Commercial express loans explained

As a business owner, it’s important to prioritise.

We know you’d rather be focusing on your customers and growing your business rather than sorting through paperwork and spending hours on the phone organising finance.

A commercial express loan may be exactly what you need if you’re time poor and don’t have your paperwork sorted for a regular loan.

So what is a commercial express loan?

It works much the same as a regular loan, the only difference is the paperwork. You only need to be registered for GST and an ABN for 12 months and have a mortgage. You’ll also to provide proof of identification and the application form (including the signed privacy form).

That’s it.

A commercial express loan will give you similar rates and loan types to a traditional loan, but without the reliance on having all the necessary paperwork.

And it’s not just limited to cars. You can get a commercial express loan to for your business (think office equipment, IT hardware, tools and machinery) so long as it’s deemed fit for purpose (i.e. do you need it and will it be used for business purposes?) If you’re unsure, speak to your tax accountant today.  

Does this suit you?

Commercial express loans are available if you’re a self-employed worker or a business owner and will work for you if you don’t have the time (or access to) the necessary paperwork to apply for a regular loan.

There should be a commercial express loan that suits your individual needs because each lender has different criteria. Stratton can help you if you’re a sole trader, a business partnership, trusts and pty ltd’s so just reach out to us if you think you qualify.

Do you:

• ABN registered for 12 months
• You don’t have to be registered for GST
• Buying privately or from a dealer
• Maximum lend of $200k
• Can provide a deposit if not a property owner.

Ready to apply?

To find out if a commercial express loan suits you, speak to a dedicated Stratton consultant on 1300 787 288.