, helping them get easy access to fast business loans. HomeSec is an alternative to many banks and work with the business owners to find a suitable funding option that works for them and not Homesec. Homesec has become one of Australia’s leading business loan lenders with a Google Review rating of 4.5 out of 5.
So, if you need a business loan for your company or business, get in touch with one of our experts and talk to them about your requirements.
Our Customers
Homesec came to the rescue when another short term lender would not let me extend my existing loan. Homesec paid them out and then allowed me to extend until I was in a position financially to pay them out. They are fair and flexible which is exactly what I was looking for.
Richard - Business Owner from QLD
The team at HomeSec are genuinely helpful and a pleasure to deal with. The online application app is very easy to use. Initially you only need to enter the minimal amount of information into the app to get a fast response from one of the BDMs. This is good news when I get busy. Highly recommend HomeSec.
John Cooper
Dealt with Vince Bolger for some urgent finance for a customer. His knowledge and his after hours response allowed me to find a quick finance solution for my clients and I was able to provide an awesome outcome/solution. Thanks Vince for your help and guidance.
Matthew Sharlassian
HomeSec where easy to deal with and understood the needs of small business the application process was simple and quick i couldn’t be happier with them
Melanie Davis
Vince from Home Sec was so easy to deal with. This was my first experience with this organisation. Simple process, easy for my clients to navigate their process. Will definitely be using them again if need be.
Brad Frost
Homesec is the go to funder for our clients’ short term funding requirements. Thoroughly professional and they deliver on time every time. Private funding can be a minefield so its god to know there’s one you can trust.
John Brice
Excellent people to deal with. Proactive, Commercial and Understanding. Highly recommend Paul, Jason and the rest of the HomeSec team for your private lending needs
Paul Dubois
I have been dealing with HomeSec for some time and always find them professional, prompt and fantastic to deal with
Peter Cook
Superior effort from the staff at HomeSec. Had my loan approved within a day with no problems. I Highly recommend their services.
Leon Mand
It was a pleasure working with HomeSec right from the beginning. They act with integrity and are very transparent with the service they provide. I would highly recommend using HomeSec Business Finance to anyone.
Courtney Cochrane
Dealing with Vince and the team at Homesec is always a pleasure, experts in their field, quick to answer any questions, clear communicators. If i could give 6 stars i would!
Anthony Bacic
