Finance of up to $250,000 for retail businesses in Australia

Put a loan from us to work in your retail operation. We provide the funding you need for your retail business to succeed

Unsecured business loans and lending in AU of up to $250k

Apply online

Don’t waste time with unnecessary forms and meetings.

For any purpose

Flexible, controllable funding, tailored to your specific needs.

Maximise ROI

Competitive rates and charges, with no hidden costs.

Peace of mind

Your application is processed promptly, rigorously and securely.

Retail finance can boost your business in Australia

There are plenty of challenges facing today’s retail businesses. Whether you sell online, in a brick and mortar store, or through a mix of channels, customer expectations don’t stand still. Success means keeping an eye on both their needs and the bottom line at all times.

Keeping up with changing trends means ongoing investment in point of sale technology, premises and stock. To secure the working capital needed for investment can mean taking a business loan or some other form of business finance.

It can be hard for retailers to get the funding they need. Banks and other lenders can be wary of making loans to firms in this very competitive sector. Because of our unique approach, retailers can find a Spotcap loan more accessible.

Retail finance can boost your business in Australia

There are plenty of challenges facing today’s retail businesses. Whether you sell online, in a brick and mortar store, or through a mix of channels, customer expectations don’t stand still. Success means keeping an eye on both their needs and the bottom line at all times.

Keeping up with changing trends means ongoing investment in point of sale technology, premises and stock. To secure the working capital needed for investment can mean taking a business loan or some other form of business finance.

It can be hard for retailers to get the funding they need. Banks and other lenders can be wary of making loans to firms in this very competitive sector. Because of our unique approach, retailers can find a Spotcap loan more accessible.

How would a Spotcap loan work for my retail business?

When you’re looking for working capital there are plenty of options: merchant cash advances, a traditional business loan or an overdraft facility. It’s important to understand the features of each finance type, because you want one that suits your needs.

What you get with a Spotcap loan is flexibility, convenience and a straightforward approach to loan operation and approval. Unlike other lenders, we use a unique algorithm and expert underwriters to assess your credit risk based on recent performance.

When approved for a loan, you’re given access to a line of credit. From this you draw down funds only when you need them. Each drawdown becomes a loan that’s usually repayable over 6 to 12 months. We keep business loans simple and flexible.

How can my retail business benefit from Spotcap unsecured finance?

  • Purchase the latest products

    Satisfy your customers by getting the newest products to them as quickly as possible. A Spotcap loan lets you invest in inventory that will turn into profits

  • New point of sale technology

    Payment methods, and the systems to process them, are changing fast. Having funds available to keep up makes it easier for your customers to pay using their preferred method

  • An eye-catching marketing campaign

    Customers often decide to buy based on emotional appeal, meaning your marketing needs to engage their feelings. A business loan can supply the funds needed to invest in excellent design and delivery

  • A new or enhanced website

    Online retailing is massive and it’s predicted to keep growing. Taking a loan to enhance your website technology and presentation can pay dividends later when customers buy from you online

  • Unexpected costs

    A Spotcap line of credit gives you access to funds you can draw on at short notice, to cover the unexpected. Our flexible approach means if you don’t borrow from us, there’s nothing to pay

Here’s what you need to know about our business loans for retailers

Loan amount

We help businesses by lending amounts of between $5k and $250k

Loan terms

A loan from us begins as a line of credit. You withdraw funds when, and only when, you need them. These drawdowns become loans, usually repayable over 6 to 12 months

Criteria to qualify

Our basic eligibility requirements are: your business must have turnover of at least $200k, be registered in Australia with an Australian online bank account, and have been operating for at least 18 months

Interest rates

Our business loan calculator can help you estimate interest costs and monthly repayments. The rate on your loan will be assessed on market conditions and your recent business performance

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.

How to apply for your retail business loan

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Sign up

We need basic personal and business information to initiate the application process.

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Complete the application

To finish your online application, upload bank statements and financial reports. Or you could link your accounting software

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Get approval

Once approved for a business loan, it will take only one working day to get access to the funds