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The application process is quick and can be completed online, with funds deposited into your account as early as the following business day. Any business type can apply, including established entrepreneurs, sole traders and new small businesses. (Your business must have been operating for at least six months to be eligible).
The application process takes a few minutes and is completed online. Once submitted, a City Finance Business Lending loan relationship manager will get in touch. If approved, funds are usually deposited by the next business day.
City Finance Business Lending works with businesses to determine loan repayment terms, which are tailored to that business' goals and what it can afford. Loans are repaid over a period of between 3 and 24 months. You can make weekly, fortnightly or monthly repayments.
If you're interested in applying with City Finance Business Lending, here are some of the features to consider:
A City Finance Business Lending loan comes with a $500 application fee that is payable only on settled loans.
If you're looking to apply with City Finance Business Lending, you can get an obligation free quote on its website.
Your business must meet the following criteria:
You will also be asked to submit the following:
City Finance Business Lending's bank verification system pulls a 90-day transaction history from your online banking account. You can opt to send in hard copies, but this might delay approval.
Applying for a business loan can mean the difference between your business flourishing and flat-lining. Before jumping at the first offer, make sure that the loan product is suited to your business, your objectives and your budget.
Whilst we don't compare these loans directly, use the table below to see how it compares against other loans.
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