How business loans work
Ask about loans
How big, how long, secured or not, and what it really costs. Mr answers the questions owners ask before they choose a loan.
7 questions on this shelf. Each one opens with a short "Mr says" answer, then the detail: what lenders look at, what the rules say and what to do next.
How much can I borrow?
How much can an Australian business borrow? Mr explains how equity, turnover and repayment capacity set the amount, from $5k unsecured to $5m secured.
Read Mr's answer →Secured or unsecured?
Secured or unsecured business loan? Mr compares amounts, speed, paperwork and risk for Australian owners, and explains when property security is worth it.
Read Mr's answer →What is a caveat loan?
What is a caveat loan? Mr explains how this short-term property-backed business loan works in Australia, when it suits, what it costs and the exit you need.
Read Mr's answer →A second mortgage for business?
Can you take a second mortgage for business purposes without refinancing your home loan? Mr explains how it works, what lenders check and the trade-offs.
Read Mr's answer →Line of credit or term loan?
Line of credit or term loan? Mr compares how each works, what each costs to hold and which business needs suit each, with worked examples.
Read Mr's answer →What does a loan cost?
What does a business loan really cost? Mr explains interest, establishment, legal, valuation, line and exit fees, and how to compare in dollars.
Read Mr's answer →Private lender or bank?
Bank or private lender first? Mr compares policy, speed, paperwork and flexibility, and explains when each makes sense for Australian owners.
Read Mr's answer →Righto. Let's see what's possible.
Enough reading. Ask Mr about your business.
Tell us what you need in about 60 seconds. There's no credit check to enquire, your details aren't passed around, and a real person calls you back with options that fit.
No credit check to enquire
No spray and pray
A real person on your file