How Best Biz Loan Works: From Verdict to Funding

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1. Tell us the job and your situation (about 60 seconds)
What the money is for, roughly how much, your state, how long you've traded and whether property is in the picture. No credit check when you first enquire.
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2. One specialist reads it and calls you
Not a call centre, not an auction. The person who reads your enquiry calls to fill in the gaps and understand the full picture.
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3. You get an honest verdict
Which structure suits your job and situation, what's realistic, and what to watch. Sometimes that's 'borrow less' or 'wait three months', and we'll say so.
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4. Documents, only if you go ahead
We tell you exactly what's needed for the structure you've chosen. A credit check happens only at this stage, with your agreement.
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5. Offer, in plain dollars
You see the structure, term, repayments and total cost before you sign anything, so you can judge it fairly.
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6. Approval, then funding
Once approved and signed, funds go to your account or straight to whoever needs paying, such as a supplier or settlement agent.

What makes it different

Most finance websites want your details so they can pass them on. We want them so one person can work out the best structure for your situation. That's why the form asks what the money is for and about your security and trading: the answers decide which structure is likely to be the best fit, and accurate answers save everyone a second conversation.

Before you enquire, you can try the Best Biz Loan Finder to see which structures rank highest for your situation, or read our head-to-head verdicts.

Common questions

Does enquiring affect my credit score?

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

Will my details be sent to lots of lenders?

No. One specialist works on your enquiry and matches it to a suitable lender. We don't spray your details around in the hope that someone bites.

What should I have ready?

For the first call, just a clear idea of what you need and why. If you go ahead, recent business bank statements, ID, your ABN or ACN, and for property-secured loans, details of the property and any existing mortgage.

How long does it take?

It depends on the structure, the amount, the security and how quickly documents come together. Simpler, smaller facilities usually move faster than property-secured loans that need valuations. Funding always follows approval.

What if the answer is no?

We'll tell you why, and what would change the answer, whether that's a different structure, a smaller amount, a few more months of statements or dealing with a tax debt first.

Start my 60-second enquiry →

How it works