Benefits of Bendigo Bank business

  1. Most satisfied customers of any Australian bank - Roy Morgan, 2018

  2. Top 60 ASX Listed Company

  3. Local business specialists

  4. Community Bank® - $183 million reinvested back into local communities

  5. A diverse range of products and services for business customers

  6. 1.5 million customers in over 500 communities Australia-wide

Solutions to meet your business needs

Steps to help you get started

Starting a business can be a daunting experience.
We have taken some of that stress away with helpful tools and support to get you started.

  1. Use the 'Helpful tools' below

  2. Find the right product

  3. See summary of solutions

  4. Contact one of our Business Specialists

  5. CONTACT US

Solutions to help you start out

We have a range of specialists who can work with you to find the right solutions to get you started. Or choose from the range of finance, insurance or transaction banking solutions below to help run your business day-to-day.

Young woman completing paperwork.

Managing cashflow

Ensuring your day-to-day business dealings run smoothly, we offer a competitive range of transaction and savings accounts specifically designed to help you access your money and take care of business.

Business man working on his laptop.

Protect my assets

We offer a comprehensive range of commercial insurance solutions across business, farm and trade activities. We can provide a range of online solutions, or provide access to our team of qualified brokers.

Carpenter in his workshop.

Need some finance

Big, small, established or new, if you need finance, we have a range of business and commercial loans to suit your unique needs.

Two retailers talking.

Wealth

Look after yourself and your staff with flexible superannuation solutions. Bendigo SmartStart Super® is a low cost super fund that focuses on strong returns whilst keeping fees low.

retailer turning over his open sign.

Small Business Bundle

Whether you’re a retailer, professional or in the trades, we can bundle all your banking needs together and help you save.

Take a moment to see who we are

We believe in being open and transparent in who we are. It's more than just words to us, it's our way of life.

FAQs

How do I get an ABN?

You can register for an ABN through the Australian Taxation Office website. You need to register for an ABN for certain tax purposes such as GST and pay as you go (PAYG).

How do I write a business plan?

We provide you with a business plan template to kick start your business. Access the Bendigo Business Plan template to kick start planning for your business.

What do I need to consider when starting a new business?

There is a handy Starting a Business Checklist to help you understand some of the key elements to consider when starting a business.

What is GST and do I need to register for GST?

GST is a 10% tax applied to Australian goods and services. Where your business has sales over $75,000 p.a. your business must register for GST.

If your turnover is less than this amount, you can register for GST voluntarily – and there are some good reasons for doing so. Before deciding, seek professional advice and talk to your accountant and lawyer.

To register for GST – the Australian Taxation Office and business.gov.au websites have an overview on registering for GST

How can I market my business?

A marketing strategy is a key part to your overall business plan. Your target market and customer base will dictate the marketing strategy that is best for you. Use the Bendigo Business Plan template to help you articulate some elements of your target market, customer base and marketing considerations.

Do I need a permit or license for my business?

It’s important to check if your business has the appropriate licenses or permits. Visit the Australian Business Licence and Information Services (ABLIS) for more information.

Is there someone who can help me find more information about my industry?

You can access some information or purchase a detailed report about your industry through the IBIS World Industry Reports. Alternatively, once you have a relationship with us, speak to one of our Business Specialists for more information.

Considerations when employing staff

If you intend to employ staff there are some important considerations. You can access the Starting a Business Checklist  for more information.

Solutions to help you buy your business

Planning to buy a business? Our expert business specialists can advise you on products and services to meet your needs, whether this is a loan, insurance, or accounts to help manage your day-to-day cash flow. We can help you realise your dream.

Young woman completing paperwork.

Structuring your cashflow

Ensuring your day-to-day business dealings run smoothly, we offer a competitive range of transaction and savings accounts specifically designed to help you access your money and take care of business.

Carpenter in his workshop.

Finance to buy

Big, small, established or new, if you need finance to purchase or expand your business, we have a range of business and commercial loans to suit your unique needs.

Business man working on his laptop.

Protect my assets

We offer a comprehensive range of commercial insurance solutions across all business, farm and trade activities. We can provide a range of online solutions, or provide access to our team of qualified brokers.

Two retailers talking.

Wealth

Look after yourself and your staff with flexible superannuation solutions. Bendigo SmartStart Super® is a low cost super fund that focuses on strong returns whilst keeping fees low.

retailer turning over his open sign.

Small Business Bundle

Whether you’re a retailer, professional or in the trades, we can bundle all your banking needs together and help you save.

Great reasons to choose us

  • Local business banking specialists

  • Dedicated relationships

  • Full service bank

  • We give back to community

Take a moment to see who we are

We believe in being open and transparent in who we are. It's more than just words to us, it's our way of life.

FAQs

Tax considerations when buying a business

The moneysmart.gov.au website has some considerations on tax.

Considerations when buying a franchise

There is a handy Buying a Business Checklist to help you understand some of the key elements to consider when buying a business including a franchise.

Is there someone who can help me find more information about my industry?

You can access some information or purchase a detailed report about your industry through the IBIS World Industry Reports. Alternatively, once you have a relationship with us, speak to one of the Business Specialists for more information.

Considerations when employing staff

If you intend to employ staff there are some important considerations. You can access the Buying a Business Checklist for more information.

What do I need to consider when buying a new business?

There is a handy Buying a Business Checklist to help you understand some of the key elements to consider when buying a business.

Solutions to help you grow your business

You've worked hard to establish your business and build a solid foundation. Let us help you grow your business with our range of business products and services to take you to the next level.

Retailer talks on the phone while working on her laptop at the store counter.

Expansion

If you've outgrown your existing space or the term of your lease is due, we have a range of flexible lending options available to ensure your business can continue to grow.

Cafe worker processing an EFTPOS transaction for a customer at the counter.

Domestic or International

Expanding domestically or internationally? We have a range of solutions to ensure you can confidently expand into larger markets from financing to foreign exchange services.

Business man working on his laptop.

Advice and protection

Draw on our expertise to empower your business and ensure that your finances are serving your business objectives. Protect your business with our comprehensive range of commercial insurance solutions.

Two retailers talking.

Other solutions

We offer a range of other financial solutions to ensure your business can run smoothly so that you can focus on growing your business and ensuring your customers are serviced.

Great reasons to choose us

  • Local business banking specialists

  • Dedicated relationships

  • Full service bank

  • We give back to community

Take a moment to see who we are

We believe in being open and transparent in who we are. It's more than just words to us, it's our way of life.

FAQs

When is the right time to expand my business?

We recommend you seek independent advice to determine if your business is positioned to expand. You can also contact one of our Business Specialists to discuss your ongoing needs.

Is there someone who can help me find more information about my industry?

You can access some information or purchase a detailed report about your industry through the IBIS World Industry Reports. Alternatively, once you have a relationship with us, speak to one of the Business Specialists for more information.

Considerations when expanding my staff

There is a handy Growing a Business Checklist to help you understand some of the key elements to consider when growing a business including staff.

How do I start to trade overseas?

If you are running a business in Australia and you are looking to expand overseas, there is a handy Growing a Business Checklist to help you understand some of the key elements to consider when expanding overseas. You can also see the suggested solutions listed above.