Hi Team Late last year I got my SMSF up and running thanks to all on here and the advice, I locked 90% of it on a Term Deposit @7% (170k) for 9 months and between my wife and I will commit approx 48k per year to the fund. Our goal is to keep doing this for 18 months and then move into property (as the fund will have approx 300k balance by then). We also set up insurances in the fund, TPD (paid personally), LIFE and Salary Protection from the fund. My question is that I have recently come across a business I would like to buy and it is a Gym, $349k but term of lease. While I know the SMSF cannot buy the business as apart for the business assets there is no "real property" can my SMSF be used a security for a business loan to buy the business? Or can the SMSF buy the assets of the business and then Bank loan the rest? Just Ideas at this stage, I prefer to borrow the money and if I can use the SMSF as security for the loan.........is this possible? Cheers SHREK!