You’re about to discover small business loan application… 

Small Business Loan Application Frequently Asked Questions:

Thanks for interest in applying for a small business loan…

Before you apply for a small business loan, there are simple steps you can do to improve your chance of success.

The application process is transparent, easy, and fast.

In fact, applying for a loan today can get you a quick response.

Am I eligible?

Firstly, it’s simple to be eligible.

This is for Australian businesses of all shapes and sizes, including new business or established.

Simply answer pre-approval questions to get a decision in three to five minutes.

How do I apply?

It’s very easy to apply.

In fact, follow step-by-step and it’s really simple, fast, easy and hassle free.

How much can I borrow?

Always great to provide you with maximum funding for your business.

The amount you can borrow for any loan varies.

Guidelines and amount uses a combination of factors.

If you are just curious to find out how much you’re eligible for fill out pre-approval form.

That way you can get some feedback.

Process shouldn’t take more than five minutes.

You’ll get almost instant decision with estimated amount available to you.

What is pre-approval?

Pre-approval is the first step of eligibility.

It is fast and easy to determine if your business is eligible for funding.

Your pre-approval status is shown after completion within five minutes.

How can I speed up the loan process?

If you’ve answered all questions on pre-approval form…

Provided clear, legible supporting documents…

Our team quickly goes to work processing your enquiry.

How do I maximise my opportunity for approval?

Approval is a lot more effective if you complete all information.

Provide accurate and up-to-date information…

And documents for verification.

*Applications applied jointly between two parties increases chances of approval.

There’s no harm in testing pre-approval to get feedback of eligibility.

*Remember, we don’t do credit checks until document verification stage.

What happens after my application is received?

Once you have completed pre-approval and uploaded all necessary documents…

Our team works behind the scenes to ensure everything is done correct.

Once application has been reviewed…

And your loan contract is signed…

Your money is deposited directly into your bank account.

It’s really that simple!

Interest Rates and Repayments:

What are the loan repayments?

Loan repayments are flexible.

We based this on a plan which fits your business needs.

You can discuss amount of monthly repayments during application.

The amount should be based on what is comfortable for you.

Once we’ve completed final verification…

We’ll send you a payment schedule for you to review.

What is the interest rate?

Interest rates are based on type of loan and risk assessment.

Rates vary from 1.80% per month.

A competitive rate is always provided for you to consider.

The rate is calculated once we do all our checks.

Are there any fees involved if I pay out my loan earlier?

In the interest of genuine transparency…

There are no hidden fees and charges.

Everything detail is clearly laid out for you to see.

If you are able to pay off your loan early, you’ll save on interest!

Will a credit check be listed on my file?

If you are curious to test eligibility to get feedback…

Simply fill out form by answering pre-approval questions.

*Rest assured we do not carry out any credit checks.

If you decide to move forward…

We’re obligated as a responsible lender to do credit assessments on your eligibility.

Security and Privacy:

How is my personal information protected?

Information, security and confidentiality are foremost priority.

We closely adhere to the Privacy Act (1988) to ensure we’re doing everything in compliance with laws and regulations.

Why do I have to provide my online bank login information?

It is necessary to login to your bank as part of this process.

Your bank login allows our specialists to work more effectively.

This helps us to significantly speed-up your loan application.

*Access is encoded and strictly read-only copy of bank statements.

We understand you want security, speed and accuracy as well.

If you’re still unsure, you can use traditional options to upload statements manually.

How is providing my details online safe and secure?

Your safety and confidentiality is protected by unique 128-bit encryption.

This is exact same encryption technology used by all banks and financial institutions.

Your username and password is kept safe, secure, protected and is never revealed.

It’s used by automated retrieval service to review three months of financial statements.

What information and detail is shared when I login to my bank account?

When you login to your account…

This allows bank statement details to be reviewed for verification.

The technology behind 128-bit encryption protects sensitive login data.

How do I know this is a safe and legitimate service?

Security is provided by high compliant and secure third party service.

This technology utilises encryption data transfer with latest in internet security.

The browser and website is constantly monitored and verified.

Service is provided by VeriSign highest level of online security.

Will anyone else be logging into my bank account?

Your bank account is secure, safe and protected.

And is never accessed by any other person.

When you login this enables automatic retrieval service to review bank statements.

Once statements are reviewed login expires and data cannot be accessed again.

We do not make any changes to files or transactions.

Do you have any questions not answered above?

email: support@business-ad-ventures.com

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Frequently Asked Questions

Tell me about Small Business Loans?

You can get loans from $5,000 to $500,000+

And with no security required to access up to $100,000.

The term of the loan is between three and 24 months and the cash flow friendly repayments are either daily or weekly.

How is Business Loan different from a traditional business loan?

You can apply for small business Loan in under ten minutes and receive a fast response in often as little as one hour.

The application is 100% online and funds can usually be provided the same business day.

Traditional business loans reference an interest rate per annum.

There may be other fees and charges.

The Business Loan details is total amount payable upfront…

Inclusive of any interest, broken down into either daily, weekly, or fortnightly repayments.

What can Small Business Loan be used for?

We’re totally committed to helping small businesses access the funds they need to grow.

Yes! Fast, flexible funding can be used for business:

• Renovations
• Marketing
• Purchase inventory
• New equipment
• Working capital
• And much more…

How do I apply?

It is fast and easy, simply click the ‘Get Started’ button and complete online application.

It should take no longer than ten minutes.

And for loans of $50,000 or less, all you need to have ready is:

Registered ABN or Company number
Active trading for min of 6 months
Monthly sales over $5,000

And for loans over $50,000…

You’ll also have basic financial statements, like a P&L and cash flow.

How fast will I get a decision?

When you apply online…

You can choose between using our advanced bank verification system or uploading PDFs of your last 3 months of transactions.

If you choose advanced bank verification system, we can respond to your application the same business day (often within 1 hour).

If you upload PDFs, usually get back to you the next business day.

If you apply before 4pm on a business day.

And your application is approved….

Usually have money in your account the same or next business day.

How do you charge for Small Business Loans?

No hidden fees or charges of interest because terms are usually less than 12 months.

Instead we offer a factor rate.

A factor rate is expressed as a decimal figure not a percent.

It varies based on your industry, how long you have been in business, health of your cash flow and other factors.

When a factor rate is used, interest is charged to principal when loan is originated, it doesn’t compound.

How fast will I get the money?

You want access to funding fast and this is important…

So you can get money as soon as possible.

If you apply before 4 pm on a business day.

And your application is approved…

Usually have money in your account the same or next business day.

What are the fees?

There are no hidden fees for our small business loans.

And you’ll know exactly how much you to repay from day one.

There’s no compounding interest…

No hidden fees and no penalties for early repayment.

Is there any penalty for early repayment?

There are no fees for early repayment and no balloon payment at the end of your loan.

We are totally transparent with our customers about the total amount due and the date of the final payment.

Once you make the final payment your balance will be $0.

How do repayments work?

It’s important to offer you easy ways to pay back your loan.

To help you avoid missing repayments…

We offer daily, weekly or fortnightly repayments automatically deducted from your nominated business account.

How much can I borrow?

The total amount of your loan depends on the specific circumstances of your business.

The FinTech platform looks at a variety of factors to determine the health of your business.

Based on this information, we may be able to provide you unsecured loan amount up to $250,000.

We also offer a secured business loan of up to $500,000+

Will my information be protected?

Protecting your information and being clear about how we collect, use, exchange and protect your information is of huge importance.

And a key and vital part of our relationship with you.

Please view => Privacy Policy.

Is it safe to link my bank account to FinTech platform?

Yes. We use industry compliance encryption standards.

This system protects your personal, sensitive and financial data.

The platform is ISO27001 certified and compliant.

This is 100% commitment to customer security and privacy.

We use an advanced bank verification system link to instantly verify your bank account information online.

This allows for a much faster response.

Are you a business owner looking for a trusted small business loan with no hidden fees and no hassle?

We personalise applications to make it super easy to understand and quick to complete, but if you have any questions, we’re here for you.

Tap or click here to get started…