Short-term Business Finance
Unsecured Business Loans from $100K to $1 million.
No Security
100% business revenue lending. No collateral. Protect your assets
No Financials
Electronic upload of business bank statement for last 12 month trading history
Non-bank Alternatives
Flexible loan terms 6 to 60 months. Multiple Options from 12% pa
Short-term business finance
Benefits of Unsecured Business Loans
Access unsecured business loans through Accrutus Capital to support your daily operations. We offer cash flow loans, lines of credit, and quick pre-payment of invoices. Due to the high risk factor for the lender, interest rates on short-term business finance is higher than the Banks and range from 3 to 24 months. These alternative lending options cater specifically to the needs of the small business market.
Types of Short-term Business Finance
- Unsecured business loans
- Merchant Cash Advance
- Unsecured line of credit
- Trade Finance facility
Advantages of Unsecured Loans
- High approval rate for small business owners, No security is required, protecting your assets.
- New businesses under 2 years benefit with solid trading history, No financials needed.
Compare Short-term Business Finance
- What type of loan facility suits your cash flow?
- Can your business service unsecured debt?
- Benefits of secured and unsecured loans.
- Is a bank overdraft best in the long-term?
Call 07 3184 9183
How to Qualify for Unsecured Business Loans?
- ABN and solid evidence of trading over 12 months
- Electronic upload of 12 months business bank statements
- Notification of other unsecured business loans outstanding
- Good credit score 500 plus
- 100 PT business owner identification
- Asset and Liability statement for applications above $200K
Working Capital Enquiry for
$100K to $1 million
This is not an application, no credit check.
We can help
We can help
Cannot provide collateral
We can help
No Pre-sales
We can help
Cash Flow is seasonal
We can help
Shipping or supplier delays
We can help
Its good to plan
Short-term Business Finance
The Good
The Bad
The Plan
Is accessing short-term loans good for your business?
At Accrutus Capital, we believe that short-term business finance offers a convenient solution with minimal requirements. By choosing unsecured loans, you can avoid the need to risk your assets, allowing for greater flexibility. It is essential for businesses to demonstrate a solid trading history and maintain a decent credit score when applying for these loans.
Short-term loans can be utilized for various business purposes and are particularly beneficial for new business owners. We recommend finding a lender that offers payment schedules that align with your needs, whether daily, weekly, or monthly, and exploring options for adjusting the payment terms if necessary.
It is crucial to ensure that your business can comfortably afford the repayments to preserve your good credit rating. Let Accrutus Capital help you navigate the world of short-term business finance and find the right solution for your needs.
What is the Cost of Short-term Finance?
The high cost of short-term business finance, particularly unsecured loans without collateral, can pose a significant downside.
Compared to secured loans backed by assets like real property, vehicles, or equipment, the interest rates are notably higher for large sums borrowed over shorter periods, with interest being compounded.
Potential borrowers should carefully weigh the benefits against the costs before opting for short-term business finance.
The Short-term Business Plan
Understanding how to effectively utilize unsecured business loans and manage your cash flow is crucial for success. Your financial plan should encompass a variety of funding options to accommodate daily, weekly, or monthly repayments based on the type of funding obtained.
While reputable short-term lenders assess approval based on your business’s cash flow, ultimately, it is your responsibility to oversee the cash flow balance to ensure optimal financial management of your short-term business finance strategy.
At Accrutus Capital, we understand the importance of good planning when it comes to short-term business finance.
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