Together we will grow your business.

Finance broking for Businesses

Whether you are setting up a new business or growing an existing business, need equipment or to fund operational costs, there are many financing options. JBF Solutions will understand your needs and identify the best finance options for your business. We will:   
01

Put your business' financial needs first and look for the loan that best suits your business' circumstances so that you get the best value

02

Take a long-term view and navigate through all the lenders’ fees, terms and conditions to make sure you’re not paying more than you should over the full life of the loan

03

Do the loan application leg work for you, not only making life easier but giving you a better chance of swift approval because we know what is required from the lender

04

Be available at times that suit you, in a manner that suits you (phone, video call or in-person), so you can better manage your time commitments

Types of finance

Business loans

If your business needs funding to support or grow its business, you may be able to get a loan from a financial institution. The business will be required to repay the borrowed money over the loan term, together with interest rates and fees.

Business loans can be secured or unsecured, have variable or fixed interest, have different term lengths and may offer repayment terms which can be tailored to your business' circumstances.

We will help you navigate the options, to help make it easier to find a loan that works for your business.

Asset finance

If you are a sole trader or business wanting to buy assets for your business, including vehicles or equipment, asset finance will allow you to spread out the cost over time to help manage cash flow. The loan will be secured against the asset.

We will help you navigate the options, including end of term balloon payments and refinancing. 

Equipment leases

Leasing allows you to get the latest equipment and vehicles with no capital outlay.

The lender owns the asset and leases it to you for an agreed period. The rentals are structured with a residual value, and give you options at the end of the lease period. 

We will help you navigate the options, including balancing the repayments and residual value, aligned with your goals and forecast cashflow.  

Frequently asked questions

Finance broking services

Nothing! 

Some brokers charge for their services, especially for complex transactions and non bank finance transactions. However, JBF Solutions earns income for finance broking services solely from commissions paid by the lender. 

JBF Solutions earns commission, paid by the lender, if and when you execute a loan.  

The two main types of commission are:
- Upfront: a one-time payment on loan execution calculated based on a pre-agreed percentage of the loan value.
- Ongoing: an annual payment calculated based on a pre-agreed percentage of the remaining loan balance.

Commission rates vary between lenders.

As required by regulation, JBF Solutions discloses its commission rates to it clients. 

JBF Solutions' values and approach mean we will always act in your best interest. In addition, we are legally required to act in the best interests of our clients. We will recommend a product that is suitable for you, regardless of the commission we might earn.

Finance brokers in Australia are regulated by the Australian Securities and Investments Commission (ASIC) and must comply with responsible lending obligations under the National Consumer Credit Protection Act.

Business Loans

Business loans can be used for a variety of purposes, including:
- Starting a new business.
- Funding expansion or acquisitions.
- Purchasing equipment or inventory.
- Managing cash flow and covering operational expenses.
- Debt consolidation or refinancing. 

Business loans come in various forms, including:
- Secured loans: These require collateral, like property or equipment, as security for the loan.
- Unsecured loans: These don't require collateral.
- Variable interest rate loans: Interest rates fluctuate with market conditions.
- Fixed interest rate loans: Interest rates remain constant for the loan term. 

A secured loan for your business requires security. This may be property, inventory, accounts receivables or other assets. If the loan can’t be met, the lender may rely upon these assets to clear the outstanding balance, interest or fees.

An unsecured loan for your business doesn’t require physical assets (such as property, vehicles or inventory) as security. Instead, your lender will often look at the strength and cash flow of your business as security.

Requirements vary across lenders, but often include: 
- Annual financial statements for the last two years
- A copy of the latest full tax portal report
- Evidence of security (if applicable) 
- A business plan for new businesses, or those changing significantly 

Asset finance 

Almost any asset with a serial number associated with your business, including: 
- Light vehicles: Sedans, SUVs, vans and utes used for work 
- Heavy vehicles: Trucks, buses, specialised vehicles, trailers, farming & agriculture equipment
- Business machinery and equipment: Construction, warehousing, manufacturing, medical, landscaping and office & IT equipment
- Specialised equipment: Commercial kitchen equipment, furniture & fit-outs, security systems, ATMs and vending machines

Eligibility requirements vary between lenders but generally include:
- Australian citizenship or permanent residency
- An active ABN or ACN
- At least six to 12 months of trading history
- Your business must be GST-registered
- You must be able to provide bank statements and other proof of eligibility
- A good credit score 
- You must be purchasing an asset used at least 51% of the time for business

A balloon payment is a lump sum repayment at the end of the loan term, after all regular monthly repayments have been made. When your loan has a balloon payment your monthly loan repayment will be lower, and you’ll pay more interest over the term of your loan. Alternatively, without a balloon repayment your repayments will be higher, you’ll pay less interest, and you will have no lump sum to pay at the end of the term.

Lenders will look at the financial performance of your business so they can assess your ability to service a loan. Most businesses will need to supply financial statements for the last two years and a copy of their latest full tax portal report including business activity statements (BAS). If you’re a director or shareholder you may also be asked for information about your individual financial position, including recent tax returns and proof of income.

JBF Solutions does not provide tax advice. Please obtain independent tax advice to understand the tax implications of asset finance. 

Equipment lease

Almost any asset with a serial number associated with your business, including: 
- Light vehicles: Sedans, SUVs, vans and utes used for work 
- Heavy vehicles: Trucks, buses, specialised vehicles, trailers, farming & agriculture equipment
- Business machinery and equipment: Construction, warehousing, manufacturing, medical, landscaping and office & IT equipment
- Specialised equipment: Commercial kitchen equipment, furniture & fit-outs, security systems, ATMs and vending machines

Eligibility requirements vary between lessors but generally your business must:
- have a valid Australian Business Number (ABN)
- be registered for Goods and Services Tax (GST)
- intend to use the product mostly for business purposes

At the end of the lease term the business can:
- return the goods to the lessor,
- make an offer to purchase the goods from the lessor, or
- make an offer to lease the goods for a further term.

Lenders offer a range of flexible repayment structures including monthly, quarterly, seasonal or repayments that can be tailored to your business.

JBF Solutions does not provide tax advice. Please obtain independent tax advice to understand the tax implications of an equipment lease.