If you have bad credit, you may still be able to get a small business loan due to the Australian government’s loan programs specifically for those with bad credit or no credit. These funding options are there to help people who need money to start their companies or improve existing ones who may not be able to get money otherwise. If you have a profitable idea but have been rejected by the bank due to your credit history, this may help get your small business on the right track.
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.