BUSINESS LOANS TAILORED TO YOUR GROWTH GOALS

With over a decade of finance  and banking experience our
team delivers expert guidance and exceptional care at every step.

Finance That Supports Your Business At Every Stage

Securing business finance shouldn't pull you away from running your business. whether you're purchasing equipment, expanding premises, managing cash flow, or seizing new opportunities. We work with you to understand your business goals and financial position, then connect you with lenders who specialise in commercial finance.

From structuring your application to navigating lender requirements, we manage the process so you can focus on what you do best. Our role is to secure the right funding solution with competitive terms, giving you the financial foundation to grow with confidence.

Why Choose Fruition Financial?

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FAQs

Looking for an answer?

Are there any restrictions on what I can use a business loan for?
Business loans must be used for legitimate business purposes. This can include working capital, purchasing equipment or inventory, office or retail fitouts, funding growth and expansion plans, acquiring another business, or covering operational expenses. As part of the approval process, you'll sign a declaration confirming the loan will be used for business purposes. We'll help you structure the loan to match your specific business needs and ensure it aligns with lender requirements.
Do I need financial statements and tax returns to get a business loan?
It depends on the lender and loan type. Some lenders require full financials including tax returns and profit & loss statements, while others offer low-doc options that only need BAS lodgement confirmation, accounts receivable/payable summaries, and recent bank statements. We'll assess your situation and match you with lenders whose documentation requirements suit your business structure and circumstances.
Do I need to put down a deposit?
In most cases, a deposit isn't required for business loans. However, you may need to provide a deposit if:

- You're not a homeowner

- Your business has been operating for less than 12 months

- You have no established credit history

- You have adverse credit history

We'll review your circumstances and let you know upfront what's required so there are no surprises.
How much can I borrow?
Business loan amounts vary depending on the lender and your business's financial position. Minimum loan amounts typically start from $5,000 to $20,000, while maximum amounts are assessed on a case-by-case basis. If your business meets ABN and GST registration requirements and demonstrates sufficient serviceability, there's no set upper limit. We'll work with you to determine a realistic borrowing capacity based on your business's financial health and objectives.
How long does the approval process take?
Approval timeframes depend on the documentation route and lender requirements:

- Full documentation: 2 to 5 business days from document submission

- Semi low-doc: 1 to 3 business days

- Low documentation: 1 to 2 business days

These are average timeframes, not guarantees. If you have urgent funding needs, contact us as early as possible so we can prioritize your application and work with lenders who offer faster turnaround times.
What if my business has less-than-perfect credit history?
Poor credit history doesn't automatically disqualify you from business lending. We work with specialist lenders who assess applications holistically, looking at your current business performance, cash flow, and future projections rather than solely relying on credit scores. While interest rates may be higher for businesses with credit issues, we'll work to find a solution that gets your business the funding it needs while you rebuild your credit position.

Speak With Our Team

Secure a complimentary session with one of our MFAA-approved brokers today

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