GetCapital is leading non-bank lender headquartered in Sydney and is focused on the financial needs of Australian businesses. It provides a variety of business loans, designed to help Aussies manage their working capital, purchase new inventory and fund big projects.
Thinking of getting a business loan but not sure how much you need exactly? Well GetCapital allows flexible borrowing that might fit your exact needs. Check out the features, fees, rates and processes that are involved with a GetCapital business loan below.
On Application
2.00%
$3.85 weekly direct debit fee
$25.00
3.85
$0.00
Loan
Unsecured
$10,000
$500,000
6 months
1 year
Weekly
Principal & Interest
9 months
$120,000
10 Minutes
within 24 hours
within 24 hours
yes
yes
Minimum 9 months business trading and minimum $120,000 annual turnover or $10,000 per month of sales.
Interest rates are determined by your business’ financial and operational situation, as well as the type, length and amount of the loan.
GetCapital do have a couple of simple and standardised fees to look out for:
GetCapital’s application process is quick and easy. You’ll need to answer a series of questions about your business and its finances. You’ll also need to share some paperwork about your business such as bank statements. Once your application is complete you can be approved in as little as 24 hours.
To qualify for a GetCapital business loan you need:
Whether you’re looking to manage cashflow, purchase assets, expand and grow, GetCapital has a range of products to fit your business needs with businesses able to borrow up to $500,000.
GetCapital offers terms up to 24 months. Businesses will be able to choose between short-term working capital solutions or longer facilities for growth and expansion with lower monthly repayments.
GetCapital understands that time is a premium for business owners, which is why you'll be able to apply in just minutes, get approvals within 24 hours and next-day funding. GetCapital knows
The GetCapital Business Loan features a redraw option after 15 weeks which means businesses can draw down on their principal balance. Businesses will also be able to make extra repayments on their loans.