Business Loans
Why Choose Centrum?
Leading Australian businesses trust us as their financing partners.
Most brokers focus on loans with the lowest rates and the fastest approvals.
Our approach combines a strategic approach with a long-term outlook – how will a loan support your business objectives today, next quarter, and in five years?
Your business deserves the opportunity to thrive – regardless of poor cash flow, existing liabilities, or low documentation.
Our lending specialists act as your advocates, working to source financing that supports your objectives.
A small lending panel can restrict your choice of loans.
We proudly partner with over 40 bank and non-bank lenders, giving you access to a genuinely diverse range of products.
Your repayments don’t stop after settlement – and neither does our relationship.
We conduct semi-annual portfolio reviews, which can help you access reduced repayments and better features.
We finance organisations across Australia
Find Your Lending Scenario
Startup Funding
Small Business Funding
Merger & Acquisition Financing
Asset and Equipment Financing
Business Loan Refinancing
Business Loan Options
Access different types of financing with low-doc, no-doc and bad-credit options.
Business Overdraft Facility
Merchant Cash Advance
Equipment Financing
Business Loan
Invoice Financing
Short-Term Loan
Frequently Asked Questions
The timeframes from application to settlement vary depending on your business, the type of loan, and the lender. An unsecured small business loan from a non-bank lender might be approved in as little as three days; more complex financing could take weeks or even months.
If you want to know how quickly your business can access funding, call us for an over-the- phone estimate. Alternatively, for a more in-depth discussion about financing pathways and loan options, schedule a 30-minute consultation with one of our lending specialists.
If you can’t or don’t want to bootstrap your business (that is, fund it through personal savings and operating revenue), you can fund it through:
- Debt (that is, taking money from a lender that you have to repay)
- Equity (that is, trading partial ownership in your business for funding)
- Other pathways, such as crowdfunding or government grants.
Debt-based financing is often the easiest to acquire because it’s less risky for a financier. Debt sits above equity in your business’s capital structure, which means that, if your business is insolvent, lenders are repaid before your business’s owners/shareholders.
There are four main kinds of business debt:
- Senior debt (which is generally secured by collateral or business assets)
- Unitranche debt (a blend of senior and junior debt that is relatively rare in Australia)
- Junior debt (which is repaid after senior and unitranche debt if insolvency occurs)
- Mezzanine debt (a blend of equity and debt that is sometimes used in industries like property development).
Most small businesses take on senior debt. Unitranche, junior and mezzanine debt are
generally used only in complex or large-scale lending scenarios.
A secured business loan uses your business or personal assets as collateral. In other words, if your business becomes insolvent, the lender can recoup their loss by reclaiming the collateralised assets. Because secured loans require accurate asset valuations, they can take longer to process, but generally allow you to borrow more at lower interest rates.
An unsecured business loan, on the other hand, relies on your cash flow and other business fundamentals. A lender assesses how likely your business is to default on the loan, and makes a decision based on that information. Unsecured loans are riskier than secured loans, which means they typically have higher interest rates but can be processed faster. To offset that risk, lenders will often ask for a director’s guarantee, which means one or more directors will be held personally liable if the business defaults on the loan.
Access Agribusiness Financing
Agricultural businesses are distinct in many ways: asset-heavy operating models, complex supply chains, and cyclical, weather-dependent cash flows.
Those traits mean they have unique financing requirements – such as working with lenders who understand agribusiness fundamentals.
Whether you’re consolidating existing loans or undertaking capital improvements, we can help you access the funding you need.
Our office is located in Norwest, Sydney, but we work with businesses in regional New South Wales and across Australia.
Book a 30-minute consultation – held in person, online, or over the phone – to learn more about your options.
Fund developments and commercial property acquisitions
Acquire commercial property or fund a development with specialised financing – including loans without pre-sale requirements.
Loan Application Process
Schedule a 30-minute consultation with one of our lending specialists.
We’ll discuss your current business circumstances, strategic objectives, and financing options.
You submit your business’s financial information to your Centrum lending specialist.
Once we’ve analysed your submission and assessed your borrowing capacity, we’ll consult our lending partners.
We may schedule another meeting with you to discuss your borrowing options or request further information.
We present all viable loan options to you, modelling the financial outcomes of each one over different timeframes.
Once you understand which one is the most effective financing pathway for your business’s future, we’ll prepare a loan application.
You review and sign your finalised loan application.
We’ll then submit your application for approval to the lender you’ve chosen.
If your application is successful, your lender will disburse the funds.
More complex lending scenarios may have a slightly different approval process.
After settlement, we walk you through the repayment process (including your repayment schedule) and answer any questions you have.
We’ll also conduct refinancing checks every six months across your loan’s life.
If the market or your business’s financial circumstances change, we’ll help you switch to a better-fit product as quickly as possible.
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