Short-term business loans up to $500k

Spotcap's loans have helped hundreds of Aussie businesses to keep growing

Unsecured, without collateral

Free non-committal application

Decision within 1 working day

No fees for repaying early

What is different about a Spotcap short-term loan?

Unsecured - no collateral required

Free, non-committal application

Decision in one working day

No penalty for repaying early

Finance growth opportunities

Boost your working capital, cover unexpected expenses, or purchase inventory to keep moving forward

Up to $500k of business finance

Only pay interest on what you use

Straightforward paperless application

Funds available within 24 hours

We’re trusted by thousands of growing businesses

Don’t just take our word for it. Learn about aspirational businesses we have financed

working capital loans customer quote

"The only reason we're able to grow is because we got a loan from Spotcap two months ago. Without them, we would never have got through."

Simon Osbourne

Director of The Rocks Brewing Company

Let your business benefit from Spotcap's unsecured lending

It’s your business, so you choose how to use the funds. Our short-term loans are a versatile solution for many business activities.

  • Protect your cash flow

    Give your business financial security by preparing for unforeseen expenses.

  • Refresh your inventory

    A short-term loan can supply the working capital needed to restock your inventory when you’re preparing for a busy new season.

  • Bridge receivables

    Cover periods between funding rounds and keep business running smoothly.

  • 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 short-term loan can fund campaigns dedicated 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 short-term loan

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

How to apply for an unsecured business 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 Spotcap short-term loan work?

Below is an example of Spotcap’s 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 drawdown 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 drawdown 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 Spotcap 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 Spotcap 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

  • What’s different about a short-term business loan?

    A short-term loan is a type of credit facility than can be repaid within a period lasting between 1 month and 24 months. Compared to its long-term counterpart, this type of loan comes with smaller credit amounts, but can be arranged faster and with less admin.

    Because they can be originated quickly, short-term loans are mostly used to meet a company’s immediate financial needs. These could include covering seasonal payments, bridging gaps in cash flow, or restocking your shelves.
  • How do I know it’s the right fit for my business?

    We always recommend talking to a certified financial advisor who can take into account your specific circumstances. But as a general rule of thumb, short-term loans are used by businesses that need fast access to funds and know they are able to repay the loan reasonably quickly. Typical scenarios include gearing up for a new contract with inventory, or taking on additional staff to cope with a rising workload.

    Larger commitments, such as purchasing high-value equipment or property, are better served by long-term loans with more substantial credit amounts and longer repayment periods.
  • How long can a short-term loan last?

    With Spotcap you receive a maximum loan term of 24 months, but you also have the option to shorten it without incurring additional fees. Once a month has passed from withdrawing the funds, you can stay with your pre-arranged repayment schedule or fully repay the loan at a time that suits your plans.
  • What should I consider before applying?

    Loan size. Short-term loans are rarely enough to cover a substantial expense, e.g. over $500,000. Instead, many businesses treat them as smaller — but faster — boosts that can temporarily support their cash flow until profits come in.

    Repayments. If your business has long turnaround cycles, repayments could put too much stress on your finances. Consider discussing your options with an accountant or financial advisor.
  • What fees can I expect with a Spotcap loan?

    There are no application fees, meaning you will bear no costs for being approved.

    There are no early repayment fees. After one month from drawing down, you can repay the full loan amount without incurring any charges.

    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. Click here to learn more about our pricing.
  • Can I contact someone with more questions?

    Our customer support team is happy to assist you with your application or any further questions. You can also read more at our FAQ page .