Defined urgent costs
Businesses with a specific supplier, stock, wage, tax, repair or project expense and a realistic way to repay it.
Fast Business Loans up to $200K for Australian SMEs
Apply online for a fast unsecured business loan from AUD $5,000 to $200,000. Eligible applications may be reviewed on the same day, with funding possible within 24 hours, subject to assessment and approval.
Check eligibilityAm I eligible?
You probably are, you just need:
- An active ABN or ACN
- 6+ months in business
- $5,000+ in monthly revenue
What are fast business loans?
A fast unsecured business loan is funding for an Australian business that needs a quick decision and doesn't want to put up property or a major asset as security. We assess each application on trading history, revenue, cash flow, account conduct, existing commitments, the reason for the loan, and your ability to repay.
SimplyFunded is a direct lender offering unsecured funding from AUD $5,000 to $200,000 to eligible Australian SMEs. The money can go toward stock, supplier invoices, wages, tax, equipment, repairs, marketing, project mobilization, or general working capital. If speed isn't your main concern, explore the wider range of unsecured business loan options.
Fast doesn't mean automatic. A complete application helps avoid delays, but approval still depends on meeting our assessment criteria and showing that repayments fit comfortably within your normal cash flow.
Before applying, read the business loan questions and make sure the amount you request is tied to a practical business outcome.
Key loan details
Use these details as a quick fit check before you apply.
Requirement
Criteria
Notes
Requirement
Loan amount
Criteria
AUD $5,000 to $200,000
Notes
Unsecured, subject to assessment
Requirement
Trading history
Criteria
At least 6 months
Notes
Companies and sole traders
Requirement
Monthly revenue
Criteria
Around AUD $5,000 or more
Notes
Based on recent trading
Requirement
Common uses
Criteria
Stock, wages, tax, equipment, repairs, marketing and working capital
Notes
Business purposes only
You can apply online, and eligible applications may be reviewed on the same day when we have the information we need. Funding may then be available within 24 hours, subject to approval, acceptance, any additional checks and bank processing times.
Each stage takes its own time: submitting the application, reviewing, approval, accepting the offer, and receiving the funds. This is not an instant-approval product, and timing varies from one application to the next.
The quickest applications have a specific request, matching business details, complete bank information, and a clear explanation of what the money is for. If we need to clarify revenue, existing commitments, account activity, or the purpose of the loan, the review can take longer.
Speed matters most when there's a defined cost and a clear way to repay it. Typical examples are paying a supplier before a deadline, buying stock ahead of a busy season, covering wages while you wait on invoices, replacing essential equipment or mobilizing a confirmed project. If the real issue is the gap between income and expenses, compare cash flow loans too.
A fast loan should support a considered decision, not a rushed one. Work out the amount you need, the date the cost is due, and whether the repayments suit a normal trading month before you apply.
We may look at your ABN or ACN, time in business, recent revenue, bank statements, existing loans and leases, account conduct, credit history, the purpose of the funding and your repayment capacity. As a guide, we look for at least six months of trading and around AUD $5,000 or more in monthly revenue. Our business loan requirements guide explains how to prepare.
Unsecured means no property security, no assessment. Your trading activity and cash flow still need to support the amount requested and the repayment structure.
If revenue is seasonal, a customer paid late or a one-off expense affected your account, say so. Context helps us read your statements accurately.
A fast, unsecured loan isn't the right fit for every situation. A short term business loan may suit a defined urgent cost with a clear repayment source. A low doc business loan may help if you have trading activity but limited paperwork. Sole traders can read about sole trader business loans, where business and personal finances are assessed together.
Whatever you choose, compare the total cost, repayment frequency, term, fees, early repayment conditions and any guarantee or security requirements. The fastest option isn't the best one if the repayments strain you in a quieter month.
Who fast business loans suit
Trading Australian SMEs
Companies and sole traders with at least six months of trading and recent revenue we can assess.
Businesses without property security
SMEs that need funding for business purposes but don't want to offer property or major assets as collateral.
How assessment works
Approval depends on lender assessment. These are the points that usually matter most.
Complete information
Matching ABN, business and bank details helps avoid follow-up questions that slow the review.
Revenue and trading history
At least six months of trading and around AUD $5,000 in monthly revenue are our basic guidelines.
Repayment capacity
The amount should fit your ordinary revenue after wages, rent, suppliers, tax and existing finance.
Before you apply
Write down the exact amount you need, what it will pay for, and when it's due. A supplier quote, invoice, contract or simple project budget makes your request easier to assess.
Gather your ABN or ACN, business structure, recent revenue figures, bank statements and details of existing finance before you start. Consistent information avoids unnecessary follow-up.
Test the repayment against an ordinary trading month, leaving room for payroll, suppliers, rent, tax, insurance, utilities and existing commitments. Don't rely on your strongest recent month.
Compare the total cost before accepting an offer. Check business loan rates, fees, repayment frequency, term, early repayment conditions and any personal guarantee or security requirement.
Online applications and same-day review can help eligible businesses move quickly.
No property collateral is required, but you still need to show trading activity and repayment capacity.
Unsecured funding can cost more than some secured options because the lender isn't relying on property security.
A complete application reduces delays, though additional checks may be needed before a decision or payment.
Fast funding suits a defined timing problem. Borrowing more than you can comfortably repay adds pressure.
It isn't a fix for an ongoing operating loss.
Practical business examples
Supplier deadline
A retailer needs to pay for a confirmed stock order before a seasonal sales period begins.
Project mobilization
A contractor needs materials and wages to start a confirmed project before the first client's payment arrives.
Essential repair
A service business needs to fix equipment that is stopping staff from completing normal customer work.
Related funding options
unsecured business loansbusiness loan optionsshort term business loanscash flow loansbusiness loan requirementsbusiness loan rates
More funding options
Ready? Get funded today.
Ready to explore unsecured business funding? Share your business details and funding purposes online to check your eligibility.
It's business funding assessed without requiring property or a major asset as security. When your information is complete and your business is eligible, the process can move quickly. Approval and timing aren't guaranteed.
Eligible applications may be reviewed on the same day, and approved funding may be available within 24 hours when the required information is supplied promptly. Timing depends on assessment, approval, acceptance, any additional checks, and bank processing.
We don't offer instant approval or guaranteed funding. You can apply online, and for eligible applications we may review the same day, with funding possible within 24 hours of approval, subject to complete information, acceptance, any additional checks, and bank processing.
Eligible Australian businesses can apply for unsecured funding from AUD $5,000 to $200,000. The amount depends on revenue, trading history, existing commitments, the purpose of the loan, and repayment capacity.
You may need your ABN or ACN details, identification, recent business bank statements, revenue information, details of existing finance, and an explanation of what the funding is for. An invoice, quote, or contract can help support a specific request.
It may be possible. Credit history is one factor alongside trading history, revenue, cash flow, account conduct, existing commitments and repayment capacity. Approval isn't guaranteed.
No. Unsecured funding doesn't require property security, but you still need to meet our assessment criteria. Review any personal guarantee or other obligations before accepting an offer.
It can cost more than some secured alternatives because the lender isn't relying on property collateral. Compare the total repayment, fees, repayment frequency and term, not just the speed or headline rate.
Funding should support a clear, realistic purpose with a repayment plan. It shouldn't be used to cover an ongoing operating loss that normal trading can't repay.