Understanding small business loans
Making sense of my financials
A simple guide to help you understand your financials including balance sheet, profit and loss, annual view and interim statements.
How much can I borrow against my asset?
Find out your borrowing power when applying for a business loan, what assets are acceptable and what to do if you want to sell your asset before your business loan is repaid.
Can I ensure my business loan application is accepted?
What criteria do we use to approve business loan applications and how you can improve your likelihood of acceptance.
Do I need a guarantor for my business loan?
A guarantor for your business loan is needed if you don’t have an asset as security. A guarantor will meet your business loan repayments if you can’t.
What can I use as security for my business loan?
Learn about security and what type of asset is acceptable to secure a business loan.
What is the $20,000 small business tax break?
If you own a small business with an annual turnover under $2 million, you can claim an immediate tax deduction for selected business-related purchases under $20,000.
Can I sell the property I’m using to secure my loan?
If you’re using your property to secure a business loan, what happens if you want to sell it before you’ve repaid the loan? Will your lender allow you to sell your asset and what are the requirements?
Equifax credit check reports
The credit check service provides access to a comprehensive range of online credit reports which detail information on the credit worthiness of a company or business and its directors.