Broker guide
Aussie Business Loans: Provider and Process 2026
Considering business finance through Aussie? Identify the lender and facility, then check trading evidence, security and the actual intermediary role.
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Aussie business loans are arranged through a finance service, with the underlying lender’s contract setting the borrowing terms. Aussie’s business-loan guide identifies Mildura Finance Pty Limited as the provider of Aussie Asset Finance. Separate that arranging role from the entity actually lending to your client.
Who Arranges and Funds the Finance
Aussie’s Credit Guide identifies Aussie as the trading name of Lendi Group Distribution Pty Ltd. It describes arranging home loans and marketing other credit products. That brand identity alone doesn’t identify the credit provider for a business facility.
The disclosure on Aussie’s business-loan guide names Mildura Finance Pty Limited, Australian Credit Licence 385395, as the Aussie Asset Finance service provider. It also says panel availability depends on location and equipment type.
Use the enquiry or referral record to identify who receives the application. Then read the proposed credit contract for the lender’s full legal name and the product being offered. Keep the referring Aussie broker, the arranging business and the lender in separate fields in your file notes.
A service provider’s credit licence identifies its licensed role. It doesn’t establish that the provider funds every facility it arranges. Don’t transfer a residential Aussie home-loan lender’s name or policy to a business-finance proposal.
Evidence for the Business
Aussie’s published business-loan checklist starts with the amount and purpose of the borrowing. It includes company tax returns, financial statements and personal and business assets and debts. The applicant must be a person authorised to seek finance for the business.
Build the evidence around the proposed borrower. Record its legal name and Australian Business Number (ABN), then identify its owners and the person authorised to sign. For a company borrowing to buy equipment, keep the company’s finances separate from the director’s personal commitments.
CPA Australia’s application checklist adds business history and ownership details to the financial record. It describes historical financial statements, bank records and tax information that help a lender assess the business. Use the chosen lender’s request to determine the required periods and documents.
Match the funding purpose to its evidence. An equipment purchase needs a clear description and price for the asset. Working-capital funding needs an explanation of the cash shortfall and how normal trading will support repayments.
Keep turnover separate from cash available for debt repayments. Reconcile the bank credits with business revenue and identify transfers that aren’t sales. If the proposed repayment depends on seasonal income, show the low-income periods as well as the annual result.
Aussie’s Privacy Statement describes sharing information with lenders through an application or referral. It also explains that a lender can record a credit enquiry when an application proceeds. Record which provider the client authorises to receive the evidence before sending it onward.
Compare the Underlying Facility
Compare the actual business facility by its security and repayment obligations. A brand introduction doesn’t tell you whether the proposal is an equipment loan, lease or unsecured cash-flow facility.
Mildura Finance’s equipment-finance information lists chattel mortgages and finance leases. These structures have different ownership arrangements. Match the client’s proposal to the named agreement before assessing who owns the equipment or what happens at the end.
Terms That Change the Comparison
| Contract item | What to record | Effect on the client’s decision |
|---|---|---|
| Security | The particular asset, property or wider business security required | Shows what the lender can claim against under the agreement |
| Guarantees | Each guarantor, the amount covered and release conditions | Identifies personal exposure beyond the business borrower |
| Repayments | Amount, frequency and whether the rate can change | Lets you compare obligations with the business’s actual cash receipts |
| Final payment | Any balloon or lease residual and its due point | Keeps a lower regular repayment from hiding the amount left at the end |
| Fees | Establishment, ongoing, early repayment and discharge charges | Separates the cash received from the total cost of borrowing |
Business Victoria’s loan application guidance explains secured and unsecured funding and the effect of fees. Inspect the security and guarantee clauses separately. An unsecured proposal still needs a clear record of any personal guarantee.
Aussie’s guide to rates and balloon payments explains that a balloon leaves a lump sum payable at the end. In a hypothetical equipment proposal, lower monthly payments can help with cash flow while leaving the business reliant on a future sale or refinance. Record how the client expects to fund that final payment, including the risk that the asset sells for less than the amount owed.
For a guarantee, Moneysmart’s guidance explains that the guarantor can become responsible for repayment if the borrower can’t pay. Have the client obtain independent legal advice about the guarantee before signing. Retain the guarantee with the facility documents so its scope remains visible in later credit assessments.
Record the Confirmed Terms
Reconcile the written offer or existing contract with the client’s wider financial position. Start with the legal borrower and lender, then match the outstanding balance to the repayment schedule and latest statement.
If the client also seeks a home loan, record the business debt and any personal guarantee alongside the income drawn from that business. Avoid counting the same business cash as available income while ignoring the repayments it must fund.
Use the business loan calculator for estimates based on the entered terms. Compare the result with the lender’s actual schedule, especially where fees or a final payment affect the total. The broader business finance guide helps distinguish the funding structures before narrowing the comparison to a specific offer.
Keep indicative terms separate from approved terms. Record each outstanding condition and the document that resolves it. When the client proceeds, the signed contract and repayment schedule must identify who provides the credit and what the business must repay.
