'Proxy Finance' Is Offering Unsecured Loans To Small Businesses

GOLD COAST, Australia - Sept. 26, 2016 - PRLog -- Proxy Finance, a financing company in Australia, is presently offering short term unsecured loans to small businesses via a rather quick lending process. The primary focus of the company is to assist small business owners have access to quick business loans in Australia for taking a new idea, helping in growth phase or just giving them some breathing space.

The company completely ditches the traditional & lengthy form-filling procedures of traditional banks in order to make loans available within as less time as 2 or 3 days. Borrowers do not need to provide their property documents as security because the financing is fully unsecured. Moreover, they can apply for a loan of any amount between $5,000 and $250,000, as per the requirements of their business. Approvals are usually issued within 24 hours, followed by transfer of money to the applicant's account in a couple of days.

The criteria of Proxy Finance for approving loans is surprisingly lenient compared to most banks - the business of the borrower has to be at least a year old with a turnover of $5000 or more every month. Once the company has seen the applicant's bank statements and been convinced that he/she can make weekly repayments, they approve the loan. There is almost no paperwork involved and payback period ranges from 3 to 12 months. The borrower can use the obtained money for various purposes, such as:

buying purchasing inventory

repaying ATO debts

marketing campaigns

starting a new contract

fitouts of business premises

staff costs

To know more about how Proxy Finance can provide funds to small businesses, visit http://www.proxyfinance.com.au/.