With small business loans to invest in technology…
What could you do?
Features of a Bizcap Short Term Business Loan
Same day access to funds to cover one-off expenses or invest in your business
- Borrow between $5K to $4M
- Open minded offers (irrespective of existing loans, bad credit, defaults or judgements)
- Funding in as little as 3 hours
- Loan terms between 3 and 12 months
- Flexible repayments and early payout available
Our Simple Application Process
Our online application process takes less than 5 minutes to complete and gives us all the information we need to make an offer.
Our team assess your application quickly, taking into consideration cash flow and general cash management.
If approved, you can have the funds in your account within 3 hours – even if you have existing loan facilities.
We Look at More Than Your Credit Score
You need an active ABN (Australian Business Number).
5 months in business
Your business must be trading for at least 5 months.
Your business needs to be turning over at least $12,000 per month.
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|Loan Use||General Cashflow|
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FAQs About Bizcap Short Term Business Loans
Bizcap business loans offer flexibility and can be used for a wide range of purposes related to your business. business loans are an excellent financing option for businesses that require funds without having to provide collateral. Some of the common uses of Bizcap business loans include:
Expansions, renovations, and unexpected repairs: business loans can provide the necessary funds to expand your business, upgrade your facilities, or cover the cost of unforeseen repairs that might otherwise disrupt your operations.
Purchase stock and equipment: business loans can be used to acquire inventory or invest in new equipment, helping you stay competitive and meet customer demands.
Marketing: business loans can be allocated towards marketing efforts, such as advertising campaigns, digital marketing, or trade shows, to increase brand awareness and attract new customers.
Hire more employees: business loans can be used to finance the hiring of additional staff, enabling your business to take on new projects or expand your services.
Pay expenses: business loans can help you manage operating expenses, such as rent, utilities, and insurance, ensuring that your business runs smoothly without interruptions.
Cash flow: business loans can provide a financial buffer to maintain a healthy cash flow during periods of fluctuating revenue or unexpected expenses.
Bizcap business loans are designed to help businesses thrive and grow by offering a versatile financing solution. By utilising business loans for various purposes, you can ensure your business’s continued success and adapt to changing market conditions or seize new opportunities.
Applying for short term business loans can be a straightforward process. To begin your application for an short term business loan, simply click the ‘Apply’ button in the top right corner and provide the necessary information, which should only take about five minutes. After submitting your initial application for short term business loans, we will match you with one of our Unsecured Loan Specialists.
Our Unsecured Loan Specialists are experts in short term business loans and will work closely with you to gather the required information and documentation needed to process your application. They will also help identify the best short term business loan solution tailored to your specific needs. short term business loans can be a valuable resource for businesses seeking financing without putting up collateral, and our specialists are dedicated to finding the right fit for you.
Alternatively, if you prefer to speak with someone directly about short term business loans, you can call us at 1300 922 223 to discuss your financing needs. Our team is committed to helping you navigate the process of applying for short term business loans and ensuring you receive the funding required to support your business’s growth and success. Don’t hesitate to reach out to us for assistance with your short term business loan application or for more information on how short term business loans can benefit your business.
To qualify for an short term business loan, certain criteria must be met. If you’ve been in business for at least five months, have an active Australian Business Number (ABN), and generate over $12,000 in monthly revenue, you may be eligible for short term business loans. As Australia’s most open-minded lender, we evaluate various aspects of your business to determine your eligibility for short term business loans.
short term business loans are a popular financing option for businesses that do not have collateral to secure a traditional loan. These loans are typically easier to obtain, and the approval process can be quicker than that of secured loans. When assessing your application for short term business loans, we will take a closer look at your financial history, credit score, and business performance.
The more robust your business’s financial performance, the higher your chances of qualifying for short term business loans. Keep in mind that while short term business loans may offer more flexibility and accessibility, they often come with higher interest rates and shorter repayment terms due to the increased risk associated with lending without collateral.
By maintaining a strong credit history, demonstrating consistent revenue growth, and having a well-established business plan, you can improve your chances of qualifying for short term business loans. Remember that lenders like us, who specialise in short term business loans, will take a comprehensive approach to evaluate your business and its potential for success to provide you with the funding you need to grow and thrive.
The approval process for an short term business loan can be surprisingly quick. In as little as three hours, you could receive approval for an short term business loan. Once we have your application, bank statements, and any other supporting information needed for the short term business loan evaluation, our team will assess your file within a couple of hours. If everything is in order, we’ll make you an offer for an short term business loan.
After you’ve agreed to the short term business loan offer, the funds will be transferred into your account promptly. short term business loans are an excellent financing option for businesses that require funds quickly and without the need for collateral. This fast approval process is one of the main advantages of short term business loans.
If you need the funds from an short term business loan even more urgently, just let your Account Manager know, and they’ll fast-track your application. This expedited process will help ensure that your short term business loan is approved and disbursed as quickly as possible, allowing you to address any immediate financial needs your business may have. In summary, short term business loans can be approved and funded within a matter of hours, providing businesses with a quick and efficient financing solution.
Yes, you can definitely repay your business loan early. In fact, we encourage early repayment of business loans if it suits your financial situation. Unlike some lenders, we do not penalize borrowers for early repayment of business loans. This means there are no early repayment fees or other charges associated with paying off your business loan ahead of schedule.
business loans are designed to be flexible and accommodating to the unique needs of businesses. If you know that you only require the capital for a short period – for example, to purchase stock that you’ll sell in two or three weeks – it’s a good idea to let your Unsecured Loan Specialist know. In such cases, we can arrange an early payment discount for you, making the early repayment of your business loan even more advantageous.
By repaying your business loan early, you can potentially save on interest costs and improve your business’s financial standing. The flexibility and convenience offered by business loans, including the option for early repayment without penalties, make them an attractive financing solution for businesses with varying financial needs and goals.
Short term business loans offer a convenient and flexible repayment structure designed to accommodate the needs of businesses. Repayments for short term business loans can be made on a weekly or daily basis, depending on the terms agreed upon with the lender. The frequency of repayments for short term business loans can help businesses manage their cash flow more effectively and ensure timely repayment of the loan.
The repayment process for short term business loans is designed to be simple and hassle-free. Payments are automatically deducted from your business bank account, making it easy for you to stay on top of your short term business loan obligations without the need for manual intervention.
By offering a straightforward repayment process, short term business loans help businesses maintain a healthy financial standing and focus on their core operations. The automatic deductions from your business bank account ensure that the short term business loan is repaid consistently and on time, reducing the risk of late payments or default.
In summary, short term business loans are repaid through automatic deductions from your business bank account on a weekly or daily basis, depending on the terms agreed upon with the lender. This repayment structure for short term business loans is designed to be convenient and easy to manage, helping businesses maintain a healthy cash flow and successfully repay their loans.
At Bizcap, we offer a wide range of business loan amounts to accommodate the diverse financial needs of businesses. Our business loans range from $5,000 to $4,000,000, with loan terms varying from 3 to 12 months. The payment terms for these business loans are either daily or weekly, providing flexibility and convenience for borrowers.
The total amount of your business loan will depend on the specific circumstances of your business. We carefully consider a variety of factors to determine the health and creditworthiness of your business before lending accordingly. Factors such as your business’s cash flow, the length of time you’ve been in operation, your assets, and the purpose of the loan all play a role in determining the appropriate amount for your business loan.
Our goal is to provide tailored business loans that meet the unique financial needs of each business while minimizing risk for both the lender and borrower. By carefully evaluating the factors that contribute to the financial health of your business, we can determine the most suitable business loan amount and terms to support your business’s ongoing growth and success.
In summary, Bizcap offers business loans ranging from $5,000 to $4,000,000, with loan terms varying from 3 to 12 months and payment terms that are either daily or weekly. The total amount of your business loan will depend on the specific circumstances of your business, as we consider a variety of factors to assess the health of your business and lend accordingly.
Absolutely, Bizcap can still help you even if you already have a business loan with another lender. It’s not uncommon for businesses to have multiple business loans from different lending institutions. In fact, many of our clients have business loans with other lenders while seeking additional financing options from Bizcap.
Bizcap offers a variety of business loan products and services that can cater to your specific financial needs. Whether you are looking for additional funds to support your business’s growth, manage cash flow, or address unforeseen expenses, Bizcap can provide a tailored business loan solution that complements your existing financing arrangements.
It’s important to carefully assess your business’s financial situation and capacity to manage multiple business loans before taking on additional debt. However, with responsible borrowing and a clear understanding of your financial obligations, having multiple business loans from different lenders can help support your business’s ongoing success and growth.
In summary, Bizcap can indeed help you with a business loan even if you already have a loan from another lender. By offering a range of business loan products and services, Bizcap can provide the financial support your business needs while taking into consideration your existing debt obligations.
Absolutely, we can help you if you already have a business loan with us and need additional access to funds. It’s not uncommon for businesses to require more financial support as they grow or encounter unexpected expenses. If you’ve had a business loan with us for at least seven weeks, you can reach out to your unsecured loan specialist to discuss your options for obtaining additional business loans.
We understand that businesses may have changing financial needs, and we aim to be as accommodating as possible in providing the necessary support through our business loan offerings. Your unsecured loan specialist will evaluate your current financial situation and the performance of your existing business loan to determine if you are eligible for additional funds.
It’s important to remember that taking on multiple business loans should be done responsibly and with a clear understanding of your financial obligations. By carefully assessing your needs and the capacity to manage additional business loans, you can ensure that your business continues to grow and thrive.
In summary, if you have an existing business loan with us and need more access to funds, we are here to help. Contact your unsecured loan specialist to discuss your options for additional business loans, and we’ll do our very best to support your business’s financial needs.
Interest rates for business loans can vary significantly from client to client, as they are determined by multiple factors that are unique to each business. These rates are often referred to as a Factor Rate, which is a fixed fee applied over the term of the business loan. The Factor Rate for business loans is based on the risk assessment of your loan, and as you build a relationship with us, that Factor Rate will likely decrease.
Your interest rate for a business loan will depend on several factors, including your cash flow, how long you’ve been in business, your assets, and what you intend to use the funds for. These factors help lenders evaluate the risk associated with providing business loans, allowing them to determine an appropriate interest rate that reflects the level of risk.
As you establish a strong repayment history and demonstrate responsible borrowing behaviour, the interest rate for future business loans may decrease. This is because a positive lending relationship can lead to lower perceived risk, resulting in more favourable interest rates for your business loans.
In summary, interest rates for business loans are determined by a variety of factors that are unique to each borrower, such as cash flow, business history, assets, and the purpose of the loan. By considering these factors and assessing the risk associated with each business loan, lenders can establish a Factor Rate that reflects the appropriate interest rate for your specific financial situation. As you build a strong relationship with your lender, the interest rates for your business loans may decrease, providing more favourable financing options for your business’s continued growth and success.
When evaluating your application for a business loan, our primary focus is on your business’s financial health rather than your personal finances. As we are not a personal lender, we typically do not need to check your personal finances when determining your eligibility for business loans. However, if your business transactions are going into your personal account, we may need to review those transactions to gain a better understanding of your business’s financial situation.
For business loans, we mainly require your business bank statements to assess the financial strength and creditworthiness of your business. This helps us determine the risk associated with providing business loans and ensures that we can offer the most suitable financing options for your business’s needs.
In addition to reviewing your business bank statements, we will also check the credit reports of the business and its owner(s) as part of the business loan application process. This is a standard practice when evaluating business loans, as it helps lenders assess the credit history and overall financial responsibility of both the business and its owner(s).
In summary, when applying for business loans, we focus primarily on your business’s financial health rather than your personal finances. We review your business bank statements and the credit reports of the business and its owner(s) to determine the risk associated with providing business loans and to ensure that we can offer the most appropriate financing options for your business’s needs.
At Bizcap, we have designed our short term business loan repayment structure with flexibility in mind to accommodate various business needs. Repayments for short term business loans can be made either weekly or daily, depending on your preference and cash flow situation.
The term of your short term business loan can range from three to 12 months, providing you with a variety of options to choose from when determining the best repayment plan for your small business. This flexible repayment structure allows you to select the terms that best suit your business’s financial situation and cash flow.
In summary, Bizcap’s short term business loan repayments are structured to offer maximum flexibility to borrowers. With the option to make repayments weekly or daily and choose a short term business loan term between three and 12 months, you can tailor your short term business loan repayment plan to fit your specific business needs.
For startup businesses seeking a business loan, it’s important to note that we typically require a minimum of five months’ trading history. This allows us to assess the financial health and viability of your business before providing business loans to support your growth and operations.
However, if you have an existing business and need funding for a new venture, we encourage you to get in touch with us. We understand that each business is unique and may have different financing needs, so we are open to discussing the possibility of providing business loans for your new venture.
By quickly assessing your existing business’s financial health and the potential of your new venture, we can determine whether we can help you with a business loan. Our goal is to offer tailored business loans that meet the specific financial requirements of each business while minimising risk for both the lender and borrower.
In summary, if you are a startup business seeking a business loan, we usually require a minimum of five months’ trading history. However, if you have an existing business and need funding for a new venture, we invite you to contact us so we can quickly assess whether we can provide the business loans you need to support your growth and success.
Bizcap specializes in providing a variety of business loan options to cater to the diverse financial needs of businesses. Our business loan offerings include both Unsecured Business Loans and Secured Business Loans.
Unsecured business loans are loans that don’t require any collateral or assets as security. These business loans are typically based on your business’s cash flow, creditworthiness, and other related factors. The loan amounts for unsecured business loans can range from $5,000 to $4,000,000, depending on the customer’s profile and financial circumstances.
Secured business loans, on the other hand, are loans backed by collateral, such as real estate, equipment, or other valuable assets. By providing collateral, businesses can potentially access larger loan amounts and better interest rates than unsecured business loans. However, the loan amount and terms for secured business loans will also depend on the customer profile and the value of the assets used as collateral.
In conclusion, Bizcap offers a variety of business loan options, including both unsecured and secured business loans, to cater to the diverse needs of businesses. With loan amounts ranging from $5,000 to $4,000,000, we strive to provide customised business loan solutions tailored to each customer’s unique financial situation.