Unlock your business's potential with our commercial finance solutions. From flexible lines of credit and term loans to convenient overdraft loans, we cater to startups and established enterprises alike. Elevate your cash flow, fuel growth, and seize opportunities with tailored financing options designed to meet your unique business needs.
Start-Up Business Funding
Start-up business funding is crucial for entrepreneurs seeking to launch and grow their ventures.
Start-up businesses face unique challenges when looking for funding. With 25+ years of experience, and multiple lending options, our team will support and help you achieve both your short-term and long-term strategic business goals.
Line-of-Credit
A line of credit is a flexible financing solution that provides businesses with access to funds up to a predetermined limit.
Unlike traditional loans, borrowers can draw on the line of credit as needed, paying interest only on the amount utilised. This flexibility makes it ideal for managing cash flow fluctuations, covering unexpected expenses, or seizing immediate growth opportunities. With an established business, a line of credit can help you navigate financial challenges with ease. With various repayment options and competitive interest rates, it empowers businesses to make strategic decisions confidently while maintaining operational agility.
Term Loans
Term loans are a popular financing option for businesses seeking substantial capital for specific projects or expenditures.
These loans provide a lump sum amount that is repaid over a set period. Loan terms can range from one to five years. Ideal for funding equipment purchases, expansion projects, or working capital needs, term loans allow businesses to plan their budgets with predictable repayment schedules. Lenders assess creditworthiness and may require collateral, ensuring that businesses can access the funds they need to grow and succeed in a competitive market.
Overdraft Loans
Overdraft loans provide a financial safety net for businesses by allowing them to withdraw more money than they currently have in their bank account, up to a predetermined limit.
This flexibility helps manage cash flow gaps, cover unexpected expenses, and seize immediate opportunities without delay. Ideal for businesses facing fluctuations in income or those needing extra funds for short-term projects, overdraft loans can be a valuable tool for maintaining smooth operations. Generally, interest is only charged on the amount overdrawn, making it a cost-effective solution for managing working capital. With quick access to funds, businesses can navigate challenges with confidence and agility.
Frequently Asked Questions…
Yes, in Australia, you typically need an Australian Business Number (ABN) to apply for a commercial finance loan. Lenders require an ABN to verify that you are operating a legitimate business.
Whether you need to be registered for GST to get a commercial finance loan depends on the lender and the loan amount.
When Do Lenders Require GST Registration?
- Turnover Over $75,000/year → If your business earns more than $75,000 annually, you’re legally required to be GST registered, and most lenders will check for this.
- Loan Amount & Lender Policy → Some lenders require GST registration for loans above a certain threshold (e.g., $50,000+), even if your turnover is lower.
- Business Type → If you’re a sole trader or freelancer with a turnover below $75,000, some lenders may still approve your loan without GST registration.
The interest rate will depend on various factors such as the lender, loan type, age of the asset, security provided, and your credit score. With over 40 available lenders, we will stive to find the best cost option for your requirements.
STEP 1 – Through an initial discussion and some simple questions, our team will take the time to understand you, your business and your requirements.
Step 2 – We will identify the best options that cover your requirements.
Step 3 – We present these options to you and get your approval to proceed.
Step 4 – We collect the required information and your application is submitted to the relevant lenders.
Step 5 – Obtain pre-approval / approval and proceed to settlement.
We have a range of low-doc and rent-to-own options that can help clients with low credit scores.
The information required can vary, but the minimum information to start with is:
- ABN
- Identification documents (Driver’s license, Medicare)
- Signed privacy form
Yes, making a commercial finance loan application can affect your credit score, but it depends on the type of inquiry and how frequently you apply.
All our applications are vetted carefully by our specialist team prior to submission. This will ensure accuracy, success and protection of your credit score.
If you’re on a visa, your options may be more limited, but it’s still possible. Lenders will assess your visa type, visa expiry date, financial stability and security before approving a loan.
With over 40+ lenders available, we have the ability to find the best possible solution for your finance requirements.
Yes, we have lenders that specialise in start-up business loans. We pride ourselves in being part of your journey from a start-up to successful business owners.
Low-doc requirements include a registered ABN and a good credit history. Enquire to check if you qualify.
With ACFS Group my business has grown...
Just a quick but huge thank you so much for all you did to help make this dream come true for us. It is just so lovely – and I am still reeling from the reality – to have our business grow as it has. I know you were just ‘doing your jobs’ but in short it just would not have happened without you. So my heartfelt thanks again from me and the team and Jackson & Partners.
Gregory Jackson
Founder – Jackson & Partners