Max Funding Secured Business Loan

Borrow from $20,000 up to $1,000,000. Loan terms are short, from 1 month to 3 years and charges include interest.

No reviews yet. Write a review
4.7 based on 821 reviews

How does a business loan from Max Funding work?

Max Funding business loans can be obtained in three simple steps:

1. Fill out the pre-approval form. This takes a few seconds and you'll find out the outcome in less than five minutes. There are no meetings or interviews required and you're under no obligation to take the loan.

2. Send the required documents. You can do this using email or fax and this verification step is usually completed on the same day.

3. If you're approved for the loan and agree to the loan contract, you can receive your funds on the same day.

Six features of a Max Funding Business Loan to know about

  • Wide range of funding amounts. Max Funding provides loans from $20,000 to $1,000,000, which covers almost a range of day-to-day business need for an SME.
  • No hidden fees or charges. You will be given an interest rate when you apply and you can pay off your loan early without being charged a penalty.
  • Loans for businesses at all stages. You can apply for a loan no matter what stage your business is at – loans are available for startups, established businesses, and there's a specific category for those in the hospitality and retail sector.
  • Credit history. Unlike the big banks, Max Funding provides loans to businesses with less-than-stellar credit history.
  • Repayments. The repayments are scheduled according to your budget and business needs.
  • No tax returns/BAS. Max Funding does not require you to submit tax returns or any other financial statements when you apply.

How much will this loan cost?

  • Interest rates. The interest rates vary according to the type of loan and the risk involved. However, these loans are generally calculated monthly.
  • Prepayment. These loans do not carry a prepayment charge, meaning you can pay the loans early to save on interest.
  • Other fees and charges. These loans do not carry any other hidden fees or charges which end up reducing the overall burden of the loan.

How to apply for a business loan with Max Funding

The main eligibility criterion for Max Funding loans is to have sufficient income for repaying the loan. Besides this, a reasonable credit history and assets like a motor vehicle or property are required. Financed motor vehicles and mortgaged real estate property are also considered.

Step 1: Fill the pre-approval form. This takes a couple of seconds and does not come with any obligations attached. You should receive a response within five minutes. For premium business loans and unsecured business loans, a time duration of one to three hours is required for approval.

Step 2: Email/fax the documents. After getting pre-approved, mailing or fax of documents is required. The verification process is generally completed within the same day.

Step 3: Disbursement of funds. After the documents are reviewed, the funds will be transferred to the nominated bank account. This process can be completed in the same day or with a very short turnaround time.

Get rewarded $$ for switching with Finder Rewards

Find a better deal, save on your bills and get a free gift card. Sign up to be the first to hear about new Finder Rewards.

Ask a question

You are about to post a question on finder.com.au:

  • Do not enter personal information (eg. surname, phone number, bank details) as your question will be made public
  • finder.com.au is a financial comparison and information service, not a bank or product provider
  • We cannot provide you with personal advice or recommendations
  • Your answer might already be waiting – check previous questions below to see if yours has already been asked

Finder only provides general advice and factual information, so consider your own circumstances, or seek advice before you decide to act on our content. By submitting a question, you're accepting our Terms Of Service and Finder Group Privacy & Cookies Policy.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

More guides on Finder

  • ScotPac Boost Business Loan – powered by Business Fuel

    ScotPac’s Boost Business Loan offers simple access to funding, allowing your business to borrow between $10,000 and $500,000.

  • Shift Business Equipment Line Loan

    Finance your used or new equipment for any business needs from $2,000 to $1,000,000.

  • Heritage Bank Equipment Loan

    Purchase, replace or upgrade new or used equipment up to $500,000.

  • Swoop Finance Business Loans

    Swoop Finance offers a vast range of business loans via its extensive lender portfolio. Businesses of all sizes and funding requirements may be able to qualify. Find out more.

  • ebroker Business Loans

    Whatever your business loan requirement, ebroker may be able to help. With a range of loan options from over 80 bank and non-bank lenders compared on-site, could you find the right loan for your business?

  • Macquarie Bank Line of Credit

    Increase your working capital with a business line of credit from Macquarie Bank.

  • St.George Vehicle and Equipment Finance

    Looking to purchase new equipment for your business? Find out how you could benefit from a vehicle and equipment loan from St.George. Compare and apply today.

  • Lumi Unsecured Business Loan

    Lumi offers a variety of short-term unsecured tailored business loans for SMEs, so you can find the loan that fits your business goals and your specific company.

  • Valiant Finance Business Terms Loans

    Benefit from flexible loan terms and loan amounts through over 80 lenders from Valiant Finance.

  • Prospa Business Loan

    If you're looking for a flexible business finance solution, Prospa has a competitive offering that you can consider. Apply for up to $300,000 online and receive approval within one hour.

Go to site