Unsecured - no collateral required

Free, non-committal application

Decision in one working day

No penalty for repaying early

Use a line of credit to grow your business

SMEs need access to finance to grow and innovate. A credit line from Zip Business can help you move forward

Up to $500k of business finance

Only pay interest on what you use

Straightforward paperless application

Funds available within 24 hours

Let your business benefit from Zip Business unsecured lending

It’s your business, so you choose how to use the funds. Our credit lines are a versatile solution for both long- and short-term activities.


  • Protect your cash flow

    Give your business financial security by preparing for unforeseen expenses. Access to a line of credit can act as your safety net.

  • Refresh your inventory

    A credit line can supply the working capital needed to restock your inventory when you’re preparing for a busy season.

  • Bridge receivables

    Secure the working capital you need to cover periods between funding rounds.


  • Grow your product range

    Extend your product range by funding purchasing. You could adjust an existing product for a new market, or start selling something entirely new.

  • Enter new markets

    Reach out to new customers, explore new ideas or run a targeted marketing campaign with the help of flexible financing.

  • Boost your reputation

    A credit line can fund campaigns tailored to improving how your business is perceived by customers, partners or the media.

Qualification and eligibility criteria

What we look for in applications

Australian business

Annual turnover of at least $200k

Trading for at least 18 months

Profitable business

How to apply for a business line of credit

An online application can be completed in as little as 15 minutes

Zip Biz loans

Tell us about your business

Answer a few questions and provide some basic data to complete your application

We review your application

Our team of credit experts will review your application and we’ll be in touch with a decision

Accept your offer

Once approved, you have immediate access to your funds. Choose when to have the funds deposited to your account

How does a business line of credit work?

Below is an example of Zip Business approach, focused on simplicity and flexibility


When your application is approved, we can offer you a line of credit. Your finance will be available within 24 hours


When you draw down on your credit line we create a separate business loan. Each loan has the same interest rate


Your line of credit is available for 1 to 3 months. During this time, you may draw down as much or as little as you need


Each loan is repaid monthly over an amount of time (between 1 and 36 months). After the first month has elapsed, you can repay your loan early without penalty


Upon expiration of your credit line, you may request a rescore. We reassess your information and determine if we can offer a larger sum of finance

Payment Calculator

  • Amount
    $ 100,000
  • Time
    12 months


Monthly repayment

For illustrative purposes only. The example shown above is based on an average Zip Business Capital customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Our customer reviews

How to apply for a loan from Spotcap


Tell us about yourself and your business


Receive your decision within one working day


Accept your offer and receive your funds

Qualification criteria

Australian business

Annual turnover of +$200k

Trading for at least 18 months

Profitable business

Business loan calculator

Monthly repayment


  • Amount
    $ 100,000
  • Time
    12 months
For illustrative purposes only. The example shown above is based on an average Zip Business Capital customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Useful Information

  • How does a business line of credit work?

    A business line of credit is a financing arrangement where you can borrow cash several times until you reach a fixed credit limit. Many business ventures come without a clear price tag, and a line of credit gives you the option to adjust how much funding you commit to.
  • Is a line of credit right for me?

    If you find yourself in a position where you need ongoing access to funds, a credit line could be a good fit.

    When business is growing, you might not always be able to predict when expenses will come and how big they’ll be. For example, when the busy season is in full swing, you might need a few extra inventory orders to keep your shelves stocked — a credit line could cover the unexpected costs.

    A credit line could also act as a safety net against nasty surprises. If a big customer invoice gets delayed, you could use the funds to keep your cash flow healthy and tide your business over until the payment comes in.
  • How long can a line of credit last?

    Provided you draw down within the first three months (what we call the “commitment period”), a Spotcap credit line can last up to 24 months. If you decide not to withdraw any funds during the commitment period, but later need access to finance, you can quickly and easily apply for a rescore with your basic information already pre-filled from your first application.
  • How much can I borrow?

    Our credit lines can extend between $10,000 and $500,000 depending on your individual circumstances. You decide how much to withdraw from your credit limit, and interest is accrued only on the funds you’ve actually used. For example, if your credit line limit is $300,000, and you withdraw $250,000, you will be charged interest only on the $250,000.
  • What should I consider before applying?

    Revolving & non-revolving credit lines.

    With revolving credit lines, you repay the borrowed amount and automatically get access to the funds again.

    Non-revolving credit lines don’t automatically get renewed — once you’ve repaid the borrowed sum, you need to request a rescore. While this might seem more time-consuming, non-revolving credit lines usually come with a higher credit limit.

    Note: Spotcap’s credit lines are non-revolving. Applying for a rescore can take less than 15 minutes, and we come back with a decision within one working day.

    Differences between a business line of credit and a business loan

    Business loans provide a lump sum that needs to be repaid within a set time. They often give you access to more funds compared to a credit line, and have a clearly structured repayment schedule.

    The tradeoff comes down to flexibility — if borrowers decide not to use all of the funds from a term loan, they will still be charged interest on the entire loan amount. With a credit line, interest is charged only on what the borrowers have drawn down, not the entire credit amount.

    Credit line amount

    Credit lines are a flexible alternative to business loans, but their credit limit might not provide you with enough funds for a more substantial investment (e.g. $500,000 and over). If you are looking to finance a long-term commitment, like purchasing property or high-value equipment, a credit line might not be the best fit. Consider talking through your options with a certified financial professional who can take your individual circumstances into account.
  • What are the costs of borrowing from a line of credit?

    There are no monthly servicing fees.

    There are no early repayment fees.

    There are no application fees.

    The cost of financing with us includes the loan’s interest rate — which is based on your risk profile — and a drawdown fee that is charged per withdrawal as a percentage of the borrowed amount. Interest is charged only on what you have drawn down, not the entire credit limit. Click here to learn more about our pricing.
  • What documents do I need to apply?

    We ask for three types of documents:

    BAS returns for the last 4 quarters
    Balance sheet for the last 2 years
    Profit & Loss statements for the last 2 years

    If you’d like to learn more about the information we ask for in your application, have a look here.
  • Can I talk to someone about the credit line before I apply?

    Our customer support team is happy to help with any questions you might have. Give us a call at 1800 10 70 10 — we’re open from 9:00 am to 6:00 pm.