Are there small business term loans in Australia?
Yes there are small business term loans available in Australia. It is important to note that every term loan offered in Australia has a specified repayment schedule as well as a floating interest rate. They are also known to almost always mature between one and ten years. If you are looking into small business term loans to purchase fixed assets such as equipment, they could be the correct option for you.
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You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.
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