Lending Connect offer clients impartial general advice and connect them to the right lender for their business needs. We guide our clients to lenders that can offer quick and easy loans, that are suitable for their business. We do not provide the loans ourselves, through our industry knowledge we cut out the hassle of finding the right lender for our client’s business.
How do I qualify for a loan ?
- You must turnover a minimum of $10,000 per month.
- You must have been operating for at least 6 months and have a registered ABN
- You must be able to provide a minimum of 6 months business bank statements.
- You must be able to provide a copy of your identification when you apply
How much does Lending Connect charge?
There is no charge for our service; we offset all costs to the lender.
What interest rate do you charge?
Our loans do not have interest rates attached to them, the lender that we connect you with charge a fixed fee the loan which is agreed upfront. They assess your business type, time in business, the size of loan you qualify for and your bank statements to determine the fixed fee.
Why should I use Lending Connect?
We can offer the following:
- Easy application process
- Fast access to funds (receive funds within days)
- Flexible terms to suit your business
- Get up to $250K for any business purpose
- High approval rates
- Personalised service
How fast can I get approved?
We can get you through to the right lender within minutes and full approval for the loan can be arranged the same day.
What loan amount and terms do you offer?
Our lenders can arrange a loan for you from $5,000 to $250,000. Our lenders offer various loan terms from 3 months to 12 months.
How soon can I receive the funds?
You can receive the funds within 48 hours when you apply through one of our lenders and sometimes funds can be available the next day, funding can be held up when customers cannot provide all the supporting information, however an average funding time across all the loans our lenders provide is around 10 days.
What can I use the funds for?
Once you have been funded by one of our lenders you can you use the money for any business purpose, our lenders will not stipulate what you can use the funds for, please see below what customers use funds for:
- Purchase stock
- Equipment purchase/upgrades
- Extra Marketing
- Hire more employees
- Pay expenses
- Cash flow
What industries do you help?
- Real Estate
- Hair & Beauty
- Cleaning Services
- And many more……
Are the loans unsecured?
Yes, our lenders mainly offer unsecured loans. Our lenders require a personal guarantee from the majority shareholder / Director of the business.