While SMEs account for 97 percent of Australian businesses, it can still be difficult to make a case to a bank when looking for finance to start a new business or invest in the growth of an existing one. The good news is that applying for commercial finance through a bank is far from the only option. Personal loans A relatively young enterprise that doesn’t have a track record of success may not be looked upon favourably by banks, which make decisions based on risk. A lack of documented history…