Small business finance up to $400k in Australia

We provide the funding you need for your next steps. Apply online and access business credit fast

What's different about Spotcap’s financing?

Unsecured — no collateral required

A decision within one working day

Free, non-committal application

No early repayment fees

Achieve the best for your business

Access to finance is an essential part of business success. Spotcap's flexible lending can help you move forward

Up to $400k of finance

Only pay interest on what you use

Straightforward paperless application

Funds available within 24 hours

We’re trusted by thousands of growing businesses

Don’t just take our word for it. Read about aspirational businesses 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

Benefit from Spotcap's unsecured lending

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

Short-term:

  • Manage cash flow

    Give your business financial security by preparing for unforeseen expenses. Flexible access to finance can act as your safety net.

  • Prepare for busy periods

    Confidently make the necessary arrangements in the lead up to busy seasons, without worrying about cash flow problems.

Long-term:

  • Invest in your team

    Grow your business with remarkable new talent or launch more training opportunities for your current employees.

  • Enter new markets

    Reach out to new customers, explore new ideas or run a targeted marketing campaign with the help of a long term unsecured loan.

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 small business finance

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

How to apply for an unsecured business loans
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Tell us about your business

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

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

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

How does our small business finance work?

Below is an example of how an unsecured business loan can work. It illustrates Spotcap’s approach, focused on simplicity and flexibility

1. APPROVAL

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

2. DRAWING DOWN

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

3. COMMITMENT PERIOD

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

4. REPAYMENT

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

5. RESCORING

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

$9,168

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.

Opportunities unlocked through unsecured lending

Why you should consider unsecured finance

  • It can be hard to get a traditional small business loan without having to provide collateral. But with us, you can access between $10k and $400k of business finance without the need to sign guarantees or provide security.
  • This is made possible through our sophisticated algorithm. Our technology facilitates a new and improved way to provide small businesses with financing. It’s completely paperless, doesn’t tie down your assets and takes as little as fifteen minutes.
  • Our financing can be beneficial for businesses experiencing rapid growth, or those with fluctuating cash flow. It’s also designed to support businesses gearing up for a particularly busy period. If you know borrowing money will put you in a position where you’ll be able to pay back the loan within the next 24 months, small business finance is right for you.

Frequently asked questions

Here's further information about finance from Spotcap

Our customer reviews

How to apply for a loan from Spotcap

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Tell us about yourself and your business

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Receive your decision within one working day

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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

$9,168

  • 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.