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    Small Business

    Question

    How to get short term business loans in Australia?
    My friend peter and me are planning to start a business in Australia but we don't have enough money to start it. So what would we do if you have any ideas or suggestions please let us know.
    4 months ago 2 Answers

    Best Answer

    Chosen by Asker
    I would like to suggest you Singh Finance. Visit this link http://www.singhfinance.com.au/singhfinance.com.au/finance/commercial-finance/short-term-business-loans and one of their advisers would come to visit you for solving your problem on short term business loans in Australia.
    a few seconds ago

    Other Answers

    • Any bank or credit union will require a valid business plan that shows that you can pay the loan back. You will personally have to put up 30% of the funds, as no bank or credit union is going to assume all of the risk.

      by Henry - 2 hours ago

    • You need a business plan....a real one preferably written by an expert (they cost up to 5k)... This is to prove you have plans for all potential problems and you have an idea where you will be financially in 6 months given the current climate. You never get a loan for the entire business...it's like a house you need a sizeable deposit.

      by Katty - 2 hours ago

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