A small business loan provides quick access to a lump sum to cover one-off expenses or invest in your business. You may generally borrow between $5000 and $300'000, although higher amounts are made available with a slightly longer turnaround. You will enjoy fixed terms between 3 and 36 months with funding provided in as little as 24 hours. Interest rates are determined based on your business circumstances.

Business line of credit provides ongoing access to funds to cover unexpected cash flow gaps, and keep your business moving. For faster turnarounds you will be limited to between $2,000 and $150,000. YOu only pay interest on the funds drawn.

Under normal circumstances, our lenders can often provide a response in one hour – as long as you apply during standard business hours and allow the lender to use technology to verify business data. If you choose to upload copies of your bank statements the lender can usually provide a decision in as little as one business day. Under normal circumstances, if you apply before 4pm on a business day and your application is approved, it is possible to have money in your account the next business day.

When you apply for our business loan, our lenders will assess the risk profile of your business in accordance with their lending policies and provide you with a customised offer including loan amount, term and interest rate. Interest rates vary based on factors such as your industry, how long you’ve been in business, and the health of your cash flow. With most business lenders the only fee you will incur is an origination fee. There’s generally no compounding interest and no additional fees (as long as you make your payments on time). You’ll also know exactly how much you need to pay and when from day one.

You must be an Australian Citizen (or permanent resident), over 18 years of age, own an Australian business with a valid ABN/ABN, and can demonstrate a certain term of trading (usually up to 6 months).

Like traditional lenders, most business lenders conducts credit checks to determine your personal credit score in conjunction with your business health. Credit reporting bodies will compile a report on your credit worthiness based on a range of factors which include how many loan applications you have already made, your current credit if you have any, any overdue bills, past bankruptcy if applicable and any pending writs or court judgments.