Categories > Loans
The 5 Best Business Loan Companies in Brisbane
1. Unified Loans
Services: Business Loan, Car Loan, Equipment Finance, Home Loan, Investment Loan, Personal Loan
Website: https://unifiedloans.com.au/
Address: 5 Gerry St, Stafford Heights QLD 4053, Australia
Contact Details: +61 735 474 972
Operating Hours: Monday – Friday: 8:00 AM – 6:30 PM; Saturday: 9:00 AM – 4:00 PM
Google reviews score | 5/5 |
Total reviews | 5/5 |
Score consistency | 5/5 |
Range of services | 5/5 |
Reputation | 4.8/5 |
>Trustworthy team | >5/5 |
>Loyal client base | >5/5 |
>Years in the industry | >4.5/5 |
Turnaround time | 5/5 |
Efficiency | 5/5 |
>Seamless process | >5/5 |
>Accessibility to address queries | >5/5 |
Pros
- Open six days a week
- Convenient initial coordination
- Has a wide range of financial services
- Provides quick turnaround on loan requests
Cons
- Limited number of agents
- Deals with a lot of clients
Aside from business loans, Unified Loans also caters other lending needs such as home loans, car loans, and commercial loans. Having these services allowed the company to grow their satisfied client base for over twenty years.
It’s worth mentioning that the guys from Unified Loans take initial coordination seriously. We feel great that they thoroughly evaluate every financial standing, allowing them to find offers and deals that will best suit their clients.
Another thing we like about them is the convenience they provide when it comes to their consultations. Clients can choose from visiting their office onsite, meet with the managers at a place of their convenience, or meet virtually.
In line with this, we appreciate the obligation-free initial consultation, allowing both parties to access the business needs and requirements first before any formal settlement.
We also love that the average minimum loan amount can be increased as long as the client maintains a good repayment status. This actually encourages borrowers to pay on time so they can easily request loans for possible expansion plans.
Though the company has limited agents, we’re still quite impressed with their dedication in answering their clients’ queries on time. Even beyond work hours, we love that their brokers try to attend to the concerns sent their way.
Speaking of business hours, we love that they are open six days a week, which is always a plus in our books.
Overall, we love the high level of dedication and the company’s quick approval. Because of this, we feel like Unified Loans can be worth the investment.
2. loansHub
Services: Small Business Loan, Personal Loan, Home Loan, Car & Equipment Loan
Website: https://www.loanshub.com.au/
Address: Brisbane QLD 4000, Australia
Contact Details: 1300 00 13 53
Operating Hours: Open 24 hours
Google reviews score | 5/5 |
Total reviews | 5/5 |
Score consistency | 5/5 |
Range of services | 4/5 |
Reputation | 4.5/5 |
>Trustworthy team | > 4.5/5 |
>Loyal client base | > 4.5/5 |
>Years in the industry | >4.5/5 |
Turnaround time | 5/5 |
Efficiency | 5/5 |
>Seamless process | >5/5 |
>Accessibility to address queries | >5/5 |
Pros
- Long payment terms available
- Smooth and convenient appointments
Cons
- Focuses on small business loans only
- Rates are a bit on the premium side
What we love about these guys is that they are proactive enough in updating their clients with the current status. In doing so, customers don’t even need to do necessary follow throughs.
Another thing we like about them is that long term payment terms are available for client’s choosing. This allows clients to manage their finances well, without having to think that they need to repay for a short amount of time.
However, since loansHub only caters to small businesses, customers who may be thinking of building large-scale businesses may have to tap other business loan companies.
On a lighter note, we commend how convenient loansHub’s online platform is. Aside from the quick access to their loan calculator, clients are given secure access where they could login any time of the day.
Because of this, all parties can conveniently access and manage documents, as well as track their loan progress, without having to constantly consult the assigned loan manager.
It’s also quite commendable that loansHub take their time in providing comprehensive proposals to their clients. We’re even impressed to see a detailed breakdown of bank options, allowing us to check which banks can offer the best deals for us.
This manner also prevents clients from wasting their time from looking at different comparison sites, which we love.
3. ScotPac Business Finance
Services: Business Loan, Invoice Finance, Asset Finance, Trade Finance
Website: https://www.scotpac.com.au/
Address: 18/10 Eagle St, Brisbane QLD 4000, Australia
Contact Details: 1300 29 87 08
Operating Hours: Monday – Friday: 8:30 AM – 5:00 PM
Google reviews score | 4.8/5 |
Total reviews | 5/5 |
Score consistency | 5/5 |
Range of services | 4.3/5 |
Reputation | 4.5/5 |
>Trustworthy team | >5/5 |
>Loyal client base | >4/5 |
>Years in the industry | >4.5/5 |
Turnaround time | 5/5 |
Efficiency | 5/5 |
>Seamless process | >5/5 |
>Accessibility to address queries | > 5/5 |
Pros
- Responsive client service team
- Competitive package rates
- Quick loan review and approval
- Comprehensive online portal
Cons
- Not open on weekends
- Limited financial services available
Joining our list of the best business loan companies in Brisbane is ScotPac Business Finance. Since 1988, they have been providing financial solutions and loans across the country, allowing them to gain a spot on our list.
What we like about them is that they can cover all business scales. From start-up companies to large-scale ones can tap ScotPac to help them with their cash flow.
Though they focus on providing business loans and asset management to clients, other financial loan services are not being offered by ScotPac. Because of this, they may not be the best option for those seeking multiple funding solutions.
On the other hand, their client service team has been remarkably responsive with all our concerns. Though their office is closed on weekends, we appreciate how they still keep their communication lines open.
Another thing we like about them is they offer relatively competitive package rates. This allows clients to focus on possible business growth without having to worry about steep repayments.
We also like that their online portal is easy to navigate through, which is even friendly to the less tech-savvy clients. Customers find it easy to upload documents anytime they’re needed.
Because of their hassle-free system, the guys from ScotPac can arrange loan reviews and even approvals in less than 48 hours, which we admire.
4. Kingdom Financing
Services: Business Loan, Medical Professional Loan, Residential Home Loan, Asset & Vehicle Loan, Commercial Property Loan, Construction Loan, Personal Loan
Website: https://www.kingdomfinancing.com.au/
Address: Suite 101/30 Market St, Brisbane QLD 4000, Australia
Contact Details: +61 432 908 920
Operating Hours: Monday – Friday: 8:00 AM – 6:00 PM; Saturday: 10:00 AM – 3:00 PM
Google reviews score | 5/5 |
Facebook reviews score | 5/5 |
Total reviews | 5/5 |
Score consistency | 5/5 |
Range of services | 4/5 |
Reputation | 4.3/5 |
>Trustworthy team | >5/5 |
>Loyal client base | >4/5 |
>Years in the industry | >4/5 |
Turnaround time | 4.5/5 |
Efficiency | 4.5/5 |
>Seamless process | >4/5 |
>Accessibility to address queries | >5/5 |
Pros
- Quick response rate
- Open six days a week
Cons
- Expect high volume of clients
- Limited number of agents
Another business loan company that deserves to be highlighted in our list of the best ones in Brisbane is Kingdom Financing.
What we love about them is that they don’t just provide funding solutions to their clients, they also educate their clients in checking the best policies and products for them.
On top of that, the company is also affiliated with respected financial groups such as the Finance Brokers Association of Australia. With this, customers are confident that Kingdom Financing has the required level of excellence in providing financial advice.
It’s worth mentioning that Kingdom Financing sees to it that they explain the process to their clients thoroughly. Even better, they relay them with easy-to-understand steps for clients’ better appreciation.
We even admire them for keeping their lines open, allowing us to reach out to them for our further clarifications and queries.
Another thing we like about them is their assistance in every paperwork needed for the application. Their hands-on team will ensure that all documents are complete, preventing possible back-and-forths that may cause delay.
However, it’s worth noting that Kingdom Financing has a limited number of agents in their team. Because they aim for a more hands-on approach, queuing may take a bit longer than expected.
5. Time Home Loans
Services: Business Loan, Medical Professional Loan, Residential Home Loan, Asset & Vehicle Loan, Commercial Property Loan, Construction Loan, Personal Loan
Website: https://www.kingdomfinancing.com.au/
Address: Suite 101/30 Market St, Brisbane QLD 4000, Australia
Contact Details: +61 432 908 920
Operating Hours: Monday – Friday: 8:00 AM – 6:00 PM; Saturday: 10:00 AM – 3:00 PM
Google reviews score | 5/5 |
Facebook reviews score | 5/5 |
Total reviews | 5/5 |
Score consistency | 5/5 |
Range of services | 3.5/5 |
Reputation | 4/5 |
>Trustworthy team | >4/5 |
>Loyal client base | >4/5 |
>Years in the industry | >4/5 |
Turnaround time | 4/5 |
Efficiency | 4.5/5 |
>Seamless process | >5/5 |
>Accessibility to address queries | >4/5 |
Pros
- Competitive rates
- Flexible prepayment options
Cons
- Some reports of communication delays
- A few reviews on overlooked emails
Though the company is highlighting home loans as their main financial service, Time Home Loans is still known to provide business and commercial loans, making them qualified to be on our list of the best ones in the city.
What we like about them is that they offer friendlier rates in the industry. Even better, they also provide flexible prepayment options, allowing borrowers to manage their cash flow well.
We just have our reservations when it comes to their communication. Some clients had to follow up their request for the initial proposal, resulting in delays on financial loan applications.
On a lighter note, the guys from Time Home Loans take their time in getting to know their clients’ objectives and goals from the get-go. Because of this, Time Home Loans can propose a suitable lineup of lenders to their customers.
Those who are still weighing their options can conveniently book a free financial review, which we admire. In doing so, clients are also given enough guidance about the industry, giving them a higher chance to get their loan requests approved.
All things considered, because of their lenient and easy process, we think that Time Home Loans is worth the shot.