Business Loans for IT & Technology Companies
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Finance your tech business growth with loans for equipment, talent acquisition, and working capital. Solutions for startups, SaaS companies, and IT service providers.
Loans from $5K to $1M, over 12 to 60 months, depending on the lender and the security.
What is the monthly payment on a $50,000 business loan for IT & technology companies?
About $1,685 a month over 3 years at 13% p.a., close to the unsecured rates CommBank and NAB published on 10 October 2026, or about $1,567 at 8% p.a. on a secured loan, before fees. Online lenders often price higher, and the business loan repayment calculator runs any rate and term.
IT & Technology business loan repayments over 3 years
| Loan amount | Monthly repayment at | ||
|---|---|---|---|
| 8%p.a. | 13%p.a. | 18%p.a. | |
| $20,000 | $627 | $674 | $723 |
| $50,000 | $1,567 | $1,685 | $1,808 |
| $100,000 | $3,134 | $3,369 | $3,615 |
| $250,000 | $7,834 | $8,423 | $9,038 |
| $500,000 | $15,668 | $16,847 | $18,076 |
| $1,000,000 | $31,336 | $33,694 | $36,152 |
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. The rate follows the security and the lender more than the industry. Use the business loan repayment calculator.
- Loan amounts from $5K to $1M
- Terms from 12 to 60 months
- Secured and unsecured options, matched to the security you have
- A licensed broker who compares lenders for IT & technology companies
- No obligation to proceed with any offer
Common financing needs: IT & Technology
The things businesses in this sector most often finance:
IT & Technology business loan features
How businesses in this sector use finance
Scale Quickly
Access the capital you need to hire developers, invest in marketing, and scale your technology business before the market window closes.
No Physical Assets Needed
Unsecured business loans are available for tech companies without traditional physical assets. Revenue and recurring income are key assessment criteria.
Fund Innovation
Invest in R&D, new product development, and technology upgrades to stay competitive and expand your product offering.
Flexible Structures
Revenue-based repayment options and flexible terms that accommodate the growth trajectory of technology businesses.
What lenders publish for IT & technology companies
The entry criteria lenders publish apply across industries, as each lender showed them on 10 October 2026. Meeting a floor is where assessment starts, not an approval.
| Lender | Minimum trading | Turnover floor | Security and size |
|---|---|---|---|
| Bizcap | 4 months | $12,000 a month | Unsecured or secured; $5,000 to $7.5M |
| Prospa | 6 months (2 years for its line of credit) | $6,000 a month | Property or asset ownership needed above $150,000 |
| Lumi | 6 months | $50,000 a year | Unsecured options; line of credit up to $1M |
| ANZ GoBiz | 6 months of reconciled accounting data | GST registered if turnover is $75,000 or more | No asset security to $200,000; a general security agreement from $200,000 to $500,000 |
| Moula | 12 months | $10,000 a month; GST registered | Unsecured; $10,000 to $500,000 |
| OnDeck | 12 months | $100,000 a year | Unsecured; $10,000 to $300,000 |
| NAB QuickBiz | More than 12 months under the current ABN | $75,000 a year; GST registered | No security; $5,000 to $250,000 at 12.95% p.a. fixed |
| CommBank BetterBusiness Loan | Not published | Not published | Residential, rural or commercial property, from 7.54% p.a.; unsecured to $250,000 from 13.09% p.a. |
| Westpac Business Loan | Two years operating and profitable for its 100% LVR option | Not published | Up to 100% LVR to $3m for owner-occupied non-specialised premises or expansion; from 8.16% p.a. |
Criteria change without notice; confirm with the lender. Published decision times are in which lender suits which business.
Lending challenges for this sector
Lenders that specialise in the sector can work with situations like these, which is where a broker's knowledge of each lender's appetite matters:
How to get a business loan for IT & technology companies
Tell us your needs
Share what the finance is for, how much you need and how long you have been trading.
A broker compares lenders
A licensed business finance broker compares lenders on their panel for IT & technology companies.
Compare your options
Review the offers and choose the one that fits.
Settlement
The lender settles the loan and releases the funds.
Related finance options
Business loans for other industries, and the main business finance products.
IT & Technology business loan FAQs
Can IT companies get unsecured business loans?
What is revenue-based financing?
Can I get a loan to fund software development?
How do lenders assess technology businesses?
Can startups in tech get business loans?
WARNING: This comparison rate is true only for the examples 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 and a loan of $30,000 over 5 years for car and personal loans, unless the lender states another basis. Business loans and equipment finance for a business purpose have no mandatory comparison rate.
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