“As Small Business Owner You’re Constantly Being Challenged From Daily Cash Flow to Working Capital!”

Demand is tremendous and business owners are desperate for a non-bank loan alternative…

If you want business funding especially from banks this puts you at a major disadvantage. Why?

Because you already know banks don’t always want to lend you money.

And they make lending over complicated demanding lots of paperwork and documents…

Dear Business Owner,

Now, what if your collateral 100% of the time for loans is under $1 million?

And what if the percentage dropped to 63% for loans of $100 million.

Yes, personal guarantees are typically required for loans below $5 million.

If your business cannot provide equipment, buildings, inventory or account receivables…

The bank has minimal options to secure repayment of loan.

And it makes your deal unattractive.

Press PLAY to see what are your options if bank rejects your small business loan application…

Below are 10 reasons banks will not lend you money:

1. Unstable cash flow

For some seasonal businesses extreme cash flow highs and lows make fixed loan repayments unpredictable

2. Insufficient security

Banks requirement for collateral to secure the loan is mandatory to satisfy risk management

3. Overload of debt

Banks have lowered their risk debt exposure to small business making it considerably harder to obtain an approval

4. Uncertain credit risk

Banks are reluctant to fund untested or new markets, as they always use industry standards and benchmarks when assessing risk

5. Insufficient trading history

Banks want confidence that the business is managed efficiently and can proof capacity to repay the loans

6. Untested business model

Establishing a viable business model takes time and the banks are not willing to take the risk with you

7. Weakening economy

If current economic conditions are weak the banks factor this in and tighten their credit criteria in the event of foreclosure.

8. High-risk industry

If a bank believes you are operating in a “risky or weak industry” then you are less likely to have your application approved

9. Unclear market growth

Banks are not venture capitalist or innovation risk takers and would not fund an emerging market until supply and demand is proven

10. Poor management

Banks look for a strong and diversified management team to implement business plan to achieve its projected revenue.

Bank rejected your application?

Where can you turn for help?

Where do you go when the banks are unable to help your business finance growth?

If you are challenged because of past bad credit, insufficient trading history…

Maybe you want working capital for a high risk industry?

Listen, we can find a flexible solution for you through alternative finance.

What is Alternative Finance?

Alternative finance is a form of funding that is not provided by traditional lenders such as banks.

Funds are sourced from private lenders, pooled investment schemes, wholesale funders, peer-to-peer, online, subscription-based loan funds, contributory loans and more.

Each of these is slightly different in terms of the loan solutions they offer.

And with traditional business loans, you should research pros and cons to determine if these options suit your business needs.

What are your options?

Unsecured business loans provide cash flow to a wide variety of small and medium business owners.

These might include sole traders, family enterprises, management buy-outs, acquisitions, partner exits or funding that large project you have just won.

Typical alternative finance models leverage against the business cash flow, aged receivables and payable ledger or an advance against future credit sales, such as a Merchant Cash Advance.

What is a Unsecured Business Loans?

These business loans do not require collateral to underwrite the credit risk.

They are short-term loans for immediate working capital.

Typically you will pay a higher interest rate over bank finance.

Your credit score and industry type, plus the loan term will determine the rate you pay.

What are the benefits to your small business?

• High approval rates
• Flexible payback terms
• Quick access to funds
• Minimum paperwork
• Any business purpose
• Unsecured finance

Something to think about…

Cash flow is a big problem for so many small businesses around Australia.

And while cash fluctuations may only be small they can have a huge negative effect on a business ability to operate.

Around 200,000 small businesses have problems accessing business finance (Deloitte Access Economics).

Access to finance is most common obstacle to innovation affecting about 400,000 businesses (Australian Bureau of statistics (ABS) data).

Small sized business are the biggest drivers of the Australian economy, accounting for almost 50% of Gross Domestic Product (GDP).

Now, keep in mind they are not receiving funding and support from the banks.

How to boost your cash flow…

Saving time and money is something all business owners should aim for right?

Click here to get more information about unsecured small business loans up to $250,000.

Small business loan denied