Business Loan Broker in Melbourne – 7 Mortgages

Running a business comes with many challenges, especially financial ones, but you don’t have to face them alone. With help from a commercial loan broker, finding the right option to support your goal is easier. What’s more, you save time and can focus on managing your company.
7 Mortgages is a reputable business loan broker in Melbourne with extensive experience in delivering high-quality results. We understand that every client is unique, and our approach is based on creating customised strategies for each individual. You get a product that matches your requirements without having to pay upfront.
From initial consultation to finding the best rates and settlement, we’re always by your side. Rest assured, we’ll help you make informed decisions and get the most out of our financing options. Our services are available to companies of all sizes – small or big, a start-up or an established name.

What is a business loan?

A business loan is money you borrow from lenders such as banks or private companies to cover expenses like hiring staff, paying bills, investing in infrastructure, and buying stocks. It also helps businesses expand, increase revenue, and become more profitable. Generally, these loans have lower interest rates and longer repayment terms than other options, such as credit cards. They also come in different types and can be tailored to meet your needs.

Different Types of Business Loans

There are several business loan types, each catering to different needs. At 7 Mortgages, our business loan brokers help you find products to finance purchases, refinance existing loans, and fund building or development projects. You can come to us for the following:

Business Term Loans:

These are the most common financing options for established companies to obtain more funds without disrupting their cash flow. These loans are for firms with larger investments or for purchasing additional equipment. They are also used to expand operations thanks to the set repayment terms and better interest rates.

Business Line of Credit:

This option allows you to withdraw funds as needed, making it perfect for funding short-term expenses. Unlike regular loans, you only pay interest on the amount you use and not on the total credit limit.

Commercial Property Loan

These loans can be used to refinance and secure properties or investments. Buying new equipment, funding a property purchase, increasing working capital, or financing other business-related activities is possible with this. Working with a commercial mortgage broker can help you find the best deals.

Equipment Financing:

It refers to loans taken by companies to finance the purchase of new equipment, such as heavy machinery or tools. Vehicles and electronics required by the business also fall under this category.

Startup Loans:

Emerging businesses typically need a lot more investment. Both large and small business loans help start-ups or new companies kick-start their venture. They usually cover the initial costs of buying hardware, hiring staff, and marketing needs.

Why Choose 7 Mortgages for Your Business Loans?

To secure the best business loan in Melbourne, you need to partner with someone who provides robust solutions. That’s where we come in! 7 Mortgages is committed to helping businesses of all sizes navigate the loan process seamlessly. Our clients prefer us for these reasons:

• Wide Range of Options:

  We provide customised products to businesses. Our knowledge of the local market helps us find the best possible deals.

• Home Loan Offset Calculator:

  Being accredited by more than 25 lenders means we have over 200 products for you. These will meet the needs of any company, from start-ups to existing ones. We make sure you find the right fit for your financial situation, including those with bad credit and business loans.

• Property Buying Cost Calculator:

  Get an estimate of all upfront costs associated with purchasing a property.

• Tailored Solutions:

  We understand your business model and financial goals, which helps us recommend the most suitable products.

• Support for Small Businesses:

  Our business finance brokers specialise in helping small businesses across Melbourne. We help them figure out their requirements and overcome challenges.

• Strategic Guidance:

  We provide more than just transactions. You also receive expert advice and strategies to boost overall growth.

Get a Business Loan in Melbourne

Improve your cash flow and achieve your business goals with 7 Mortgages. Our tailored solutions align with your requirements and set you on the road to success. So, if you’re looking to apply for a business loan in Melbourne, call us on 03 9544 2642 / 0413 277 413. Alternatively, send us an email at admin@7mortgages.com.au for details.