Unsecured business loans of up to $250,000

We help small and medium-sized businesses stay competitive as they innovate and grow. Our unsecured 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 unsecured business loan

Businesses are eligible to receive a business loan of up to $250,000

The loan is repaid over 6-12 months, in monthly instalments

You will only ever pay interest on what you use

The online application process can be completed in five minutes

How our unsecured business lending works

The online application process can be completed in as little as five minutes. By just signing up, you have already completed 40% of your application

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

Register online to get your loan application started. Begin now and you could be done in less than five minutes.
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Complete your application

We guide you through the steps needed to give us the accounting and banking information we need, along with the necessary personal and business data.
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Get approval

Once approved, you can access your business loan within one working day. Then you can start drawing down finance as you need it.

Let your business benefit from Spotcap's unsecured lending

It’s your business, so you choose how to use the funds we make available through a business line of credit for a variety of long, and short term activities:

Short term:

  • Manage cash flow

    Protect your business from short-term cash flow challenges. It can help relieve the pressure on your bank balance at times when you need to make unforeseen payments.

  • Refresh your inventory

    Unsecured loan can supply the working capital needed to restock your inventory when you’re preparing for a busy new season or broadening your product range.

  • Growing your team

    A Spotcap business loan makes it easier for you to recruit and grow

Long term:

  • Growing your product range

    An unsecured loan can help extend your product range, by funding purchasing. You could adjust an existing product for a new market, or start selling something entirely new.

  • Growing your business

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

  • Growing your reputation

    Taking out a Spotcap unsecured loan gives you the funds to train your staff in excellent customer service

The cost of a Spotcap unsecured business loan

With our unsecured lending approach, you only ever pay interest on what you draw-down. Find an estimate of your monthly 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.

Don’t take our word for it. Hear what our satisfied customers say about us:

Compare us to traditional lenders

Because we understand the financing needs of small businesses, we stack up against traditional lenders

Bank LoanCredit Card Advance
Fast decision   
Paperless   
Focus on real-time performance   
Transparent costs   
Flexible payback   
apply now Read more about our line of credit

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.
Unsecured business loans for Aussies small and medium sized enterprises

Why does Spotcap offer unsecured business loans?

Unsecured business loans offer considerable benefits to both established and growing businesses. Traditional lenders also consider them to be more risky. We’re comfortable with offering this convenient form of finance without asking for security.

We offer unsecured loans because we’re confident in our team of expert underwriters and unique approach to risk assessment and credit scoring. When you apply, your financial data is analysed by our sophisticated algorithm, supported by finance experts.

Our analysis identifies the level of risk associated with lending to your business. This allows us to offer unsecured business loans to firms across a variety of industries, for a mix of different purposes.

Secured Vs unsecured loans

Traditionally, finance comes in two main forms - secured or unsecured. The difference? Secured lending is tied to assets and unsecured lending is not.

Traditional lenders often ask for your home or other assets as security before issuing finance. 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.

An unsecured business loan allows you to borrow without being asked to commit any collateral. Many business loans are directly linked to, or secured on, specific commercial or personal assets.

Because they’re not tied to an asset, unsecured loans can be set up quickly, with less paperwork. This makes them more versatile in a fast-moving commercial environment.

Unsecured business lending in Australia of up to $250k

Secured Vs unsecured loans

Traditionally, finance comes in two main forms - secured or unsecured. The difference? Secured lending is tied to assets and unsecured lending is not.

Traditional lenders often ask for your home or other assets as security before issuing finance. 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.

An unsecured business loan allows you to borrow without being asked to commit any collateral. Many business loans are directly linked to, or secured on, specific commercial or personal assets.

Because they’re not tied to an asset, unsecured loans can be set up quickly, with less paperwork. This makes them more versatile in a fast-moving commercial environment.

Unsecured lending for businesses from $10k to $250k

Spotcap's unsecured lending

Unsecured business loans offer considerable benefits to both established and growing businesses. If you are a limited company, sole trader or commercial business you may be able to access an unsecured loan without a guarantor.

We offer unsecured loans because we’re confident in our team of expert underwriters and unique approach to risk assessment and credit scoring. When you apply, your financial data is analysed by our sophisticated algorithm, supported by finance experts.

Our analysis identifies the level of risk associated with lending to your business. This allows us to offer unsecured business loans to firms across a variety of industries, for a mix of different purposes.

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.