COMMERCIAL LOANS.

Are you looking to expand your business? Perhaps your current office is now too small and you’re looking to upgrade? Instead of forking out the cash from your savings, why not get a commercial loan?

What is the benefit of a commercial loan?

One of the key benefits of using a commercial loan over the cash reserves of your business is simply better cash flow management. The monthly repayments provides consistency and predictability to your projected cash flow, whilst not depleting your cash reserves should you require them further down the track. Suppliers are able to be paid and the business can continue to grow.

How can you qualify for a commercial loan?

Like a home loan, there are a number of factors that determine eligibility for a commercial loan, including available deposit, income, current liabilities, etc. However unlike a home loan the process can take a number of months before settlement, meaning that planning ahead is crucial.

Speak to someone who knows what they’re doing. Our team here at Ask a Broker are ready to assist you with you commercial needs, including approaching the lenders on your behalf, finding the ideal loan for your situation and guiding you through the process to settlement and beyond.