Call us today
1300 886 924
Call us today
1300 886 924
Lending for beginners provide insights, how-to’s and guides to starting your business finance journey. If you’re just getting started it can be pretty overwhelming.
But don’t stress, we’ll take you through the process one step at a time.
Before you start the formal application process, you should take 30 mins to evaluate whether you are ready to take out a loan. Understanding your current position will also help you to put together a more compelling loan application once you’re ready to go.
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Having the ability to service your loan (being able to make your repayments on time, in full) is one of the major factors that lenders will take into account when considering your loan application.
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With literally thousands of different loans available, choosing the one that best fits your needs can be likened to navigating a minefield. The type of loan that you apply for will depend on your business requirements, whether you have security or not, and the length of time you’ll need the funds for.
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You’ve taken the time to evaluate your position, considered whether you can actually repay the loan and have a basic idea of the type of loan that you need. You should now have a pretty good idea about whether you’re ready to borrow.
Full post...Disclaimer: The information published in this section is of a general nature only and does not consider your personal objectives, financial situation or particular needs. Where indicated, third parties have written and supplied the content. We make no warranty as to the accuracy, completeness or reliability of the information, nor do we accept any liability or responsibility arising in any way from omissions or errors contained in the content. We strongly recommend that you obtain independent advice before you act on the content.
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