An Unsecured business loan, does not have any collateral, although the lender will have a general claim on the borrower’s assets if the repayment is not made. A variable business loan charges an interest rate that is subject to change. Your repayments may differ during the term of the loan. A fixed business loan charges a fixed rate, in which your repayments will not change during this time. The usual term for a business loan is between 1-15 years.

Business Loans can include the following:

  • Commercial Property & Construction
  • Commercial Loans
  • Business Banking
  • Debt Restructuring
  • Project Finance

Business Loans

If you’re looking to expand your business, or simply streamline your business banking, Prestige Lending Australia can provide a solution tailored to your needs.

We’ll take the time to understand your business’s finances, so we can recommend the most suitable loan products. Then we’ll detail the options available from financial providers, including the big four banks, and a range of second-tier lenders.

Business loans may be either secured or unsecured. On a secured business loan, the borrower will place an asset (Equipment, Plant, or Vehicle) against the proposed new debt. If this debt is not repaid, the lender who had the loan, can claim the secured asset.


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