Solutions

What is the right loan for me?

When you’re starting or growing a business we can work with you to provide the best combination of finance options to suit your different needs.

Getting started

Often you will need a combination of different types of financing. This may include cash flow management options like credit cards and overdrafts, leasing or equipment finance for your vehicles, or premises' fit out; and longer term finance for new business acquisitions, capital investment, and seasonal finance.

The important principle here is to match the length, or term, of your loan to the life of the asset you’re buying. That way the asset can pay for itself out of the earnings it generates.

So first you need to decide how quickly you can repay the loan.

I can pay it off quickly, say within 60 days

In this case our short term finance options may be suitable. Short term financing is generally used for cash flow and day to day operating expenses.

For more information on short term finance refer to Managing my cash flow.

I won’t be paying it off quickly

Then long term financing is generally used to fund assets which contribute to your business’s profit over a number of years e.g. land, buildings, or the business itself. 

How do I pick the right long term finance option?

We have a number of long term finance options to meet a range of needs. We can help you in researching your long term finance options. However, when looking at the products you should consider:

• The minimum loan amount available - will it match your needs?
• The loan terms available - will it match the life of the asset?
• Interest rate and the cost of the loan - is it the most cost effective for you?

Review your options

• Long term finance comparison table
• Business finance rates.

What about my needs as a primary producer?

We have a full range of products designed for the needs of primary producers. As well as having access to all the long term loans above you also have the option of the following specialised products:

• Agribusiness One
• Agribusiness Finance.

What about my needs as an importer or exporter?

As an importer or exporter, you can face particularly challenging times financially because of the time lags and bureaucratic delays of international trade. We have a range of trade finance options to help take the pain away.

Review our Trade Finance solutions.

We also offer a series of Going Global workshops which show you how to have greater financial control when you’re doing business internationally.