Cash.com.au is an online business loan broker whose focus is to make sure business owners secure the best business loan deal based on their needs. The company was founded in 2019 once they identified a gap in the funding market for small to medium sized businesses.
While cash.com.au aren’t your ordinary lender, they’re still committed to making sure you get the right business loan that best suits your circumstance. But before you head off to apply, we’ve rounded up some of their features, fees as well as any eligibility requirements you’ll need to have.
On Application
Subject to Lender
Subject to Lender
Subject to Lender
Subject to Lender
Subject to Lender
Loan
Unsecured
$10,000
$600,000
3 months
2 years
Weekly, Fortnightly, Monthly
Principal & Interest
6 months
$100,000
10 minutes
From one hour
From 24 hours
yes - Subject to Lender
yes - Subject to Lender
Access to deals from multiple lenders.
Although secured and unsecured business loans are available through cash.com.au, they aren’t actually a lender. Cash.com.au are an online broker who specialise in finding business loans that are tailored to the needs of a business.
Cash.com.au take all the hard work out of finding the right business loan and even make things simple with their three step application process. All you need to do is fill out an application, which they say takes less than 10 minutes, then one of their specialist brokers will hunt down a top notch deal and before you know it, the funds will be deposited into your business account within one day!
Like we said, cash.com.au aren’t actually a lender, so the fees you’ll pay with your business loan depend on the lender you are recommended. Just keep in mind that some of the most common fees you might be expected to pay include upfront or ongoing fees, as well as an exit or late payment fee.
In order to be eligible to submit an application, your business will need to have been trading for at least two years, have a minimum monthly turnover of $10,000 and an Australian Business Number (ABN).
Whether you’re looking to hire new staff or purchase some new stock, cash.com.au can provide you with a suitable funding solution that will help you take your business to the next level.
Cash.com.au have worked with all sorts of finance companies from banks to fintechs, so they know a thing or two about what makes a top business loan deal.
Although cash.com.au can provide secured loan options for longer terms, you’ll find they specialise in sourcing unsecured business loans that’ll save you from the trouble of having to offer up a large asset, like your building, as collateral.
Aside from having a speedy application process, if you’re after quick cash, you’ll be able to have the money deposited into your account within one day, allowing you get the ball rolling to grow your business.