Business lines of credit up to $400k in Australia

Spotcap helped Jennifer, along with over one thousand Australian companies, grow her business

Unsecured, without collateral

Free non-committal application

Decision within 1 working day

No fees for repaying early

What is different about a Spotcap line of credit?

Unsecured - no collateral required

Free, non-committal application

Decision in one working day

No penalty for repaying early

Use a line of credit to grow your business

SMEs need access to finance to grow and innovate. A credit line from Spotcap can help you move forward

Up to $400K of business finance

Only pay interest on what you use

Straightforward paperless application

Funds available within 24 hours

We’re trusted by thousands of growing businesses

Jennifer is one of many Australian business owners who has used Spotcap to grow. Read more about other aspirational SMEs we have financed

working capital loans customer quote

"Spotcap finance enabled us to grow and having that emotion that someone believed in your vision just left us feeling great"

Jennifer Hart

Director of Everyday Cashmere

Let your business benefit from Spotcap's unsecured lending

It’s your business, so you choose how to use the funds. Our credit lines are a versatile solution for both long- and short-term activities.


  • Protect your cash flow

    Give your business financial security by preparing for unforeseen expenses. Access to a line of credit can act as your safety net.

  • Refresh your inventory

    A credit line can supply the working capital needed to restock your inventory when you’re preparing for a busy new season.

  • Bridge receivables

    Secure the working capital you need to cover periods between funding rounds.


  • Grow your product range

    Extend your product range by funding purchasing. You could adjust an existing product for a new market, or start selling something entirely new.

  • Enter new markets

    Reach out to new customers, explore new ideas or run a targeted marketing campaign with the help of flexible financing.

  • Boost your reputation

    A credit line can fund campaigns tailored to improving how your business is perceived by customers, partners or the media.

Qualification and eligibility criteria

What we look for in applications

Australian business

Annual turnover of at least $200k

Trading for at least 18 months

Profitable business

How to apply for a business line of credit

An online application can be completed in as little as 15 minutes

How to apply for an unsecured business loans

Tell us about your business

Answer a few questions and provide some basic data to complete your application

We review your application

Our team of credit experts will review your application and we’ll be in touch with a decision

Accept your offer

Once approved, you have immediate access to your funds. Choose when to have the funds deposited to your account

How does a business line of credit work?

Below is an example of Spotcap’s approach, focused on simplicity and flexibility


When your application is approved, we can offer you a line of credit. Your finance will be available within 24 hours


When you drawdown on your credit line we create a separate business loan. Each loan has the same interest rate


Your line of credit is available for 1 to 3 months. During this time, you may drawdown as much or as little as you need


Each loan is repaid monthly over an amount of time (between 1 and 24 months). After the first month has elapsed, you can repay your loan early without penalty


Upon expiration of your credit line, you may request a rescore. We reassess your information and determine if we can offer a larger sum of finance

Payment Calculator

  • Amount
    $ 100,000
  • Time
    12 months


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.

Understanding business lines of credit

Business loans vs. Lines of credit

  • The main advantage of a line of credit is its flexibility. It is an arrangement with a financial institution that gives a business access to a maximum amount of credit–sort of like a credit card. Businesses can tailor what they withdraw (known as ‘drawing down’) according to their needs.
  • Interest tends to be paid only on the amount a business spends, not on the entire credit line they were approved for. Each drawdown becomes a separate business loan.
  • A business loan, on the other hand, is a single sum of credit given by a lender to a business. Categorised as a debt-based financing arrangement, it is often used by companies to fund investment and growth, or cover unforeseen business costs. Because a business loan is a fixed amount, it suits companies that know exactly how much finance they need.

How can you benefit from a business line of credit?

  • Small businesses are often the most vulnerable when it comes to the effects of payment gaps and unforeseen expenses. A delayed invoice can mean serious cash flow problems: a lack of working capital to operate the business, inability to replenish inventory, and even problems with payroll.
  • Additionally, businesses experiencing high surges in growth will often need flexible access to finance to maximise profitability. A line of credit conveniently resolves this problem.
  • It provides a safety net for borrowers who know they might need additional finance, but are unsure about how much and when. Alternatively, it can support current financial challenges, such as managing cash flow issues, bridging receivables and maintaining vital assets.

Revolving and non-revolving credit lines: what's the difference?

  • The only fundamental difference between these two lending options is what happens after you have repaid the credit line. If you make regular payments on a revolving account, the lender may agree to raise the credit limit–again, in a similar way to a credit card.
  • There is no set monthly payment amounts with revolving accounts–interest accrues on what’s been borrowed. When payments are made, the repaid funds become available for borrowing again.
  • With a non-revolving arrangement, the credit line does not replenish. Once you repay the withdrawn amount, the account is closed. This doesn’t mean the credit line won’t be available again–a lender may offer a similar or increased amount after reviewing the borrower’s circumstances.

Frequently asked questions

Here's further information about finance from Spotcap

Our customer reviews

How to apply for a loan from Spotcap


Tell us about yourself and your business


Receive your decision within one working day


Accept your offer and receive your funds

Qualification criteria

Australian business

Annual turnover of +$200k

Trading for at least 18 months

Profitable business

Business loan calculator

Monthly repayment


  • Amount
    $ 100,000
  • Time
    12 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.