Frequently asked questions

We help Australian business owners choose the best loan structure for a specific job, then a specialist finds out what's genuinely available for their situation and matches them with a suitable lender.

No. Our verdicts compare loan structures, such as secured versus unsecured or a line of credit versus a term loan, for particular situations. We don't rank lenders or brands.

No. There's no credit check when you first enquire. A credit check is only discussed if you decide to go ahead with a specific application.

No. One specialist works on your enquiry. Your details aren't sprayed across a list of lenders, which also protects your credit file from a pile of enquiries.

Property-secured business loans range from $20,000 to $5,000,000 against residential or commercial property. Unsecured, cash flow and line-of-credit options for trading businesses are typically $5,000 to $500,000, sized on turnover and bank statements.

Every business loan is priced on the borrower's individual circumstances, so a headline rate would mislead. Compare real offers on total cost in dollars; our total cost comparer does the sums.

Past credit issues are considered case by case. Property security often widens the options. Be upfront on the form so the first option you hear is realistic.

Yes, ATO debt is considered case by case, and a loan can sometimes be used to clear it. Our page on the best way to pay off an ATO debt compares the options.

No. Unsecured loans, lines of credit and asset finance don't need property. Property opens larger amounts and longer terms, but it isn't always the best choice.

Possibly. Very new businesses usually rely on property security or asset finance, because there's little trading history to assess. We'll tell you honestly what's realistic now and later.

Business purposes only: equipment, vehicles, stock, wages and hiring, fit-outs, buying a business, tax debts, settlements, contracts, refinancing and working capital.

To enquire, none. If you go ahead, typically ID, your ABN or ACN, recent business bank statements, and for larger or secured loans, financial statements and property details.

It depends on the structure, amount, security and how quickly documents come together. Funding always follows approval. Complete, accurate information is the biggest thing you control.

No. It ranks loan structures against your answers so you know where to look first. It doesn't predict approval and doesn't send your answers anywhere.

On dollars: cash received, total repaid including every fee, and cost per month. Then weigh repayment frequency, early payout terms and security. Our total cost comparer and offer-comparison guide walk through it.

Because the answers decide which structure fits. Accurate details about the amount, purpose, trading and any property mean you're matched properly the first time.

Best Biz Loan is a trading name of Techgen LLC Pty Ltd (ACN 696 942 391), Level 27, 101 Collins Street, Melbourne VIC 3000. Phone 03 9072 0200.