Get Started

Compare 60 lenders in under 2 minutes

Loan Amount
Credit Score

This won't affect your credit score

Business Finance

Business Loan Broker Australia – Finance Broker

A broker for commercial loans has become an integral for commercial owners and operators. With the emergence of new commercial lenders on the financial scene, the tightening of lending restrictions by some of the major banks and time pressures on people, sourcing cost-effective, tailored financial solutions for asset acquisitions and other purposes can be challenging for commercial operators to handle themselves.

Business Finance Business Loan Broker Australia – Finance Broker
How much do you want to borrow?
Get Free Quote
Credit Score

This won't affect your credit score

Comparison
Comparison Interest Rates Across Our Finance Portfolio

Refer to our handy and comprehensive interest rate chart to compare the rates we are currently achieving and offering across our loan portfolio. Compare the repayments on Chattel Mortgage with Leasing, Rent-to-Own against Leasing, see what your repayments may be on a general secured or unsecured commercial loan. It’s free to use and essential in your asset acquisition and lending tool kit. For a firm quote, contact us with your brief.

Loan Amount Loan Term
Loan Product Interest Rate Monthly Repayment
{{Loan Product}} {{From - Advertised Rate}}
{{Rate Type}}
${{Payment Amount}}
Monthly

Disclaimer: This chart displays the interest rates that are currently being offered by commercial lenders for different types of loan products. The purpose in providing this resource is to allow users to compare loan types. Use of the calculator is not a form of loan application. Generating a repayment estimate does not indicate a loan offer. A repayment estimate does not indicate approval of a loan application. All lender and broker fees and charges have not been formulated into the computations. Any lending offer made to you may be at a different interest rate and have a different repayment from the values shown in the table.

17 May

Today's best rate

Finance Equipment From

4.99 % Fixed

* The interest rate is calculated on a secured loan for commercial use, effective 17/05/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.

17 May

Today's best rate

Finance Equipment From

4.99 % Fixed

* The interest rate is calculated on a secured loan for commercial use, effective 17/05/2024 and subject to change. Warning: the interest rate is only true for the examples given and may not include all fees and charges. Different terms, fees or other loan amounts may result in a different interest rate.

Why
Why Use A Finance Broker?

We save time, a lot of hassle and have the ability to tap into lending sources which are only accessible by the industry.

Our services are available to all sized businesses. You don’t need to have a huge operation to access professional broker services. In fact, small commercial loan Australia lenders will undertake bargaining power and research all the options and resources.

Utilizing a Broker to Facilitate Asset Loan Applications

Services
Financing Broker Services

A broker provides commercial venture with an independent, financing-sourcing service. Commercial brokers are accredited with a selection of banks and lenders, referred to as their lending panel. The financial institutions must accept each broker and extend the accreditation to access their lending facilities on behalf of their clients.

Depending on individual brokers, the services include:

  • Take your brief as to your requirements and objectives.
  • Canvass their lending panel for quotes for your loan.
  • Utilise industry-only lenders.
  • Negotiate on behalf of their client to achieve the cheapest interest rate and the most attractive loan terms and conditions.
  • Present the client with a quote and on acceptance, will proceed to finalise the finance contract and in some cases, assist clients with the paperwork.
  • All broker fees and charges must be disclosed to the client. Fees may vary.
Expert Services for Business Cashflow Loans

Benefits
Commercial Loans Broker Benefits

Establishing a great working relationship with your preferred broker for your commercial venture can be an extremely valuable asset.

  • Access to a greater range of lender options which translates into more choices and the cheapest deals.
  • Access to industry-only lender sources not available to the general public.
  • Saves time by handing over the task to an independent broker that is working only in your interests.
  • Saves the hassle of having to contact numerous providers, study the quotes, compare terms and conditions, negotiate on rates and deal with a load of paperwork.
  • An independent broker is working in your best interests so they have the flexibility to tailor your finance to suit your requirements not necessarily meet strict guidelines as imposed by the banks.
  • The expert and professional brokers have significant bargaining power in their sectors of operation. Those who conduct significant transactions with certain lenders may have more opportunities to negotiate a better deal than if you attempt to do so yourself.
Advantages of Using a Commercial Loans Broker

Process
Choosing a Broker for Your Venture

There are many companies offering finance brokering services and it is important that you select the individual or company that you consider will best deliver the outcomes you need.

Here’s a few tips on selecting a broker:-

  • Specialist experience in your industry is preferable but not essential.
  • Accreditation with many banks and lenders. The greater the number of accreditations and the quality of those lenders, is a sign of the high regard that broker is considered in the industry.
  • Experience in financing the category of goods/assets you require a loan to acquire. For example, home mortgage brokers tend to specialise in home mortgages but are not experienced in loans and other commercial finance.
  • The broker must be licensed with ASIC as a credit licensee. This is essential and you need to ask for their Australian Credit Licence (ACL) which you can verify through ASIC.
  • Member of the FBAA (Finance Brokers Association of Australia) is preferable.
  • Being located in your geographical area is not essential as broker services are predominantly conducted by phone and email.

We can connect you with highly professional brokers which tick all the selection criteria above.

Calculating Interest Rates for Commercial Loans

Get a free quote.
Request a free finance quote by phone or online

Request a complimentary financing quote.
Acquire a Commercial Financing quote

FAQs
Financing Broker FAQs

When requiring a loan, commercial operations have the choice of either handling the process themselves or engaging the services of a professional lending broker to undertake the task on their behalf. Apart from saving you time and a lot of hassle, a finance broker brings many other key advantages to the process. We’ve address a number of poignant questions here so you are fully across the role of a broker. To discuss your lending requirements, contact us today.

The role of a financial consultant is primarily to advise individuals and enterprises on issues around their finances. They may advise, guide and manage matters in regard to superannuation, investments, accounting and others. The role of a finance broker is to source and structure loans on behalf of clients based on the brief provided.

No. The role of the broker is to source the cheapest and most appropriate funding offer from across a selection of many lenders based on a briefing and directions from the client. Directions which would include which particular loan type was required. The task is to source the most appropriate offer that meets the client’s requirements as indicated. The choice of the most appropriate product – Chattel Mortgage, Leasing, Rent to Own, CHP, Secured Loan or other, is dependent upon accounting issues and objectives of the enterprise. The broker would encourage clients to discuss choice of finance product with an accountant.

No. The broker will source offers from across a selection of banks and lenders and present the offer to the customer. The customer remains in control of all decisions when engaging with these services. The customer may accept or reject any offer made by the broker.

It is usually not necessary to select a broker that is located in the same region as the client. Many operate on a nationwide basis and provide services to all areas from a head office location. Discussions are handled by phone, email and other online communications. Documents, including quotes and offers may be exchanged via email and other electronic document exchange and transfer systems.

Yes, depending on the scope of services offered by a particular brokerage firm. Brokers can provide services to both individuals and all types of enterprises. These include sole traders, owner-operators, partnerships, corporations and micro enterprises.

The range of services offered by brokers may vary. Those services may include sourcing funding options for customers with bad credit. When requiring bad credit funding, customers may consider source a service that does offer or specialise in this area.

The range of funding products offered by a business-focussed service may specialise in a specific area such as motor vehicle loans or asset funding or they may offer the full range of options. This full range includes, but may not be limited to, Chattel Mortgage, Leasing, CHP, Rent to Own, Overdrafts, refinancing Secured and Unsecured Funding with options for Low Doc and No Doc and bad credit. Some may also offer specialised products such as Insurance Premium Funding and Debtor Invoice Funding.

Not necessarily. Some commercial funding brokers may also offer home loan options. Home loan consultants typically specialise in sourcing funding in the housing sector and are accredited with banks and lenders that offer that type of funding. Those operating in the commercial sector will have accreditations with lenders that specialise in that area of funding.

Yes. The motor vehicle lending sector is one of the largest and most competitive in Australia. Broker-style lending services assist source the most appropriate offers from across the vast lender selection. Products offered would include Chattel Mortgage, Leasing, Commercial Hire Purchase and Rent to Own.

Services offered by brokers can vary. Clients can review the range of services offered by different firms to ensure their needs are included. Those needs may include equipment and machinery funding, loans for motor vehicles and trucks, refinancing, complex restructuring funding, general support and others. Clients may also consider the geographical locations covered to ensure they will receive the appropriate level of service. Ensure the company is large enough to handle the needs quickly. Ensuring the company has specific experience in the industry or sector of operation may also be a significant benefit.

Brokers have accreditation with banks and lenders. That means they have been approved by that lender to source lending from them on behalf of their clients. The number and range of accreditations will vary. Those with a greater selection including specialised lenders, may provide greater choice and better prospects to source cheaper offers.

Using a broker-style service can save customers time, not add more time to sourcing funding. They have the resources and expertise to quickly cover a large number of lenders to identify the one that is currently offering the most appropriate rate and option to suit individual needs. Sourcing and comparing quotes and offers from multiple lenders can take individuals a significant amount of time. Brokers can carry out this process much faster and with greater expertise. They may also have access to specialist lenders that work only at an industry level and not directly with customers.

Yes. Most brokers will provide refinancing as part of their service offering. Refinancing involves replacing the existing funding arrangement with a new loan. Refinancing may be provided for equipment and machinery funding, heavy vehicles, motor vehicles and for other commercial funding needs and purposes.

Yes. The role of brokers is to handle all the communications and negotiations with lenders on behalf of their client. This includes sourcing quotes and offers that best meet the client’s requirements. When presenting the offer, they should explain the details in terminology that is understood by the client. The client then makes an informed decision around accepting any offer and proceeding or not.

Our Lenders
Trusted by 60+ lenders Australia-wide

Westpac
Liberty
Automotive Financial Services
Macquarie
Finance One
Commonwealth Bank
Pepper Money
Morris
National Australia Bank
RACV
Get Capital
Prospa
Grow
Selfco Leasing
Scottish Pacific
Our Lenders

Trusted by 60+ lenders Australia-wide

Westpac
Liberty
Automotive Financial Services
Macquarie
Finance One
Commonwealth Bank
Pepper Money
Morris
National Australia Bank
RACV
Get Capital
Prospa
Grow
Selfco Leasing
Scottish Pacific