Commercial Finance Brokers Brisbane

There are so many reasons why business owners love business loans. These include:

• The potential to borrow $10,000 or more for business use.
• Being able to contribute extra repayments with a fund redraw option.
• Making interest-only repayments on what you owe.
• The flexibility offered with loan repayment options.

Commercial brokers can help you grow your business and increase your chance of success. Working with an expert will give you benefits like:

•   Extensive experience in commercial lending,
•   Strong relationships within lender networks.
•   Over 30 lenders to choose from.
•   Representation of your business to your chosen lender.
•   Long-term client relationships.

Both help you secure a loan, but they’re not the same thing when it comes down to it. Key differences between the two include:

•   Constantly needing to explain your business due to high turnover in business banking.
•   The bank is number one – they put their best interests before your businesses when helping you secure a loan.
•   Your business growth can be restricted by the banks’ appetite changes in lending and policy.
•   The bank won’t spread your loan across multiple lenders to reduce your risk.