Business Loan

A Business Loan is ideal for those looking to expand a business, invest in equipment or buy a business property. If you want to grow your business but don’t have the funds upfront, you may want to consider a business loan.

You’ll have the choice of weekly, fortnightly, or monthly repayments for principal and interest business loans.

Additionally, we offer interest-only repayment options, which may be ideal if you’re looking to free up cash in the short term for other business expenses or investments.

Yes. At Coastline, we don’t charge fees or penalties for making extra repayments or paying off your business loan early.If the loan is fixed, break costs will apply.

The loan amount we offer is influenced by the value of the assets secured by the loan. In general, a high loan amount will be offered when assets have a high value or can be liquidated easily. Your financial situation, credit score and business plan will also be considered.

When deciding how much you can borrow, our experienced Business Development Managers will guide you through the process. We’ll work closely with you to find the best loan for your business goals.

Common types of security include business property, plant and equipment, or other valuable assets such as real estate or vehicles.

Your security requirements will depend on the loan amount you’re seeking and your overall financial situation. Our team will work closely with you to find the most suitable approach for securing your loan.

The timeframe for a business loan application can vary. To make a decision, we need to consider the information you have provided and the type of security offered.

Once you submit the required documentation, we aim to process applications within a few business days. Our Business Development Managers will keep you informed at every stage of the process, and if you have any questions, contact us, we’re happy to help.