Working capital loans up to $500k 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 $500k

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
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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 them deposited to your account

How does our finance work?

Below is an example of 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.

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.

Useful Information

  • What is a working capital loan?

    A working capital loan is a short-term loan used to cover everyday operational expenses. It’s useful for businesses that experience strong seasonality cycles, where certain periods bring most of the year’s sales and others are slower.

    Both slow and busy seasons have financial needs of their own. When a slow season settles in, businesses need financing to fulfil ongoing obligations and bridge receivables. When business is booming, companies need finance to pay for inventory orders, wages and other operational costs. A working capital loan could suit both situations.
  • What can I use a working capital loan for?

    This type of loan is best suited for short-term needs, such as accounts payable, payroll or an inventory top-up.

    Working capital loans can also help with outstanding customer invoices — many businesses need to invest vital cash flow into a customer order and wait several months until payment hits their bank account. Instead of depleting their reserves, companies can take out a loan to tide them over.

    To make the most of your options, we recommend reaching out a certified financial advisor, who can take into account your individual circumstances.
  • What are the benefits of a working capital loan?

    Because they’re a short-term solution, working capital loans are faster and easier to arrange compared to a traditional bank loan. This is vital when a business needs quick access to cash.

    Working capital loans can also be unsecured, meaning you don’t need to put down high-value assets to be approved. This is the approach we take at Spotcap.
  • Can I contact someone with more questions?

    Our team is happy to help! Reach out to us at 1800 10 70 10, or request a callback or email here.