Timelio Business Loans

Timelio logo

Since launching in 2015, Timelio has been committed to shaking up the traditional business funding model. Focused on fast, flexible lending, Timelio has provided hundreds of big and small enterprises with innovative financing solutions to help them grow to the next level.

Timelio business loans - what you need to know

Looking for a business loan to boost your cashflow? Timelio might just have the solution for you, with funding options that range from invoice finance to supply chain finance. 

If you’re interested in finding out more, check out the table below for a snapshot of key features, fees, rates and processes that come with a Timelio invoice finance:

FAQs about Timelio

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How are interest rates determined? 

Given that no two businesses are the same, Timelio offers personalised rates based on your specific situation. Rates are determined by a range of factors including the size or credit risk of your customer, your trading history with your customer and your financial position. 

What fees are there?

The good news is there are no application fees or ongoing service fees to worry about with Timelio’s invoice finance. However, you will need to factor in a couple of other fees: a transaction fee for each invoice funded, plus a discount fee which is calculated daily.

How does the Timelio approval process work? 

Timelio says its online application takes as little as about 10 minutes to complete and you could be approved in just one business day, as long as you’ve provided all the required information. Once approved, simply upload your invoices and you should be able to receive funding within the day. 

What do I need to be eligible for a Timelio business loan? 

Timelio is serious about funding businesses of all sizes, from startups through to established and ASX businesses, which is why it has no minimum turnover or trading period requirements. The only catch is that to qualify for invoice finance, your invoice must be at least $10,000. But Timelio says it’s also happy for businesses to get in touch if they’re looking to bundle smaller invoices (under $10,000) together for the one customer. 

What features should I know about?

Flexible funding

Whether you’re a newly formed business or you’ve been in operation for several years, Timelio offers invoice finance that could cater to your unique needs. The funding you receive depends on the amount of debtor invoices you have on hand, so you could be looking at lines of credit that range from as little as $10,000 all the way up to $100 million. 

Accepts international invoices 

Do you export and have overseas customers? Well, say no more, as Timelio also provides finance for international invoices. It can fund up to 90% of your invoice value. 

Fast applications 

Gone are the days of being slowed down by paperwork and long approval times. With Timelio, you can look forward to a short 10 minute online application, followed by approval in just 24 hours given that you’ve provided all the information Timelio is looking for. Once approved, funding could arrive as early as on the same day. 

No lock-in contract 

Timelio understands that business needs can change from time to time, so it offers the benefit of no lock-in contracts and no exit fees. In other words, you can stop your funding whenever you’d prefer.