Specialist Business Loans Broker for Melbourne Victoria

Commercial lending brokers provide a wide range of assistances and services to operators. The range of services may vary with different brokers but many offer a complete credit sourcing service. This can include sourcing quotes from across many lenders, dealing with negotiating rates and conditions, handling the paperwork and liaising between lender and client through the entire process.

Yes. Most brokers operate primarily by phone, email and utilising online resources. This provides access to services to enterprises across the entire state and nationally. In person interviews are rarely required as documents, applications and other paperwork can be handled electronically.

Many brokers operate at a national level so where goods are located and where the buyer is located do not have a bearing on the credit products and services available. It is quite acceptable the usual process to use the same broker for credit for purchases in many states and territories.

A commercial credit broker may offer a full selection of credit products for many purposes or may specialise in a particular area. Products available through brokers include for buying assets such as cars, equipment and trucks and general commercial credit including overdrafts, secured and unsecured credit and specialist options such as Insurance Premium Funding.

Yes. All kinds of set-ups and sizes of enterprises can use brokers to source commercial funding. This includes ABN holders, sole traders, owner operators, SMEs right up to large corporate concerns. Some brokers will offer access to non-bank lenders that provide options for operators without financials.

Most brokers will offer services to source business vehicle funding. The applicant must have an ABN to be eligible for commercial funding and the vehicle must meet ATO guidelines as business asset. The credit products for vehicle purchases included Leasing, Chattel Mortgage and Commercial Hire Purchase.

Yes. Most brokers offer equipment funding solutions. The industry and type of equipment may determine the most suitable broker. Some brokers do specialise in particular industries. Finding a broker that offers services for equipment in all industries may suit the purpose.

When sourcing finance themselves, many operators can face a time-consuming process to contact many lenders to obtain sufficient quotes to identify the best option. Brokers can quickly access many lenders and obtain the most suitable option much faster.

Yes. Most brokers will handle refinancing deals for all types of existing credit arrangements and purposes. Reviewing the services provided by specific brokers can confirm they have the capabilities to handle the requirements.

Many brokers will provide services across all states, regardless of where their own offices are located. Banks and other lenders offer nationally-based credit products and the same interest rates and products are available. So there should be no issues with the same broker handling commercial funding across multiple states.