With Getfunding, any loan that is above AUD5000 can be yours. We offer flexible business loans, line of credit and business equipment finance as well as vehicle finance with easy repayment options and no hidden fees and zero requirement for security.
You qualify for fast and flexible loan options with Getfunding if you meet the criteria listed below:
Trading for at least six or nine months depending on the type of the loan
Have a regular weekly cash flow
Personal guarantee from business directors (Vehicle loans)
An under control ATO debt (Vehicle loans)
Have a minimum of AUD5,000 revenue/ month
Will use the finance amount for business purposes only. Loan amount will not be used for agriculture or developing property
A minimum director/guarantor VEDA score of 500 (Vehicle loans)
Have an ABN registered for a period of 48 months at least (Vehicle loans)
Take a look at the types of loans Getfunding offers:
Getfunding loans are specifically designed to cater to the business requirements of small and medium business enterprises.
Read more on what you get with our loans Read more
Getfunding International line of credit is a great way to finance your international purchases. Once your loan is approved and we set up a credit limit for you, all you need to do is send us your supplier purchase invoices and we pay them for you.
Take a look at the advantages of taking a line of credit with Getfunding Read more
Getfunding is one of the few finance providers in the Australian finance market who provide finance to customers on the basis of alternate documentation. Our terms, like our loans are simple, transparent and easy to understand.
Click here for more information Read more
|Repayment terms||3 to 5 years as monthly payments|
|Availability of balloon options||30% for 3 years, 15% for 4 years|
|Are you availing of a property-backed loan?||For a total amount financed of up to AUD150,000, the interest rates are as below:
|Are you availing of a non-property- backed loan?||For a total amount financed of up to AUD75,000, the interest rates are as below:
|Additional fees||Processing fee – AUD499 / processed application Valuation at cost|
Remember that we said we process simple and easy loans with minimalistic documentation requirements, fast approvals and expedited pay-outs.
So, what are the documents that you will require to get the loan application process up and running?
The application forms
And 6 months of bank statements (can be submitted online on special request)
An integrated client account statement (ATO BAS portal)
Interim and audited/accountant company financials - Balance sheet and profit & loss
Accounts payable and receivables ledger
Commercial invoice and certificate of currency
Director/guarantors identification documents