Business Loan Calculator

You can use a business loan for nearly any purpose that helps your business grow or operate more smoothly — from buying equipment or stock to covering wages, invoices, or fit-outs. If it’s for your business, there’s likely a solution.

It depends on your revenue, credit profile, and the lender. Most business loans range from $5,000 to $500,000+, but low-doc options typically cap at $250K. The stronger your business, the more flexibility you’ll have.

In many cases, within 24–48 hours. Low-doc or unsecured loans can settle same day. If financials or asset security are needed, it might take a little longer.

For low-doc loans, usually just your ABN, driver’s licence, and 6 months of bank statements. For larger or secured loans, lenders may ask for tax returns, BAS, or financials — but we’ll guide you based on your situation.

Rates vary by lender, loan type, and your business profile. Unsecured or low-doc loans usually start from ~9% p.a. simple interest rates, while secured loans can be even lower. Some short-term loans use flat “factor rates” instead of annual interest. If you apply for a short term loan, it is highly recommended you do not apply alone. Please speak to a specialist before signing any contracts.

Secured loans require an asset (like equipment or property) as collateral, which can mean lower rates and higher amounts. Unsecured loans don’t need security — they’re faster but typically cost more.

It’s possible. Some lenders accept startups if you have strong revenue early on or contracts in place. You may need to apply with an upfront security like a property or a vehicle, or start with a smaller low-doc loan first.

Yes — some lenders specialise in helping business owners with imperfect credit. They’ll focus more on your recent bank statements and business health than your credit history.

It’s a business loan that doesn’t need full financials like tax returns. Just your ID, ABN, and recent bank statements. Great for time-poor tradies or seasonal businesses without up-to-date paperwork.

You’ll typically repay weekly, fortnightly or monthly — whatever suits your cash flow. Repayments include principal + interest (or factor rate), and fees. All lenders require payments via direct debit.

It can, but usually only if you miss repayments. With a broker, you can shop around without hurting your score if done correctly — we help you compare lenders without leaving marks on your report. Direct applications almost always impact your credit score, whether you’re approved or not.

Yes — in most cases, the interest and fees on a business loan are tax-deductible if used for business purposes. Always confirm with your accountant to be sure.

It’s an ATO incentive that lets eligible businesses immediately deduct the cost of assets (like equipment or vehicles) up to a certain threshold. This can be useful when financing gear through asset loans. Please speak to your accountant to see if you qualify—as policies around this government benefit often change year on year.

It depends on what you’re trying to do. Short-term cash flow fix? Try unsecured. Buying a machine? Try equipment finance. Not sure? That’s where we help — we’ll recommend the best fit after a quick chat.