Unsecured business loans
Unsecured business loans, without putting up your home.
An unsecured business loan is based on how your business trades, not on property. We compare lenders on our panel, including specialist lenders, to find funding that suits your business.
- No property needed as security
- For working capital, stock, wages and growth
- Low doc options where available
What we finance
What business owners use it for
Funding for the day to day and for the next step.
Cash flow
- Working capital
- Wages and payroll
- Paying suppliers
- Stock before the busy season
Growth
- Taking on a bigger job
- Hiring and marketing
- Fit outs and upgrades
- Opening a new location
Ways to fund it
- Unsecured business loans
- Business lines of credit
- Invoice finance
Who unsecured business loans suit
Businesses that want funding based on how they trade, not on what they own.
Established small businesses
A steady trading history and regular income through the business bank account give lenders a clear picture.
Owners who'd rather not use property
No home or other property is needed as security, so there are no property valuations involved.
Seasonal businesses
Stock up or staff up before your busy period, then repay as the sales come in.
Sole traders and companies
Lenders consider a range of business structures, with low doc options where available.
How it works
What lenders look at
Unsecured lenders focus on the business itself. Each one weighs things a little differently, which is why comparing them matters.
How long you've been trading
Lenders usually look for a minimum trading history. Some consider newer businesses too.
Turnover and bank statements
Regular income through your business bank account shows a lender how the business runs day to day.
Loan or line of credit
A loan gives you a set amount over a set term. A line of credit lets you draw funds when you need them and repay as cash comes in.
One conversation, more options
Tell us what the funds are for and we'll lay out the options from lenders on our panel, side by side.
What you'll need depends on your situation
One conversation and we'll tell you exactly what's needed.
Why use a broker
One conversation, more options
We compare lenders for you
Instead of approaching lenders one by one, we compare options from lenders on our panel and focus on the ones that suit your situation.
One application, handled for you
You give us your details once. We prepare the application and deal with the lender, so you don't have to chase anyone.
Low doc options where available
Self employed or running a newer business? We know which lenders consider other ways to show your income.
Someone in your corner
We explain your options in plain English and keep you updated from enquiry through to settlement.
FAQs
Common questions
What is an unsecured business loan?
It's business funding that doesn't use your home or other property as security. Lenders base their decision on how your business trades, such as your time in business, turnover and business bank statements.
What do lenders look at?
Usually your time in business, turnover, business bank statements and credit history. Lenders may also ask the directors for a personal guarantee. We'll explain what each option involves before you decide.
How much can I borrow?
It depends on the lender and on how your business trades, mainly its turnover and trading history. Tell us what you need and we'll let you know which lenders on our panel suit that amount.
What's the difference between a business loan and a line of credit?
A business loan gives you a set amount that you repay over a set term. A line of credit gives you a limit you can draw on when you need it, and you generally pay interest only on what you use.
Do I need full financials?
Not always. Some lenders offer low doc options, relying on things like business bank statements or BAS instead of full financial statements. We'll help you find lenders whose criteria suit your business.
Do you help businesses outside Sydney?
Yes. We're Sydney based and help businesses Australia wide, including Queensland, Victoria, South Australia and Western Australia. Everything can be done by phone and online.
Will enquiring affect my credit score?
No. Making an enquiry with us has no impact on your credit score. A credit check only happens if you decide to go ahead with a full application, and we'll talk you through that before anything is submitted.
Free, no obligation
Get your unsecured business loan quote
Tell us about your business and what the funds are for. It takes about a minute, and there's no impact on your credit score to enquire.
Prefer to talk?
0415 592 217