Business loans Australia

Business Loans for Australian Small and Medium Businesses

Find a business loan for growth, stock, supplier payments, tax obligations, acquisitions or refinancing. We compare bank and non-bank options and package the application around how lenders actually assess risk.

Request a finance assessment Call (02) 8313 3879

Initial discussion and assessment only. A formal lender enquiry occurs only with your consent.

  • Authorised Credit Representative
  • AFCA member 119860
  • Australia-wide lender access
  • No credit check now
Finance options

Popular business loan types to compare

GPS Finance now groups the same high-intent product categories business owners search for: term loans, overdrafts, lines of credit, low-doc, secured, unsecured, invoice, asset and debt consolidation finance.

Core

Business term loans

Lump-sum funding for defined needs such as growth, fit-out, stock, tax timing or refinancing.

Term loans →
Cash flow

Business overdrafts

Overdraft-style support and alternatives for short-term working capital gaps.

Overdrafts →
Revolving

Business line of credit

Draw, repay and redraw where lender policy allows.

Line of credit →
Low paperwork

Low doc business loans

Options where current financial statements are limited but other evidence is available.

Low doc loans →
No property

Unsecured business loans

Facilities that may not need property security, subject to lender assessment.

Unsecured loans →
Security

Secured business loans

Property, asset or PPSR-supported facilities for larger or longer-term needs.

Secured loans →
Invoices

Invoice finance

Unlock working capital tied up in eligible unpaid B2B invoices.

Invoice finance →
Assets

Equipment and vehicle finance

Finance machinery, tools, vehicles, trucks, vans and productive business assets.

Vehicle finance →
Pressure

Business debt consolidation

Review whether combining or refinancing business debt improves cash flow.

Debt consolidation →
Assessment

What do business lenders look at?

Lenders want a clear answer to one question: how will this facility be repaid under normal and stressed conditions? They review financial statements, business bank transactions, tax position, existing debt, owner experience and the purpose of the funds.

  • Sustainable earnings and cash conversion
  • Recent account conduct, dishonours and overdrawn periods
  • ATO debt and payment plan performance
  • Existing loan repayments and contingent liabilities
  • Industry, customer concentration and contract risk
  • Quality and completeness of the application pack
Structure

Secured or unsecured business loan?

Unsecured finance can be faster and avoids a property mortgage, but it may carry a higher cost, shorter term or lower limit. Secured finance can support larger amounts or longer terms, but involves valuations, legal work and a direct claim over the security.

The better option depends on the return generated by the funding, how quickly it will be repaid and what risk the business owner is prepared to accept.

Search-first guide

How to choose between business loan types

Most searches start with the product name — business loan, business overdraft, line of credit, low doc loan, unsecured business loan or invoice finance. A better lender conversation starts with the problem: what the funds are for, when the cash is needed and how the facility will be repaid.

GPS Finance helps compare the product type before a formal lender enquiry is made.

  • Use a term loan for a one-off funding need
  • Use an overdraft or line of credit for repeated cash-flow gaps
  • Use invoice finance when unpaid B2B invoices are the repayment link
  • Use equipment or vehicle finance when the asset can support the structure
  • Use debt consolidation only where it improves cash flow and risk
How it works

A clear path from enquiry to lender decision

We organise the information, test lender fit and keep the process moving.

1

Explain the funding need

Tell us what the money is for, the amount required, timing, turnover and any existing facilities.

2

Test lender fit

We check cash flow, bank conduct, security and documents before choosing a sensible lender option.

3

Package the application

We present the purpose, numbers and risks clearly so the lender can assess the deal without avoidable gaps.

4

Compare and decide

We explain the structure, total cost, conditions and trade-offs before you decide whether to proceed.

Frequently asked questions

Questions business owners ask before applying

There is no single industry-wide minimum. Some lenders focus on smaller businesses using bank transaction data, while others require full financial statements and a longer trading history. Eligibility depends on the lender and product.

Possibly. First identify why the bank declined the application. A different lender may assess the business differently, but a broker should not simply submit the same weak application to multiple lenders.

Simple, well-documented applications can receive a decision quickly. Larger or more complex applications take longer because of financial analysis, valuations, legal review and conditions. No timing is guaranteed.

Some lenders consider refinancing or funding an ATO liability, subject to the business being viable and the new facility improving the position. It should be assessed alongside cash flow forecasts and the cause of the tax debt.

Common types include business term loans, unsecured business loans, secured business loans, business overdrafts, lines of credit, invoice finance, equipment finance, vehicle finance, merchant cash advances and trade finance.

They are similar because both can support short-term cash-flow gaps, but their account structure, fees, review process and drawdown rules can differ.

Yes. A broker can help review the need, documents and lender fit before a formal lender application is placed.

Sometimes. Lenders will assess the cause of the debt, current conduct, ATO position, cash flow and whether the refinance improves the business position.

Keep researching
Solution

Business line of credit

A revolving facility for short-term cash flow needs.

Read more →Problem guide

What to do after a bank decline

Understand the reason, repair the application and consider alternatives.

Read more →Application guide

Prepare a lender-ready document pack

Reduce delays by supplying the right evidence first time.

Read more →FAQ hub

Business finance FAQs

Plain-English answers to common loan, overdraft, invoice, ATO and lender questions.

Read more →Cash flow

Business overdrafts

Compare overdraft-style finance and alternatives.

Read more →Low doc

Low doc business loans

Loan options when traditional financial statements are limited.

Read more →
Talk through the options

Find the finance structure that fits the job

Tell us what you are funding, the amount required and the timing. We will explain the realistic options before you choose whether to proceed.

Request a finance assessmentCall (02) 8313 3879
Get Finance Options