If your business sits still, it won’t succeed. Today’s business market is highly competitive, and to gain that competitive edge, your business needs to expand. Unfortunately, expanding a business requires such extensive cash reserves that the average business owner can’t afford to move. Getting a business loan for your expansion can be the solution.
Grow Faster With Business Expansion Finance
Business expansion comes in many forms, but all require some form of cash on hand to complete them. Whether you’re looking to expand into a larger facility, venture into international markets or just open a sister office in the next town, Australian Lending Centre’s business finance solutions can help make it happen. Business expansion supports the long-term health of your company, and as a locally owned and operated business ourselves, we strive to support business owners in our community.
If you need business finance, a certified specialist at Australian Lending Centre can give you the information you need to see if one of our business loans is right for you. Contact a specialist today by calling 1300 138 188 or Enquire now.
Private Lenders Better Than Banks
Although you might think going to a bank for your business finance loan is your best option, think again. Banks don’t have the same network of private funding options as private lenders do. In addition, banks have tightened their requirements which makes it really difficult to obtain finance. Lack of collateral and a few blemishes on your credit file can stop the bank loan process immediately—making it disappointing for a business owner who needs to grow. Even if they’re approved for business funding, owners can expect to pay higher interest rates, bank fees and be subject to loan terms that don’t work with their business’s financial needs.
The good news is that there is hope for business loans in Australia. Business owners willing to walk away from the traditional bank can get the private funding they need on terms that work for their business.
Use our calculators and find out how much you could borrow