Business Loan Brokers in Melbourne

A commercial mortgage process is quite complicated. From undertaking market research to find potential lending options and comparing different loan products to navigating the complex application and approval process, there’s a lot that you need to take care of. With our commercial loan brokers by your side, you won’t have to worry about anything. Whether research, comparison, application or negotiation, we offer expert assistance at each step and ensure you proceed without any worries.

Diverse loan types and hundreds of loan options are available in the market. The right one for you will depend on your unique financial situation and requirements. For instance, if you are confident in your projected cash flow, you can opt for a short-term loan and lower your interest payment. If you desire more stability and wish to minimise the risk factor, a fixed-rate interest loan can be the right choice. Once you connect with us, our commercial mortgage brokers will consider all ends and help you make optimum choices at each step of your mortgage journey.

Yes, we offer complete assistance with loan approval. Your loan approval depends on diverse factors – business history, credit score, revenue and cash flow, business plan and industry type. As commercial mortgage brokers, we help you determine your eligibility and borrowing capacity and match you with the right lenders. We also handle all the paperwork and documentation to ensure a seamless application and approval process.

Yes, there are eligibility criteria for commercial loans, but they vary from lender to lender. But here are some basic considerations –

• Business history and financial stability
• Personal and business credit scores
• Cash flow and revenue
• Collateral (for secured loans)
• Industry type (industries with higher risk percentage can face more complex requirements)

When applying for a commercial loan, you will need to keep several documents ready to ensure a smooth approval –

• Bring to you loan products from multiple lenders.
• Tax returns for the past few years
• Business plan (for startups or if you’re applying for a large loan)
• Bank statements
• Personal identification (for the business owner)

Our commercial loan brokers can help you secure all available and eligible government grants and funding. The Victorian government offers several grants and subsidies and even low-interest loans to small-scale businesses, especially if you are involved in some specific industries related to innovation and sustainability. We will familiarise you with all such opportunities and ensure you don’t miss out on anything that could bring down your financing costs.

At Original Wealth, we follow a fully streamlined loan application process. Here’s our step-by-step process.

• Initial consultation to understand your loan requirements and financial position.
• An assessment will be conducted to determine your eligibility and borrowing capacity.
• Market research to identify all potential lending options.
• Loan comparison to find a loan product that best meets your requirements.
• Gather all supporting documents and submit the application.
• Wait for approval and ensure the funds are disbursed on time.
• Annual reviews to ensure your loan remains competitive.

Yes, a commercial loan can be secured to cover all business-related expenses. Whether you need money to cover your day-to-day operational costs, purchase machinery, expand your business or hire additional staff, you can take a commercial loan to cover all such expenses. Connect with us to know more about any possible exclusions.

You can refinance your existing commercial loan with our business loan brokers in Melbourne. We specialise in offering comprehensive refinancing assistance. With us, determine whether refinancing is right for you and proceed accordingly. Whether you wish to consolidate your debt or are aiming for better terms or lower interest rates, refinancing your current mortgage can help you achieve the desired end. To learn more, connect with our experts or have a consultation.

To improve your chances of getting a commercial loan, here are some short and long-term measures you can adopt –

• Improve your credit score
• Maintain a regular cash flow
• Provide collateral
• Create a solid business clan

As experienced business finance brokers in Melbourne, we are familiar with how different lenders work and assess eligibility. We can guide you through and help you guarantee your approval.