Unsecured Business Loans

How Our Business Loans Work

At Business Loans Now we offer unsecured business loans from $5,000 to $5,000,000.

You do not need to provide property or other security to have your business loan approved. Our lending criteria is based on the trading strength of your business.

The rate you are given on your loan includes all fees and charges and the total cost of your loan is disclosed up front. There are no hidden or surprise costs to worry about, what you see is what you get.

Unlike the banks we don't make you jump through hoops to get your loan approved.

We offer a simple and straight forward application process with fast approval and fast settlement of your loan. You can have the funds you need within 24 - 48 hours.

We also offer flexible repayment terms to suit your business cash flow.

Features of a Business Loans Now Unsecured Business Loan include:

  • Loan amounts from $5,000 to $5,000,000

  • Fast approval & fast settlement

  • No property or other security needed

  • Minimal paperwork required

  • Total transparency in the whole loan process

  • Top up and redraw facilities available

  • Flexible repayment terms

Benefits of a BLN Unsecured Business Loan over other SME lending options:

Your Business Loan can be used for a wide range of business purposes:

Qualifying Criteria for a Business loan:

  • Trading for at least 4 months

  • Turnover of at least $12,000 per month

  • An active ABN/ACN

Business Loan Interest Rates:

The interest charged is determined by a factor rate, which is a fixed fee that is applied over the term of the business loan. The factor rate applied to your loan takes into account your business's creditworthiness, the duration of the loan and the intended use of the funds and therefore varies from one business to the next. As you build a relationship with the lender, demonstrating your ability to reliably and punctually pay off your loan, the factor rate will likely decrease.

Repayment Terms:

We provide flexible repayment options including daily and weekly repayment options that are tailored to your business structure and trading history. If you decide to pay the loan out early you can be offered a discount, and you will not be subject to additional charges.

Examples of BLN Business Loans: