Business and franchise loans
Business and franchise loans, without the runaround.
We work with the banks and private lenders to get your business finance approved, while you concentrate on running your business.
Business loans in short
Business and franchise loans fund buying, starting or expanding a business. MKS Lending prepares your application, compares 30+ banks and 20+ private lenders, and manages the process, so business owners get the right finance without the paperwork burden.
Business loans
Finance to buy, start or grow a business.
Business loans fund the purchase of a business, an expansion, working capital, fit-outs or equipment. Most lenders want the business to have traded for a period, often at least six to twelve months, and many will ask for security over real estate together with a general security agreement. Some lenders do offer finance for new businesses.
Because every lender assesses business risk differently, the right lender can make the difference between a decline and an approval on good terms. We do the work with the lender so you can concentrate on running your business.
Franchise finance
Buying into a franchise.
A franchise loan is generally used to buy a franchise licence, letting you sell a product or provide a service under the franchisor's brand in return for royalties and fees. Many major banks have accredited franchise systems with streamlined lending, while new or smaller systems may need a different approach.
Getting approved can be harder if you need start-up funds, have credit history issues or the franchise has been open less than a year. We know which lenders are comfortable with which systems.
What lenders look at
Prepare for these and you are halfway there.
Trading history and revenue
Financial statements, BAS and tax returns, and how long you have traded.
Profit and cash flow
Net operating income and your ability to service the loan.
Security
Property, general security agreements and directors' guarantees.
Your credit and experience
Personal credit history and experience in the industry.
Purpose of funds
A clear plan for how the money will be used and repaid.
For franchises
The franchise system, agreement and franchisor support.
Business lending, handled by people who speak your language
Our team has arranged business, commercial and development finance since 1985, often working directly with your accountant and solicitor so the loan supports the bigger plan.
Client reviews
What our clients say.
Teo did all the hard work with the bank and we concentrated on our business.
Teo understands finance and made the loan process stress-free.
Free loan review
Talk about your business finance
Tell us a little about your plans. A broker will call you, usually within one business day, to talk through your options. No cost and no obligation.
We listen first
A short chat about your goals, income and timing.
We compare 50+ lenders
30+ banks and 20+ private lenders, not just one bank's products.
You decide
We explain the options in plain English. There is no pressure to proceed.
Questions
Frequently asked questions
How long do I need to be trading to get a business loan?
Many lenders prefer at least six to twelve months of trading, often more for larger loans. Some lenders will consider newer businesses or start-ups, usually with property security.
Do I need property as security?
Not always, but property security usually means lower rates and larger loan amounts. Unsecured and asset-secured options exist for smaller amounts.
Can you help me buy a franchise?
Yes. We help with franchise purchases, from established national brands to smaller systems, and know which lenders have accredited franchise programs.
Do you charge a fee for business lending?
Depending on the loan, a fee may apply. We always tell you upfront, in writing, before you proceed.
Ready for a better home loan?
Book a free, no-obligation loan review. We compare the market and show you exactly what is possible.