Stage 1 · Learn the basics
Business Loans 101: how business loans work
Start here if you've never borrowed for a business before. Nine short lessons on how business loans work, what they cost and the words you'll hear along the way.
How business loans work
How do business loans work? A plain-English first lesson: who lends, what you repay, how security works and what happens from enquiry to payout.
Read more →Secured vs unsecured
Secured vs unsecured business loans explained for first-timers: what security means, how much each type can lend, who each suits and how to pick between them.
Read more →What a loan costs
What does a business loan cost? A beginner's guide to interest, establishment fees and other charges, and how to compare offers by their total dollar cost.
Read more →How repayments work
How business loan repayments work: weekly vs monthly, principal and interest, interest-only, loan terms, and checking repayments fit your cash flow.
Read more →Line of credit basics
What is a business line of credit? A beginner's lesson on limits, drawing and repaying, what it costs and when it beats a lump-sum loan.
Read more →Borrowing against property
Can you use your home to secure a business loan? A beginner's lesson on equity, first and second mortgages, caveat loans and what to weigh up first.
Read more →Bank vs non-bank lenders
Bank vs non-bank business lenders for beginners: how they differ on rules, paperwork and flexibility, who each suits, and how to check a lender.
Read more →Business vs personal loan
Business loan vs personal loan: how each is assessed, how much you can borrow, the record-keeping angle, and when a first-timer should use which.
Read more →Personal guarantees
What is a personal guarantee on a business loan? A plain-English lesson on why lenders ask, what you promise and what to ask before signing.
Read more →See what your business could qualify for
One short enquiry, no credit check when you first enquire, and a real person who calls you back with options that fit.
No credit check to enquire
No spray and pray
A real person, in plain English