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

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.
Back to top

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.

More resources on Finder

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

  • Business car loans

    If you're after a business car, compare your vehicle finance and car loan options and get your business on the road.
  • BankSA Small Business Loans

    Whether you're looking to support cash flow, grow your business or purchase new equipment, BankSA may have a business loan option for you.

  • How to offer your customers finance

    A guide to customer finance options for small businesses, including 0% interest finance.
  • No Deposit Business Loans

    With just a little bit of ingenuity, you can apply for a 100% commercial loan and access business finance without a deposit.
  • How to buy a petrol station

    Buying a petrol station? Here’s how to find the right business and compare petrol station loans to finance your purchase.
  • Westpac Secured Business Loan

    Find out about Westpac's business offerings including secured and unsecured business loans, overdrafts and credit cards.
  • St.George Small Business Loan

    Benefit from a fixed or variable rate small business loan with St.George.
  • Can sole traders get a loan?

    What you need to know if you’re applying for a business loan as a sole trader.
  • Bad credit business loans

    We’ve written about how you can get a business loan even with bad credit.
  • Business loan calculator

    Looking to apply for a business loan? This business loan calculator lets you compare the cost of two business loans so you can see which is the one to apply for.
Go to site