Commercial Loan

  • Same Day Fast Approval!
  • Loans up to $5,000,000
  • No Credit Checks
  • No Business Financials
  • Bad Credit can be Accepted

Commercial Loan

If you’re in the market for a commercial loan, BizLoansFast Business Finance has some great products to offer.

BizLoansFast is Australia and New Zealand’s fastest short-term business lender. With the ability to have commercial loans approved, and fully funded within 24 hours. It is a privately owned and funded business which means that every dollar BizLoansFast lends is its own, we don’t have to get approval from any third parties before we approve can your loan.

So, what exactly does BizLoansFast offer as commercial loans and why might you need us?

The simplest way to describe what we do is that firstly we only loan funds for genuine commercial business needs or commercial investment. Secondly, we only offer secured loans, and those loans are secured against real estate owned by the borrower.

Fast commercial loans

If you’ve dealt with some other lenders, you’ve probably experienced the way they do things in their time frames and on their terms. This can be extremely frustrating for clients when they need speed of service. That’s why when we started in this industry in 2004, our number one determinate was to see if we could consistently, from first contact, to the depositing of funds, complete the process in 24 hours. And we’ve achieved this.

Keeping it simple

At the first team meeting we had sixteen years ago, apart from isolating speed of process as vital, we also realised how much, busy, under pressure business owners appreciate simple procedures in applying for a loan. So, guess what? All we need is four things to get your loan approval rolling.

 

  • Fill out our 60 second online application form (we’re not joking, it takes 60 seconds)
  • Provide a mortgage statement for the property or properties you want to use as security
  • Forward us a recent rates notice
  • Provide the ID of each applicant

 

If you want to speak to us in person just ring 1300 852 150

We mainly offer two simple products

Ever felt like in applying for a loan, you needed a degree in finance just to figure out the loan products? Well, we avoid all that.

We offer Short Term Commercial Loans; these are also sometimes referred to in the finance industry as bridging loans or caveat loans. The key ingredients of this type of loan are:

 

  • You can borrow from $20,000 to $5,000,000
  • The loan term can be from 1-6 months
  • You make no repayments during the term of the loan
  • We don’t ask you to provide any cash flow records or business financials
  • You can repay the loan early without penalty
  • We can complete the process and have funds in your account in 24 hours

 

This type of loan structure is helpful, if the business owner needs funds, but only for a short term, 1-6 months. And also doesn’t want to put pressure on their cashflow by making repayments during the life of the loan.

Then we also offer Interest only Second Mortgage Commercial Loans. Which has slightly different conditions.

 

  • You can still borrow from $20,000 to $5,000,000
  • But loan terms can be from 12 months or longer, extended without extra fees
  • You make only interest only payments each month
  • We don’t need any Tax returns or BAS statements to approve your loan
  • And again, full funding can be processed in 24 hours.

 

This type of loan is great if, as a business owner, you need funds quickly, and just want to pay back the interest only for 12 months or more, using as much of your loan for the purpose it was intended—funding your business needs.

As you can see both of these loan structures are a little different and thus will suit different types of borrowers with different needs.

For personalised assistance in applying for a BizLoansFast loan, or simply if this article has sparked your interest and you would like more detail, contact one of our friendly team on 1300 852 150.

Same Day Fast Approval!

  • As long as your loan is for a recognised business purpose or commercial investment, you have sufficient equity in real estate you can nominate as security, and you have an exit strategy to finalise the loan—either selling an asset, refinancing, or a major cash event in your business, BizLoansFast can approve your loan.
  • To get started now, fill out our 60 second online application, send us a recent mortgage statement, and rates notice, and your ID—or simply call us on 1300 852 150.

Loans up to $5,000,000

  • BizLoansFast are designed to meet the needs of a wide variety of business growth opportunities, emergencies and fund any amount from $20,000 to $5,000,000.
  • Whether it’s a short-term business loan (also known as a caveat or business bridging loan) or a 1st or 2nd mortgage we have you covered.
  • If you’ve been knocked back by traditional lenders, for any number of reasons, contact BizLoansFast and experience a market leading, fresh, innovative approach to funding your business needs.

Frequently Asked Questions

The speed with which a loan will be approved, and funds deposited into your account. BizLoansFast can complete this process in 24 hours.

How much documentation will you have to provide and what will be the cost of sourcing it? Paying valuers to conduct costly valuations on your business and having your accountant generate and collate numerous financial statements, cash flow history reports, and asset and liability statements just to apply for a loan is costly and inefficient. All BizLoansFast needs is a rates notice, a recent mortgage statement, your ID, and our 60 second on-line application filled out and we get to work approving your loan.

With bank loans you can often be looking at lengthy approval and loan processing times. They make it clear from the outset you will be operating on their timeframes, not them reacting to your needs. They often request an onerous amount of documentation? They snail mail contracts back to you, taking 2-3 days? They send cheques or deposit funds via internet transfers that take time to clear? Banks were born centuries ago and some still operate like they’re still there!

With an online business loan from BizLoansFast approval letters on loans are issued in 2 hours via email! Once accepted we issue loan contracts in 4 hours! No property or business valuations, no tax returns, no financial records required from you. Once approved your funds are transferred to your account immediately! Our whole process takes 24 hours from start to finish, and our consultants keep you, informed at every moment of the process—we’re here for you—not the other way around!

At BizLoansFast we think we’ve made our loan application the simplest and easiest to complete in the industry. Because we only secure your business loan against real estate you already own and you don’t make any payments on the principal loan amount during the term of the loan, we don’t need multiple statements and records regarding your business. We understand that what you need to focus your time on is your business and not completing lengthy loan applications.

Literally all you need to get a BizLoansFast loan application underway is to either call us on 1300 852 150 or:

 

  • Fill out our 60 second on-line application
  • Send us a rates notice
  • Send us a recent mortgage statement for the property you are nominating as security for the loan
  • Send us the ID of anyone applying for the loan.

In business, speed and efficiency can be everything. Often business owners need to pivot, be nimble and act decisively. Sometimes this means having medium to large amounts of funding at your fingertips to take advantage of a commercial opportunity or avert a cash crisis.

Super-fast service understandably comes at a premium, and at BizLoansFast we recognize you are coming to us for a time effective solution, not just a rate.  We have a variety of loan structures to suit your needs. Whether it be a short term business loan, (also known as a caveat or bridging loan) or a fast second mortgage loan. Our team will react to your application and can pre-approve funding in 2 hours, we can email loan contracts in 4 hours, and have funds in your account RTGS payment instantly. We’ve built our reputation on efficiency and speed of service and will find you a solution to meet your timeframe.

At BizLoansFast our upfront fees are low, and we are transparent in disclosing them. We are not here to waste your time promising you the world as some other lenders do, and then request high fees be transferred to their account before they fund your loan. You should be extremely wary of any lender requesting this, as the costs of processing a loan application just do not warrant it.

Any fees associated with your loan are clearly shown in simple language and you will know exactly what they will be.

BizLoansFast is a founding member of A.S.T.L.A the Australian Short Term Lenders Association and adhere strictly to fee disclosure charters we helped draw up. When borrowing money short term, we advise you only deal with an accredited member of A.S.T.L.A.

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