Unsecured Business Loans

In collaboration with Bizcap we are now bringing you unsecured loans!
Access funds for your business now without the need to secure against your assets.
Apply now

Check if you qualify for an
unsecured business loan.

We like to keep things simple, and so is our criteria for an
unsecured business loan.

Use our check list and tick the boxes to ensure you meet
the requirements for an unsecured business loan for your
business today.

What is an unsecured

An unsecured business loan means the business can
obtain funds without having to provide any form of
collateral. Providing collateral when financing means that
you are offering an asset you own in terms of security
when it comes to meeting your repayments. An asset can
include property, vehicles, stock/inventory and more.

It’s a simple 3-step process

Receive a decision in a matter of minutes

Submit your online
application form, here.

We will efficiently assess
your application
Receive your funds

Fast business loans grow your business

  • Receive your funds on the same day as enquiry
  • Invest in your business
  • Watch your business grow
  • Enjoy flexible repayments that are affordable to you
  • Pay off a large expense
  • Flexible loan terms ranging from 3-12 months
  • Open minded lender irrespective of your financial history

Unsecured Business Loans FAQs

Can I pay off my business loan early?

You can pay it off early! You can repay your unsecured business loan early if your financial situation changes. We don’t charge any early repayment fees.

What are the fees associated with an unsecured business loan?

We take a tailored approach to each individual, we apply this when it comes to repayments and the fees associated with the loan. We determine fees based upon the cash flow of the business, payment history, assets and how long the business has been operating. We also take into consideration the purpose of the business loan.

Is there a personal guarantee required?

A personal guarantee may be required from directors of corporate guarantors, certain individuals, or corporate borrowers.

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Check if you qualify for a Simply Funds business loan

Clear your ATO debt with Simply Funds

We’ll assess your application fast and get you an answer (and the funds you need) quickly.
Simply select the amount you're looking to borrow, click on the button below and fill out the
form. Our friendly team will respond to your enquiry as soon as possible.

How much do you want to borrow?

A Bizcap provides both Unsecured and Secured loans to Small Business Owners. When assessing a loan application Bizcap generally doesn't take into consideration if a prospective customer has specific assets to provide as security. However:
(a) if the loan amount is above $30,000 (or any other figure which Bizcap determines from time to time), Bizcap will, under the loan agreement take a charge. For a corporate borrower and any corporate guarantor, the charge is over all of that entity's present and after-acquired property (that is. the security is not over specific assets but any and all assets which the entity may have). For a sole trader borrower and any individual guarantor, the charge is over its current and future real property; and
(b) in certain instances, for example, where the loan relative to the cash flow of the borrower is of a size that warrants the provision of security over specific assets. Bizcap may require specific security to be granted over those assets. Bizcop may register its security interest(s) under relevant legislation, including the Personal Properties Securities Register and the register held under the Real Property Act 1900 (NSW) or Its equivalent.
I n addition. Bizcap may take personal guarantees from directors of corporate borrowers, directors of corporate guarantors and certain individuals. No registrations are made in respect of guarantees.