Fast, unsecured business loans
made easy

We are rated Australia's #1
lender for small business

Do you qualify?

Why choose us?

Small business that we have helped

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Cleo's Hairdressing

I needed funds urgently to pay for Tax debt (BAS), the guys were excellent at getting my loan approved and funds into my account in 24 hours

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Bridge Cafe

I needed to renovate my cafe and purchase new chairs and tables for my customers. The banks thought I was a joke, these guys understood that you have to spend money to make money!

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Fortuna Constructions

In the building industry, I am always chasing up clients for payments. If I dont pay my staff I can't get them to work on the next project. Thanks guys for helping me out in a tight situation!

FAQs

  • Funds to start new contracts or jobs
  • Operation Expenses
  • Marketing & Advertising
  • Renovations
  • General working capital
  • ATO tax arrears
  • Opening new sites
  • Purchasing Inventory/Equipment

Interest starts from 9.99%. The actual rate is determined on the following factors:

  • Your credit file
  • How much you borrow
  • Length in business
  • If you are property backed
  • Days in negative balance
  • Amount of dishonours

Yes you can.

For example: If your loan is over a period of 12 months and you pay it out at 6 months, then all remaining interest will be discounted and in some cases completely waived.

Yes. You can redraw from your loan after 3 months.

You can choose to drawdown what you have already paid off, or you could request more funds.

The two main reasons lenders like to ask this question is:

  1. Characteristic trait. Owning a property shows you are a responsible person to lend to and are less of a risk to the financier.
  2. Personal guarantee. Financiers will feel more confident lending funds out when you own property and sign a personal guarantee. This will also secure a cheaper rate.

What is the length of an Unsecured Business Loan?

Loans are typically between 3 – 12 months. We can go up to 36 months depending on the risk factors.

What is the frequency of the repayments?

Repayments can be made weekly or daily. Interest is calculated daily.

What is the meaning of paid defaults accepted?

If there is a default against your business and the status of the default shows paid.

What happens if I miss a payment?

If you fail to make your payment by the due date, your financial institution will charge a late fee to the outstanding amount. The late fee penalty will vary based on the lender, but it can be anywhere from $10 to $100, depending if the lender has a flat rate charge or a late penalty equal to a certain percentage of your borrowed amount.

Each missed payment will incur a late fee, so it’s easy to see how the costs could add up quickly. Some lenders will allow for a few days’ grace period; however, it’s prudent to not get behind. If you pay your payment in full within 30 days, your credit will likely not be affected, but if you go past the 30 days, there’s no guarantee your account won’t be sent to collections and be marked as a delinquency on your credit report.

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