Many businesses find it difficult to make sense of the large number of business finance products and to meaningfully compare them.
The Business Loan Finder Calculator is the first website in Australia to allow small businesses to quickly compare and rank loans by their true monthly cost. The Loan Finder takes into account establishment and ongoing costs to provide a true indication of the total cost of a loan and allow for a comparison on a like-for-like basis.
There are also links to other relevant educational information in the Business Victoria website, using plain english to help businesses understand their finance options.
This tool is intended to be used nationally as finance searches can be customised by jurisdiction.
For further information please access the Business Loan Finder on the Business Victoria website.