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Banking Support

COVID-19 Unsecured Business Loans

Summary

We are facing a time of uncertainty as we deal with the Coronavirus (COVID-19) outbreak and the devastating impact on businesses. As a small business lender, we are concerned about the speed and distribution of much-needed stimulus loan products through the major banks. That's why we are pleased to let you know that we have access to the COVID-19 SME Guarantee Scheme through our alternate lending platform, and there are several alternate lenders who will be offering the product. Do you qualify for the Coronavirus SME Guarantee Scheme? Our eligible lenders will receive the guarantee for loans that meet the following: Annual turnover of less than $50 million Maximum loan size of $250,000 Maximum loan term of 3 years (with a 6-month repayment holiday) For working capital purposes The loans will be unsecured, meaning as borrowers you will not have to provide any assets as security. We welcome the opportunity to show you what funding you qualify for without hitting your credit file.

We are facing a time of uncertainty as we deal with the Coronavirus (COVID-19) outbreak and the devastating impact on businesses. As a small business lender, we are concerned about the speed and distribution of much-needed stimulus loan products through the major banks.

That's why we are pleased to let you know that we have access to the COVID-19 SME Guarantee Scheme through our alternate lending platform, and there are several alternate lenders who will be offering the product.

Do you qualify for the Coronavirus SME Guarantee Scheme?

Our eligible lenders will receive the guarantee for loans that meet the following:

  • Annual turnover of less than $50 million
  • Maximum loan size of $250,000
  • Maximum loan term of 3 years (with a 6-month repayment holiday)
  • For working capital purposes

The loans will be unsecured, meaning as borrowers you will not have to provide any assets as security.

We welcome the opportunity to show you what funding you qualify for without hitting your credit file.

How to apply for the unsecured business loan?

Step 1
Complete one application to get access to multiple lenders and rates.

Step 2
We do a deep dive into your business to quickly work out how much you can borrow and on what terms.

Step 3
We match you to the lender who will give you the best deal.

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