Working capital finance up to $250k for Australian SMEs

Small businesses can access a working capital loan from Spotcap quickly and easily. We provide the funding you need for your business to grow.

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Paperless, online application process

For any purpose

Flexible repayment schedules with no early exit fees

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Competitive rates and charges, with no hidden costs.

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Working capital finance of up to $250,000

What is a Working Capital Loan?

Working capital is the cash a business has on hand for day-to-day expenses. It’s calculated by deducting current liabilities from assets and is a measure of a company’s efficiencies and financial health.

while a working capital loan is short term funding from a financial provider which allows a business to keep up with day-to-day operational costs even without the working capital to cover expenses.

Working capital loans can take many forms: a bank overdraft, invoice discounting, credit card borrowing, or even a personal loan from a business owner. Working capital borrowing is short-term and is often needed at short notice in order to make a vital payment.

Working capital loans of up to $100k

What is a Working Capital Loan?

Working capital is the cash a business has on hand for day-to-day expenses. It’s calculated by deducting current liabilities from assets and is a measure of a company’s efficiencies and financial health.

while a working capital loan is short term funding from a financial provider which allows a business to keep up with day-to-day operational costs even without the working capital to cover expenses.

Working capital loans can take many forms: a bank overdraft, invoice discounting, credit card borrowing, or even a personal loan from a business owner. Working capital borrowing is short-term and is often needed at short notice in order to make a vital payment.

How can a Spotcap working capital loan help your business?

  • Working capital loans to pay employees

    Even the best laid plans can fall through when you run your own business. It can be common to run out of working capital before paying employees at the end of the month. A working capital loan can help – it’s quick and easy to apply, you’ll have fast access to the funds as you need them and can pay it back in installments, or in a lump sum if you prefer

  • Working capital loans for busy periods

    Oftentimes even good financial management is not enough and businesses need supplementary working capital particularly in the lead up to a busy period. When you’ve got shelves to stock, temporary staff to pay and marketing campaigns to run consider a flexible working capital loan

  • Working capital loans for inventory purchases

    Often earning potential is limited by how much working capital a business has to buy stock or inventory. A working capital loan is a good solution for businesses having difficulty purchasing enough inventory to meet demand

  • Funding a growing team

    A new hire can really boost productivity, but it takes a while before their contribution converts into revenue. By providing the capital to hire and pay them in those early days, a working capital loan can help you grow

Working capital loans of up to $100k in Australia

Is a Working Capital Loan Right For My Business?

Because the cash available in your business can go up and down over a short period of time, a working capital loan needs to be flexible. You don’t want to be incurring borrowing costs unnecessarily, but you do want to be able to depend on a loan when it’s required.

Working capital loans have been designed to finance everyday business expenses such as employee salaries, rent, stock or inventory. They’re also great for seasonal businesses in quiet periods.

Although a typical working capital loan is not suited to buying longer-term assets such as machinery, a business loan from Spotcap offers greater flexibility. It is the simplest way to ensure your business has adequate working capital to run smoothly and can also be used to purchase machinery or long-term assets.

Key Info about Spotcap business working capital finance

How much could your business borrow?

You may be eligible for up to $250,000 to better manage your working capital

How long is the repayment period?

You can pay back the working capital loan over one to 12 month periods

What are the unsecured working capital interest rates?

We offer risk based pricing. To work out the interest on your working capital loan use Spotcap’s unsecured business loan calculator

Who can qualify for a working capital finance?

You must be registered in Australia, have an annual turnover of $200k, have been operational for at least 18 months and have an Australian bank account

Working Capital 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 working capital finance from Spotcap?

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Sign up

Enter your basic personal and business information online, in order to begin the application process

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Complete the application

To make the process simpler, provide us with read-only access to your online bank account and accounting software to complete your application

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Get approval

Having been approved, you’ll usually have access to your business loan within one working day