Why Working with a Broker Can Save You Time, Money and Mistakes
In 2025, navigating the business finance market in Australia—especially in a competitive city like Sydney—can be overwhelming. With countless banks, online lenders, fintech providers and private funders offering a wide range of products, finding the right loan isn’t easy.
That’s where a commercial finance broker comes in.
This article explains why working with a broker can make a measurable difference to your finance outcomes, when you should consider using one, and how to choose the right partner for your business.
What Is a Commercial Finance Broker?
A commercial finance broker is a qualified adviser who helps business owners secure funding by comparing lenders, negotiating terms, and managing the application process on your behalf.
Instead of approaching a single lender, a broker:
-
Assesses your business structure and finance needs
-
Shops the market across dozens of lenders
-
Matches you with the most suitable product
-
Supports you through approval and settlement
-
Helps you avoid common funding missteps
Put simply, they act as your advocate in a crowded, complex financial marketplace.
Why Use a Broker Instead of Applying Directly?
1. More Options
Brokers have access to a network of 30–50 lenders, from big banks to niche lenders. They compare the entire market—not just one institution’s offers.
2. Tailored Advice
A good broker will understand your industry, business stage, and goals. They help structure a solution that fits, rather than forcing a generic product.
3. Faster Approvals
Brokers know how each lender works and what documentation is required. They’ll guide you toward lenders who can assess and approve quickly.
4. Better Rates
In many cases, brokers can access wholesale or reduced interest rates not available directly to the public—especially for asset finance and low-risk borrowers.
5. Fewer Credit Hits
Every credit application affects your credit score. Brokers pre-screen your position and only submit to lenders most likely to approve, minimising risk to your credit file.
When Should You Use a Commercial Broker?
A broker is especially useful if:
- You’ve been declined by a bank
- You’re short on time
- You don’t know which loan is best
- You want to explore private, low-doc or flexible options
- You’re unsure about what documents or structures are required
What Types of Finance Can Brokers Help With?
Brokers can assist with almost every type of business finance available in Australia, including:
- Equipment and machinery finance
- Business vehicle and truck loans
- Unsecured working capital
- Business line of credit
- Invoice and debtor finance
- Business acquisition or expansion
- Medical or fit-out loans
Some brokers also support commercial property or development funding.
Client Story: Expanding a Café Business in Sydney
Jess, a café owner in Newtown, wanted to fit out a second location. Her bank declined her loan application due to limited trading history.
By working with a broker, she was able to:
- Secure $85,000 in equipment and fit-out finance
- Structure the loan over 4 years with $0 upfront
- Access funds within three business days
She now operates two successful cafés and is planning to open a third.
How Do Brokers Get Paid?
Most commercial brokers are paid a commission by the lender. This means:
- You get professional support and market comparisons
- There are no upfront costs for most clients
- All fees and commissions are disclosed transparently
At Lyft Money, we’ll always explain any brokerage fees before you sign, and ensure there are no hidden surprises.
What Should You Look For in a Good Broker?
Quality | What to Look For |
Accreditation | Licensed and accredited with major lenders |
Experience | Understanding of your business and sector |
Transparency | Clear on fees, rebates, and commissions |
Communication | Easy to reach, responsive, and proactive |
Lender Network | Offers a wide panel of lender options |
Why Work with Lyft Money?
We’re not just brokers — we’re finance specialists who work with businesses across Sydney and Australia. Our team supports:
- Sole traders and SMEs in trades, transport, hospitality, and more
- New businesses and established companies with $1M+ turnover
- Low-doc and full-doc loan requirements
- Over 40 lenders, including private funders
Whether you need equipment, a business loan, or a fast line of credit, we’ll structure the right deal for your growth.
Final Thoughts
Applying directly to a bank may seem convenient, but it can limit your options. A broker acts as your guide, negotiator, and advocate — helping you secure better rates, faster approvals, and funding that supports your business long-term.
Not Sure Where to Start with Business Finance?
Let’s simplify the process.
Speak to the commercial finance specialists at Lyft Money — Sydney’s trusted partner for flexible, fast business lending.