BUSINESS LOANS

Very efficient, professional and understanding to my needs!. Mango credit did a fantastic job assisting me with a short term loan.

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BUSINESS LOANS FOR COMMERCIAL USE

A business loan (or commercial loan) is finance provided to an individual, partnership, trust or company for business, commercial or investment purposes (rather than for personal use).



Mango Credit Australia is increasingly providing short term loans to small businesses and investors that would benefit from a quick cashflow injection for a variety of different business-related purposes.

Acquiring a business loan these days can be a great challenge. Although small and medium enterprises play such a big role in creating jobs and fuelling economic growth in general, access to finance for start-ups is limited. Nevertheless, most of the small business owners in Australia are owning up to that challenge because they need capital to fund either start-up expenses or pay for business expansion and development. Fortunately, credit lending companies, as well as savings and loan associations, are continuously developing programs and strategies to provide small and medium businesses with the financial assistance they need. 

With a strong record for two decades, we, at Mango Credit, have already granted business loans to countless customers without difficulty and inconvenience. We can assure you of fast, reliable and dedicated service that can truly help you and your business. Moreover, Mango Credit's lending specialists will focus on helping you obtain the right business loan and enable you to understand the process of how you can work with your loan. 

Mango Credit can also provide you with a wide range of options and flexible payment terms to get you started with your expansion or commercial needs. We share your vision in your business venture. Call us at (02) 9555 7073 today.

Reasons Why Business Owners Rely on Business Loans

In competitive environments, small and medium businesses take on business loans for a multitude of reasons, including to increase revenue, increase their market share and, most importantly, compete for sustainability. Access to and reliance on credit finance assistance makes it possible for owners to achieve these goals. 

  • To buy or fitout property for business expansion

    Business owners are likely to take a loan from a bank or credit company in the hope of expanding their operation to new and additional business premises. When owners are already capable of handling a growing business and have experienced increased cash flow, they immediately engage with a lending company for financial access. Most business owners aspire to expand their business operations to new areas and markets, often by establishing another branch at a new location, which makes acquisition of business premises utterly essential.

  • To upgrade machines and equipment

    During the start-up years, small businesses initially work with simple equipment to produce goods and deliver services. However, as the business gradually grows, competitive tools and equipment are necessary to increase productivity and meet increased demand, thereby growing profit returns. Accessing a business loan can automatically enable you to purchase better equipment to assist you in better running your business and meeting your customers' needs.

  • To increase working capital

    Undoubtedly, a business needs to maintain an adequate level of working capital to manage its daily operations. Sometimes, a business can fall behind, and often because of reasons beyond its control, for example, the seasonality of its products or services. In these the business' earnings may not be enough to run the operational costs. Hence, having access to fast and easy finance can assist a business in traversing down periods in its operations.

  • To maintain business operations
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Types and Function of a Business Loan

If you want to finance your business venture with a business loan, you must know that there are different types.

  • Term Loan

    This loan is best suited for business owners who are considering investing in any aspect of the business, such as for working capital, equipment upgrade, purchase of a real estate or commercial renovation. Typically, these loans are interest-only loans, with the principal repaid at the expiry of the loan term. Payment must be completed on the assigned payment schedule. 

  • Business Lines Of Credit

    A business line of credit is similar to how a credit card operates. You, as a borrower, are given a fixed amount of money that you can use anytime. The business line of credit can be fixed or revolving. The revolving line of credit resets to the original amount once the borrowed money has been paid, which makes the borrower's credit fully available again.

  • Business Equity Loan

    You can use your business assets to secure financial assistance. An advantage of using a business equity loan is that you will be offered a low-interest rate and flexible payment options. Moreover, this type of loan poses smaller risks because you only have to provide your business assets as security, not your personal ones.

  • Business Overdraft

    A business overdraft allows you to withdraw an amount that is greater than the balance of your account, and you can use the money without waiting for your clients' payment. This loan is best suited for business owners who are dealing with seasonal workers. To make this work, the lender assigns a specific interest rate for the amount of money you spend on the overdraft.

  • Low-Doc or No-Doc Business Loan

    Business owners who lack the documents to substantiate their ability to the borrower and repay the money, for example, a newly established business, can opt for a low-doc or no-doc business loan to resolve any financial needs. However, this type of loan can put the lender at high risk because the borrower is not required to present any financial statements or income statements to get approved. That's why the lender adds a much higher interest rate to it. 

  • Unsecured Business Loan

    The advantage of taking an unsecured business loan is its quick approval. Whilst other business loans may require a complicated process before getting approved, you can easily get this one. The lender, however, will have to analyse your financial capability and check your bank transactions to determine the amount that you can borrow.

  • Invoice Financing

    This is suitable for those who deal with receiving money from customer's invoices. Waiting for the money from invoices might take months after the product or service has been delivered, and this could create a cash flow problem. Invoice financing lets you borrow money against the amounts due from your customers.

Advantages of Applying for a Business Loan

Expanding your business is often necessary to facilitate profitability. Such expansion can be achieved with the help of a business loan. In addition to it, there are other advantages to taking a business loan.

  • Financial assistance allows your business to grow.

    Businesses that are ready to grow or expand can benefit from business loans. You can borrow money to fund a renovation, increase cash flow or upgrade machinery and equipment.

  • A business loan gives you control over your borrowed money.

    When you borrow from a bank or a lending company, you have full control over how you will use the funds in your business. You can use it to run your business or manage your operations according to your business strategies.

  • Funds can be easily accessed.

    Whilst seeking for investors to put money into your business can be a good decision, it might take years to find the right investor who really cares, and the process can be complicated. Taking a business loan can help you achieve your goals without too much of a fuss. A business loan gives you immediate access to funds; you wouldn't wait for your revenues to grow or multiply. Acquiring business assets or upgrading your products and services becomes easy. 

Business loans offer low-interest rates.

Credit companies are highly competitive. To attract clients, they usually give low-interest rate incentives. This becomes beneficial for borrowers because they can maximise the loan programs provided by lending companies. 


Taking a business loan can give you many advantages, but it is still important to get a clear picture of what you want for your business and how you will spend the funds. Enlisting the help of commercial loan experts will greatly help you choose the right finance assistance strategy for you. 


We, at Mango Credit, value your business. We make every opportunity to provide easy access to capital. For more information, contact us at (02) 9555 7073 or send us an email at info@mangocredit.com.au.

Get in touch if you need short term finance for business and / or investment use when your traditional lender can’t deliver based on circumstance or time, you don’t have financials in order (but have equity in your home or any other type of real estate), or you need short term business loan for:

Working capital / cashflow for business use

Stock or an equipment purchase

Payment of wages

Invoice lags

A tax bill

Starting a business

Investing in a business

Buying a business

Buying shares

An opportunity too good to miss!

Short term business loan snapshot:

$25K – $500K+

By caveat, second or first mortgage

Funding typically within 3 – 5 days from application

Loan terms from 2 to 24 months+

Available Australia-wide

No credit check or income assessment

Minimal documentation

Real estate backed (residential real estate required to obtain a loan)

Flexible underwriting

The upside of short term business loans:

  1. Buy or refinance a commercial property
  2. Help smooth out cashflow in busier (or quieter) periods
  3. Take advantage of an opportunity that requires upfront payment
  4. Purchase stock or equipment
  5. Reduce the impact of invoice lags
  6. Pay a tax bill
  7. Start a business
  8. Invest in a business
  9. Buy a business
  10. Buy shares
  11. Being able to take advantage of an opportunity too good to miss!
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