Back to insights
Commercial6 min read
Commercial Finance: What Business Owners Should Know
Commercial lending is broad. The right starting point is a clear purpose, supporting information and an understanding of how the facility may be assessed.
Define the finance purpose
The purpose might include commercial property, business expansion, working capital or equipment. Each purpose can require different supporting information.
Prepare business records
Financial statements, tax documents, bank statements and business plans may be relevant depending on the finance type.
Consider security and repayment source
Commercial finance may involve different security arrangements and repayment assessment methods from residential lending.
Keep the process structured
A broker can help coordinate the finance discussion and clarify what information may be required before lender assessment.
General information only. This guide is provided for general information and does not take into account your objectives, financial situation or needs. Lending is subject to eligibility, lender criteria and approval. Speak with a broker for guidance based on your circumstances.