Business loans

Get a great deal on business finance today.
Looking to hit the roads in style?
Got big business goals?

We believe that every business deserves the opportunity to thrive.

At Funnd, we specialize in helping ambitious entrepreneurs like you achieve their goals. Whether you’re looking to expand operations, invest in new equipment, or boost working capital, securing the right financing is essential.

Our mission is simple:

Seamless

 To provide you with a seamless and personalized business loan experience that takes the hassle out of financing.

Personalized

 We understand the excitement of new business ventures, and we want you to enjoy every moment of the journey.

Enjoyable

That's why we handle all the financial details, so you can focus on building your business.

Business loan

Whether you’re a startup business looking to launch your vision, a small business aiming to expand operations, or an established enterprise seeking to stay ahead of the curve, we’re committed to helping you achieve your goals.

Got big business goals?

Business Loans Explained

Loans and financing isn’t always easy, so we’re here to help you in any way possible. If you don’t find the answer here, call us on: 0406 497 997

Business loans are available for various types of businesses. Including sole traders, partnerships, companies, and trusts. Whether you’re a small startup or a large corporation, there are loan options tailored to your specific business needs.

While personal loans are typically used for individual expenses, such as home improvements, business loans are specifically designed to fund business-related expenses, such as purchasing inventory, expanding operations, or investing in equipment.

Lenders consider several factors when evaluating a business loan application, including the business’s creditworthiness, revenue history, profitability, business plan, industry, collateral, and the personal credit history of the business owners.

Yes, business loans can be used to finance startup costs for a new business in Australia, including expenses such as equipment purchases, inventory acquisition, leasehold improvements, marketing, and working capital.

Repayment terms for business loans vary depending on the type of loan and the lender’s policies. Business loan terms typically range from one to five years for short-term loans and up to 25 years for long-term loans.

The time it takes to access funding for a business loan can vary depending on the lender, the complexity of the application, and the type of loan. Some lenders offer fast approval and funding within a few days, while others may take several weeks to process the application.

Yes, the Australian government offers several loan programs designed to help small businesses access financing. We recommend visiting the ATO website for comprehensive information. Additionally, consulting with your accountant can offer valuable insights and guidance tailored to your specific business needs and financial situation.

Yes, business loans can be used to finance the purchase of new equipment or machinery for your business. Whether you need to upgrade your technology, buy specialized machinery, or invest in new tools to enhance productivity, a business loan can provide the funding you need to make these essential purchases. 

If you’re struggling to repay your business loan, it’s essential to contact your lender as soon as possible to discuss potential solutions. Your lender may be willing to work with you to modify the loan terms, such as extending the repayment period or temporarily reducing payments, to help you avoid defaulting on the loan.

Missing a loan payment can result in late fees, increased interest charges, and damage to your credit score. If you’re having difficulty making payments on your car loan, it’s essential to contact your lender as soon as possible to discuss potential solutions.