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BUSINESS FINANCE / BOOST BUSINESS LOANS

Fuel your business with a Boost Business Loan.

Fast, flexible business loans from $10,000 to $500,000.

Funding within 24 hours once approved

Fast online application

We support all industries

Give your business a cash boost!

We can help with our Boost Business Loan – powered by Business Fuel – for just about any reason. Unlike other loan products you may be familiar with, we fund based on average cashflow. We can lend up to 150% of your  monthly sales. We have no industry restrictions, and we can lend up to $200k unsecured.

  • Quick and simple funding options from $10,000 – $500,000
  • We support all industries with the capital they need to grow, expand, renovate, pay invoices, purchase stock and equipment – ANY worthwhile business purpose!
  • Minimal documents are required, and you will have direct access to the decision makers.

Simple and Fast Application

Apply Online

Complete our quick online application

Upload statements

Verify your income by uploading statements to our secure cloud

Receive funds

Once approved, you'll have funds within 24 hours!

Secured Business Loans

Looking for a secured business loan? ScotPac offers business owners assistance in unlocking the equity in their home so they can invest in their business and access customised finance solutions.

Enquire Now

Our Solutions

Why ScotPac?

Trusted ScotPac has been operating in the business finance space for over 35 years. We’re the largest provider of tailored, flexible business finance solutions throughout Australia and New Zealand.
Real relationships We focus on investing in the relationships we have with our clients, and with specialists available in all 5 states and territories it’s no wonder the average client stays with us for 5 years.
Flexible Finance Our working capital solutions are more nimble and inventive than those of the banks and with timely turnarounds in as little as 48 hours, you’ll be up and running before you know it.

Frequently Asked Questions

HOW MUCH CAN I BORROW?

Between $10,000 and $500,000. As a general rule we can fund up to 100% of your average monthly sales. So, if you average $30,000 per month in sales we could lend you up to $30,000.

DO I QUALIFY FOR A LOAN?

To qualify for a business loan with us, you need to:

Have owned your Business and been trading in the same location for at least 12 months.

Demonstrate a minimum turnover of $10,000 per month in total sales.

WHEN WILL I RECEIVE MY FUNDS?

Once approved, funds can be available within 24 hours. In some cases, same day funding is available.

WHAT DOCUMENTS DO WE NEED TO PROVIDE?

6 months business bank statements.

Completed application form – this can be done here.

Photo I.D for directors / borrowers

Note: If security is required we may request documents relevant to this.

DO I NEED TO PROVIDE SECURITY?

More than 80% of our loans are unsecured, however, a strong asset base can assist in increasing the approval rate and loan amount.

All loans over $200,000 require security.

ARE THERE FEES AND INTEREST RATES?

There are no hidden fees and interest rates / charges for our business loans.

We have no application fees  or account keeping fees. We offer a low, up front flat fee and drawdown fee structure that is paid off with your weekly repayments.

You can access your monthly statement at no extra cost through your customer portal to keep track of your loan and manage your budget.

HOW LONG DO I HAVE TO REPAY THE LOAN?

Our loan terms are generally between 6 – 24 months. However, each application is considered on a case-by-case basis to work with your industry and the cash flow of your business. There is no penalty for early payouts.

CAN I GET FUNDS TO START A BUSINESS?

No. You need to be trading for a minimum of 12 months and have records of consistent sales. However, if you are already trading and would like to purchase an additional franchise or open another location we can help.

HOW DO I GET STARTED?

Simply apply here or phone 1300 660 681 to speak to one of our experienced Lending Managers today!

Disclaimer: SPPF Pty Ltd Australian Credit License 539333 Servicer of Loans made by ScotPac Property Finance Pty Ltd. This information is current at 1st March 2023 and is for general information purposes only. It has been prepared without considering your objectives, financial situation or needs. Please refer to the product terms and conditions at scotpac.com.au.