Mybank simplifying Home Business Personal Car Loans
Business Loans
Total Business Borrowing Solutions
We simplify the Business Lending process.
We don’t believe in a one-size-fits-all approach. That’s why our accessible lending specialists work with you to find a solution that best supports the financial needs of your business.
How Can We Help?
Our Solutions
Unlock the hidden value in your business.
Trade Finance
Trade Finance provides a cash flow injection to help manage the import or export of goods.
* Pay overseas and domestic suppliers
* Increase stock levels and extend payment terms
* Sell to overseas customers
Invoice Finance
Our Invoice Finance solution allows you to access the cash in your unpaid invoices.
* Line of Credit with no need for property security
* Unlocks the value in your invoices facilities from $10K TO $150K.
Asset Finance
Asset Finance helps by financing new and pre-owned equipment.
* Funding is available in as little as 24 hours to fund new and pre-owned assets
* Funding for imported equipment
Business Loans
Fast, flexible, and personalised Home Loans and Business Loans for Business Owners.
* Fast set-up
* Flexibility on documentation requirements
* Use your residential security for future business borrowing
Connecting you to market leading lenders
Mybank.com.au is a Home Loan and Finance market place giving you more borrowing choices and options from leading banks and specialised brokers. Our service offering ranges from Home Loans, Business Loans, and Personal Loans to Car Leasing and Money Transfers, and a lot more. We do it all. You can rest assured that we will always have your best interest guiding our credit advice engagement.
Business Loan Options Analyser
Use our AI to select the best loan options
Home Loan
Are you looking at buying a new home or investment property or refinancing? We simplify the process. We are here to help.
Car Loan
We can finance your new car whether for personal or business purposes. We can also arrange for car leases & a car buying service.
Equipment Loan
We have a full and comprehensive range of equipment lease and rental finance products and options to support any business.
Personal Loan
Roll existing high-interest-rate debts and credit cards into one easy-to-manage and less expensive loan. We can debt consolidate.
Business loan
We can help with all Business type Loans for any purpose both for secured & unsecured lending including commercial construction.
Business Finance to fit your business needs
Fuel long-term growth whilst maintaining cash flow.
- Fund Business Expansion
- Pay Wages
- Buy Equipment, Vehicles or Assets
- Pay Suppliers
- Improve Cash Flow
- Pay Off or Consolidate Debt
- Re-Finance
- Import, Export Goods
- Fund a Contract or Project
- Start or Buy a Business or a Franchise
Did you know cash flow worries are regularly reported as the leading stress point of Australian small to medium-sized businesses? Issues like late payers, seasonal downturns, government red tape, and lost productivity due to unexpected circumstances (think a global pandemic!) can make managing your cash feels more like frustration than flow.
Fortunately, you don’t have to live with a constant battle between outgoings and incoming. Several finance solutions can keep your balance sheet well-poised for meeting your financial commitments, as well as business growth. Here are some working capital and funding options that could help your business.
Asset-based lending solutions
to ensure your company grows
We provide a number of corporate finance solutions that are tailored to suit the needs and goals of your particular organisation. We can help with mergers and acquisitions, management buy-outs, and shareholder pay-outs.
We aim to be a growth enabler by ensuring you can access cash locked up in normal trading cycles and effectively raise capital with fewer restrictions. Whether or not your business is profitable, our team can unlock lending and corporate finance solutions. It’s all about finding more business opportunities through fast and flexible funding.
Our asset-based lending solutions help you leverage the assets of your business, including supplier invoices, receivables, and equipment.
We don’t believe in a one-size-fits-all approach. That’s why our accessible lending specialists work with you to find a solution that works best for your goals.
- We find a way to say “yes”. We’re nimble and inventive with our funding solutions by unlocking the hidden value in your assets.
- No matter what your funding needs are, we can help! We offer a range of business finance solutions to help SMEs grow and manage working capital.
Business Finance
Get Finance That Suits Your Business
We find a way to say “yes”. We’re nimble and inventive with our funding solutions by unlocking the hidden value in your assets. No matter what your funding need is, we can help! We offer a range of business finance solutions to help SMEs grow and manage working capital.
Frequently Asked Questions
Q: WHY DO BUSINESSES NEED FINANCE?
Access to finance is vital at every stage of the business journey. Both start ups and established enterprises can benefit from business finance. Whether you need a cash injection to smooth over cash flow gaps or access to funding to fuel expansion plans, a business finance facility is integral to sustainable business growth.
Q: WHAT ARE THE DIFFERENT TYPES OF BUSINESS FINANCE?
Business finance solutions typically fall into two categories; equity finance and debt finance. In simple terms, debt finance involves funding that the business repays plus interest at a later date. Equity finance is the exchange of shares or part-ownership of the company in exchange to raise capital.
Debt finance
Debt financing is a broad category that covers a wide range of business finance solutions, including:
- Invoice finance
- Equipment finance
- Trade finance
- Supply chain finance
- Traditional lenders/business loans
This category of business finance does not require the transfer of ownership or shares in exchange for finance. Funding is provided to the business and is later repaid plus interest.
Equity finance
This type of finance can be more challenging to access, and typically involves giving up equity in the business in exchange for funding.
- Self-funding/personal savings
- Venture capital
- Angel investors
- Family and friends
Equity finance can be more complicated than debtor finance, impacting operational decision making and the overall control of your business.
Q: CAN I GET FINANCING FOR A SMALL BUSINESS?
Yes. Many small business owners are unaware of how straightforward the application process for business finance can be. Are you looking at buying a business? We also specialise in arranging business buying finance whether buying an established business and or an established franchise type business. While a business loan from a traditional lender can take months to arrange, a business finance solution can be approved and you can have funding in place in as little as 24 hours. Conditions Apply.
Q: IS IT POSSIBLE TO GET BUSINESS FUNDING WITH BAD CREDIT?
A low credit score may impact your ability to secure funding from a traditional lender or bank. Due to strict lending criteria, you may be denied financing as the bank views your business as too much of a risk. Traditional lenders usually also require that use your personal property as collateral for funding.
We believe that every business deserves the opportunity to grow. We’re focused on the future growth of your business rather than your personal credit history. If you’ve been rejected for a traditional business loan, speak to one of our advisors about your business finance options.
Q: CAN I GET A HOME LOAN IF I AM A BUSINESS OWNER?
We can consider offering a tailored Home Loan for Business Owners. As a business owner and self-employed may be difficult to obtain a home loan through a typical bank however, we may consider a home loan for our business customers based on our credit policy and your business income levels.
