Are there small business loans available in Australia?

There are typically multiple lenders in Australia that offer forth small business loans for qualified applicants to apply for, and their standards tend not to vary dramatically from private lender to public lender. Typically, you still must exhibit a satisfactory repayment history. This also goes for present proper security for the loan. Being able to show that you have an amount of start-up capital already available in liquid assets is usually helpful also. Government backed lenders may be more likely than private lenders to make allowances on these terms. However, meeting them should certainly increase your chances of approval.

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You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.