Business Loan Rates Australia
Business loan rates and interest rate guidance for Australian SMEs. Learn what factors affect your rate and check business loan options with SimplyFunded.
AUD $5k-$200k
Loan range
6 months
Trading history
AUD $5k+
Monthly revenue
24 hours
Funding possible
Business Loan Rates Australia
Business loan rates in Australia vary by lender, loan type, business profile, amount and term. There is no single rate that applies to all businesses because each application is assessed on its own circumstances. Use our business loan calculator to estimate repayments at different rates.
How business loan rates are calculated
Interest rates on unsecured business loans are typically higher than secured rates because the lender takes on more risk without asset collateral. The rate reflects the lender's assessment of the business ability to repay based on revenue, trading history and cash flow.
The rate you are offered depends on factors such as the business trading history, monthly revenue, industry, loan amount, repayment term and recent account conduct. A business with strong, consistent revenue and clean account behaviour may qualify for a more competitive rate than a business with uneven income or recent credit pressure.
Always compare the total cost of the loan, not just the interest rate. Use our business loan comparison tool to see how different loan types and rates stack up. A lower rate with higher fees may cost more than a slightly higher rate with no fees depending on the loan amount and term.
What affects your business loan rate
Trading history: a longer, consistent trading record can support a stronger rate.
Monthly revenue: higher revenue may improve the rate because the repayment risk is lower.
Account conduct: recent dishonours or arrears can affect the rate offered.
Loan amount: smaller loans may carry higher effective rates because fixed costs are spread over less principal.
Loan term: longer terms may have higher total interest even if the monthly payment is lower.
Industry risk: some industries are considered higher risk, which can affect the rate.
Ready to check your rate?
Rates depend on lender assessment. Start an application to find out what rate may apply to your business.
Related funding options
You can also review business loan FAQs or speak with the team through the contact page.