Compare $10,000 Business Loans
On the hunt to find the perfect $10,000 business loan? We can help! Our business loan comparison tool compares a range of business loans from many types of lenders.
Read moreOn the hunt to find the perfect $10,000 business loan? We can help! Our business loan comparison tool compares a range of business loans from many types of lenders.
Read moreYou’ll be able to apply for a business loan with big banks, smaller credit unions and online lenders. No business loan is the same either, as many lender will have their own assessment criteria and offer their own interest rate.
Let’s face it, there are a number of different business loans out there - Mozo can help you compare a stack of different business financing options all in the one place.
Right here! Once you’ve used our business loan comparison tool, click the blue ‘go to site’ button, this will take you to the provider’s site where you start an application
Page last updated September 18, 2019
Showing 14 results
About Moula
Say goodbye to lengthy applications with online lender Moula. With a speedy 10 minute application process and potential funding within 24 hours, Moula can help you meet your businesses inventory or cash flow needs without the fuss.
from 0.61% per fortnight
$0.00
24 Hours
About GetCapital
Quick and easy to access funds up to $500,000 for any business purpose. Fast approvals save you time so you can get back to what you do best: running your business. For a limited time only: Mozo customers do not pay upfront establishment fees on approved and funded loans.
On Application
$0.00
within 24 hours
About Scottish Pacific
A line of credit allowing you to access up to 95% of the value of your accounts receivable within 24hrs, with remaining 5% available when the invoice is paid. No need to worry about weekly repayments or property security.
from 1.25% per fortnight
$500
24 Hours
Featured Product
About OnDeck
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.
On Application
$0.00
from 24 Hours
About Lumi
A straight forward business loan with no hidden fees or charges. Achieve business goals through having fast, easy access to finance to give your business the boost it needs.
from 16%
$0.00
Within same day
About Prospa
Business loans available from $5K to $300K and funding possible in 24 hours. Whether it’s a renovation, a marketing campaign or cash to tide you over, let Prospa help you keep your business moving – Rates from 9.9% p.a.* and no assets required to access up to $100K.
On application
0.05% to 1%
from 24 hours
About businessloans.com.au
Stop delaying and take your business to the next level with a loan from businessloans.com.au. If a simple online application process, quick approval and funding from $5k-$500k sounds right, then businessloans.com.au might be the right match for you.
On Application
2.00%
within 24 hours
About NAB
Fast, unsecured business lending with a competitive 12.95% p.a. fixed rate. Up to $100K available for businesses and no upfront or ongoing fees. Lending criteria and T&Cs apply. Link your Xero / MYOB / QuickBooks account to apply even faster.
12.95% p.a. fixed
No Upfront Fees
Varies
About Business Fuel
Fast, flexible business loans from $10,000 to $200,000. Great for businesses which have been trading for more than 6 months with a monthly turnover above $10,000.
On Application
$0.00
48 Hours
About Scottish Pacific
Leave property out of the equation with Scottish Pacific’s Invoice Finance solution. Receive up to 85% of your debtors ledger with facilities ranging from $200K to over $100Mil.
from 6.00% p.a.
from $1,500
from 24 hours
About Beyond Merchant Capital
Apply for $5,000 to $500,000 online in minutes. No security required. You’ll enjoy a single transparent fee with no ongoing interest or monthly charges. Stay in control of cash flow with a bespoke variable repayment based on the business’s turnover.
from 1.00% per fortnight
$0.00
from 24 hours
Hot DealNew Financial Year Offer
About Capify
Apply for a business loan with Capify and get funded for loans between $5k - $300k within 24 hours for any business purpose. If you're successfully funded, you will receive an e-gift voucher for up to $500 (T&C's apply. Must quote Mozo Offer on application).
On Application
$0.00
24 hours
About NAB
Apply online for business vehicle and equipment loans up to $150,000 with competitive fixed rates starting from 5.49% p.a. Lending criteria and T&Cs apply.
5.49% p.a. fixed
$500
Varies
About Capify
Capify Merchant Cash Advance is an alternative solution to traditional business loans that enables you to have flexible daily repayments based on your credit card and EFTPOS transactions, ensuring your repayments match your cash flow. Access up to $300k now!
On Application
$0.00
48 hours
Want more? Compare all 53 bank business loans in the Mozo comparison engine.
Search nowReviews, news, tips and guides to help find the best business loan for you.
If you’re in need of a quick cash fix to get your business rolling or back on track, then you might be considering a $10,000 business loan. Taking the time to compare your options is important, as there are a number of things to consider. But don’t worry if it is your first time shopping around on business loans because we’ve answered a few common questions.
Just like applying for a home loan, your lender will asses your eligibility. While most lenders may differ in what they ask for, some common requirements include:
A business loan can be used for many small expenses, like purchasing new computer equipment, help with cashflow or even pay for training courses for your staff. However if your plans are a little larger and require a bigger cash injection, then you might want to consider a $20,000 business loan instead.
Once you start comparing $10,000 business loans, you’ll notice that there are a few different types around. While there is no better loan type, you’ll need to decide which is the right option for your business.
Short term business loans
Short term business loans are usually taken out by business owners who are in need of some quick cash to cover an unexpected bill or expense. Typically, these loans don’t last longer than 2 years and are able to be deposited into your business account within 24 hours if you’re approved.
You might want a short term business loan to pay invoices or give your business a quick cash injection. But just keep in mind, these types of business loans often come with different interest rates than you might be used to. Depending on the lender, you could find that interest is charged on a weekly, fortnightly, monthly or even daily basis.
Equipment finance business loans
If you’re in need of some new equipment or are planning to upgrade existing equipment, an equipment finance business loan could help.
If you’re serious about taking out a $10,000 business loan, then it’s important to make sure you’re choosing the right one for your business. Aside from choosing a great interest rate, you might also want a loan that comes with flexibility. Here are a few things you’ll want to keep an eye out for:
Fees
As a business owner, the last thing you want is to be tied up in fees. When it comes to business loans, some of the most common fees you may come across are:
Repayment frequency
Many lenders may offer the option to make your repayments on a schedule that best suits your business. This could be monthly, fortnightly, weekly and in some instances, daily.
Features
And if you’re committed to paying off the loan as fast as you can, then you might want to look into repayment features, like having the power to make additional repayments to your loan. By making these extra repayments, you could also save on interest. But of course life can be pretty unpredictable, especially as a business owner, which is why you might want a redraw facility. If an unexpected bill falls into your lap, you’ll be able to redraw your additional repayments to cover the cost.
If you or your business has a poor credit history, then you might be considering a bad credit business loan. It’s important to know that Mozo does not compare bad credit loans, as they often come with excessively high interest rates.
In this case, it might be worth using any savings your or the business may have or repairing your credit score first before applying.
Ready to apply for a $10,000 business loan? Then it’s time to start gathering some personal details. While every lender will have their own application process and may ask you to provide different details, some of the most common details you could asked for include:
Mozo’s business loan specialists can help find the right lender for your business.
