Business Loans

Want to grow and expand your business but not sure which financing option is right for you? We will help you understand the wide variety of loan types available and do all the legwork in sourcing the right business loan for you. Meet with a business expert today to discuss taking your business to the next level.

Business loans are generally used to fund business expansion, such as opening new premises, renovating existing facilities, or obtaining major plant and equipment. There are also business overdrafts, commercial lines of credit and other short term loans.

Business loans available in the market today generally require the borrower to put up some form of security such as the business or its premises and their own home.

Lenders often secure your assets in a process known as cross collateralisation. Their commercial business contracts are favourable to the lender, meaning often they have the ability to call in or close the loan at their discretion.

A better option where possible is to provide a residential property as security and have a business investment mortgage loan. This option can offer more flexible terms and significantly reduce the fees and interest rates charged.

Contact us to discuss the options in detail because at Best Value home loans we know business lending.