Short-Term Business Loans

Rates from 0.75%/month

Short-term loans are loans that are provided for a period of less than 12 months. They are becoming more popular with owners of small businesses – offering a number of benefits in different circumstances, particularly when you need extra cash quickly. A short-term loan could allow you to take advantage of a business opportunity that was unplanned, manage your cashflow and give you the cash you need to deal with an unexpected situation.

Short-term loans can be unsecured or backed by property, equipment or another form of collateral. Due to their short-term nature, they are often quoted with a monthly rather than annual interest rate.


  • Fast access to money
  • Bad credit is accepted
  • Suitable for a wide range of purposes


  • Higher rates than longer-term loans
Prefer to talk to a loan expert?
1300 898 765
Unsure how much you can borrow?
Try our business loan calculators

Unsecured Loan Calculator

  • Borrow without risking property / assets

  • Loan terms of 3-12 months

  • Security needed for longer borrowing

  • No personal guarantees required

How much do you need?

Over how many months?

Based on your answers,

Your estimated weekly repayments are: $1,498 / week

Apply now

Prefer to talk to a business loans expert?
Call us on 1300 898 765

  • Borrow with the certainty of fixed repayments

  • Loan terms of 1 to 20 years

  • Monthly repayments

  • Secured & unsecured options available

How much do you want to borrow?

Interest Rate

Over How many years?

Based on your answers,

Monthly Repayments $9,666

Total Repayments $579,960

Interest Costs $79,960

Apply now

Prefer to talk to a business loans expert?
Call us on 1300 898 765

  • No deposit options available

  • Rates from 4.09%

  • Loans from 1 - 10 years

  • Low Doc options available for business owners

What is your vehicle/equipment cost?

Interest Rate

Over how many years?

Based on your answers,

Monthly Repayments: $1,473

Total Repayments: $88,399

Interest Costs: $8,399

Apply now

Prefer to talk to a business loans expert?
Call us on 1300 898 765

Invoice Finance Calculator

  • Loans against your outstanding invoices

  • Undisclosed options available

  • Rates from 0.5% per month

  • Same-day approvals

Outstanding Receivables

Advance Rate

Based on your answers,

Receive up front: $480,000

90 days interest costs:

Minimum $14,400

Maximum $21,600

Apply now

Prefer to talk to a business loans expert?
Call us on 1300 898 765

How do Short-Term Business Loans work?

Short-term business loans are loans provided for a period of less than 12 months, and usually at a higher rate than longer-term loans.

They are more suitable for some business owners than others.

Because of the short repayment period, lenders aren’t as worried about borrowers defaulting. So if your credit isn’t great, this is a good option for you. However, lenders do need to have some proof of your ability to pay back the loan. Most lenders will be satisfied to simply use three to six months of bank statements to prove your ability to repay. If you are a start-up company without any trading history, this type of loan would be difficult to obtain.

Businesses that have a high-volume of low value sales, such as retailers and those in the hospitality industry are often able to be approved for short term loans. Another type of business owner that typically use short-term loans are those with seasonal sales, short term loans can allow these seasonal businesses to smooth out their cashflow to cover expenses in slow periods. So, whether running a fruit stand, a farm or a ski slope, if you can foresee needing cash just before your season starts, a short-term business loan would be appropriate (as you’ll be able to service the loan once the season starts when your income starts flowing in).

As always, the best way to find out if a short-term business loan is for you is to have a chat with one of our loan experts. Call us on 1300 898 765 or drop us an enquiry by e-mail.

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