Term Loan

Finance to grow and expand your business

Term Loan limit
up to $1 million

our Term Loan is a convenient business finance solution of up to $1 million to support the growth and expansion of your business. Can be used for any business purpose for up to 5 years.
Flexible terms up to 5 years
No property security or financials up to $250k
Expand and grow your business
High service standards
Term Loan limit
Up to $1 million
Interest rate
9.95% – 19.95%
annual percentage rate
Fees
No annual fee or establishment fee. No early repayment fees.
Term
Up to 5 years
Minimum time in business
3 years+
Repayments
Weekly and monthly options.
avoid lengthy applications

Online application in
less than 5 minutes

All we need is a few business and personal details so we can verify you in real-time, avoiding a lengthy application. Link your bank account and we can service you on the spot.

Get started

Verify your ABN, mobile and Australian ID in real time.
Please Have the following ready:
ABN, Australian driver's licence or passport number and bank account details.

Link accounts

Link your business bank account for a fast decision

Get funded

If approved, get funded within 24 hours

Frequently asked questions

What is a Term Loan?

A Term Loan is a long term business loan of up to 5 years for expansion and growth. We can assess any business with an Australian ABN that has been trading for 3 years or more with annual turnover of at least $250,000.

How much can my business borrow?

Our Term Loans are generally sized according to the business turnover and they range from $25,000 to $1 million.

What documents are needed to process a business loan application?

Our process is simple and can be completed online. We require a completed Application Form and 6 months of bank statements to process Term Loan applications under $250,000. For Term Loans of $250,000 or more, we also require financial statements and a snapshot of the ATO portal.

What can loan funds be used for?

Funds are deposited directly into your businesses bank account, ready to use for any business purpose typically including one-off finance needs like capital projects, expanding premises, building a second store or acquiring a larger warehouse. You choose.

How long does it take to process funds?

Once you sign the Business Loan Agreement, the funds are transferred that day and should be in your account the next morning.

Can I speak to someone about the loan if I have any questions?

Yes, our Relationship Managers are available to help you with any questions and at every step of the short and simple process. They can be reached on 1300 249 649.

What loan terms are available?

The loan term is up to 5 years.
AFIA Trustmark

We are a full member of the Australian Finance Industry Association (AFIA), the leading industry advocate for Australia’s finance sector.

Learn more

Other business finance options

If you’re interested in other finance options for your business, explore our range of solutions below, or call us on 1300 249 649 to discuss your specific needs.
Vehicle Finance
Keep your business moving
Finance the purchase of business vehicles, cars, light commercial, trucks, vans, utes, trailers, SUVs and other specialty vehicles.
Learn more
Business Overdraft
Manage cash flow
Transfer funds seamlessly from your overdraft to any linked business account and manage cash flow as needed.
Learn more
Shift Payments
A trade account to pay on your terms
Pay supplier invoices, ATO & utilities with a Shift trade account and improve cash flow by choosing more flexible payment terms.
Learn more
IDC DX Awards Winner
The Adviser - SME Loans under $250k - Broker product of choice
Linkedin Top startups award
Financial Review - Fast 100: 2018, 2020
Deloitte. Technology Fast 50 winner
Smart 50 - top 10 winner
Financial Review - Fast Starters
Deloitte. Technology Fast 500 winner

1300 249 649

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