Every successful business starts with a big idea—and the right funding behind it. Whether you’re a tradie going out on your own, a cafe owner starting fresh, or launching a service-based business, setting up properly takes capital.
At The Loan Spot, we help new businesses in Sydney access the finance they need to start smart.
What Can You Use a New Business Loan For?
You can use startup finance to help cover early-stage expenses like:
Purchasing tools or machinery
Setting up a workspace or shopfront
Branding and marketing
Hiring your first staff member
Buying stock or inventory
Vehicle or trailer setup
Paying upfront supplier costs
Do I Qualify If I’ve Just Registered My ABN?
Yes, in many cases you do. While lenders prefer to see at least 6–12 months of trading, there are options available for:
Newly registered ABNs
Sole traders and partnerships
Side hustles turning full-time
Franchisees or contractors
Some options are low-doc, meaning you won’t need full financials to apply.
Why Use Finance to Start Your Business?
Preserve personal savings for emergencies
Spread setup costs into manageable repayments
Access better tools or fit-outs from day one
Boost your growth potential with capital behind you
Build business credit for future lending
How The Loan Spot Helps
We compare a wide range of lenders to match you with an option suited to your industry and stage
We understand local business conditions and know what’s realistic
We move quickly, so you can focus on building your business—not chasing finance
If you’re about to launch a new business in Sydney, don’t go it alone. The right funding could make all the difference.
Complete the form below to receive your pre-approval in just 60 seconds. This service is free and will not affect your credit score.
