Business loans: compare lenders for Australian businesses
Business finance, built around the cashflow
A business loan is money a lender advances for a business purpose, repaid with interest over a set term or drawn as needed from an approved limit. Lenders write them from about $5,000 unsecured to millions against property, as term loans, lines of credit and overdrafts, invoice finance and asset finance. A licensed broker compares the lenders on their panel and matches the structure to how your business earns.
What is the monthly payment on a $50,000 business loan?
About $1,661 a month over 3 years at 12% p.a., before fees; at 8% p.a. it is about $1,567 and at 20% p.a. about $1,858. The table shows other amounts, and the calculator any rate and term.
Monthly repayments on $20,000 to $250,000 over 3 years
| Loan amount | Monthly repayment at | |||
|---|---|---|---|---|
| 8%p.a. | 12%p.a. | 16%p.a. | 20%p.a. | |
| $20,000 | $627 | $664 | $703 | $743 |
| $50,000 | $1,567 | $1,661 | $1,758 | $1,858 |
| $100,000 | $3,134 | $3,321 | $3,516 | $3,716 |
| $150,000 | $4,700 | $4,982 | $5,274 | $5,575 |
| $250,000 | $7,834 | $8,304 | $8,789 | $9,291 |
Scroll the table sideways for more rates
Illustrative monthly principal and interest repayments over 3 years, before fees and charges. Rates are examples, not offers; your rate depends on the lender and your circumstances. Business loans run from a few months to several years; the rate follows the security and the lender. Run your own numbers.
Calculator results are estimates only and do not constitute a quote or offer of finance. Actual repayments will depend on your individual circumstances, credit assessment, and the lender's terms. Fees and charges may apply.
Business loan lenders a broker can compare
The banks, non-banks and specialist lenders in our directory that write business loans, with the product types each offers. Follow a lender's name for its profile.
| Lender | Products | Current rate |
|---|---|---|
| Australia and New Zealand Banking GroupMajor bank | Products:
| Current rate: ANZ rate card (opens in a new tab) |
| Commonwealth Bank of AustraliaMajor bank | Products:
| Current rate: CommBank rate card (opens in a new tab) |
| National Australia BankMajor bank | Products:
| Current rate: NAB rate card (opens in a new tab) |
| Westpac Banking CorporationMajor bank | Products:
| Current rate: Westpac rate card (opens in a new tab) |
| BankSAMajor-bank brand | Products:
| Current rate: BankSA rate card (opens in a new tab) |
| Suncorp BankMajor-bank brand | Products:
| Current rate: Suncorp Bank rate card (opens in a new tab) |
| ING AustraliaTier-2 bank | Products:
| Current rate: ING rate card (opens in a new tab) |
| Macquarie BankTier-2 bank | Products:
| Current rate: Macquarie rate card (opens in a new tab) |
| IMB BankCustomer-owned | Products:
| Current rate: IMB rate card (opens in a new tab) |
| La Trobe FinancialNon-bank | Products:
| Current rate: La Trobe Financial rate card (opens in a new tab) |
| Liberty FinancialNon-bank | Products:
| Current rate: Liberty rate card (opens in a new tab) |
| RedZedNon-bank | Products:
| Current rate: RedZed rate card (opens in a new tab) |
Inclusion is editorial reference, not a recommendation. Rates change often, so we only show a rate we captured from the lender's own page in the last 60 days, with a link to that page; otherwise we link to the lender's rate card where it publishes one. The broker you are matched with compares the lenders on their own panel.
See all 22 business loan lendersBusiness loan types, by what the money does
Working capital plugs a cashflow gap. A term loan funds expansion. A line of credit smooths seasonal swings. Invoice finance unlocks the debtor book. The right structure depends on whether the funding is for growth, smoothing or an asset purchase.
Small business loans
Term loans and lines of credit for SMEs, from $5,000 unsecured to $2 million with security.
- Secured and unsecured
- Sole traders to companies
- Terms from 3 months to 7 years
Unsecured business loans
Funded on revenue and trading history rather than property. The banks publish limits of $50,000 to $500,000.
- No property security
- Director guarantee usual
- Online lenders to $1M
Working capital loans
Short-term funding assessed on your bank statements and repaid from trading, typically over 3 months to 2 years.
- Unsecured options
- Terms from 3 months
- Assessed on bank statements
Business line of credit
An approved limit you draw, repay and draw again, paying interest only on what is outstanding.
- Interest on the drawn balance
- Revolving limit
- Bank overdraft or online facility
Invoice finance
Advances most of the value of unpaid B2B invoices, usually up to 80%, and pays the balance less fees when your customer pays.
- Up to 80% advanced
- Grows with your sales
- Confidential options
Commercial property loans
Finance for premises you occupy or lease out, at 65% to 80% of the value and terms of 1 to 15 years.
- Owner-occupied
- Investment
- SMSF purchases
Startup business loans
Options for new businesses, including the lenders that publish no minimum trading history.
- No trading history options
- Secured and unsecured
- Grants and alternatives
Low doc business loans
Lenders that assess on bank statements and BAS instead of full financials and tax returns.
- Bank statements and BAS
- Sole traders and the self-employed
- Priced above full doc
Fast business loans
Which loan types fund fastest, the decision times lenders publish, and what slows an application down.
- Published decision times
- Documents to have ready
- What speed costs
Business loans by industry
Tradies need working capital tied to invoice cycles. Healthcare practices fund equipment differently to retailers funding inventory. Hospitality operators carry seasonal turn. Each sector has lenders who price the risk properly because they understand the cashflow shape.
Business loans, structured around the cashflow
The most common mistake in SME finance is forcing a structure to fit a lender, instead of finding the lender whose product fits the business.
A broker reads the BAS, the profit and loss and the trading rhythm, then compares a panel of more than 50 Australian business lenders: banks, non-banks, online lenders and asset specialists. The result is a product priced for the cashflow profile, not for whichever bank you walked into first.
Your Finance Guide is free to use. Licensed brokers who meet our criteria pay Your Finance Guide a partnership fee to receive enquiries from this site. The fee is paid by the broker, not by you, and is not added to your loan. Brokers are usually also paid a commission by the lender when a loan settles. Full details are in our Credit Guide.
Speed and price, weighed
Online lenders publish decisions in hours; banks price lower but take longer. A broker weighs both against your deadline.
Banks and non-banks
Major banks, non-bank and specialist business lenders compared from one enquiry.
Secured or unsecured
Unsecured options from $5,000 and secured lending into the millions, matched to the security you have.
Brokers who work business lending
Business lending has its own lenders and rules; the broker you are matched with works this kind of lending.
What lenders usually ask for
- Your ABN or ACN, and photo ID for each director
- Six months of business bank statements, often through a secure bank connection
- Recent BAS, and for larger or bank loans, financial statements and tax returns
- What the money is for, and the amount and term you want
- For a secured loan, details of the property or asset offered
Short on paperwork? See low doc business loans. In a hurry? See fast business loans for the decision times lenders publish.
How much can my business borrow?Common scenarios, and the loan that fits
Illustrative situations showing how the purpose of the money points to the structure.
A builder waiting on progress claims
Wages and materials go out weeks before the claim is paid. Invoice finance or a line of credit bridges the gap and is repaid when the money comes in.
Invoice financeA cafe opening a second site
The fit-out is a one-off cost with a known price, which suits a term loan; the kitchen equipment can be financed against the equipment itself.
Business term loansA new business with no trading history
Most online lenders want four to twelve months of trading. A few publish that they consider new businesses, and property security widens the field.
Startup business loans- NewsBusiness loans at 4.35%: where SME credit is tightening, and what to ask your lender
- NewsThe $20,000 instant asset write-off is now permanent law, and loss carry-back is back. What it means for SMEs.
- BlogSME Business Loans in Australia (2026): The Five Loan Types and Which One Fits Your Business
- BlogEOFY 2026 Business Finance Checklist: Instant Asset Write-Off, Equipment Finance & Tax Timing
WARNING: This comparison rate is true only for the example given and may not include all fees and charges. Different terms, fees, or other loan amounts might result in a different comparison rate. Comparison rates are calculated on a secured loan of $150,000 over 25 years for home loans, a loan of $30,000 over 5 years for car and personal loans, and $50,000 over 5 years for equipment finance, unless the lender states another basis.
All business loan guides
Every guide in this section, in one place.
Business loan FAQs
What is the monthly payment on a $50,000 business loan?
What types of business loans are available?
Can I get a business loan as a new business?
What documents do I need for a business loan?
How quickly can I get approved?
Do I need to provide security?
What are the interest rates on business loans?
What credit score is needed for a $40,000 loan?
What salary do you need for a $50,000 loan?
Can I get a $200,000 loan with a 700 credit score?
Is the $20,000 NSW small business grant currently available?
How do I apply for the $10,000 small business grant in South Australia?
Ready to fund your business?
Answer a few quick questions and a licensed business finance broker compares the lenders on their panel for your amount, purpose and security. Free to use, no obligation.