Discover the right business loan in Australia. Compare options and get the funding your business actually needs.
Your business does not have to fit a category to be funded. If yours is not listed, it is still worth asking.
Put your best foot forward by preparing strong answers to 9 questions a lender might ask you.
Put your best foot forward by preparing strong answers to 9 questions a lender might ask you.
B2B embedded finance isn’t just a tech upgrade; it’s a strategic lever to boost acquisition, conversion, and retention.
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Term loans for small businesses
Access a lump sum to invest in your business, with fixed repayments that make planning easier.
About
What is a business term loan?
A business term loan gives you a lump sum to repay over a fixed period (typically 3 months to 5 years), often without needing to offer up property or equipment as collateral.
Approval is based mainly on your credit score and financial health, but expect higher interest rates and lower borrowing limits in exchange for that flexibility.
Typical uses
- Renovating your business premises
- Moving to a new location
- Buying inventory
- Hiring and paying employees
- Buying equipment
- Increasing working capital
- Covering marketing costs
- Making tax payments
Eligibility
You may be eligible for a Business term loans if your business:
0 of 3 ready. Tick what you already have.
Specific criteria can vary between lenders and products.
Requesting a quote has no impact on your credit score.
- Stocking up on inventory ahead of a busy season
- Buying equipment that'll keep earning for years
- Hiring staff for work that's already in the pipeline
- Covering day-to-day costs like rent and wages when cash is tight
- Renovating premises without draining this month's cash
- Funding a marketing campaign or push into a new market
You may be eligible for a business term loan if your business:
- Has an active ABN or ACN
- Is registered and operating in Australia
- Has been trading for at least 6-12 months
Specific criteria can vary between lenders and products.
Why it works
The benefits of business term loans
No security required with many lenders
Access funding without needing to secure assets (depending on eligibility).
Clear repayment terms
Enjoy predictable repayments that make it easier to budget and plan your cash flow.
Fast access to funding
Get approved funding as a lump sum and move quickly on opportunities.
Simple application process
Apply with minimal paperwork and fewer back-and-forth requests.
Can be used for a variety of business needs.
From wages to inventory, marketing, and unexpected costs—whatever your business needs.
- Can I comfortably meet the repayments, even if cash flow gets tighter?
- Am I willing to sign a director's guarantee if needed?
- Do I need the funds now, even if that costs more than waiting would?
- Interest rates are usually higher and terms shorter than with secured loans.
- Lenders may ask for a director's guarantee.
- You may be charged setup or ongoing fees.
Business term loans
Key features
- Loan amount
- $5,000 – $500,000
- Term
- 3 months – 3 years
- Speed
- 24 – 48 hours
Getting started
How to apply for a business term loan
Step 1: Get a quote
Tell us what your business needs and get quotes from 95+ bank and non-bank lenders.
Step 2: Get approved
Confirm your quote and we'll manage the application with your lender, so you can focus on running your business.
Step 3: Get funded
Sign your finance documentation and receive funding. It is that simple.
Awarded and sorted
Awards & key milestones
Our milestones are a testament to the amazing people behind Valiant.
Our panel
95+ business lenders
in your back pocket
- All lenders
- Equipment
- Vehicle
- Working capital
- Invoice
- Trade & supply chain
- Commercial property
- Construction
Why Valiant
Just one simple application.
Let us do the heavy lifting, comparing the panel and negotiating. You get all the options side by side and choose the one that’s right for you.
Dedicated specialists by your side.
You get a personal specialist who knows which lenders suit your industry and how to structure a deal so it actually works for you.
Your credit score, protected.
Explore with no credit check. See all your options, compare them properly, and choose with confidence.
30,000+ SMEs we've worked with.
Construction, hospitality, manufacturing, healthcare. Whatever your business needs, we know how to get it funded with the right loan.
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FAQs
How much can I borrow on a business term loan?
You can borrow anywhere from $5,000 to $500,000 with a term loan.
How long does it take for a term loan to be approved?
A business term loan can be approved within 24 hours of your application.
How do I apply for a business term loan?
If you're considering a business term loan, we can help. Fill out our quick form, and our lending experts will then get in contact to confirm your details and find the right funding solution for your needs.
Do I need collateral for a business term loan?
You often don't need collateral to access a business term loan, meaning you don't need to put forward an asset in order to secure it.
What are the requirements for a business term loan?
Every lender has different requirements, and each application form will have its own set of questions. For unsecured loans, you typically need to have a clean credit history and consistent turnover.
Plus, for most business loans, you can expect to provide business registration details, financial, tax and cash flow statements, and balance sheets.
What is a business term loan?
A business term loan allows you to borrow money and repay it over an agreed period, usually with regular repayments. These loans can be either secured or not, depending on the lender and your business profile. In many cases, you won’t need to provide an asset as security, which can make access to funds more straightforward.