To get an idea of typical small business loan rates, it is important to understand that the government grants and loans program makes it possible for people in small businesses to borrow money with a much low rate of return on their repayment. This support through the government grants and loans program makes it possible for borrowers who need the financial support to borrow at typically lower rates of interest for a small business loan. Low interest rates or interest-free loans are available that make it feasible to borrow money.
Take a moment and become a registered member with AustraliaStartups. You will get access to the Funding Database at which point you will be able to conduct a funding search to see how much funding may be available for you and your business. On top of that you also get access to the step by step business startup guide, the Investor PitchDeck and the Investor PitchDeck. This gives you all you need to startup, launch and fund your small business in Australia. Register to get access today.
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.