What is the eligibility criteria to apply for finance?

Each lender will have their own eligibility criteria for their financial products. However, as a guide, here are some of the common ones:

  • Your business must have a valid ABN/ACN.

  • Most lenders require 12 months minimum trading history; however some lenders will accept a shorter history.

  • The minimum annual turnover amount required varies by lender.

  • You'll also need to be at least 18 and a permanent Australian resident.

We recommend that you check the lender’s specific eligibility criteria and confirm your business meets their requirements before applying for the financial product.

Frequently asked questions

What is the eligibility criteria to apply for finance?

Each lender will have their own eligibility criteria for their financial products. However, as a guide, here are some of the common ones:

  • Your business must have a valid ABN/ACN.

  • Most lenders require 12 months minimum trading history; however some lenders will accept a shorter history.

  • The minimum annual turnover amount required varies by lender.

  • You'll also need to be at least 18 and a permanent Australian resident.

We recommend that you check the lender’s specific eligibility criteria and confirm your business meets their requirements before applying for the financial product.

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