Rated 4.8/5 by 100+ Clients
🇦🇺 Serving Australian Businesses 🇦🇺
.jpg)
There are multiple pieces of criteria that we enforce for our lead quality. This ensures you have the best chance of getting successful applications and approved loans.
We have generated over 100,000 small business lending leads and we have a huge sample size of data as it relates to annual revenue and credit scores. Here are our averages:
Our leads average at over $100 USD. This is the market price for what over 125 lenders and brokers are paying right now. The math works out favorably for you and you get a huge return on investment.
1. On average, a broker or lender will close successful loans at a 4% conversion rate within 72 hours.
2. This means that 1 out of every 25 leads becomes a successful loan.
3. We sell our leads for $100 each, and if 1 in 25 convert, that is $2,500 to get one conversion.
4. The average loan size for our leads is $73,000. Brokers make 10% on average and lenders can make a lot more. This means brokers make an average of $7,300 per $2,500 spent on leads, which is nearly a 3x ROI.
5. This ROI doesn't even include the leads that convert over time (on average, between 5-8 per 50 leads will close within 3 months) or repeat loans/business.
If you want to grow your lending business or brokerage, buying leads from us is one of the highest ROI things you can do.
We deliver exclusive, high-converting loan leads tailored to your exact lending criteria with real-time delivery to maximize your portfolio growth.
.webp)
Once approved, funds can be in your account within 24 hours. We've streamlined the entire process so you can focus on running your business, not chasing finance.
We've made documentation simple. To get started, you'll just need your business ABN, basic trading information, and identification. For the final application with your matched lender, you'll typically need 3 months of bank statements and possibly recent BAS statements. Unlike traditional banks, we work with lenders who minimize paperwork and make the process hassle-free.
Many of the lenders we connect you with offer unsecured loans up to $150K with no asset security required. For larger amounts (up to $250K), some lenders may require security, but we'll always match you with options that best suit your circumstances. Our 30-second assessment helps identify which loan types are right for your situation.
Interest rates through our lender partners typically range from 9% to 24% depending on your business profile, loan amount, and term length. Because we match you with multiple lenders, you'll have access to competitive rates that might not be available if you approached just one lender directly. Our service is designed to find you the best possible rate for your specific situation.
Your initial 30-second assessment with BusinessBuddy has zero impact on your credit score. We use this information to match you with suitable lenders before any formal credit checks take place. Only when you decide to proceed with a specific lender will a credit check be conducted, giving you complete control over your credit profile.
Through our diverse panel of lenders, we can help businesses that have been trading for at least 6 months with a minimum monthly turnover of $5,000. Different lenders have different criteria, which is why our matching service is so valuable – we connect you with lenders whose requirements align with your business situation.
Yes! We specialize in helping businesses that may have been rejected elsewhere. Many of our lending partners look beyond credit scores to assess your business's overall health and cash flow. If you've been trading for at least 6 months and have consistent revenue, we can likely find you funding options regardless of past credit challenges.
Our service is completely free to you – we're paid by the lenders when you successfully secure funding. Typical lender fees include establishment fees (usually 1-3% of the loan amount) and in some cases, a monthly or annual fee. We'll always ensure you understand the complete cost structure before you commit to any loan.
Our lender partners offer flexible repayment terms ranging from 3 months to 5 years, depending on your needs and loan amount. Shorter terms typically mean higher repayments but less interest paid overall, while longer terms reduce your regular payment amount. We'll match you with options that align with your cash flow and business goals.
Most of our lending partners allow early repayment, and many offer discounts on remaining interest when you pay early. This can save you significant money over the life of your loan. During our matching process, we prioritize lenders with flexible repayment options and minimal or no early repayment fees, giving you complete control over your business finances.
Complete our simple application form to see if you qualify. Once submitted, we'll connect you with the right person who can help your situation.