How Business Cash Loans can help finance your business cashflow or expansion in Sydney
If you find yourself requiring some extra funds to expand your business, pay off creditors, purchase inventory, or anything along those lines, you may want to consider taking a Business Loan.
With the lockdown restrictions easing across Melbourne, Sydney, and all Australia, businesses can now regain some momentum and focus on growth. For many, however, this is not as easy as it sounds.
A good number of businesses in Sydney have seen a substantial loss in revenue lately, and if this impacts you in any way, we’re here to help.
Why is Business Cashflow Important?
Cashflow is the lifeblood of a business, and a business needs to generate enough funds to meet expenses and still have enough to pay workers and investors. It plays a key role in business continuity.
Even if it seems like you don’t need it now, it’s always good to ensure that you have extra funds to pay off creditors and employees while launching the next phase of your business expansion.
A business needs to manage its funds so that it carries the correct amount of cash to meet both its immediate and long-term needs.
Without a strong cash flow, how can businesses get a good boost? If you urgently need to business financing, GoZoolu has you covered.
How an Unsecured Business Loan can help
There are some key differences between taking an Unsecured Business Loan and borrowing from the banks. It is likely, if you are reading this, that you have already considered getting funds from banks, but that doesn’t always work out too smoothly.
Banks traditionally require much more documentation and strong financials, and the process can be rather convoluted, taking far too long to be practical in some cases.
If you do not wish to, or are unable to provide the necessary documentation, taking an Unsecured Business Loan may suit your needs much better.
Unsecured Business Loans are assessed based on your business’s profitability and, as such, do not suffer from the same security requirements.
This means you can qualify for a loan without jumping through so many hoops. Borrow any amount of funds between $5,000 to $250,000 for up to 24 months without hassle.
GoZoolu offers quick approval rates, and can often get you a pre-approval within minutes of reviewing an application.
How to apply for an Unsecured Business Loan in Sydney or NSW
Firstly, click on the “apply” button at the top of this page. Then, complete the pre-approval application. This will likely be processed within the same working day.
One of our lending managers will contact you shortly to review your requests and access your eligibility.
Through GoZoolu, you can apply for Business Cash Loans without all the restrictions that come with borrowing from the bank, but some profit history is required before a loan can be approved. It would help to have that ready.
Finally, the loan application will be accessed, and upon approval, you will receive the funds you need for your business.