Start-up business loan

  • Same Day Fast Approval!
  • Loans up to $5,000,000
  • No Credit Checks
  • No Business Financials
  • New business, purchsae of existing business or franchise purchases

Start-up business loans

If you’ve ever been in the position of having to source a start-up business loan for a new business or franchise you know how challenging negotiating the lending landscape can be. If the business has a well-known business model like a café in a very high traffic area, or a well-known franchise brand, getting approval can be a little easier than if your business start-up idea is a bit out of the box and unique. Banks and other traditional types of lenders can get nervous about business models that are unfamiliar to them and give you a lukewarm reception.

They also don’t know you, or your background of expertise. You might have an outstanding start-up idea, be incredibly qualified to put it into operation and have a great business brain to boot. But you can find yourself sitting opposite a loans officer that might have very little understanding of the industry you want to start-up in, they don’t want to take a risk and make a mistake—and you get a NO!

Well, there is a different avenue you can go down and it’s with BizLoansFast.

If you have a dream to start-up your own business and own real estate that we can secure a Small Business or 2nd Mortgage Loan against, then we can help you.

If traditional lenders aren’t prepared to back you, and you believe in the business idea you want to get started, sometimes you have to be prepared to back yourself. In a sense owning property effectively gives you the chance to virtually say “yes” to your own loan.

So if you feel like you’ve been hitting your head up against a brick wall of “no’s” with other lenders, you now know that at BizLoansFast, there’s finally a lender that can help you. Let’s give you a bit more information about our loan services.

Firstly, we act fast. We realised a long time ago that in business, speed is often of the essence. When a start-up business that may have been planned for months or even years finally finds the perfect premises to operate out of, or that dream team of employees is available, or the stock needed comes on the market at a great price, the business owner has to be able to act decisively and dynamically, and they need sufficient funds behind them to do that.

With BizLoansFast, from the time you first contact us via phone on 1300 852 150 or fill out our 60 second online application, we can approve a loan within 24 hours (on a business day) and have funds in your account almost immediately. The rest of the loan industry calls this super-fast; we call it the necessary speed required to get your business up and running.

So, to start an application and get on the road to a fast approval all we need is: A completed 60 second application form, a mortgage statement for the property or properties you wish to use as security, a recent rates notice and ID for you as the borrower.

How can the application process truly be this fast with BizLoansFast? Easy—we don’t require any financial statements, cash flow history, tax office records or business valuations. Incidentally all the things that new start-ups looking for a loan understandably find difficult or impossible to produce, because they don’t have any trading history yet, just and idea, and a business owner with a bucket load of enthusiasm, energy and ambition that wants to make their dream successful. In short, you!

Now we do have a couples of guidelines we have to adhere to:

The purpose of the loan from BizLoansFast has to be for a genuine business purpose or commercial investment, we think that’s fair enough.

Plus, there needs to be an exit strategy in place to finalise the loan at the end of its term. Either an option of refinancing, the sale of an asset or a significant cash flow event occurring in the new business. And our consultants are happy to work on determining this aspect with you one on one.

To find out what type of BizLoansFast loan might be the most appropriate for you to apply for, and the conditions around it, call one of our friendly and informed consultants on 1300 852 150 and we’ll get the ball rolling today.

BizLoansFast is authorised to lend amounts between $20,000 and $5,000,000 and is a founding member of the Australian Short Term Business Lenders Association as well as a number of other peak industry bodies.

Over the last 17 years since we approved our first loan in 2004, we have helped literally thousands of first-time start-up business owners bring their dream businesses to life, and we’d like to help you.

BizLoansFast—a name and track record you can trust

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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