FundSpot is here to understand and help Australian SMEs get the funding option they need, no matter if you run a busy café, online retail, or any other industry. We believe in forming a partnership with our clients and their business. from commencing the business, to the infant stage, to growth and expansion, we are a part of it.
|Best suitable For
|1 day to 3 days
|1 month - 36 months (including term extension)
We can design a repayment plan that fits your cash flow.
This can be a periodical repayment (e.g. monthly), a lump sum payment or a combination of your choosing.
To ease your commitment and allow maximum flexibility, a loan term extension may be available.
|Indicative Loan Amount
|Asset Eligibility Criteria
Real estate property (mortgaged OK)
|Dedicated Account Manager
*Turnaround time is indicative only and after signed loan contract is received. Fund transfer is subject to fund availability and settlement condition satisfied.
Not sure which loan product and features are best for you? Use our comparison
table. Otherwise, reach out to us. We’re happy to help!
We know being a business owner is 24 hours, 7 days a week type of job. However, we cannot complete the application process without your help. Your prompt responses and availability is the greatest help of all. If you are always overwhelmed during office hour, try to schedule a call appointment with your dedicated account manager. Alternatively, make sure you reply to our emails overnight so we can take action upon your application first thing next morning.
Rest assured that our service is free of charge until you decided that our product is suitable to you. It is our due diligent to yourself to ensure the information we received are accurate, which in turns hope to arrange a highest possible amount for you. To complete this process, verification will need to be done and cost will incur. Unfortunately, interest is a payment to time and it does not cover the cost in processing your application.
You can use our business loans for any business related purpose. Consider the urgency of the matter: working capital, paying wages, purchase of inventory, paying supplies and bills or fixtures. It is best to only apply for a loan amount where there’s a crucial deadline to meet. For other funding needs that has no time limit, spend your resources to investigate into your options. If you got a unique scenario, our listening ears are all yours. Talk to us today.
Our business loan is designed to resolve quick and small hiccups during business operation. Operating a business requires a lot of energy, effort, resources and attention to many different aspect. Business owners do not have time to take care of unimportant but urgent financial hurdle. Our goal is to ensure you are able to focus on what is important, and we hope the business loan process is able to assist you in doing so.
It can’t get any simpler than just ID, car rego (or council rate if you are providing a property) and personal / business bank statements. Your account manager will talk to you along the way, making sure we can present your situation. Speak to our lending specialist today to find out more about your eligibility.
As much as we would love to help all business owners, it is simply not possible that we can achieve that with changing legal and credit restrictions. We would always love to find out your situation first, and explain how to maximise the approval chances. In the case where our products are simply unsuitable, we will try to provide a general guidance and direction based on our experience to help you as much as possible. Unfortunately, due to legal restriction, we will not be able to help those who are under bankruptcy or public debt agreement.
Generally speaking, the stronger your situation, the higher the approval chance and the higher the loan amount. The strength of your application can be determined by but not limited to the number of borrowers, assets available, business performance and credit history. The easiest way to increase approval chance is by simply provide more assets; or alternatively, Joint application with a friend or family member who have faith in your ability to turn the situation around.
Hidden fees are usually referring to fees that you have no idea you have been paying until it is too late. We strongly believe in transparency and despise these kind of practices. There will be cost involved for sure but they will all be clearly disclosed to you before you need to pay them. If you are not comfortable or have any questions, make sure you talk to us before committing or signing any legal documents. We are always here to help.