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IT & Technology

Business Loans for IT & Technology Companies

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.

IT & Technology business loans at a glance
  • 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 hardware and infrastructure
Software development and licensing
Office fitout and co-working spaces
Talent acquisition and team expansion
Marketing and customer acquisition

IT & Technology business loan features

Loans from $5,000 to $1,000,000
IT equipment and hardware finance
Revenue-based financing options
Unsecured loans for asset-light businesses
Flexible terms for growing tech companies

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.

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:

Limited physical assets for traditional security
Rapid growth burning cash faster than revenue
Long sales cycles for enterprise software

How to get a business loan for IT & technology companies

1

Tell us your needs

Share what the finance is for, how much you need and how long you have been trading.

2

A broker compares lenders

A licensed business finance broker compares lenders on their panel for IT & technology companies.

3

Compare your options

Review the offers and choose the one that fits.

4

Settlement

The lender settles the loan and releases the funds.

IT & Technology business loan FAQs

Can IT companies get unsecured business loans?
Yes. Many lenders offer unsecured business loans to IT and technology companies. Assessment focuses on recurring revenue, customer contracts, cash flow, and growth trajectory rather than traditional physical assets.
What is revenue-based financing?
Revenue-based financing ties your repayments to your monthly revenue. When revenue is higher, you repay more. When it dips, repayments decrease. This suits technology businesses with variable or rapidly growing income.
Can I get a loan to fund software development?
Yes. Software development, R&D, and product development can be funded through business loans. Lenders assess the commercial viability of the project, your track record, and the expected return on investment.
How do lenders assess technology businesses?
Tech-savvy lenders look at monthly recurring revenue (MRR), customer acquisition cost, churn rate, growth rate, and your team. Traditional metrics like years in business are less important for high-growth tech companies with strong fundamentals.
Can startups in tech get business loans?
Tech startups with at least 6 to 12 months of trading history and some revenue can access certain business loans. Earlier-stage companies may need to consider alternative funding options like revenue-based finance or founder-backed lending.

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.

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