How it works
What happens after you enquire.
This page says what we do, what we ask for, how we are paid and how long things usually take.
- 01
Understand your business
Tell us what the finance is for, how much, when, who will borrow and how the business earns. We ask for documents only once we know which lenders fit.
- 02
Compare your options
We compare suitable lenders on total cost, structure and conditions, and explain the trade-offs in plain English. Waiting, or staying with your bank, can be the right answer.
- 03
Set the terms
The loan term, any lump sum at the end, the security, presales, progress payments and review dates are set to fit how the business earns and pays, not the lender's standard template.
- 04
Settle and follow through
We prepare the application, handle lender questions and valuations, and stay with you through settlement.
What we ask for
What lenders usually want to see.
| Item | What to expect | What decides it |
|---|---|---|
| Equipment or vehicles | Quote or asset details; ID; a signed declaration (smaller amounts) or financials | Amount, asset type, time trading |
| Commercial property | Contract or listing; lease and rent roll if leased; entity documents; financials | Security type, purpose, entity |
| Development | Project budget; site and approvals; builder's contract; your history; any presales | Project size, lender type |
| Cash flow and loans | Recent BAS; three to six months of bank statements; any ATO payment plan | Amount, facility type, lender |
| Business purchase | Sale contract; vendor's financials and BAS; the lease; what you own and owe | Price, security offered, lease term |
Send what you have. Missing items are normal at enquiry stage, and we tell you what matters before you chase it.
How we are paid
Commission from the lender, and a written notice if a fee applies.
For most facilities Chorus is paid a commission by the lender when the facility settles. Some development and private facilities carry a broker fee, in addition to or instead of lender commission; the amount depends on the facility type, its size and the work involved. Where a fee for service applies we tell you in writing before you proceed, and you can ask for the commission amounts at any time.
Debt advisory and management consulting for business clients is a separate, paid service. We agree the scope and the fee in writing before work starts. It is separate from broking and is not credit assistance. See What does the broker cost?
Timelines
Typical from a complete application. Not promises.
| Item | What to expect | What decides it |
|---|---|---|
| Low-doc equipment under a lender's threshold | Often days | Lender, quote and identification in hand |
| Equipment with full financials or unusual assets | One to three weeks | Lender queries, valuation if required |
| Commercial property | 4 to 6 weeks to settlement | Valuation, lease review, entity documents |
| Development | 6 to 12 weeks to first drawdown with a bank; often less with a non-bank | Valuation, QS report, legal documents |
| Working capital facilities | Days to a few weeks | Facility type and lender |
| Business purchase | Typically 4 to 8 weeks to settlement | Vendor financials, lease assignment, valuation |
Figures checked on 8 September 2026. Timelines start from a complete application and depend on the lender and on third parties such as valuers and solicitors.
What a broker cannot promise
Approval, a rate, or a date.
- We cannot promise approval. The lender decides after assessment and valuation.
- We do not publish rates as promises. Once we have your numbers, we give you a dated figure from a named lender.
- We do not advertise a reply time. A broker reads every enquiry and contacts you to agree a time. If you have a hard deadline, call.
- We do not give tax, legal or SMSF advice. We work alongside your accountant and solicitor with your permission, and for business clients we can engage consulting partners for accounting, tax and legal advice.