Shift 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 and finance products, designed for cash flow and everyday business financing, asset purchases, expansion and growth and payments.
Thinking of getting a business loan but not sure how much you need exactly? Well Shift allows flexible borrowing that might fit your needs be it for everyday finance or to expand and grow your business. Check out the features, fees, rates and processes that are involved with a Shift Business Loan below.
11.95% to 19.95%
$3.85 weekly direct debit fee
Principal & Interest
within 24 hours
Varies by Application
No property security or financials required for loan amounts under $150,000.
Minimum 9 months business trading.
Interest rates are determined by your business’ financial and operational situation, as well as the type, length and amount of the loan.
Shift does have a couple of simple and standardised fees to look out for:
Shift’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 Shift business loan you need: