Finance question
Can a brand new business get finance with no ABN history?
Yes. A new business can access property-backed finance with no long ABN history, up to $6 million at single-digit rates and no financials, because the loan is secured by property rather than by trading history.
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The short answer
The property carries the deal, not the trading history
A bank wants to see two or three years of trading before it lends, so a new ABN is an instant decline. Property-backed lending inverts that. With equity in a property carrying the deal, the lender's risk sits in the real estate, not in how long you have been trading.
The requirement is property with equity behind it. It is the security that lets a lender look past a three-month-old ABN. Without property, a brand new business will struggle to borrow at this size.
That means a days-old ABN, and even a startup with no revenue yet, can be treated on the same footing as an established business, because the assessment is on the property rather than the numbers.
Do you qualify?
What makes a new business fundable here.
Property with equity
Residential or commercial real estate to secure the loan.
An ABN, however new
There is no minimum trading history when property secures the deal.
Up to $5 to 6 million
Facility size scales with your equity, not your age as a business.
No financials needed
Many deals settle without financials a new business would not have anyway.
Why ABN age stops mattering
Banks price trading history
Two to three years of trading is the bank's rule, so a new ABN is declined before anything else is read.
Security replaces history
Equity in a property covers the lender, so the length of your ABN is no longer the deciding factor.
Startups included
A business with no revenue yet can still be funded, because the property is what is assessed.
A real example
A director starts a new company three months ago and needs $400,000 to get moving, with no trading history a bank would accept. The director owns a home with $700,000 of equity. Funded on a property-backed facility at a single-digit rate, and ABN age never became the issue. Illustrative only.
Common questions
Frequently asked questions
How new is too new?
There is no hard cutoff when property secures the loan. A days-old ABN can work.
Does this cover startups with no revenue yet?
Often yes, because the assessment is on the property, not revenue.
Can I use my home as the security?
Yes, residential property is commonly used to secure the facility.
Do I still need financials?
For many property-backed deals, no. The equity carries the deal.