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Many small business owners and self-employed people can have trouble managing cash flow in their business. Delayed payments from suppliers, the need to pay wages weekly, and jobs that can take many weeks to complete all mean there can be times when cash is tight.
Commerce Credit understands the need for small businesses to access cash quickly. Traditional sources of short term money can be difficult and expensive to access, especially for smaller amounts under $ 10,000.
To help small businesses manage their cash flow better, Commerce Credit provides a short term overdraft loan secured against any registered motor vehicle. Cars, trucks, trailers and any registered plant and equipment can be used to secure a loan quickly.
Another advantage of vehicle secured loans is the simple setup process. Normally, cash can be provided on the same day, and document and vehicle checks can be performed in as little as 30 minutes.
Designed to be repaid within about 6 months, these facilities offer a flexible alternative to the hassle of accessing other forms of cash.
If you would like to find out more, simply call Commerce Credit on 1300 166 639
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