Liberty Supports New Australian Businesses with Flexible Loans

In the fiscal year 2023-24, the Australian market saw a surge in new business registrations, with over 70,000 new entrants, according to recent ABS data. Among the sectors experiencing the largest growth are transport, healthcare, and financial services. This expansion occurs despite economic challenges.

Liberty, a prominent lender, offers flexible business loans tailored to assist these burgeoning businesses. The company aims to facilitate initial phases, critical for growth and competitiveness, by providing needed cash flow support.

Kate Jenkinson, Liberty's Manager - Group Communications, highlights that business loans can cover startup costs like equipment, staffing, and supplies, paving the way for success. Existing businesses may also benefit from loans to expand operations or upgrade equipment.

Liberty's personalised approach aims to accommodate businesses of all sizes, offering solutions without requiring mortgage security. This method supports both small enterprises and larger firms.