Quick answer
Perth and Western Australian businesses declined by banks can access alternative loans from lenders who read bank statements and consider property security. Unsecured funding typically runs from $5,000 to $500,000, and loans secured by WA residential or commercial property run between $20k and $5m, and no pre-approval valuation is required.
Key points
- Resources and mining services shape WA business cycles
- Unsecured $5k to $500k; property-secured $20k to $5m
- WA property records held through Landgate
- Remote process suits Perth's distance from the east
Business on the western edge
Perth’s economy is closely linked to resources. Mining services, engineering, transport, construction and trades all move with project cycles, and those cycles can be lumpy. Add a vibrant hospitality scene from Fremantle to Northbridge, agriculture across the Wheatbelt and tourism down south, and you have businesses with very different cash flow rhythms.
Common situations in Perth
| Situation | Typical route |
|---|---|
| Mining services firm between contracts | Line of credit or secured loan |
| Builder with progress payment gaps | Working capital or caveat loan |
| Transport operator adding trucks | Equipment finance |
| Fremantle brewery or venue expanding | Equipment finance or secured loan |
| Owner with ATO debt and WA property | Second mortgage |
WA property as security
Property across Western Australia can secure business loans starting at $20,000 and reaching $5,000,000. Landgate manages land information and titles in WA. No valuation is needed before approval, you can prepay interest or add it to the balance, and terms are flexible. See second mortgage business loans.
Time zones and distance
Being two or three hours behind the east coast can make dealing with eastern lenders frustrating. Our process is remote: enquire online, talk by phone, sign electronically. Property-secured loans usually settle electronically too.
Support for WA businesses
The Small Business Development Corporation offers free advice and dispute resolution for WA small businesses, which can help resolve payment disputes before they affect your credit.
An illustrative example
A Fremantle craft brewery wanted new fermentation tanks to supply a hotel group. The bank was cautious about hospitality-adjacent businesses. Equipment finance funded the tanks, with the tanks as security, and the hotel contract covered the repayments.
What to prepare from Western Australia
Twelve months of business bank statements, recent BAS, identification and the purpose. Mining services and contracting businesses should list current contracts, their value and payment terms, and explain any gaps between contracts. Hospitality and tourism businesses should provide a full year so seasonal swings are visible. For property-secured loans, provide the property address and any mortgage statement.
Talk to us from anywhere in WA
Enquire in a minute. There is no credit check at enquiry, a human reviews it, and one team handles it. See what your WA business can access.
Frequently asked questions
Do you help businesses outside Perth?
Yes, across Western Australia, including regional and mining towns, all handled remotely.
Can mining services businesses with lumpy contracts borrow?
Yes. Lenders reviewing twelve months of statements can see contract patterns, and lines of credit suit lumpy income.
How is WA property security handled?
WA land information and titles are managed by Landgate. Your solicitor handles registration.
Is there support for WA small businesses?
The Small Business Development Corporation provides free advice and dispute support.
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