Cash Flow Gaps Solved – 2 Lender SME Govt Backed Loan Offers

As Melbourne and Sydney begin to reopen, business lenders are seeking to innovate to provide standout value and provide business owners solutions to help business.

There are lots – but two offers currently standout head and shoulders above the others.

Offer 1 – Under Stage 3 of the Government Loan Scheme

7.5%pa unsecured revolving line of credit

– Pay subcontractors,
– use it for material supplies,
– import goods, equipment and machinery
– cash flow your inventory
– use it as floor plan finance and save your own cash
– you don’t have to own property to be approved
– safeguard your cash flow through the upcoming holiday period

Apply in minutes over the phone

Approvals in 24 hours (to approved applicants)

Funds available in 3 days

Outstanding ATO balances are ok.  Minimum turnover $700k pa – there are options for businesses turning over less than $700k

Offer 2 – Under Stage 4 of the Government Loan Scheme 

80% Government Backed Equipment Finance for Equipment / Machinery between $500k – $2M

  • No restrictions on asset type. 
  • Trucks, excavators, food production, primary or tertiary goods all welcome.
  • New or second hand
  • Fitout finance ok
  • Tax debt ok
  • Also doing no doc asset finance to $250k
  • Fast turnaround on applications 
  • Can apply by phone
  • Rates of 5.95% pa

Please note – Both of these expire in December so settlements need to happen sooner rather than later.

P.S. Here’s a list of some of the solutions we’re doing for clients at the moment.  

  • $1M low doc loan to fund environment remediation
  • $130k car finance to a credit impaired director
  • $3.5M 3-on-1 townhouse development for a builder in Melbourne
  • $2.4M low doc loan with no repayments for 12 months to pay out tax debt and prevent adverse action by the ATO against the director and their personal assets
  • $1.4M home loan for a director to complete a property purchase

Get in touch to talk through your situation.

Related Links

How to use equipment finance for your business

Selecting the right business loan

No doc loans with interest deferred for 12 months

Case Study: How to raise capital for a restructure

Case Study: Fitout finance for a restricted industry

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