Business Loans
Our specialists can tailor a business loan to help secure the future of your business
Capitalise on opportunities using a business loan
Uncertainty is considered an obstacle rather than an opportunity far too often in business. As a result, many businesses proceed with caution and take a reactive approach rather than look to capitalise on opportunities.
An easy way to take advantage is by obtaining the finance required to take your business to another level. Don’t wait days and months for a response. Apply for a business loan with Simply Funds in minutes with finance approved and settles in as little as 24-48 hours.
What can business loans be used for?
Additional funds can help turn weaknesses into strengths and threats into opportunities. For some businesses it is as simple as being caught short on the deposit required to settle a property or an outstanding ATO debt. Other may be looking to improve their efficiency by purchasing new equipment while some may require extra working capital to capitalise on growth opportunities that they have identified.
Whatever the case may be, our professional staff are here to help. When time is of the essence and banks are making it difficult to obtain finance, it is time to turn to someone that makes it simple – Simply Funds.
Business loans to cater for all needs
We understand that the needs of a business vary depending on a number of factors including size, financial position, and business cycle stage. Find the business loan type that suits you.
Small Business Loans
Managing cash flow and operating capital for small businesses can be particularly challenging. As a result, they often need additional funds to deal with an array of issues such as unexpected overhead costs, bad debt, and cash flow issues.
Bad Credit Loans
Whether you are an established business or looking to start a new venture, an unhealthy credit history doesn’t have to prevent you from achieving your goals. Unlike banks, we believe that everyone deserves a second chance.
Secured Business Loans
If you have an asset that can be used as security, it is time to capitalise on opportunities by taking out a secured business loan. There are several advantages with secured business loans including a lower interest rate and the ability to borrow a greater amount.
Fast Loans
At Simply Funds we pride ourselves on being able to provide safe, quick, and hassle-free business loans. Our streamlined application process takes a matter of minutes with funds becoming available in 24-48 hours.
Startup Business Loans
Obtaining a business loan through a major institution can be almost impossible for a new business. With no income or sales history, a great idea and a detailed business plan is rarely enough. Flexible lending guidelines mean that we can help turn your idea into a successful future.
Business Loans FAQ
At Simply Funds we offer several different business loan options. The most suitable business loan option will depend on your financial needs and financial situation.
The easiest way to find out if you are eligible is by completing our streamlined application process which can be done in a matter of minutes. It is an obligation free application with no credit checks conducted for pre-approval.
If you are tired of being told no by your bank and forced to constantly jump through loops, it is time to explore alternative financing from Simply Funds.
Major lenders such as banks are becoming extremely risk averse. They largely focus on credit history and a quick to put a line through applications. Alternatively, our flexible lending guidelines and loan products allow us to tailor a business loan to specifically suit your financial situation.
With Simply Funds you can apply for a business loan in 6 easy steps.
- Enter your details and loan amount
- Talk to one of our lending specialists regarding your financial situation
- We will compile a pre-approval and provide an estimated loan summary
- Where required, we will conduct a desktop valuation (no formal valuation)
- Loan documents drawn up and sent to your solicitor
- Loan settled and funds transferred to your nominated account
To complete an application your will need to provide some basic personal details including:
- 100-point identification (driver licence, birth certificate, passport etc)
- You ABN
- Bank Details (BSB and account number)
Some loans will require additional information. For instance, to apply for a second mortgage you will need to provide details of your first mortgage. Loans for a significant amount may also require some basic financial statements.
We understand that the needs of a business vary. Size, financial position, and business cycle stage all play a part. As a result, we offer a variety of loan types including:
- Small Business Loans
- Bad Credit Loans
- Secured Business Loans
- Fast Loans
- Start-up Business Loans
One of the benefits of a Simply Funds loan is that we offer flexibility with respect to loan term and repayments. We can design a repayment plan that is aligned with your business and cash flow. This may be fixed periodic payments (weekly, monthly etc), lump sum payments, or a combination.
In addition, we offer interest capitalisation on specific loan types such as development loans.
Check if you qualify for a Simply Funds business loan today
We’ll assess your application fast and get you an answer (and the funds you need) quickly. Simply select the amount you're looking to borrow, click on the button below and fill out the form. Our friendly team will respond to your enquiry as soon as possible.
Simply Funds operates an online information service that seeks to introduce Australian businesses to potential funders. Simply Funds does not provide any credit, financial products, or financial advice – either to individuals or businesses.
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