Compare business loans

Get the funds your small business needs to expand and grow.

Updated 24 Oct 2023   |   Rates updated regularly

Comparing of 13 business loans

Prospa Plus Business Loan

On website

FeaturedApply by 31 December 2022

Prospa Plus Business Loan

Highlights

  • Borrow from $150K up to $500K with a 10-minute application, fast decision, and funding possible in 72 hours.
  • Fixed-term up to 36 months.
  • Option of no repayments for the first 8 weeks. Terms and Conditions apply.
Judo Bank Business Loan

Highlights

  • Borrow up to $10M total relationship borrowings.
  • Either variable or fixed interest rate. The variable interest rate is based on our Judo Market Base Rate.
  • Choose from monthly, quarterly, half-yearly and seasonal to match your cashflow.
Fifo Capital Business Loan

Highlights

  • Loan amounts from $5,000.
  • Terms between three and twelve months.
  • Secured by invoices, stock, equipment or others.
  • A 72-hour turnaround on a completed application.
ANZ Business Loan Fixed Rate (Secured)

ANZ Business Loan Fixed Rate (Secured)

Highlights

  • Fixed-term for either 2 years or 3 years.
  • Borrow between $10,000 and $1,000,000.
  • Choice of repayment frequency to suit your business including monthly, quarterly or annual.
Westpac Secured Business Loan (Variable rate)

Westpac Secured Business Loan (Variable rate)

Highlights

  • Loans from $20,000 up to $1,000,000.
  • No establishment or monthly account keeping fees.
  • Variable-rate starting from 6.66% p.a. depending on the security offered.
Westpac Unsecured Business Loan

Westpac Unsecured Business Loan

Highlights

  • Loans from $5,000 up to $250,000.
  • Repayment frequencies of weekly, fortnightly, or monthly.
  • No establishment or monthly account-keeping fees.
  • Fixed interest rates available for 1 - 5 years.
Heritage Bank Fully Drawn Business Loan

Heritage Bank Fully Drawn Business Loan

Highlights

  • Variable or fixed rates
  • Repayment term matched to the cash flow of the business
  • Preferred minimum amount $20,000, with no maximum
Moula Business Loan

Moula Business Loan

Highlights

  • Borrow from $5,000 up to $250,000 with no asset required.
  • 12 – 24 month loan terms.
  • Credit decisions within 24 hours.
  • No penalty for early repayment.
Lumi Unsecured Business Loan

Lumi Unsecured Business Loan

Highlights

  • Loans from $5,000 - $300,000.
  • Repayment periods of 3 - 36 months.
  • No hidden fees or charges.
  • No collateral needed for loans up to $150k.
ebroker Business Loans

ebroker Business Loans

Highlights

  • Choose from 70+ leading business loan providers.
  • Loans available between $5,000 and $5,000,000.
  • Terms from 1 month up to 30 years.
Max Funding Unsecured Business Loan

Max Funding Unsecured Business Loan

Highlights

  • Apply up to $1,000,000.
  • Receive a pre-approval decision and a personalised repayment plan to fit your budget.
  • Funds can be transferred to you as fast as the same day.
Valiant Finance Business Loan

Valiant Finance Business Loan

Highlights

  • With over 80+ lenders, Valiant is the only business loan marketplace in Australia with options from banks and alternative business loan providers.
  • Your business loan options are tailored to you by comparing your business information against real credit criteria provided by lenders.
  • Talk to their credit specialist and your loan can be funded in 1 business day.
OnDeck Business Loans

OnDeck Business Loans

Highlights

  • Small Business Loans from $10,000 to $250,000.
  • A loan term of 6 months up to 24 months. Flexible payment terms include daily and weekly automatic payment options.
  • Renew your loan and your origination fee will be halved to 1.5%.

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