Broker Finance Associates provides tailored commercial loan solutions to assist with commercial investors and small to medium businesses. Structuring your commercial loan is made simple with Broker Finance Associates. We provide the expertise to structure your commercial finances and make available tailored solutions to offer competitive interest rates and options to you and your business. Speak to our Finance Brokers for an expert Commercial solution.
Business Overdraft
A business overdraft is useful for liquidity and is attached to the business transaction account. It is useful for short-term and emergency expenses that impact the day-to-day running of the business. Business overdraft is commonly used by small to medium sized businesses for convenience of cash flow where funds are readily available to be drawn.
Franchise Loans
A franchise loan is for the purchase of a franchise where specialist assistance is provided for such businesses. This loan provides funding for the necessary purchase and is suitable for franchisee start-ups and ongoing financing needs.
Business Line of Credit
A business line of credit is a revolving loan facility that helps businesses with cash flow. It can be used for working capital and other short-term funding needs of businesses. This type of loan provides convenience and saves time when it comes to improving cash flow.
Business Construction Loan
A business construction loan is to assist in building a commercial property for example high rise apartments, unit complexes, warehouses etc. This type of loan provides progress payments for the building of the dream commercial property.
Asset Finance
Asset finance is used for the purchase or leasing of vehicle and equipment for the business. Purchasing vehicle and/or equipment is repayable by an agreed loan term and has an option for balloon payment which is useful for upgrading vehicle and equipment after a set loan term. Leasing vehicle or equipment is useful to not have large sums of capital tied up; fewer maintenance problems and provide convenience in cash flow.
Chattel Mortgage
Chattel mortgage is useful in acquiring assets for the business where a loan is set up over the secured asset. This is by means of the lender registering an interest ‘mortgage’ over the asset. Generally chattel mortgage is useful in acquiring large assets such as motor vehicle and equipment.