Business Loans for Bad Credit in Hobart

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Finance One Business Loans Finance One Business Loans

Finance One
Business Loans

At Finance One Commercial, we specialise in lending a helping hand to small companies that require a loan to finance the purchase of new vehicles, equipment, or materials. Our business finance and loans in Hobart are available to any business which may need a second chance and has held their ABN for at least 6 months and who meets our basic approval requirements. 

  • Loans from $8,000 to $150,000**

  • Loan terms from 3 - 7 years

  • Approvals in as little as 48 hours *

Finance loans in Hobart Finance loans in Hobart

Finance loans in Hobart

Not every business has the perfect credit history. Over time there can be many circumstances that could negatively affect your credit rating, which may be less than appealing to a traditional lender. At Finance One Commercial we judge each case on its own merits and are primarily interested in how we can help your business to get back on its feet. We focus on your current situation rather than on your past problems.

  • Company cars
  • Utes
  • Trucks
  • Tractors
  • Earth moving equipment
  • Forklifts
  • Commercial use lawnmowers
  • Trailers
  • Food trucks
Can I apply for a Business Loan? Can I apply for a Business Loan?

Can I apply for a
Business Loan?

Our business finance and loans for bad credit in Hobart are designed to help smaller companies navigate troubled waters and re-establish a firm financial footing in order to thrive in the future. Whatever previous difficulties you have encountered, we will be happy to consider your application based on your current circumstances.

  • Income

    Have you been receiving regular income under your ABN for 6 months or more?

  • Borrow

    Do you want to borrow between $8,000 to $150,000?**

  • Age

    Are you at least 21 years of age?

  • Credit History

    Sole traders – defaults on your credit file or discharged from bankruptcy?

Business loans for small businesses with bad credit in Adelaide Business loans for small businesses with bad credit in Adelaide

How to apply for commercial finance and loans in Hobart from Finance One Commercial.

At Finance One Commercial, we believe in finding solutions rather than adding to existing problems. Our business loans in Hobart and across Australia have been designed to help support your immediate and long-term business needs. The application process could not be easier, with our online process simple to follow and our customer support team always ready to help. For more details, feel free to contact us to discuss how we may be able to help your business take the next steps into the future, or complete the online enquiry form.

Frequently asked Questions

How much can I apply to borrow with business loans for bad credit in Hobart?

We can provide unsecured business loans from $8,000 to $75,000** and loans secured on property from $8,000 to $150,000**. If you are not sure how much you might be eligible to borrow, please don’t hesitate to call and speak to one of our consultants. Our team is here to help guide you through the loan application process and to help your business to excel in the future.

Are business loans for bad credit in Hobart available to all companies?

Finance One Commercial can offer big and small business loans for bad credit in Hobart provided that your business is able to meet our basic application requirements. Our business finance in Hobart is intended to help as many small businesses as possible, so you know that you have someone in your corner. We can look past your bad credit record to focus on your business potential and financial needs.

How much interest could be charged on your business loans for bad credit in Hobart?

Interest payments for our business loans in Hobart are determined by your business’ overall credit profile. This includes, but is not limited to, your business’ credit history, turnover, banking conduct, and the stability of its income and residency. Once our team has considered the details of your application and the circumstances surrounding your request and your application has been approved, we may forward your approval letter together with a proposed interest rate, for you to consider. 

How long could it take for my loan application to be processed?

If you have provided all the information required, we may be able to get back to you within 48 hours*.

*48 hour approvals are subject to satisfactory documentation being provided to assess the application. Normal lending criteria, terms & conditions and fees & charges apply.
**Normal lending criteria, terms & conditions, and fees & charges apply
^Early repayment fees may apply. Please refer to your loan terms and conditions or contact us to confirm if an early payout fee applies to your loan.

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