Working capital loans up to $400k in Australia

Give your company the boost it needs to grow. Learn more about finance from Spotcap.

Unsecured, without collateral

Free non-committal application

Decision within 1 working day

No fees for repaying early

What's different about finance from Spotcap?

Unsecured — no collateral required

Free, non-committal application

Decision in one working day

No penalty for repaying early

Finance that helps you move forward

Whatever the next step for your business is, a Spotcap working capital loan can help you take it.

Unsecured finance solutions up to $400k

Repayment schedules up to 24 months

Only pay interest on what you use

Paperless online application

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 working capital loans can help you take care of any scenario.

  • Manage your cash flow

    High or low customer demand — both require extra finance. A working capital loan eases the pressure and gets you to where you’re going.

  • Refresh your inventory

    Busy season on its way? Broadening your product range? Whichever plan you put in place, secure its success with a solid budget.

  • Bridge receivables

    Shield your business from outstanding customer invoices. With extra finance, you can pursue new contracts before payments start coming in.

  • Cover an unexpected bill

    An unforeseen expense can deal a hard blow to your cash flow reserves. Set up an emergency fund for those unpredictable moments.

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 working capital 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 them deposited to your account

How does our finance 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.

Working capital loans for Australian businesses

What is working capital?

  • Working capital is the cash available to cover the day-to-day expenses of running a business, including paying staff, replenishing stock, and covering overheads. It is often considered a measure of business efficiency and the short-term financial health of a business.
  • Simply put, working capital is a business’s current assets minus their current liabilities. These amounts are obtained from your company’s balance sheet. For example, if your balance sheet reports current assets of $760,000 and current liabilities of $230,000, then your company’s working capital is $530,000.

What can I use a working capital loan for?

  • SMEs affected by seasonal fluctuations rely on working capital loans as they help cover periods of slower business activity. This type of funding is typically short-term and repaid once a business hits its busy season or receives outstanding payments, therefore no longer needing the money.
  • Although a typical working capital loan is not suited to buying longer-term assets such as machinery, it is the simplest way to ensure your business has adequate working capital to run smoothly and prevent hurdles in the future. Spotcap’s line-of-credit model allows businesses to draw down funds as they need them, without incurring any additional costs or fees.

What are the different types of working capital loans?

  • There are different kinds of working capital loans available. Smaller businesses might use their credit card or bank overdraft. Other – usually larger – companies use invoice finance. This allows them to borrow against payments due from customers. A merchant cash advance is yet another option – a regular small loan which is repaid by cash from future sales. And some businesses even borrow money in the form of a personal loan.
  • Is there more? Yes. Businesses are increasingly taking advantage of fully unsecured working capital loans. SMEs don’t need to put forward any collateral or a personal guarantee in order to secure the loan. In addition, the financing isn’t tied to any future income or outstanding invoices, which gives the borrower more flexibility. And if a business has already taken out a longer-term asset-based loan, an unsecured loan can be complementary as there is no claim on any assets.

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.