Short-term business loans up to $400k in Australia

Spotcap's loans have helped hundreds of Aussie businesses to keep growing

Unsecured, without collateral

Free non-committal application

Decision within 1 working day

No fees for repaying early

What is different about a Spotcap short-term loan?

Unsecured - no collateral required

Free, non-committal application

Decision in one working day

No penalty for repaying early

Finance growth opportunities

Boost your working capital, cover unexpected expenses, or purchase inventory to keep moving 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 short-term loans are a versatile solution for many business activities.

  • Protect your cash flow

    Give your business financial security by preparing for unforeseen expenses.

  • Refresh your inventory

    A short-term loan can supply the working capital needed to restock your inventory when you’re preparing for a busy new season.

  • Bridge receivables

    Cover periods between funding rounds and keep business running smoothly.

  • 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 short-term loan can fund campaigns dedicated 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 short-term loan

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 Spotcap short-term loan 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 short-term lending

What exactly is a short-term loan?

  • Short-term business loans are designed to be repaid over a relatively small period of time. Their purpose is to meet a company’s immediate financial needs. These may include making seasonal payments, bridging gaps in cash flow or purchasing equipment.
  • In contrast to their long-term counterpart, short-term loans can often be generated more quickly and easily. They may or may not be tied to an asset, with some lenders asking for some sort of collateral as security. Alternatively, lenders might ask for a personal guarantee.
  • Part of the essence of a short-term loan is the relative speed in which it can be processed. As a result, this type of finance is versatile, suiting fast-moving commercial environments.

Why is access to short-term credit important?

  • Many SMEs turn to short-term loans to bridge gaps in funding and keep business up and running, especially during seasonal fluctuations, high-growth periods and temporary downfalls in demand.
  • A short-term loan is a good option for businesses that require fast access to cash to grow and manage expenses. This type of finance is designed to provide you with the working capital that would help meet immediate business needs.
  • For example, to make hires, ease your cash flow, purchase equipment or machinery, or cover emergency costs. Short-term loans can help small businesses manage unforeseen costs or take business opportunities they would otherwise miss.

Small and medium sized businesses and short-term loans: A historical problem

  • As core drivers of innovation and employment, small businesses are central to macroeconomic health. A significant number of SMEs would use short-term finance to grow if it was available to them, but they often struggle to obtain it from traditional lenders. Quick access to finance has long been a problem for Australian small businesses that have survived turbulent economic and market conditions.
  • Application processes have become more rigorous, with increased financial regulation and stricter business performance indicators. Traditional financial methods make it difficult to quickly acquire loans when businesses need them. At the moment, securing funding with traditional financial channels can take as long as two months, and to apply you often need five years of financial documents–not to mention many hours of meetings and signings just to complete the application.
  • Fortunately, the advent of alternative finance has diversified the financial options available to SMEs. Technological innovation has created an opportunity for businesses to pursue their plans in smarter and cheaper ways.

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.