Most Australians know mortgage brokers can help them find a home loan that meets their requirements. What a lot of people don’t realise is brokers can also help small business owners secure the right commercial finance for their business too. Many small business owners use the equity in their homes to cover their start-up and expansion costs. It’s often the only option in the early days but, as your business becomes established, external funding can help you take advantage of expansion opportunities. Commercial or business finance refers to a range of financial products and loans designed for businesses. Growing businesses can seek funding for several purposes, from acquiring and fitting out new premises to taking on staff and maintaining cash flow. The purpose of the
