How to save money on a business loan

By adhering to these easy tips below when applying for, or managing your business loans, you could be saving hundreds to thousands of dollars!

Maintain a good/excellent credit rating: This will significantly help you get the lowest rate when applying for a business loan.

Keep an eye out for monthly promotions: Typical promotions include half-price application fees or 8 week repayment holiday. Contact us to find out what promos are available at the time of applying.

Pay your loan back early, if possible: Lenders will normally provide you a huge discount on the remaining interest, and some lenders will completely waive it. This typically amounts to a significant saving!

Like to find out more? Give Sam a call on 0420 230 043.

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