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The Business Loan Store

Business loans for newer businesses

Many lenders want two years of trading, which leaves newer businesses with fewer options. Some online and specialist lenders publish lower minimums, from around six months.

17 products from 10 lenders · Last checked 25 Sept 2026

Not sure which lender will say yes?

Tell us about your business and explore lenders that may fit your circumstances.

Products whose published minimum trading history is six months or less.

17 products from 10 lenders

Business loans for new businesses

Major bank

ANZ GoBiz Unsecured Business Loan

Business loan from $10,000 over up to 7 years, applied for online through ANZ GoBiz using accounting software data, unsecured up to $200,000.

Amount
From $10K
Term
Up to 7 yrs
Security
Unsecured
Rates and other criteria
Rate
12.74% p.a.
Repayments
Weekly, Monthly
Trading
6+ months trading under the current ABN/ACN
Source dated 25 Sept 2026
Details for ANZ GoBiz Unsecured Business Loan
Major bank

ANZ GoBiz Unsecured Business Overdraft

Unsecured business overdraft from $2,000 to $200,000, applied for online through ANZ GoBiz, for short-term cash flow and working capital.

Amount
$2K to $200K
Term
Not published
Security
Unsecured
Rates and other criteria
Rate
16.20% p.a. variable
Repayments
Not published
Trading
6+ months trading under the current ABN/ACN
Source dated 25 Sept 2026
Details for ANZ GoBiz Unsecured Business Overdraft
Asset and equipment financierVia broker

Azora Finance Accelerate

Asset finance for vehicles, trucks, equipment and machinery for emerging businesses from 6 months in business, via brokers.

Amount
Not published
Term
Not published
Security
Not published
Rates and other criteria
Rate
Rate available on application
Repayments
Not published
Trading
6+ months in business
Source dated 25 Sept 2026
Details for Azora Finance Accelerate
Non-bank business lender

Bizcap Fast Business Loan

Short-term loan from $5K to $500K over 3 to 12 months for urgent needs and unexpected expenses, repaid daily or weekly.

Amount
$5K to $500K
Term
3 mths to 1 yr
Security
Varies
Rates and other criteria
Rate
Rate available on application
Repayments
Daily, Weekly
Trading
4+ months trading
Source dated 23 Sept 2026
Details for Bizcap Fast Business Loan
Non-bank business lender

Bizcap Secured Business Loan

Loan from $30K to $7.5M secured by property equity, for businesses seeking larger cash flow or growth funding.

Amount
$30K to $7.5M
Term
Not published
Security
Property-secured
Rates and other criteria
Rate
Rate available on application
Repayments
Daily, Weekly
Trading
5+ months trading
Source dated 23 Sept 2026
Details for Bizcap Secured Business Loan
Non-bank business lender

Bizcap Small Business Loan

Short-term loan over 3 to 12 months for small businesses funding cash flow, stock, equipment or growth, repaid daily or weekly.

Amount
$5K to $7.5M
Term
3 mths to 1 yr
Security
Varies
Rates and other criteria
Rate
Rate available on application
Repayments
Daily, Weekly
Trading
4+ months trading
Source dated 23 Sept 2026
Details for Bizcap Small Business Loan
Non-bank business lender

Capify Merchant Cash Advance

Merchant cash advance from $5K to $500K over 3 to 12 months, repaid daily as a small percentage of card and EFTPOS sales.

Amount
$5K to $500K
Term
3 mths to 1 yr
Security
Unsecured
Rates and other criteria
Rate
Rate available on application
Repayments
Daily
Trading
2+ months in business
Source dated 23 Sept 2026
Details for Capify Merchant Cash Advance
Non-bank business lender

Capify Unsecured Business Loan

Short-term unsecured loan over 3 to 12 months with daily repayments, for businesses funding cash flow, growth, equipment or stock.

Amount
$5K to $500K
Term
3 mths to 1 yr
Security
Unsecured
Rates and other criteria
Rate
Rate available on application
Repayments
Daily
Trading
6+ months trading
Source dated 23 Sept 2026
Details for Capify Unsecured Business Loan
Asset and equipment financier

Finance One Commercial Business Equipment Finance

Business equipment finance from $8,000 to $150,000 for new or used machinery, trailers, earthmoving gear and tools; poor credit applicants may be considered.

Amount
$8K to $150K
Term
Not published
Security
Not published
Rates and other criteria
Rate
Rate available on application
Repayments
Not published
Trading
ABN held 6+ months
Source dated 25 Sept 2026
Details for Finance One Commercial Business Equipment Finance
Asset and equipment financier

Finance One Commercial Business Vehicle Loan

Business vehicle finance from $8,000 to $150,000 over 3 to 7 years for cars, utes, trucks and food trucks, including for businesses with a bad credit history.

Amount
$8K to $150K
Term
3 yrs to 7 yrs
Security
Not published
Rates and other criteria
Rate
Risk-based pricing
Repayments
Not published
Trading
ABN held 6+ months
Source dated 25 Sept 2026
Details for Finance One Commercial Business Vehicle Loan
Asset and equipment financier

Finance One Commercial Unsecured Cash Flow Loan

Unsecured business loan for small to medium-sized enterprises for working capital, equipment, stock, expansion, marketing or cash flow gaps.

Amount
Not published
Term
Not published
Security
Unsecured
Rates and other criteria
Rate
Rate available on application
Repayments
Weekly, Fortnightly, Monthly
Trading
ABN held 6+ months
Source dated 25 Sept 2026
Details for Finance One Commercial Unsecured Cash Flow Loan
Non-bank business lender

Lumi Business Line of Credit

Business line of credit up to $1M, with weekly repayments, for businesses managing cash flow.

Amount
Up to $1M
Term
Up to 5 yrs
Security
Varies
Rates and other criteria
Rate
From 15.5% APR
Repayments
Weekly
Trading
6+ months trading
Source dated 23 Sept 2026
Details for Lumi Business Line of Credit
Non-bank business lender

Lumi Small Business Loan

Small business loan up to $1M, with weekly repayments, for funding cash flow, stock, equipment or growth.

Amount
Up to $1M
Term
Up to 5 yrs
Security
Varies
Rates and other criteria
Rate
From 15.5% APR
Repayments
Weekly
Trading
6+ months trading
Source dated 23 Sept 2026
Details for Lumi Small Business Loan
Invoice and trade financier

Octet OctetDebtor - Debtor & Invoice Finance

Debtor and invoice finance facility advancing up to 85% of invoices, for businesses with a receivables ledger of $100K or more.

Amount
Not published
Term
Not published
Security
Asset-backed
Rates and other criteria
Rate
Rate available on application
Repayments
Not published
Trading
6+ months trading
Source dated 23 Sept 2026
Details for Octet OctetDebtor - Debtor & Invoice Finance
Non-bank business lender

Prospa Small Business Loan

Term loan from $5K to $500K over up to 5 years, with weekly repayments, for small businesses funding cash flow, stock, equipment or growth.

Amount
$5K to $500K
Term
Up to 5 yrs
Security
Varies
Rates and other criteria
Rate
Risk-based pricing
Repayments
Weekly
Trading
6+ months trading
Source dated 23 Sept 2026
Details for Prospa Small Business Loan
Invoice and trade financier

ScotPac Invoice Finance (Invoice Factoring / Invoice Discounting)

Invoice factoring or discounting facility that advances cash against unpaid B2B invoices, for businesses invoicing $10K or more a month.

Amount
Up to $200M
Term
Not published
Security
Asset-backed
Rates and other criteria
Rate
Rate available on application
Repayments
Not published
Trading
6+ months trading
Source dated 23 Sept 2026
Details for ScotPac Invoice Finance (Invoice Factoring / Invoice Discounting)
Asset and equipment financier

SilverChef Rent-Try-Buy

12 month rental of hospitality equipment from $1,000, with weekly payments and the option to change, upgrade or buy at any time.

Amount
From $1K
Term
1 yr
Security
Not published
Rates and other criteria
Rate
Rate available on application
Repayments
Weekly
Trading
No trading history required
Source dated 25 Sept 2026
Details for SilverChef Rent-Try-Buy

The products below are ones where the lender publishes a minimum trading history of six months or less. Property security can also help newer businesses, so it is worth telling us about any property you own.

What to know

Bank statements carry weight

With a short history, lenders lean heavily on recent account conduct and turnover.

Start smaller

Initial limits are often modest and can grow with a good repayment record.

Consider security

Property-secured lenders focus on the security and exit, which can suit businesses with limited history.

Business loans for new businesses: common questions

Can a startup get a business loan in Australia?

It is harder but possible. Some lenders fund businesses from around six months trading, and property security widens the options.

What do lenders look at for newer businesses?

ABN age, recent bank statements, turnover, the directors' credit history and any security offered.

More ways to compare business loans

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