
Business Loan Agreement: What to Check Before You Sign
A business loan agreement is the contract that sets out exactly what you’re borrowing, what you’ll pay, and what happens if things go wrong. The interest rate gets the attention,
Director and Principal Broker at Lodestar Finance
Lovepreet is the founder and principal broker at Lodestar Finance. He helps individuals, families and businesses across Australia work through home loans, refinancing, investment lending, business finance and asset finance. His background combines accounting, tax and mortgage broking, so he looks at a loan the way a lender will and the way your accountant will.
Lovepreet Singh Sangha holds a Bachelor of Business in Accounting and has worked as a tax consultant, a finance broker’s assistant and a customer service leader. That mix gives him a practical view of both sides of a loan application: what a lender needs to see, and what a borrower needs to understand before signing.
At Lodestar Finance he manages the full lending process. That starts with understanding your goals and your financial position, then moves through lender selection, application, approval and settlement. He compares products, rates, features and lender policies across a broad panel so the recommendation fits your situation, not a single bank’s product list.
Lovepreet is passionate about simplifying finance. He believes borrowers make better decisions when the language is plain, the costs are clear and every recommendation is explained.
Founder and Principal Broker, Lodestar Finance (May 2025 to present)
Leads Lodestar Finance and works directly with clients on residential lending, refinancing, investment loans, business finance and asset finance. Manages every stage from the first conversation to settlement, in line with responsible lending obligations and industry compliance standards.
Tax Consultant, Premier Tax & Bookkeeping (May 2024 to October 2025)
Prepared and reviewed income tax returns for individuals and small businesses, including deductions, rental property tax matters and business tax obligations. Supported bookkeeping, reconciliations and BAS preparation, and advised clients on record keeping and tax planning. This work is why Lovepreet is comfortable reading tax returns, income statements and business financials when assessing a loan.
Finance Broker’s Assistant, Finance Brokers Tasmania, Hobart (October 2024 to July 2025)
Supported mortgage brokers with residential loan applications from enquiry to settlement. Prepared loan submissions, assessed payslips, bank statements and tax returns, liaised with lenders and conveyancers, and kept documentation in line with NCCP and responsible lending requirements.
Every article Lovepreet writes or reviews is written in plain English, covers the topic from every angle and cites credible sources such as the ATO, ASIC, APRA and Moneysmart. Where rates, grants or rules change, he checks the current figures before publishing. Articles are general information only, so they are a starting point for a conversation, not a substitute for advice on your own situation.
If you would like help working out your borrowing options, you can request a free consultation and Lovepreet will walk you through what is realistic for your situation.
Lodestar Finance Pty Ltd T/as Lodestar Finance ABN 37686860104. Credit Representative (CRN 571879) of Purple Circle FS, Australian Credit License Number: 486112.

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