Stream Working Capital: CommBank’s digital cash flow solution for businesses

Commonwealth Bank has unveiled a new digital invoice financing service called Stream Working Capital, which will let businesses access funds using outstanding invoices as loan security.
Business owners will be able to nominate at least $15,000 in monthly invoices to borrow against, with funds expected to arrive in accounts within 72 hours.
CBA’s executive general manager of business lending, Clare Morgan, said there is a perception of invoice finance as being slow and manual, which is why the bank prefers the moniker ‘digital working capital’ for its new product.
“Stream Working Capital sees us effectively lending against invoices, so businesses are seeing credit limits adjust in real time based on the value of current outstanding invoices,” she said.
“As the solution is digital end-to-end and integrated with cloud based accounting software such as Xero, a lot of customer pain points are removed.”
Research from Commonwealth Bank revealed that 76 per cent of businesses believe their ability to operate efficiently is stifled by uneven cash flow, while three in five business owners feel they are at the mercy of their customers paying on time.
At the same time, many business owners are unlikely to turn to invoice financing to address these problems, with 71 per cent of businesses admitting to being largely unfamiliar with the process.
RELATED: Your ultimate guide to small business invoice finance
Through a partnership with fintech lender Waddle, CBA hopes to address these concerns and deliver a more customer-friendly service that puts cash in businesses' hands faster.
“Having access to consistent cash flow is vital for every Australian business and we wanted to simplify and digitise the process in order to offer greater flexibility and support for those who need it,” said Morgan.
“Using invoices to access credit provides peace of mind for businesses who can now access cash locked up in their invoices, assisting them to pay suppliers or hire employees.”
Stream Working Capital is available to new and existing small business customers for use on business to business (B2B) transactions. CBA is also looking to expand the service to let businesses to secure funds against inventory and stock.
To compare financing solutions, head over to our business loans comparison page, or browse the selection below.
Business loan comparisons on Mozo - rates updated daily
Line of Credit
Unsecured business funding up to $500K. Start the online application process in just 5 minutes, and get access to funds within 24 hours once approved. Great for ABN registered businesses with an annual turnover of $200K+.
Interest Rate
Upfront Fee
Funding speed
On Application2% to 3%Instantly, once approvedLine of Credit
Unsecured business funding up to $500K. Start the online application process in just 5 minutes, and get access to funds within 24 hours once approved. Great for ABN registered businesses with an annual turnover of $200K+.
- Interest Rate
- On Application
- Upfront Fee
- 2% to 3%
- Ongoing Fees
- $0.00
- Late payment fee
- -
- Transaction fee
- -
- Early repayment penalty
- 0
- Other fees
- Various late payment fees may apply.
- Loan type
- Line of Credit
- Security type
- Unsecured
- Minimum loan amount
- $10,000
- Maximum loan amount
- $500,000
- Minimum loan term
- 6 months
- Maximum loan term
- 5 years
- Repayment frequency
- Weekly, Fortnightly, Monthly
- Repayment types
- Principal & Interest
- Minimum trading period
- 18 months
- Minimum annual turnover
- $200,000
- Application speed
- 10 minutes
- Approval speed
- 24-48 hours
- Funding speed
- Instantly, once approved
- Extra repayments allowed
- Yes
- Redraw allowed
- Yes
- Other benefits
- -
- Other restrictions
- -
Short Term Business Loan
Unsecured business loans from $10,000 - $250,000, over 6 to 24 months. Online application takes only 10 minutes and you'll know if you're approved within hours. Apply now.
Interest Rate
Upfront Fee
Funding speed
On Application3.00%from 24 HoursShort Term Business Loan
Unsecured business loans from $10,000 - $250,000, over 6 to 24 months. Online application takes only 10 minutes and you'll know if you're approved within hours. Apply now.
- Interest Rate
- On Application
- Upfront Fee
- 3.00%
- Ongoing Fees
- $0.00
- Late payment fee
- $0.00
- Transaction fee
- $0.00
- Early repayment penalty
- $0.00
- Other fees
- -
- Loan type
- Loan
- Security type
- Unsecured
- Minimum loan amount
- $10,000
- Maximum loan amount
- $250,000
- Minimum loan term
- 6 months
- Maximum loan term
- 2 years
- Repayment frequency
- Daily, Weekly
- Repayment types
- Principal & Interest
- Minimum trading period
- 1 year
- Minimum annual turnover
- $100,000
- Application speed
- 10 Minutes
- Approval speed
- from 24 Hours
- Funding speed
- from 24 Hours
- Extra repayments allowed
- No
- Redraw allowed
- Eligible to apply for renewal after 50% paid down
- Other benefits
- -
- Other restrictions
- Minimum $100k turnover and 1 Year in Business.
Invoice Finance
Get your customer invoices paid early, without waiting up to 90 days for payment. Apply online in 10 minutes and select your local or overseas invoices to fund. Flexible funding with no lock-in contract.
Interest Rate
Upfront Fee
Funding speed
On Application$0.00Same DayInvoice Finance
Get your customer invoices paid early, without waiting up to 90 days for payment. Apply online in 10 minutes and select your local or overseas invoices to fund. Flexible funding with no lock-in contract.
- Interest Rate
- On Application
- Upfront Fee
- $0.00
- Ongoing Fees
- $0.00
- Late payment fee
- $0.00
- Transaction fee
- On Application
- Early repayment penalty
- $0.00
- Other fees
- -
- Loan type
- Line of Credit
- Security type
- Secured
- Minimum loan amount
- $10,000
- Maximum loan amount
- $100,000,000
- Minimum loan term
- 0 years
- Maximum loan term
- 4 months
- Repayment frequency
- -
- Repayment types
- -
- Minimum trading period
- 0 years
- Minimum annual turnover
- $0
- Application speed
- 10 Minutes
- Approval speed
- 24 hours
- Funding speed
- Same Day
- Extra repayments allowed
- yes
- Redraw allowed
- yes
- Other benefits
- No lock in contract, flexible funding drawdowns, international invoices, trade finance
- Other restrictions
- -
Unsecured Business Loan
A straightforward business loan with no hidden Lumi fees or charges. Speedy application and approval process with fast access to funds according to Lumi. No repayments on Lumi Business Loans for the first 6 weeks (T&Cs apply).
Interest Rate
Upfront Fee
Funding speed
from 9%$0.00Within same dayUnsecured Business Loan
A straightforward business loan with no hidden Lumi fees or charges. Speedy application and approval process with fast access to funds according to Lumi. No repayments on Lumi Business Loans for the first 6 weeks (T&Cs apply).
- Interest Rate
- from 9%
- Upfront Fee
- $0.00
- Ongoing Fees
- $0.00
- Late payment fee
- -
- Transaction fee
- $0.00
- Early repayment penalty
- $0.00
- Other fees
- $0.00
- Loan type
- Loan
- Security type
- Unsecured
- Minimum loan amount
- $5,000
- Maximum loan amount
- $300,000
- Minimum loan term
- 3 months
- Maximum loan term
- 3 years
- Repayment frequency
- Weekly
- Repayment types
- Principal & Interest
- Minimum trading period
- 6 months
- Minimum annual turnover
- $50,000
- Application speed
- 10 minutes
- Approval speed
- 2 hours
- Funding speed
- Within same day
- Extra repayments allowed
- yes
- Redraw allowed
- yes
- Other benefits
- -
- Other restrictions
- Loans above $300,000 must be secured by property.
Buy Now Pay Later for Business
With Unlock you don't need the money to hand to buy something your business needs - they pay for it so you can get on with the job, then you pay them back later. With UnLock Mastercard®, you can buy supplies or pay expenses now, and pay later. No merchant fees, a quick tap, and approvals in a matter of seconds.
Interest Rate
Upfront Fee
Funding speed
0%0.012 hoursBuy Now Pay Later for Business
With Unlock you don't need the money to hand to buy something your business needs - they pay for it so you can get on with the job, then you pay them back later. With UnLock Mastercard®, you can buy supplies or pay expenses now, and pay later. No merchant fees, a quick tap, and approvals in a matter of seconds.
- Interest Rate
- 0%
- Upfront Fee
- 0.0
- Ongoing Fees
- 0.0
- Late payment fee
- -
- Transaction fee
- UnLock Mastercard® fee: maximum fee of 2.75% per transaction.
- Early repayment penalty
- 0.0
- Other fees
- 26% per annum late payment fee on all amounts owing under your UnLock account.
- Loan type
- Line of Credit
- Security type
- Secured
- Minimum loan amount
- -
- Maximum loan amount
- -
- Minimum loan term
- -
- Maximum loan term
- -
- Repayment frequency
- Monthly
- Repayment types
- n/a
- Minimum trading period
- 1 year
- Minimum annual turnover
- Varies
- Application speed
- 2-5 minutes
- Approval speed
- 1-3 minutes
- Funding speed
- 12 hours
- Extra repayments allowed
- yes
- Redraw allowed
- yes
- Other benefits
- Use your UnLock Mastercard® to pay business invoices and make business-related purchases online and in-store.
- Other restrictions
- If the UnLock facility is granted under the Government SME Recovery Loan Scheme Rules, T&C will apply.
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