We understand small businesses need faster finance solutions – so you can make decisions quickly and seize opportunities with total confidence.
The health of a business is used to determine creditworthiness, without the business owner needing to secure the loan by putting up security such as property, vehicles, invoices or debtors.
Small businesses can apply online for loans up to $250k, get a fast decision and in many cases receive the funding in under 24 hours.
Traditional business loans reference an interest rate per annum plus other fees and charges.
Our business loan details the total amount payable upfront inclusive of any interest, fees or charges that is then broken down into either a daily or weekly repayment figure.
- The interest paid and depreciation are generally tax-deductible within the current financial year.
- An unsecured business loan details the total amount payable upfront inclusive of any interest, fees or charges.
- The GST component of the purchase can be claimed as an input tax credit.
Key features & Benefits
- Minimal documentation required
- Our business loans are between 3-12 months, with the average loan being 6-9 months.
- Loans range from $5,000 to $250,000 with easy daily/weekly repayments.
- Interest is charged to the principal when the loan is originated, it doesn’t compound.
- There are no fees for early repayment and no balloon payment at the end of your loan.