Welcome to this week’s Let’s Talk segment, where we dive into the topics that matter most to you!
Whether you’re a small business owner, an aspiring entrepreneur, or just curious about the financial landscape, we’re here to provide expert insights and actionable advice. Today, we’re tackling a critical question for many in 2025: What’s the best way to secure a small business loan? Our panel of financial experts is ready to break it down, so let’s get started
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Stefanie Di Trocchio, Chief Operating Officer at Smart Ease
“Smart Ease has been funding energy-efficiency equipment and smart technologies for SMEs since 2014. So we know a thing or two about applying for a loan as a small business.
“Here’s our advice:
- Look beyond the banks
Banks tend to be slow and a little archaic in their approach. Specialist funders are often quicker, more flexible and offer rates competitive with the banks. - Make sure it makes commercial sense
Borrowing money without a clear plan isn’t smart business. Be clear about what you’re investing in and crunch the numbers to make sure your investment will pay off. When businesses apply for a Smart Ease Payment Plan, they know exactly how their estimated energy-bill savings compare to monthly repayments, and what the payback period looks like. - Think long-term
A loan might feel like a short-term fix, but strategic funding decisions are often long-term. Making a smart, future-focused investment sends a powerful message – to lenders and your team. - Strengthen your digital presence
When reviewing a loan application, a lender will typically do a quick digital audit of your website, reviews and social media. Hot tip: If you don’t look legit online, you’re likely not getting that loan.”
Gus Gilkeson, CEO at Grow Capital
“It’s important to remember that the quality of a business’ information has a direct result on the terms and conditions and cost of a loan. The more you tell, the more you sell.
“Businesses should put together a professional file containing key information such as background history (including past financials), the business plan, current financial forecasts, current and proposed staffing. A short video explaining your business can also be beneficial.
“Businesses should also provide information around;
- Unique Selling Proposition: What do you do better than anyone else in the market and how have market sales proven that?
- Funding Plans: how will the business use the loan, and how will it assist in facilitating growth? Loans should be used to create business assets (eg, new markets, IP, equipment/ inventory), but if the funds are bridging a cashflow gap, what measures are you implementing to minimise such gaps in future?
- Exposure to Foreign Markets: Economic uncertainty sparked by US-led tariffs has lenders asking specifically about impacts through direct buying or selling into affected markets, and/or changes to suppliers upstream or buyers downstream.
- Risk Analysis: Have you run sensitivity scenarios and cash flow analysis on your business? What is your contingency plan?
- Leverage Industry Experts: Consider professional advice, do your research and ensure you secure the right loan for your business.”
Alex Molloy, Co-founder and CEO at Valiant Finance
“Securing finance in 2025 requires understanding what makes your business “financeable”.
“First, eliminate ATO debt. Banks hate SMEs with ATO debt – it’s the first red flag lenders look for. Many businesses mistakenly view tax debt as less urgent than others, treating it as a flexible line of credit. This can prove costly, as even a small tax debt can render an otherwise strong business ineligible for financing, regardless of profitability or growth.
“Then, establish strong fundamentals: register for GST early to build trading history (some lenders now require 1-2 years versus just six months previously, at a minimum six months), and separate business and personal finances completely.
“Consider property strategically – while non-bank lenders offer competitive unsecured options, property ownership typically secures better rates.
“Be specific about the loan purpose, and have documentation ready. This includes financials, tax returns, and bank statements showing consistent revenue patterns.
“Most critically, partner with a finance specialist. With access to 90+ lenders, brokers like Valiant Finance provide unparalleled access to Australia’s business lending market, connecting SMEs to the full spectrum of lending options, rather than just traditional banks. Having expert guidance to navigate the complex lending landscape can make all the difference.”
Sam Sit, Director of IT at Fingo
“In 2025, securing a small business loan starts with preparation and understanding what lenders want. More than ever, it’s essential for businesses to have their financials in order—clean, accurate, and up to date. Lenders are increasingly data-driven, so demonstrating a healthy cash flow, strong credit history, and a clear plan for how the funds will be used can make a big difference.
“One of the best ways to stand out is to leverage technology. Many lenders now offer AI-assisted application assessments, so presenting your business in a structured, digital-ready format helps speed up the process and reduce friction. Platforms that aggregate your financials, forecast cash flow, or manage your accounting can be valuable tools—not just for you, but to build lender confidence.
“Also, explore government-backed loan programs and fintech alternatives, which can offer flexible terms and faster turnaround than traditional banks.
“In this market, preparation, digital readiness, and transparency are key.”
Danny Chronopoulos, Head of Network Performance and Franchising at Yellow Brick Road
“Securing a small business loan in 2025 starts with preparation.
“Lenders want to see strong financials, a clear business plan, and evidence that you can repay the loan.
“Make sure your financial statements are up to date and accurate — this includes your profit and loss statement, balance sheet, and cash flow projections.
“Your credit score (both personal and business) also plays a key role, so ensure it’s in good shape. Clearly outline how much you need, what it’s for, and how it will help grow your business.
“In today’s market, it’s smart to work with a finance broker who can compare lenders, negotiate terms, and guide you through the process. Each lender has different requirements, so having an expert on your side increases your chances of approval.
“Finally, consider alternative lenders as well as banks — many non-bank lenders offer flexible criteria and faster approval times. The key is being well-prepared, transparent, and strategic with who you approach and how you present your business.”
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