Unsecured Business Loans Australia
Get fast access to the funding you need without the need for property security.
What is an Unsecured Business Loan?
An unsecured business loan is a financing option that allows you to borrow funds without security. Instead of relying on assets as security, lenders look at other factors, like your business’s cash flow and capacity to service the loan.
Unsecured business loans can be used for many business purposes, including managing cash flow, funding growth initiatives, or covering unexpected expenses.
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Get Unsecured Lending with Dark Horse Financial
Here’s why Australian businesses trust us when it comes to unsecured small business loans:
Tailored Lending Solutions
We know every business has its own unique needs. We tailor loan solutions to suit your industry, goals, and financial situation.
Fast Approval Process
With our expertise, we can streamline the application process and find fast approvals so you can access funds in as little as 24–48 hours.
Flexible Loan Amounts
You can get anywhere between a few thousand to millions of dollars in unsecured funding to meet your business needs.
Favourable Rates and Terms
We’ll help you secure the best interest rates and most favourable terms for your unsecured business loan.
Ongoing Support
With our client-for-life approach, we’ll stay with you as your business needs and goals evolve.
Unsecured Business Loans Interest Rates
Unsecured business loans rates can vary depending on factors such as your business’s financial history and credit score as well as the loan amount and repayment term. At Dark Horse Financial, we compare across our network of lenders, ensuring you get competitive rates that suit your needs.
Can You Get Unsecured Business Loans with Bad Credit?
We understand that many businesses face challenges, including having a less-than-perfect credit history. Getting bad credit unsecured business loans is definitely possible with us. We connect with a wide range of lenders who look beyond your credit score without requiring security.
How It Works: Simple Steps to Secure Your Loan
- Apply Online: Fill out our quick and easy online application form.
- Provide Key Details: Share basic financial information about your business.
- Wait for Our Response: We’ll get back to you quickly with a loan solution tailored to your needs.
- Fast Approval: The lender receives your application, and you’ll receive a decision in as fast as 24-48 hours.
- Receive Funds: Get the funding you need to drive your business forward.
Ready to Take Your Business to the Next Level?
Whether you’re managing cash flow, expanding operations, or investing in new opportunities, our unsecured business loan solutions provide the support you need to succeed.
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Watch: Secured vs. Unsecured Business Loans: Which is Right for Your Business?
Unsecured Business Loans FAQs
The main difference is that secured business loans require security, such as property or equipment, whereas unsecured business loans do not. This means unsecured loans can be perceived as having more risk for lenders, often resulting in higher interest rates than secured loans, but they offer greater speed and flexibility for borrowers.
Requirements vary depending on the lender. Banks will typically require a full financial document assessment but most non-bank lenders assess their loans via a read only view of a business’s bank account. For applications above $300,000 most non-bank lenders will require a full financial document assessment along with ATO ICA and ITA portal printouts.
Unsecured business loans can be used for various purposes, including working capital, paying out tax debt, debt consolidation, payroll, managing cash flow, expanding operations, or covering unexpected expenses.
The amount you can borrow will depend on factors like your business’s revenue, time in business and credit profile. Unsecured loans can go up to $4M. We will help assess your situation to find the right borrowing amount for your needs.
