is big business.
97.4% of businesses in Australia are 'small business'. We think it's time your livelihood was given the attention it deserves.
To say that small business is the backbone of Australia's economy is an understatement.
The latest figures show that a whopping 97.4% of businesses operating in Australia are small business. Given this, we think that it is fitting that the Home Loan Comparison Co acknowledges that Business and Commercial Loans are something that a vast majority of our clients could use a hand with.
How we help Small Business Owners
Business and Commercial Loans can be tricky to navigate. You are focusing on your core business, which may be nothing to do with finance, for example; farming, hairdressers, property development, tradies or consulting. Businesses which have their own pressing daily needs attended to. Going to the bank and laying out your financials for the lender to scrutinise can be an overwhelming thought leaving your plans stuck in the 'too hard' basket.
The Home Loan Comparison Co will guide you.
We believe that small business is tough enough to juggle and that something so important as your livelihood should be something you can rely on solid advice for.
From purchasing a commercial office or factory, to fitting out a new restaurant, expanding your current business into a new location or purchasing a business outright, the Home Loan Comparison Co can help you with all your Business Loan needs.
Needing funding for your business assets? A commercial loan is an umbrella term for loans which are used to buy business assets. Whether you need to buy anything from commercial premises to stock to funding to expand your business, or specialised industrial equipment - this is where you start. Let's talk business.
Business Loans & Overdrafts
A form of the Commercial Loan, a Business Loan is used for specific needs of the achieving business goals. Funds from a business loan would be used for purchase of stock and business equipment whereas cash flow needs are addressed through an ongoing Overdraft facility, helping the Business Owner manage funds through the ebbs and flows of incoming and outgoing payments.
This facility assists primary industry business owners such as farmers, to purchase specialised equipment for the purpose of running their business. There is flexibility in the way that the loan is structured in order to allow for the diverse seasonal cash flow that is prevalent in agricultural business. The Overdraft Facility also supports the primary industry business owner by providing a pool of funds to draw on as required.