Quick answer
Melbourne businesses declined by banks can access alternative business loans from lenders who read bank statements and consider property security. Options include unsecured funding typically from $5,000 to $500,000 and property-secured loans from $20k up to $5m against Victorian residential or commercial property, with bad credit, ATO debt and new ABNs considered case by case.
Key points
- Strong hospitality, retail and manufacturing base
- Unsecured $5k to $500k; property-secured $20k to $5m
- Victorian property can secure business loans with no valuation first
- Our office is in Chadstone, but everything is done remotely
Melbourne’s mix of businesses
Melbourne’s small business economy is famously diverse: laneway cafes and restaurants, fashion and design studios, a large manufacturing base in the south-east and north, logistics hubs in the west, construction across growth corridors, and thousands of trades and professional services. Hospitality and retail are central to the city’s identity, and both are sectors banks often treat cautiously.
Common situations in Melbourne
| Situation | Typical route |
|---|---|
| Laneway cafe needing a new espresso machine | Equipment finance |
| Restaurant declined over hospitality policy | Bank statement lending |
| South-east manufacturer with a large order | Working capital or trade finance |
| Builder in a growth corridor waiting on claims | Line of credit or caveat loan |
| Owner with an ATO debt and home equity | Second mortgage |
Local presence
Alternative Business Loans is a division of Company Cash Pty Ltd, with an office at 1341 Dandenong Road, Chadstone. That said, you never need to visit. Enquiries, documents and signing are all handled remotely, and property-secured loans usually settle electronically.
Victorian property as security
Residential and commercial property across Victoria can secure loans anywhere from $20k to $5m, by first mortgage, second mortgage or caveat. No valuation is needed before approval, interest may be paid upfront or added on, and terms are flexible. If you are buying premises, land transfer duty is set by the State Revenue Office Victoria, and your solicitor manages registration.
Support for Victorian businesses
The Victorian Small Business Commission helps with disputes involving leases, suppliers and customers. Resolving a dispute early can stop it becoming a credit file problem.
An illustrative example
A Brunswick fashion label wanted to fund a larger production run for a department store order. The bank declined because the business was eighteen months old. A specialist lender funded the run on the strength of its bank statements and the signed order.
Nearby
See also Geelong, Ballarat and Bendigo.
What to prepare from Victoria
Six to twelve months of business bank statements, recent BAS, identification and a short summary of what the money will do. Hospitality and retail businesses should provide a full year so seasonal patterns are clear. Manufacturers should include equipment quotes or purchase orders. For property-secured loans, provide the property address and any mortgage statement.
Start from anywhere in Melbourne
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Frequently asked questions
Where are you based?
Our office is at 1341 Dandenong Road, Chadstone, in Melbourne's south-east. We help businesses across Victoria and Australia, all by phone and electronic signing.
Do you help businesses in outer Melbourne and regional Victoria?
Yes, including Geelong, Ballarat, Bendigo and beyond.
Can I use a Victorian property as security?
Yes. Residential and commercial property across Victoria can secure business loans.
Are there duties on buying commercial property in Victoria?
Yes. Land transfer duty is administered by the State Revenue Office Victoria.
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