Another happy client!
For this Grocery Store company operating in the retail industry in Sydney, NSW, we found an unsecured business loan with one of our lenders (Prospa). The loan for this grocery store can be used for many different purposes:
- Grocery and supermarket expansion
- Advertising for supermarket
- Pay suppliers and/or vendors
- Hire employees
- Pay taxes
- Others
An unsecured business loan could be the best option for you if you are looking to borrow money without collateral.
At Sure Capital, our experienced team can help you to choose the best loan for you and if you qualify for this type of financing option. In addition, we connect the clients with the best lenders that can offer the best deal for your needs.
These are the minimum eligibility criteria for an unsecured loan:
- Australian Business with an active ABN
- Operating in Australia
- Annual turnover of minimum $75,000
- Be in business for a minimum of 3 Months
- Have a good cash flow
- Run a profitable business
- A good credit score
An unsecured business loan is a short-term loan. Our lenders can offer credit from 3 months up to 36 months. Depending on the interest rate, usually, our clients take a loan for 12-18 months on average.
- Client’s Industry:
- Retail
- Client’s Location:
- New South Wales
- Month and Date of the deal:
- June 2020
- Finance Product:
- Unsecured Business Loan
- Amount funded:
- $77,250
- Government Scheme:
- No
- Lender:
- Prospa