Business loans
Buying a business, funding growth or smoothing a seasonal dip. We match the loan to what the money is for.
Match the loan to the purpose
- Term loan. A set amount repaid over a set period. Suits buying a business, a fit-out or a one-off investment.
- Overdraft or line of credit. A limit you draw on and repay as cash comes in. Suits gaps between paying suppliers and being paid.
- Asset finance. For vehicles and equipment. See asset finance.
Using an overdraft for a long-term purchase, or a term loan for short-term cash flow, costs more than it should.
Secured or unsecured
Loans secured by property or business assets have lower rates and longer terms. Unsecured loans are faster and need less paperwork, with higher rates and lower limits. Directors are usually asked for a personal guarantee either way, which makes you personally liable if the business cannot pay.
What lenders want to see
- Financial statements and tax returns, usually two years
- Recent BAS and business bank statements
- Any ATO debt and whether a payment plan is in place
- What the money is for and how it will be repaid
Tourism, hospitality and agriculture in Tasmania run on seasons. We explain the pattern up front so a quiet winter is read as normal trading.
How we handle it
The same four steps on every loan, whatever the size.
Talk
A 20-minute call about what you want to do. No documents needed yet.
Compare
Your scenario priced across 40+ banks, mutuals and non-bank lenders, explained in plain English.
Settle
We package the application, lodge it and chase the lender through to settlement.
Stay sharp
Every year we check your rate against the market, so the loyalty tax never gets a grip.
Questions people ask
Can a new business get a loan?
It is harder without trading history. Options exist where there is security, industry experience or a purchase of an existing business with accounts.
How fast can a business loan be approved?
Unsecured loans can be quick. Secured loans take longer because of valuations and legal work. We tell you the likely timeline at the start.
General information, last updated November 2026. Scheme figures, lender policies and duty rates change, so confirm them before you rely on them.
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Let’s talk about your next move
Twenty minutes on the phone. No documents and no sales pitch.