Cash for Business is the site for SME and owners seeking financial solutions to suit their specific needs.
It has been established to fulfil that need which has been recognised by Trevor Madigan through his time as a finance and mortgage broker.
Trevor has been a finance broker for equipment finance, commercial and domestic property mortgages, and other forms of commercial lending since 1988. Prior to entering the broking industry, he was employed within the finance sector for 15 years, many of which were in managerial positions.
When you need money fast, the traditional finance is too challenging or requires security you cannot or do not want to offer. It is unsecured up to $100000, and will help you grow your business, seize opportunities that might otherwise be lost, or simply help manage your cash flow through a quiet time.
HOW MUCH CAN I BORROW
The maximum amount you can borrow is based on the revenue and cash flow of your business.
HOW OFTEN DO I MAKE REPAYMENTS
You choose from either daily or weekly repayments. Which ever fits best within your cashflow.
HOW FAST CAN I GET MY MONEY
That depends on the loan amount and how fast you supply the required paperwork but it is less than 5 working days.
In fact if you consent to allow a view only electronic access of your bank statements, it is even faster.
HOW LONG IS THE LOAN FOR
A fixed term of between 3-12mths
WHAT CAN I USE THE FUNDS FOR
The list is endless as long as it is business related e.g. growing your business, renovating or expanding business premises, purchasing equipment, hiring more staff, paying Tax debt (parameters apply) buying bulk or discounted stock, upgrading IT systems etc.
WHAT PAPERWORK DO YOU NEED
CAN I BORROW MONEY MORE THAN ONCE
Absolutely, in fact 85% of our clients return for another business loan.
What if I have been in business less than 12 months
There may still be ways we can help. Please contact us so we can discuss your individual circumstances in more detail.
What if I have impaired Credit
We may still be able to help. Please call to discuss your individual situation further.
I am a discharged Bankrupt, can I still borrow money
We understand that life has many ups and downs and offer an open mind and understanding approach in finding a solution to your needs. It may just take a little longer and we may need more information.
After making a phone call to cash for business last Tuesday for help with either a line of credit or overdraft facility on our business account. Cash for business filled out a Prospa online application form and within 2 hours somebody from Prospa had called me. They asked a few questions about my business and within 24 hours after that phone call, our credit was approved 20k more than what we asked for and available. Not only was Prospa and cash for business very quick to respond they are also very easy to deal with.