How to Get a
Small Business
Loan in Australia
Unsecured funding possible up to $500K
Quick and hassle-free approval
Least documentation requirements
Loan term between 3-60 months
Past bad credit? No Dramas!
What is a small business loan?
Understanding how a small business loan works is important when making decisions about your business’s financial future. A small business loan provides access to funds that can be used to support your operations or growth, with repayments made over an agreed period. These repayments typically include the borrowed amount (principal) plus interest.
Flexible Repayment Options
One of the key benefits of small business loans is the flexibility in repayment structures. Depending on the lender and loan product, repayments can often be made daily, weekly, or fortnightly, allowing businesses to choose a schedule that aligns with their cash flow.
Funding for Different Business Needs
Whether you’re launching a new venture, expanding your operations, or managing short-term financial pressures, small business loans can provide the support needed to help your business move forward.
Eligibility Criteria
- • An active Australian Business Number (ABN)
- • At least 6 months of trading history
- • Monthly turnover of more than $5,000
Don’t worry if your business doesn’t meet
these criteria just yet. We have access to loan options for businesses at
different stages, including startups or those without a consistent revenue
stream. Asset Funder works with a network of over 50 trusted lenders,
allowing our brokers to help you find some of the most suitable small business
loan solutions in Australia.
How an Independent Broker Can Help You
Find the Best Small Business Finance
Navigating the world of small business loans can be overwhelming, especially with the wide range of lenders and loan products available. Comparing different options can take up valuable time and energy that could otherwise be spent growing your business. This is where a broker like Asset Funder can make a real difference.
Rather than approaching a single bank or trying to manage the process yourself, working with Asset Funder gives you access to a broad range of lenders and finance solutions tailored to your business needs. Here’s why partnering with Asset Funder can help you secure the most suitable small business finance for your business:
Access to Multiple Lenders: Unlike banks that only offer their own products, Asset Funder works with a large network of lenders (90+), giving you access to a broader range of loan options and more competitive rates and terms.
Personalised Solutions: Every business is different. Our brokers take the time to
understand your financial position and goals, then match you with loan options
that best suit your business needs.
Save Time and Effort: Instead of spending time researching and comparing lenders yourself, Asset Funder manages the process for you. We streamline the
application by presenting the most suitable options, saving you time and
effort.
Expert Negotiation: Our experienced brokers work with lenders on your behalf and can often negotiate better terms, including more competitive interest rates and flexible repayment structures.
Trusted Expertise: With extensive experience in small business finance, Asset
Funder guides you through every step of the loan process, helping you secure the right funding solution with confidence.
Choosing Asset Funder means more than simply submitting an application to a bank. You gain access to expert guidance, tailored solutions, and a wide range of lenders—helping your business secure the funding it needs to grow and succeed.
Our Loan Guide
How to get a Small Business Loan in Australia
Loan Amount
$5k - $1M
Interest rates from
Starts from 7.99% p.a.
Loan term
3 months – 60 months
Pre - approved time
Unsecured Small business loans: 2-4 hours | Secured Small Business loans: 24 – 48 hours
Unconditional approval & settlement time
Unsecured Small business loans: 24-72 hours | Secured Small Business loans: 3-7 days
Pay Cycle
Daily/ Weekly/Fortnightly
Security
May be required after a certain amount
Disclaimer - The information provided in this critical information sheet is for general guidance only. Please contact us if you require further details.
What you need to know?
Can be used for
- Buying stock/Inventory
- Paying wages/rent
- Expansion into branches or another unit
- Renovating business premises
- Other working capital needs
Documents required (low doc approval)
- Up to $250,000 basis
- Last 6 months bank statements
- Valid identification proof
Documents required (full doc approval)
- More than $250,000 basis additional docs
- Financial statements
- ATO statement
Benefits
- Quick and hassle-free approval
- Funding possible in 24 hours
- Least documentation