Get the best business loan you need
Dark Horse Financial is a finance brokerage specialising in assisting business owners who turnover between $250K and $150MaGet the funding you need to do business the way you really want. Manage cash flow, invest in your business, and fund growth with our range of loans for businesses of any size.
Manage and grow your business with Australian business financing.
We offer comprehensive solutions for every business need. From short-term to larger, longer-term needs, we can help guide you in the right direction.
- Tailored Business Loans
- Loan amounts from $10,000 to $50M
- Short and Long-term Financing Available
- Quick Turnaround Times
- No-Doc and Low-Doc Options
- Bad Credit Loan Solutions
- Loans to Pay off Business Tax Debt
What is a business loan?
How does a business loan work?
We offer tax debt loans from $10k to $50M to help businesses manage GST, PAYG and superannuation obligations with flexible secured and unsecured options. Solutions include instant debt consolidation, interest-only repayments and funding for both start-ups and established businesses, even with bad credit. Our fast, same-day lending can help protect your credit rating, avoid ATO enforcement action and Directors Penalty Notices, minimise penalty interest and charges, and secure extended payment terms.
How does a business loan work?
How much can I borrow?
Your credit score, the type of loan you choose, and the financial position of your business all affect how much you can borrow. Dark Horse Financial will help you figure out what you need and then offer you a product that fits your needs. We can help you get loans that range from $10,000 to $50 million.
Understanding business loan interest rates
Interest can vary based on factors like the type of loan, your credit history, and whether the loan is secured or unsecured. Our team will work closely with you to understand your business needs and find a loan with an interest rate that aligns with your financial goals.
How fast can my business financing in Australia be approved?
The approval times can vary depending on the loan type and lender. Same day funding is possible in less than 24 hours under certain circumstances and specific lenders. As a general rule, low doc or no doc applications are the fastest, while full doc bank applications (especially for secured loans) take the longest.
What are corporate loans interest rates?
How to find the best business loan lenders
Choosing the right business loan lender can help you find financing that supports your goals without unnecessary stress. Here are some tips to help you identify the best lender for your business:
- Understand Your Business Needs: Determine the amount of funding you need and how you plan to use it. Whether it’s for expansion, equipment, or cash flow, knowing your purpose will help narrow down lenders offering relevant products.
- Compare Loan Types and Features: Look at the range of loans offered, such as unsecured loans, equipment finance, or business overdrafts. Consider features like repayment flexibility, interest rates, and loan terms.
- Check Interest Rates and Fees: Competitive interest rates can save your business money in the long term. Be sure to ask about any fees, such as application or early repayment charges.
- Seek Professional Help: Loan experts like Dark Horse Financial can do the legwork for you. With our wide network of lenders and business loan experience, we have access to the best lenders with the lowest rates and most favourable terms. With our help, you can secure the best loan for your needs.
How to apply for a business loan?
Getting business financing in Australia is straightforward with Dark Horse Financial. Follow these simple steps:
- Fill up our online form or give us a call to get started. Tell us your borrowing needs and we’ll help you find the right solution.
- We’ll review your needs and situation and match you with the best lender. We’ll make sure to get you the best rates and terms.
- We’ll submit your application along with the required documents.
- Once the loan is approved, receive the funds quickly to start putting them to work.
Use our business loan calculator
Do you want to know how much you can borrow for a business loan or what your payments might look like? You can use our business loan calculator to figure out how much funds you need and which loan is best for your business. Simply enter your loan amount and interest rate, and you’ll see how much you’ll pay in monthly payments and interest over the life of the loan. Give it a try here:
Equipment Finance Case Study
Our client had purchased manufacturing machines at auction they knew they could repurpose and create a product they needed to previously import from overseas. Once operational, the capability as the only producer in Australia would give them a competitive advantage.
Requiring $600,000 to bring the assets online, the business owner had been told by a previous expert they would need to put the family home on the line to raise the level of capital required. We could see a solution that didn’t require property. Looking at the business owners asset register, we were able to raise $600k against their existing machinery assets using forecasted earnings to demonstrate serviceability.
Cash flow loan case study
A manufacturer, wholesaler, and retailer of quality home products came to us seeking funding for a bespoke software solution. Looking at their major bank loans, they asked us to review all of their credit facilities, which consisted of secured and unsecured term debt totalling $1.8M, a trade finance line of credit with a $750k limit, and a $100k business credit card.
While being a strong, well-established business, they were concerned with the potential for a downturn in consumer spending over the next 6 months and were open to improving their business cash flow if a change in the bank could support a material difference.
Cash flow loan case study
Our client came to us after months of delays with their existing bank seeking a line of credit to support their business plans. Despite clearly being profitable and having the upside to their business, their existing bank couldn’t deliver a line of credit that didn’t involve taking security over director property.
Second-tier unsecured lenders offer both term loans and unsecured overdrafts or lines of credit, but so do major banks. Provided servicing stacks up for the bank facilities along with other business lending criteria, lines of credit can be secured with accounts receivable or with directors’ guarantees—neither of these arrangements requires property security by default.
Understanding our client’s business, we positioned an application with our recommended bank and achieved approval for a $1.5M overdraft limit within a week of submission.
FAQs for business loans in Australia
Yes, start-up businesses can access small business loans in Australia, provided that they pledge assets as security. Startups can access secured loans, equipment finance, invoice finance, trade and import finance, and secured overdrafts depending on cash flow forecasts and the Director’s personal position.
Business investment loans are designed to help business owners fund major investments such as purchasing equipment, property, or other capital expenditures. These loans provide the capital businesses need to grow and expand operations and can range from $10,000 to $50M in size.
No, not always. In many cases, you don’t need property security to obtain a business loan. While it can sometimes be advantageous to offer property security for a business, there are many business loan solutions that don’t require directors to offer up property.
Yes, business debt consolidation loans can help streamline multiple debts into one manageable repayment, often with a lower overall interest rate.
Yes, you can get a business loan even if you have bad credit. Traditional lenders can have stricter requirements, making it difficult to get loans from them if you have bad credit. However, alternative lenders can help you since they have less strict criteria.