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If you’re a sole trader, or have a bad credit score, a small business loan in Melbourne may be right for you. No matter what your financial situation is, there’s a business loan in Melbourne for you. When applying for business loans in Melbourne, you need to decide whether you’re looking for an unsecured or secured loan. Small business loans in Melbourne are flexible and offer competitive rates. Small business loans in Melbourne can be used for a variety of purposes, including buying inventory, renovating a workspace, or meeting unforeseen expenses. A trading business bank account will be required, as well as basic financial statements. You can repay these loans with your bank account, and there’s no penalty for early repayment. You should also have a bank account and a cash flow statement to qualify for a larger loan. This document should include a profit and loss statement, as well as cash flow forecasts.
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