Business Loans Melbourne
Business Loans Melbourne: Fast Capital from $5,000 to $5M
Realloans provides a special business loan in Melbourne, best for startups, established SMEs, and companies facing urgent cash flow needs. As a specialist commercial finance broker, we provide direct access to over 45 bank and non-bank lenders, ensuring your business secures the right capital structure for growth, expansion, or daily operations.
Why Choose Realloans Australia
Expert Commercial Brokers
Our brokers specialize in matching your specific industry, like transport, construction, or retail, with the right lending policy. We don’t just “assess” you; we find the specific lender that accepts your income type and ABN age to increase your chance of approval.
Access to 45+ Lenders
We have the power to compare over 45 commercial lenders including banks and non-banks. This means you don’t have to be stuck with one bank’s strict rule. We help you find the most unsecured business loan rates and low-doc finance options available in the current market.
Fast & Easy Approvals
We value your time and aim to provide loan outcomes within 24 to 48 hours. Our team handles the heavy lifting by organizing your BAS and bank statements correctly the first time. We ensure a smooth path from application to settlement.
Personalised Service
Every business is different, so we use a custom approach every time. From your first phone call to the moment funds hit your account, you’ll work with a dedicated expert who understands your cash flow needs and long-term business goals.
Features of Business Loan
- Loan amounts start at $5,000 and go up to $5,000,000+.
- Interest rates start from approx. 7% p.a. to 20% p.a.
- Loan terms range from 3 months to 15 years.
- Easy repayment options include weekly, fortnightly, or monthly.
- Funds can be used for working capital, stock purchase, business expansion, equipment upgrades, or debt consolidation.
Minimum Requirements for Business Loan
- Identity Documents – Driver’s licence, passport, or Medicare card.
- Income Verification – 2 years of financial statements, BAS statements (12 months), and accountant-prepared profit/loss reports.
- Bank Statements – 3-6 months business accounts showing ≥$6,000 monthly turnover.
- Vehicle Details – Registration certificate, valuation report (for secured asset finance).
- Existing Financial Commitments – 6 months’ loan/credit statements, no defaults recorded.
- Proof of Address – Utility bill, lease agreement, or council rates notice for business premises.
What is a Business Loan?
A business loan is a legally binding financial agreement in which a lender provides capital to an ABN or ACN holder, which must be repaid over a set term with interest. Unlike personal lending, business loans are assessed based on the entity’s revenue, trading history, and cash flow rather than just the borrower’s salary.
At Realloans Australia, we facilitate these loans to bridge the gap between your current capital and your operational goals. We categorize our business loans into three categories:
- Unsecured Business Loan: A loan of $5,000 to $500,000 that does not require real estate as collateral. It is defined by its speed (approval in 24 hours) and is granted based on your business’s monthly turnover (minimum $6,000/month).
- Secured Business Loan: A loan up to $5,000,000+ backed by physical assets like residential or commercial property. This provides the lowest interest rates (starting near 7% p.a.) and the longest repayment terms (up to 15 years).
- Asset Business Loan: A loan where the financing is tied directly to the item you are buying, such as a truck, van, or machinery. The asset itself serves as the security, protecting your other business or personal wealth.
How to Apply for a Business Loan
1. Fact-Find & Capacity Assessment
We check your ABN status, monthly bank turnover (min. $6,000), and credit profile. By analyzing your last 3–6 months of cash flow, we determine your maximum borrowing capacity before approaching lenders, protecting your credit score from unnecessary inquiries.
2. Lender Matching & Document Lodgment
We cross-check your financial profile against our panel of 45+ lenders, including banks and non-bank institutions. After reviewing and collecting all the documents, including BAS, bank statements, and ID, we lodge the file directly through the lender’s priority broker portal for accelerated processing.
3. Formal Approval & Capital Settlement
Upon lender approval, you receive a Formal Letter of Offer detailing the interest rate, term, and repayment schedule. Once electronically signed, the “Settlement” phase begins. Funds are typically transferred via Electronic Funds Transfer (EFT) to your nominated business account, often on the same business day as final document execution.
Ready to Fund Your Business Growth?
Securing capital through Realloans Australia is a structured process designed for speed and high approval rates.
Connect with our business loan broker to finalize your Borrowing Capacity Assessment. We will cross-match your profile against 45+ lenders to secure the lowest interest rate and most flexible terms for your specific industry.
Enquiry NowFAQS
1. Can startups apply for business loans?
Yes. While traditional banks require 2 years of trading, Realloans Australia specializes in Early-Stage Business Finance. We just require a minimum of 6 months of trading history with an active ABN. For businesses under 6 months, we look for Director Guarantees or additional asset security to mitigate risk.
2. Can I get a business loan with bad credit?
Yes. We utilize Cash-Flow Based Lending. This means lenders prioritize your last 3 to 6 months of bank statement turnover over your historical credit score. We can facilitate approvals for borrowers with recorded defaults or judgments, provided the current business revenue can service the debt.
3. What is the difference between secured and unsecured business loans?
In unsecured lending, no property or asset is pledged. Approval is based on monthly revenue (Min. $6,000). These are faster but carry higher interest rates.
On the other hand, an unsecured loan is backed by residential or commercial property or specific equipment. This reduces lender risk, resulting in lower interest rates (starting approx. 7% p.a.) and longer terms up to 15 years.
4. Can I use a business loan to pay ATO tax debt?
Yes. We provide specialised Tax Debt Funding. This is a strategic move to clear GST, BAS, or PAYG liabilities, thereby avoiding ATO interest charges and general interest charges (GIC). Clearing tax debt also improves your profile for future traditional bank financing.
5. Do I need to be registered for GST to get a business loan?
Not strictly. While many Tier-1 lenders require GST registration and a $75,000+ annual turnover, we have access to niche lenders who fund non-GST-registered micro-businesses. They just want a consistent monthly turnover of at least $5,000 to $6,000 via bank statements.