Promoted by ANZ – Business Loans
By Angelo Manos, ANZ General Manager - Commercial Broker
2021 will offer Australian businesses an important opportunity for growth. Understanding the support available to you and your team from ANZ is the crucial first step.
2020 has been a tough year for Australian businesses but we’re beginning to turn an economic corner. State borders are beginning to reopen and business conditions have continued to pick up solidly over the past quarter. Thankfully, both state and federal governments have acted quickly and decisively with various relief and stimulus packages throughout the year to ensure that we all recover quickly.
With the easing of restrictions and opening up of businesses banks are responding - businesses can access credit where it makes sense to build and grow. Although it may seem daunting, business owners need to take advantage of the various government stimulus packages so they are in the strongest possible position.
The sooner businesses can return to trading, the sooner they can rebuild cash flow and recover. Doing nothing is not an option. Financing often assists our customers to achieve their financial goals because any viable business needs the right mix of capital and debt. Although there’s no set formula, it can be dependent on the underlying business such as location or a subsequent opportunity that presents itself. Some of our customers have been using financing to recreate their in-store experience at home, rewarding their loyal customers or ramping up their online presence.
To help your customers tackle whatever's next for their business there are new, affordable and flexible lending options from ANZ as part of the Australian Government SME Guarantee Scheme. ANZ has two low-rate lending options including its:
- A low variable-rate (from 4.24%) business loan that is part of the Australian Government SME Guarantee Scheme. Customers may be eligible to borrow up to $1 million secured or unsecured, with no loan approval fee and no loan account fees.
ANZ Next Step Vehicle and Equipment Finance*
- Customers can purchase vehicles and equipment for their business with ANZ’s new low-rate finance that is part of the Australian Government SME Guarantee Scheme. They may be eligible to borrow up to $1 million with the ability to tailor repayments to their cash flow.
Whether you need assistance with your business from improving cash flow to purchasing new equipment, ANZ is helping all Australian businesses take their next step in their stride.
*Eligibility and credit criteria apply.
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