An unsecured loan of $2,000 to $300,000. The term of the loan is between one and twelve months and the cash-flow friendly repayments are either daily, weekly, fortnightly or monthly. Rates from 1.8% per month.
You can apply for a Business Loan in under ten minutes and receive a fast response – often as little as one hour. Application is 100% online and funds can usually be provided the same business day. Traditional business loans reference an interest rate per annum plus other fees and charges.
We can often provide a response in one hour – if you apply during standard business hours and allow us to use an advanced bank verification system link to instantly verify your bank information online. If you choose to upload copies of your bank statements we can provide a decision in as little as one business day.
We know growing your business is important, so we will work hard to get money to you as soon as possible. If you apply before 4pm on a business day and you application is approved, we can usually have money in your account the same or next business day.
There are no fees for early repayment and no balloon payment at the end of your loan. We are totally transparent with our customers about the total amount due and the date of the final payment. Once you make the final payment your balance will be $0.
The amount you can borrow for any of our loan products varies between clients. We assess the amount using a combination of factors. If you want to find out how much you’ll be eligible for, start filling out our pre-approval form. This is an easy five minutes process, and you’ll receive an almost instant decision and a rough estimate of the loan payable to you.