Frequently asked questions

Yes. Every loan type page, guide and tool is free, and you don't need to enter any details to use them. You only give us details if you choose to enquire.

No. The comparison tool and the loan offer comparer run in your browser. Your answers aren't sent to us or anyone else.

Business loan pricing depends on the business, the security, the term and the lender's view of risk. A published figure would be wrong for most readers. We explain what drives cost and show you how to compare offers in total dollars instead.

No. Examples are illustrative and use made-up numbers to show how a structure works. Your own options will depend on your business.

Security. Unsecured loans rely on the business's trading and usually a director's guarantee, and suit smaller amounts. Secured loans are backed by property or an asset, which can mean larger amounts and longer terms, with more paperwork.

A term loan suits a one-off cost with a clear payback. A line of credit suits uneven, recurring needs where you draw and repay as cash moves. Many businesses end up with one of each.

When the business is waiting on unpaid invoices from other businesses. It advances part of the invoice value, so the limit grows with sales rather than with your property or balance sheet.

Not always. Finance secured on the equipment is often efficient for new items from dealers, but older, specialised or privately bought items may suit an unsecured or property-backed loan better.

There are several options: an ATO payment plan, a business loan to clear the debt, or a property-backed loan for larger amounts. Compare the total cost and the effect on cash flow of each before you choose.

Unsecured and cash-flow options for trading businesses typically run from $5,000 to $500,000, sized on turnover and bank statements. Property-backed business loans run from $20,000 to $5,000,000 against residential or commercial property.

Add up everything you'll pay, including fees and any balloon, over the time you'll actually keep the loan. Compare that dollar figure, then check repayment frequency, early payout terms and guarantees.

Not necessarily. A lower repayment often means a longer term, which can cost more in total. The loan offer comparer shows both the total cost and the monthly equivalent so you can see the trade-off.

No. There's no credit check when you first enquire. A credit check is only discussed once you decide to go ahead with a specific option.

No. One person works on your enquiry and matches it to options that fit. Your details aren't sprayed across a list of lenders.

Usually recent business bank statements, ID for the owners, your ABN and details of what the money is for. Property-backed loans also need property details. We tell you exactly what's needed once you decide to proceed.

Often. Past credit issues are considered case by case, and low doc options use bank statements, BAS or an accountant's letter instead of full financials. Be upfront on the form and we'll tell you honestly what's realistic.

Because it decides which option is suggested first. Accurate turnover, debts and property details mean the first answer is one that can be approved, not the start of a second round of calls.