Short term business loans of up to $250,000

We help Australian businesses stay competitive as they innovate and grow. Our short term finance has helped over one thousand firms, from long-established businesses, to bold new companies offering a proven product

Unsecured, without collateral

Free non-committal application

Decision within one working day

No fees for repaying early

Grow your business with Spotcap's short term business loan

Your businesses can borrow up to $250k for any commercial purpose

By signing up, you have already completed 40% of your application

The short term loan is repaid over 6-12 months, in flexible instalments

You will only ever pay interest on what you use

How our short term lending works

The online application process can be completed in as little as five minutes

How-it-works-mobile-steps
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Sign up with us

Enter basic business and general information to apply for a short term small business loan
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Complete your application

Upload financial statements or link your business bank account and accounting software to complete your loan application
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Get approval

Within 24 hours of the application being submitted, you’ll have word on your finance approval. Now all you have to do is start putting the loan to work in your business

Short term business loan repayment calculator

With our short term lending approach, you only ever pay interest on what you draw-down. Find an estimate of your repayments using our 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.

Hear what our satisfied customers say about us:

We’re backed by experience and commitment

Spotcap Australia is led by Lachlan Heussler. He’s supported by a team of professionals dedicated to simplifying the route to finance for small and medium-sized businesses.

Lachlan Heussler

An experienced entrepreneur and innovator with more than 15 years’ experience in financial services with Deutsche Bank, UBS and Citigroup.

Jens Woloszczak

Jens founded Spotcap with the aim of changing the banking landscape and has many years of experience in finance.

Bruce Brenkus

Bruce Brenkus had senior roles at Wells Fargo Bank and Better Finance (SmartBiz), has advised Experian and the Commonwealth Bank of Australia, and is a regular speaker at risk management events.

Get in touch with Spotcap

If you have a question

Our comprehensive FAQs page probably has the answer.

If you prefer the phone

We’re pleased to take your call on 1800 10 70 10. You can contact us from Monday to Friday between 9:00am and 6:00pm.

What is a short term business loan?

A short-term business loan allows you to repay over a relatively short period of time, typically just a few months.

Traditional lenders often ask for your home or other assets as security before issuing this form of finance. Or they might ask you for a personal guarantee. They want some confidence that if the business can’t repay the loan, they have another way to get at least some of their money back.

Where they are not tied to an asset, short-term business loans can be set up quickly, with less paperwork. This makes them more versatile in a fast-moving commercial environment.

Working capital loans of up to $100k in Australia

What is a short term business loan?

A short-term business loan allows you to repay over a relatively short period of time, typically just a few months.

Traditional lenders often ask for your home or other assets as security before issuing this form of finance. Or they might ask you for a personal guarantee. They want some confidence that if the business can’t repay the loan, they have another way to get at least some of their money back.

Where they are not tied to an asset, short-term business loans can be set up quickly, with less paperwork. This makes them more versatile in a fast-moving commercial environment.

Advantages of short term financing

There are many advantages to short-term business loans as they offer considerable benefits to growing businesses, without requiring security. Spotcap specialises in this convenient form of finance.

We offer short-term business loans because we have a unique approach to credit scoring and risk assessment. Upon application, your uploaded data is analysed by our proprietary algorithm, then analysed by finance experts.

Our in-depth analysis identifies the risk level associated with short-term lending to your business. As a result, we can offer unsecured business loans to all types of SME businesses across a variety of industries, for a range of different purposes.

How your business can benefit from a short-term loan from Spotcap

  • Grow your product range

    Extra funds can assist with extending your product range via funding research, development and/or purchasing. It could be used to tweak an existing product for a new or developing market, or produce something entirely new

  • Grow your market share

    Connect with potential new customers through a specialised marketing campaign. A short term business loan can fund new brand promotion, helping secure a bigger, more varied customer base

  • Grow your reputation

    Quality customer service is vitally important in today’s market: people increasingly share their views and experiences of brands and products online. Taking out a Spotcap short term business loan means you can use the funds to train or retrain staff in excellent customer service

  • Grow your team

    Hiring new staff can boost productivity in the medium term, but it can be some time before this is converted into revenue. A Spotcap short term business loan enables your team to grow even easier and faster