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.

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

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.

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.

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

The loan term is up to 5 years.