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0433 835 592
0433 835 592
0433 835 592
APPLY NOW
0433 835 592

Thor Finance

1300 155 945
Personal, Vehicle & Leisure Loans

Business Loans

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Loans

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Commerical
Loans

Business
Loans
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Business Loans

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Personal, Vehicle & Leisure Loans

Business Loans

What type of loan do you need?

Asset
Loans

Personal
Loans

Commerical
Loans

Business
Loans

Business Loans

A business loan is a form of financing provided by banks, credit unions, online lenders, or government agencies to businesses in need of capital. It can be used for various purposes, including:

  • Starting a new business
  • Expanding an existing business
  • Purchasing equipment or inventory
  • Covering operational expenses
  • Hiring employees
  • Improving cash flow

Business loans can be structured in multiple ways, such as lump-sum payments with fixed repayment terms, revolving credit lines, or cash advances based on revenue.

Types of Business Loans

  • Term Loans – A lump sum loan with fixed repayment terms, often used for long-term investments.
  • SBA Loans – Government-backed loans offered by the Small Business Administration with competitive rates and longer repayment terms.
  • Business Lines of Credit – A flexible financing option where businesses can borrow up to a limit and pay interest only on the amount used.
  • Invoice Financing – A short-term loan where businesses receive an advance on unpaid invoices.
  • Equipment Loans – Loans specifically for purchasing machinery, vehicles, or equipment.
  • Merchant Cash Advances – A lump sum of cash repaid through a percentage of daily credit card sales.
  • Microloans – Small, short-term loans for startups and small businesses, often provided by nonprofit organizations.

Safeguarding Your Credit Status

Your credit score is a reflection of your financial standing. At Thor Finance, we take great care with every car loan application to ensure your credit remains in top shape. Our focus isn’t just on securing financing; we’re committed to preserving your financial future. Our team of professionals understands the value of a strong credit score and works hard to provide Asset Loan solutions that support your overall financial well-being. We prioritize responsible lending, making sure our car financing options contribute positively to your credit health.
Apply for a business loan

How to Qualify for a Business Loan

Lenders assess various factors when determining loan eligibility, including:

  • Credit Score – A higher personal and business credit score improves chances of approval.
  • Business Revenue – Demonstrating steady income helps lenders evaluate repayment capability.
  • Time in Business – Most lenders require at least 6 months to 2 years of operational history.
  • Collateral – Some loans require assets as security.
  • Business Plan – A strong business plan can enhance approval chances, especially for startups.

How to Apply for a Business Loan

  • Determine Loan Purpose – Identify why you need financing and how much you require.
  • Check Your Credit Score – Review both personal and business credit reports.
  • Compare Lenders – Consider banks, credit unions, online lenders, and government-backed options.
  • Gather Required Documents – Common documents include financial statements, tax returns, business licenses, and legal documents.
  • Submit an Application – Apply online or in person, depending on the lender.
  • Await Approval & Funding – Once approved, funding can take anywhere from a few days to weeks.
Apply for a business loan

Shift Gears with Muscle Money

Ready to hit the road with your dream car? With Muscle Money’s seamless access to leading car loan solutions as well as expert brokers on hand when you need us, your dream car is just an application away. Experience the difference, experience the best.

Our approach is customer-centric, focusing on your needs and preferences. We take pride in offering personalised service, ensuring that each client receives a car loan package that perfectly fits their circumstances.

With Muscle Money, you’re not just getting a loan; you’re embarking on a journey towards achieving your automotive dreams with a reliable and supportive partner by your side.

Benefits of General Commercial Finance

Every business experiences fluctuations in revenue, with periods of high sales often followed by quieter times. General commercial finance provides a solution to smooth out these fluctuations, ensuring that businesses maintain consistent cash flow even during lean periods. This means payrolls are met, suppliers are paid and day-to-day operations can continue uninterrupted. By having access to working capital when needed, businesses can avoid disruptions and seize opportunities as they arise.

Example: A retail business facing seasonal slowdowns can use commercial finance to cover operational costs, ensuring it remains fully stocked and prepared for peak sales periods without dipping into emergency funds.

Business growth often requires substantial financial investment. Whether you’re looking to expand into new markets, introduce a new product line or open additional branches, commercial finance can provide the capital needed to take these strategic steps. This allows businesses to scale operations without relying solely on internal funds, reducing the risk of overextending financially while still positioning themselves for future gains.

Example: A restaurant chain can use commercial finance to open new locations, enabling rapid expansion without straining the existing operational budget.

These loans do not require collateral, making them a viable option for used cars or cars purchased from private sellers. However, they typically come with higher interest rates Example: A manufacturing company can leverage commercial finance to purchase automated machinery, boosting production capacity and operational efficiency, which, in turn, leads to higher output and revenues.

Managing multiple loans or lines of credit can become a cumbersome task, with differing interest rates, payment schedules and terms. Commercial finance offers a debt consolidation option, allowing businesses to combine multiple obligations into one loan with more favourable terms. This simplifies financial management, reduces the stress of multiple payments and often results in lower interest rates or extended repayment periods, freeing up cash flow.

Example: A construction business with several loans for equipment and vehicles can consolidate these debts into a single commercial finance solution, making repayments easier to manage and reducing overall interest costs.

Strong financial backing not only helps maintain operations but also improves a company’s market reputation. Access to commercial finance can be a sign of business stability, showcasing a company’s ability to meet its financial obligations and fund growth initiatives. This, in turn, builds confidence with investors, partners, suppliers and customers, fostering deeper trust and stronger business relationships.

Example: A tech startup that secures commercial finance to fund product development can enhance its credibility with potential investors, signalling that the business is well-positioned for future growth.

One of the most valuable aspects of commercial finance is the ability to adapt to changing financial needs. Businesses may face unexpected challenges or opportunities that require additional capital on short notice. Commercial finance solutions offer the flexibility to access funds as needed, whether it’s for an emergency repair, an acquisition opportunity or a sudden increase in demand. This adaptability allows businesses to remain agile and competitive in a dynamic marketplace.

Example: A wholesale distributor can use commercial finance to take advantage of a bulk inventory purchase at a discounted price, even if cash flow is tight at the moment.

Types of busniess Loans Available

These are the most common type of car loans. A d car loan involves using the car as collateral against the loan. This often results in lower car loan interest rates compared to unsecured loans, but it means the lender can repossess the car if repayments are not made.
These loans do not require collateral, making them a viable option for used cars or cars purchased from private sellers. However, they typically come with higher interest rates
This is an auto financing option involving an agreement between the employee, employer, and a finance company. It allows the employee to lease a car using their pre-tax income, potentially offering tax benefits.
Business Plan
This isn’t just a document, it’s a roadmap. Detail your business goals, strategies, and projections, painting a clear picture for potential lenders.
These are the report cards of your business. They showcase your financial health and provide lenders with valuable insights into your profitability and financial management.
Compliance is essential. Demonstrate your commitment to tax regulations and offer a transparent record of your business income.
These statements offer a snapshot of your daily financial management and can play a key role in building trust with lenders to secure unsecured credit or even secured commercial loans
Provide lenders with a comprehensive view of your business’s financial position, outlining both your assets and liabilities.
Businesses are powered by people. Offer insights into the key individuals leading the company, highlighting their financial status, expertise and their involvement
enders value transparency. Clearly explain how you plan to use the funds and outline the expected return on investment.
Apply for a business loan

Car loan interest rates can be fixed or variable. Fixed rates offer certainty over repayments, while variable rates can fluctuate with the market.

The length of a car loan can significantly impact the total amount repaid. Shorter terms generally mean higher monthly payments but lower overall interest.
Be aware of establishment fees, ongoing account-keeping fees, and early repayment penalties.
Apply for a car loan

Email us to let us know how we can help you with your business’ Loan requirements.

Thor Finance

ABN 31 629 922 589

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