A range of business loans to meet a range of needs.
- > Small Business Loans
- > Invoice Finance
- > Traditional Business Loans
- > Merchant Cash Advance
- > Line of Credit
- > Equipment Finance
AI Loans offers “Unsecured Business Loans” which can assist you through times of low cash flow in the business. As a sort term solution, AI Unsecured Business Loans credit facility is generally up to 12 months. No security (surety) is required to get a Business loan.
A Traditional Business Loan is a borrowing facility with a longer term and Personal assets and assurances from the Director/business owner are customarily used as security.
Think about it as a credit card. You can access funds in your account any time you need it. As a credit card, in most cases, interest only applies on the amount you withdraw and not the whole amount of funds available.
Invoice Financing or Factoring means your business sells your invoices to a lender. In factoring, your business can borrow up to 80% of the invoiced amount immediately and the lender becomes the collector of those invoices.
Merchant Cash Advance is when a lender collects the repayments and offers you a lump sum in advance with an agreed percentage of your daily business gross income.
Equipment finance is a fixed term loan that allows you to purchase equipment or machinery for your business. This financial product makes the Lender the owner of the asset until the term of the contract is completed.
Frequently Asked Questions
In order to qualify for a small business loan, usually the business needs a trading history of at least six months, and a monthly gross income of at least $5,000. Needles to say, business has to be able to service loan repayments.
In order to qualify for a small business loan, usually the business needs a trading history of at least six months, and a monthly gross income of at least $5,000. Needles to say, business has to be able to service loan repayments.
In order to qualify for a small business loan, usually the business needs a trading history of at least six months, and a monthly gross income of at least $5,000. Needles to say, business has to be able to service loan repayments.
In order to qualify for a small business loan, usually the business needs a trading history of at least six months, and a monthly gross income of at least $5,000. Needles to say, business has to be able to service loan repayments.
In order to qualify for a small business loan, usually the business needs a trading history of at least six months, and a monthly gross income of at least $5,000. Needles to say, business has to be able to service loan repayments.
In order to qualify for a small business loan, usually the business needs a trading history of at least six months, and a monthly gross income of at least $5,000. Needles to say, business has to be able to service loan repayments.
In order to qualify for a small business loan, usually the business needs a trading history of at least six months, and a monthly gross income of at least $5,000. Needles to say, business has to be able to service loan repayments.
In order to qualify for a small business loan, usually the business needs a trading history of at least six months, and a monthly gross income of at least $5,000. Needles to say, business has to be able to service loan repayments.
