A bridging loan solution to solve your funding gap of up to $250k

A flexible, accessible answer to businesses facing short-term commercial cashflow challenges

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Don’t waste time with unnecessary forms and meetings.

For any purpose

Flexible, controllable funding, tailored to your specific needs.

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Competitive rates and charges, with no hidden costs.

Peace of mind

Your application is processed promptly, rigorously and securely.

What is a bridging loan?

In today’s fast-paced commercial world, gaps can open up in your cashflow. Bridging loans cover these gaps by providing essential funds when you need them. A typical bridging loan is in place for a few days or a few weeks.

Bridging loans are short-term, although what that means depends on the context. Their purpose is often to provide respite while a longer-term arrangement is put into place. While it’s often associated with property transactions, bridging finance can be used for any purpose.

A Spotcap business loan is a flexible alternative to the traditional bridging loan. By providing the capital you need, it can give the confidence required to move forward with your commercial plans.

Small business finance for SMEs in AU

What is a bridging loan?

In today’s fast-paced commercial world, gaps can open up in your cashflow. Bridging loans cover these gaps by providing essential funds when you need them. A typical bridging loan is in place for a few days or a few weeks.

Bridging loans are short-term, although what that means depends on the context. Their purpose is often to provide respite while a longer-term arrangement is put into place. While it’s often associated with property transactions, bridging finance can be used for any purpose.

A Spotcap business loan is a flexible alternative to the traditional bridging loan. By providing the capital you need, it can give the confidence required to move forward with your commercial plans.

How can a Spotcap loan meet my bridging finance needs?

You can use the cash you borrow from us for a wide variety of commercial purposes including:

  • Protecting your payroll

    You can’t afford a shortfall in working capital that stops you paying your staff on time. This can happen because, while payroll payments are predictable, receipts from customers don’t always come in on time. Flexible access to a short-term loan can be the answer

  • Invest in a major project

    It can take time and money to invest in a significant contract for a customer. A bridging loan lets you finance that investment before it begins to generate income

  • Purchasing a major asset

    It can take a while to finalise finance arrangements when you’re buying a significant business asset, such as property or a major piece of equipment. Short-term finance can let you move ahead with the purchase, or fill a timing gap in your funding

  • Stocking your shelves

    A tailored short-term business loan can be just what you need when it’s time to put new inventory onto your shelves. It pays to be prepared for your customers when they come to buy

How can a Spotcap loan be a bridging loan alternative?

Being a short-term finance solution, a bridging loan for business needs the flexibility to respond to changes in circumstances. This versatility is a core feature of a Spotcap business loan.

The traditional bridging loan provides funds of a specified amount, on which you pay interest and charges. A Spotcap loan begins with a line of credit, and you choose how much to borrow, as it’s required. Because it’s a line of credit, in the early stages you can borrow in smaller amounts, giving you more control over interest costs.

Each withdrawal becomes a business loan that’s typically repayable over 6 to 12 months. You can choose to repay early without incurring any penalty fee. It’s this flexibility, combined with the ease of arranging the finance, that makes a Spotcap business loan a popular alternative to a bridging loan.

Our bridging loan alternative - the key facts

We’re bringing a unique approach to business lending in Australia

Loan amount

Your business could benefit from a loan of between $5k and $250k

Loan terms

Repayments are typically monthly, over 6-12 months. In addition, in the early months, you can choose how much of the loan to draw down

Criteria to qualify

Spotcap business loans are available to firms registered in Australia, with 18 months of trading history, an Australian online bank account, and turnover of at least $200k

Interest rates

The interest rate on your business loan reflects market conditions along with your recent business performance. Use our business loan calculator to estimate the interest rate and monthly repayments

Business loan repayment calculator

  • Amount
    $ 125,000
  • Time
    9 months

$14,951

Monthly repayment

For illustrative purposes only. The example shown above is based on an average Spotcap customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Monthly repayment

$14,951

  • Amount
    $ 125,000
  • Time
    9 months
For illustrative purposes only. The example shown above is based on an average Spotcap customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

How to apply for your bridging loan alternative

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Sign up

Applying for a business loan starts with entering basic personal and business information

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Complete the application

Link your accounting software and business bank account, or upload financial statements, to complete the loan application

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Get approval

Once approved, you’ll have access to your business loan within 24 hours