Rest assured that we will be available to answer your questions and provide guidance throughout the loan process.
At Eakins and Finances we are dedicated to helping businesses and investors secure the financing they need to grow and succeed.
With our extensive knowledge of the loan market, we support businesses in finding the right loan to meet their needs and financial expectations. We take the time to thoroughly assess each business’s economic situation, business’s cashflow position; including its revenue, expenses, and credit history, to determine the most competitive loan options.
We help businesses negotiate competitive interest rates and conditions and provide ongoing support and management services to ensure the loan is processed smoothly and efficiently.
Some business finance may require collateral to secure the loan. This could be in real estate, equipment, or other assets. The value of the collateral will help determine the size of the loan and the interest rate offered by the lender. In some circumstances you can borrow up to 100% of the value of a residential property for business purposes. This can be in addition for your home loan.
We also have available render who will do some business loans unsecured.
A business’s financial history, credit score, and other relevant factors will determine its eligibility for a loan. Lenders will assess these factors to determine the level of risk associated with the loan and whether the business is a good candidate for financing.
The business’s ability to service the loan will be governed by the loan term as well as the interest rate which will be use to calculate the monthly repayment. It’s essential to have a clear understanding of the repayment terms to ensure the loan is affordable and manageable over time.
The interest rate is one of the most important factors when evaluating a loan. A lower interest rate can mean lower monthly payments, while a higher interest rate can make the loan more expensive over time. It’s important to compare interest rates from different lenders to find the best deal.
The level of customer support the lender provides is another critical factor. Businesses will want to know what kind of assistance is available during the loan process and what resources are available if they need help with the loan after it’s approved.
Do you need help getting better financing options and finding deals to save money?
Get in touch with our experts today!
There are several types of loans available for businesses in Australia. Here are some common types of business loans:
The collateral requirements for a business loan can vary depending on the lender and the loan amount. We can provide information on the type of collateral required and help you understand the impact on your business.
Yes, we definitely can support the business's financial needs. This may include assistance with loan refinancing. We are committed to helping you find the most suitable financial solutions based on the available options.
The time it takes for loan approval varies depending on the lender and the complexity of the application. The approval time is estimated based on our experience with similar loan applications and our work with the lender to ensure a timely and efficient process.
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88 Abbott Street
Cairns QLD 4870
Eakins Finance Pty Ltd ABN 42 611 738 759
Credit Representative 488354 is authorised under Australian Credit Licence 389328
Your full financial situation will need to be reviewed prior to acceptance of any offer or product
* Please note: The home loan product with the lowest current interest rate may not necessarily be the most suitable for your personal circumstances. You may not necessarily qualify for this particular home loan product. You will be subject to the credit policy, terms and conditions of that particular bank or lender. The states and territories that you live in may affect the availability of the home loan products that may be available to you.
# The comparison rate above is based on a home loan of $150,000 for 25 years. WARNING: This comparison rate applies only to the example or examples given. Different amounts and terms will result in different comparison rates. Costs such as redraw fees or early repayment fees, and cost savings such as fee waivers, are not included in the comparison rate but may influence the cost of the loan.
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