Funding Connection

Unsecured Business Loans

Unsecured Business Loans

Our Unsecured Business Loans can help you access a lump sum to cover expenses or explore new opportunities. Unsecured business loans are provided to business owners based on an assessment of cash flow and the borrower’s credit history. This is one of the most popular types of business loans available to small businesses as no collateral or security is required, they can be approved quickly, and funds are made available within just 24hours. Most small businesses use this option for their cash flow or working capital requirements.

  •  Borrowing capacity up to $250,000 (without collateral)
  •  Fast approvals within 24 hours
  •  Terms anywhere from 3 to 24 months
  •  Minimal documentation required

Frequently Asked Questions

1What can I use the money for?
The most common uses for an unsecured business loan are: - Renovating or expanding - Buying equipment - Hiring new staff - Buying stock - Paying for advertising or marketing
2Who offers Unsecured Business Loans?
We have a range of non-bank unsecured business lenders here in Australia and work with them to provide businesses a simple way to compare their terms and rates.
3Is an unsecured business loan right for me?
It’s often a longer process to obtain funding through traditional lending providers and you could end up needing to offer them a significant asset as collateral. At Funding Connection we can connect you with a range of lenders who lend against the current businesses cash flow.
4What is the difference between a Secured Business Loan and an Unsecured Business Loan?
Whilst Secured Business Loans require an asset used as collateral for your loan, an Unsecured Business Loan doesn’t require security. By providing an asset you are rewarded with lower interest rates and longer repayment terms, whereas an Unsecured Business Loan typically have higher rates and shorter terms.

Unsecured Business Loans: Lending Criteria

We take the time to understand the needs of each of our clients because we know lending criteria may change from lender to lender. Our strong relationship with our lenders and our years of industry knowledge are key in helping us find the best solution for your business.
  •  Current ABN or ACN
  •  Minimum monthly turnover of $10,000
  •  Trading for at least 6 months
  •  Have good cashflow

Let's discuss your financing options

If you are looking for financing options to support your business, please give a moment of your time to let us show you how we can make the process of business funding quick, easy and uncomplicated for SMEs all across Australia.

Looking forward to your call.