Our client initially reached out to us to get some additional funding on top of his existing loan to invest more in his business for this EOFY. With existing loan on hand, he knew he had a slim chance of getting a new loan at a better term.
Through our extensive network of lenders, Broc Finance was able to get the client funded for $125,000 by refinancing his existing $100,000 loan within just 48 hours. Compared to the client’s previous loans, not only he was able to get additional funding of $25,000 but also got the previous loan refinanced at a massive 10% cheaper rate. The client was amazed that we were able to achieve his desired funding while reducing the financial weight on his shoulders, which he thought was impossible.
At Broc Finance, we always try to go the extra mile to get extraordinary results for our customers!
If you have a scenario to discuss, feel free to contact us or get an indicative quote.
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With the advent of technology, the small business loan application has become simple and paperless without any hassle to take any printouts. All you need is to submit some basic details related to your business by completing the online application form and last 6 months bank statement of your business through a secured link provided by us. Additional documents may be requested depending on the type of small business loan you are applying for.
To get an unsecured small business loan, you need to meet some basic qualification criteria such as:
Traditional Banks do offer small business loans, but they always maintain a strict and lengthy screening process which makes it a difficult and time-consuming process for a small business owner.
Opposed to Banks, there are various non-bank lenders and fintech companies who specialize in providing business loans to small businesses. Broc Finance is dedicated to assist small businesses with an easy and streamlined process to obtain a small business loan through its panel of non-bank cash flow lending partners with possibilities of financing within 24 hours. Please get in touch to know more.
Getting a small business loan with bad credit history could be tough and expensive; however, it’s not impossible. We have tie up with lenders who are happy to look at businesses and give them a second chance who had bad credit history in the past but have robust cash flow at present. Please get in touch with us for a free consultation.
At Broc Finance, we endeavour to get the most adequate facility suitable to the business requirements of our clients. In most of the cases logged in through us, we try to get an indicative offer from the lender for our client’s consideration before proceeding with formal application and consent to credit check. This approach helps our clients to avoid unwanted rejections and credit checks which can significantly impact their credit score.
We would be happy to answer, if you have any other questions. Please contact us.
Contact us today and discover how our expertise can help your small business thrive.
CALL US
1300 253 041
EMAIL US
enquiries@brocfinance.com.au
Broc Financial Services Pvt Ltd.
ACN 648 088 304
Credit Representative number 540795 is Authorised under Australian Credit Licence Number 389328