Business Loans
Commercial Loans
Commercial Loans
Time to grow your business
Running a business is rewarding. But it can also be challenging, mainly when cash flow is tight, or you lack the funds to expand, purchase new inventory or invest in quality tools, machinery and equipment.
The first thing you’ll need to figure out is what type of finance is most suitable for your business.
Commercial loans are either secured or unsecured – depending on whether you use an asset as collateral for the loan. This process can be complex and confusing for some.
THAT’S WHERE WE CAN HELP.
At Monetta Financial Services, we work with over 40 lenders to find your ideal commercial business loan and then guide you through the loan process to settlement and beyond.
How we can help you?
Commercial Loans Options For Your Business
Unsecure Business Loans
Unsecured business loans are usually short-term solutions that can assist small to medium-sized businesses with significant expenses. These loans require no security but tend to have a higher interest rate. They can help a business with:
- settle outstanding tax debt
- cover employee’s wages
- control day to day expenses
- settle unpaid bill
Loan amounts can be from $10,000 up to $150,000, fixed or variable.
Trade and Debtor Finance
Managing cash flow in a small to medium-sized business is essential and, for many, the key to business survival. Trade finance and debtor finance can assist companies with:
- Supplier finance
- Import / Export costs; and
- Inventory finance
In some instances, businesses can receive a line of credit of up to $300,000 to cover ongoing costs.
Motor and Asset Finance
Motor vehicles and equipment are among the most popular additions to a business. Motor and Asset finance can help growing businesses with:
- Hiring, leasing and purchasing vehicles
- Purchase heavy equipment e.g. trucks,
- factory machinery, earth moving machinery and more
- Light commercial trucks up to $150,000
- Start-up equipment e.g. office materials, computers and IT infrastructure