Business Loan Application

If you have or are looking to own a small business, you’ll know financing is crucial to its growth and success. Business loans are one of the most popular ways of securing funding to help you advance your business dreams. And if you want to buy a business but don’t have the funds, you’ll almost certainly need a loan.

These days, there are a range of avenues through which you can secure business financing. But applying for a small business loan through a financial institution online is becoming increasingly popular. Online loan applications often mean you get approved quicker – and save you endless visits to the bank.

What do I need to ensure a successful application?

If you’ve discovered the perfect business loan and want a speedy approval to kick-start your finance, you’ll want to be sure you’ve filled in and met all the criteria in your application. To guarantee a successful loan application, you’ll want: * A good credit rating * The right collateral * A feasible lending amount to cover your proposed expenses

And to avoid any unpleasant surprises, make sure you study the terms of your loan before signing any agreement. That way you’ll know the risks involved and can be prepared for any outcome.

If you want to apply for a business loan, submit your details below. A consultant will contact you shortly to help you through the application process.

Finance Enquiry

What can I do with a business loan?

A business loan can help you purchase or start up the business you’ve always wanted or expand on your existing business. A small business loan can help fund:

• A new business for sale
• New and improved equipment
• Renovations and expansions
• Employee training
• Advertising and marketing

Alternative small business loan options

There are plenty of ways you can secure financing for your business idea. In our Resource Centre, we’ve provided a comprehensive list of tips to help secure funds for your business. It’s best to look at a variety of ways to gain funds during your business purchase or expansion. Franchising and creating a partnership are just two ideas.

Franchising

Franchising is a good way to improve your chances of securing a business loan to expand your business without introducing too much risk. A franchise gives an independent individual the right to market and distribute your product or service using your business name and operating methods.

Creating a partnership

Another way to secure funding is through a partnership. A partnership is a business structure in which two or more people contribute money, labour and/or skills to a business and share the profits, losses, and responsibilities. Check out our detailed article about business structures, including partnerships.

To create a partnership, you’ll want an experienced investor with proven success who knows the risks of investment. They can be a silent or active partner who can supply funding in exchange for an agreed percentage of the profits.

But if you feel that a small business loan through a financial institution is the best option for you, get started on your application. Fill in the form above to get the ball rolling on your business goals today.