Obtaining finance for your business is often a very simple process, but, in some cases, it can prove to be more difficult than you may have anticipated.
One criterion that almost every lender demands is a clean credit file, i.e. no items such as defaults or court judgements, whether the applicant is a company, sole trader or partnership. Such items are known as adverse listings and impact negatively on your Credit Score and your ability to get a loan.
Many finance companies now offer a streamlined application process for businesses wishing to purchase motor vehicles and some capital equipment up to $150,000.