Startup business loan
What is a new business loan or start-up business loan?
As a startup ourselves, we understand many startups like yours’ are likely to struggle to access the finance you need to kick start and take your business to the next level. We love to help Australian entrepreneurs to get the loans they need to make their startup dream come true.
As the name suggests, a startup business loan is basically a financing method to provide you with the startup capital you need to turn your startup into reality.
Typically, startup business owners do not have enough business history to successfully obtain loans from banks in Australia.
Unlike traditional banks where they have a very strict and lengthy screening process for startup loans application and yet the chances of approval are minimal, your startup business loan application can be made simple at Broc Finance.
Generally, to be eligible for a startup business loan, you need to have an active ABN. There is no minimum trading time requirement.