In the world of commercial finance, traditional lenders have had a monopoly for quite a long time. However, things are changing. Borrowers facing difficulty getting loans from these lenders are more open than ever to exploring alternative options.

Often considered high-risk borrowers by traditional banks, it’s no wonder startups turn to alternative lenders to get their small business off the ground.

As a broker, it’s your job to find the right financial solutions for your clients. To do that, you have to start by asking the right questions.

If cash flow troubles are keeping you awake at night, we might have the solution. A year after The Reserve Bank of Australia (RBA) started raising interest rates, people are starting to feel the pinch, making cash flow a real struggle for many business owners.

When it comes to business, cashflow is critical to success. This means having access to cash when you need it to buy stock, pay employees and cover regular bills and expenses. That’s why a small business experiencing cashflow issues – no matter how temporary – can quickly become a big problem. But what if you have the cash, it’s just tied up in your home? That’s an easy fix – you can apply for a short term loan secured against a property.

In other words, you can take out a second mortgage on your home.

Is your business experiencing a temporary financial glitch? A short term business loan could be the answer.

$770,000 is a lot of money in anyone’s language. Now just imagine being the client who, through no fault of their own, was suddenly looking at the very real possibility of losing this much money just days before Christmas. Yes this story does have a happy ending and yes Strive Financial did step in to save the day. But we’re getting ahead of ourselves…

Deciding to apply for a business loan is a big step, especially if it’s your first time. To help you decide if secured finance is right for you, here’s everything you need to know (without the BS).

What do taxis, uber and short-term loans for small business have in common? This is just one of the questions Strive Financial Executive Director, Cameron Garnham poses when he’s invited to speak about why short-term lending might be the solution to your temporary business challenge.

When you need a short-term business loan, don’t let a bunch of silly, outdated myths stop you from securing the loan that could save the day.

If you were one of the thousands of Australian businesses who took advantage of the ATO’s COVID support, you might want to keep reading.

Once upon a time, bad credit meant it was almost impossible to secure a short-term business loan, let alone long-term business financing. But not anymore.

If you think traditional lenders are the only way to source a medium or long term loan for your small business, you might want to think again. Non-bank lending was once a financing outlier.

Interest rates are rising earlier than expected. But it’s not too late to lock in the bridging finance you need to keep your business moving forward.

As the country slowly moves into a post-pandemic period, Australian small businesses continue to receive Federal Government support, including the extension to the Instant Asset Write-Off and the Technology Investment Boost.

With all this talk about rising interest rates, you’d think it was the only thing that matters. But what are the red flags you should be checking when you’re looking for the right business loan.

With the market now expecting interest rates to start rising from as early as July 2022, what does this mean for business loans?

We like to say a bridging loan can ‘help plug the gap’. But it can do so much more for your business. A bridging loan, or bridging finance, is most often associated with home loans and buying a residential property.

If you’ve taken out a long-term business loan, chances are you’ve also got long-term plans for your business.