Apply online for your business loan from $10k to $250k

Your loan could be approved in just 24 hours from completing your application online

How does Spotcap work?

Sign up to get started

Start the loan application process by registering with us and sharing some basic personal and business information.

GET STARTED

Complete your application

It takes just moments to link your accounting software and business bank account to our secure systems, and finalise your application.

HOW TO APPLY

Complete your application

It takes just moments to link your accounting software and business bank account to our secure systems, and finalise your application.

HOW TO APPLY

Get approved

As soon as you get approval, you can access your line of credit. This means you can start drawing down the funds you need to grow your business.

APPLY NOW

How can a loan from Spotcap help my business?

We’re here to help both established and newer businesses access flexible finance. It’s your choice how to put the funds to work. Here are some ideas:

Up to 6 months

Drive more sales with a marketing campaign.

Buy new equipment or inventory.

Enhance your online presence.

Up to 12 months:

Hire new talent into your team.

Upgrade business critical technology.

Open a new store or office.

Do I qualify for a business loan from Spotcap?

Unlike traditional lenders, we focus on how well your business has performed recently. We assess your firm’s financial condition using our unique combination of sophisticated algorithms and specialist underwriters. This means we can make decisions on a forward-looking perspective, backed by robust assessment.

A business registered in Australia.

Annual turnover of at least $200k.

Been trading for at least 18 months.

An online bank account in Australia.

Basic personal and business information.

Profit and Loss statements for at least 24 months.

Balance sheet at the end of your last financial year.

Bank transactions for the last 24 months.

Read more about How to Apply.

Business loan 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.

“Spotcap Australia has issued more than $1 million worth of credit to SMEs in its first 60 days of operation, which has exceeded our expectations and validates to us that there is significant demand for our credit line product from SMEs in Australia.”

“Spotcap will differentiate itself by offering a free line of credit for up to three months. As soon as the company starts drawing on the loan, it becomes a “vanilla amortising” business loan that has to be paid back within six months.”

“Spotcap’s better-than-expected launch has driven the company to more than double its maximum loan size to $250,000. The company has also lent to businesses from all states and territories, mostly to those in the retail and services sectors.”