UCapital Unsecured Business Loan

How does the UCapital Unsecured Business Loan work?

UCapital offers unsecured business loans for amounts less than $300,000, with the amount based on the business's average monthly turnover. Loan terms can be negotiated between 3 months to 2 years, with loan repayments made either every business day or on a weekly basis.

The online application form takes about 10 minutes to complete and the loan approval process typically takes between 24 hours and 5 working days.

Features of the UCapital Unsecured Business Loan

The loan has the following features:

• No assets as security. For loan amounts under $300,000, no assets are required to be put up as security for the loan. A standard personal guarantee is required for all UCapital loans.
• Negotiable loan term. Loan terms can be negotiated between 3 months to 2 years.
• Convenient loan repayments. Loan repayments can either be made on a weekly basis or, to keep the loan repayments as small as possible, on a daily basis every business day.
• Fast approval process. UCapital aims to process loan applications within 5 working days, with many simple applications processed within 24 hours.
• No deposit. No deposit is required for UCapital unsecured business loans.
• Aimed at opportunity financing. UCapital loans are aimed at businesses looking to take advantage of a time-sensitive business opportunity, such as purchasing stock at a reduced rate or financing the startup costs of a new business project.
• No hidden fees. The full repayment amount is set up-front, with no hidden or additional fees applying thereafter.
• Relaxed loan criteria. Rather than applying strict qualifying criteria, UCapital assesses the health and reputation of the business and offers funding on the basis that the business owners are motivated to maintain the good health and reputation of their business.
• Low-doc loan options available. For loan amounts under $50,000, no financials or business activity statements are required. Just three months of bank statements need to be submitted with the application.
• Flexible loan purpose. The loan funds can be used for any business purpose, which does not have to be disclosed to UCapital during the application process.
• Loan amount based on turnover. UCapital will generally lend 70-90% of a business's average monthly turnover.

How much does the loan cost?

Lenders offering business loans typically do not disclose their interest rates and UCapital is no exception. Interest rates can vary from loan to loan, based on the health and history of the business, its turnover, cash flow and its unique circumstances. A loan offer, including the applicable interest rate, will be made after the initial information is provided by the applicant.

UCapital takes applicants through this pre-qualification process before checking the applicant's credit file so that there are no unnecessary credit checks which could negatively affect their credit rating.

There are no hidden fees attached to the loans. The full repayment amount is negotiated before the loan is approved.

Businesses are free to pay out the loan early without incurring fees or penalties.

How to apply for the UCapital Unsecured Business Loan

When you're ready to apply for a UCapital unsecured business loan, simply click "Go to site" on this page to start the online application process.

First, consider UCapital's eligibility criteria:

• The business must have been operating for more than 12 months.
• Turnover is greater than $5,000 per month.
• Cash flow is regular, on a daily, weekly or monthly basis.

Make sure you have the following documents to hand before you apply:

• Your driver's licence.
• Bank statements for the past 3 months for loans under $50,000 and for the last 3 months for loans over $50,000.

Once your application has been approved, UCapital will send you a loan offer which will disclose the interest rate and full repayment amount for the loan. If the offer is accepted, applicants will generally receive the funds that same business day.

UCapital's unsecured business loan can be an excellent option for businesses looking for low-doc or short-term funding to take advantage of a business opportunity. Before applying, compare business loans to make sure you choose the best product for your circumstances.

Compare other unsecured business loans available in Australia

{"userFilters":[{"componentType":"MULTI-SELECT CHECKBOX","options":{"comparator":"contains","includeAllSelection":false,"defaultMatcher":"ANY","values":["8.95-10","6.95-8.94999","4.95-6.94999","0-4.94999"],"fields":[{"label":"[[FINDER_SCORE_BADGE|9+]] Excellent: 9+","value":"8.95-10","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|7+]] Great: 7+","value":"6.95-8.94999","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|5+]] Standard: 5+","value":"4.95-6.94999","comparator":"range"},{"label":"[[FINDER_SCORE_BADGE|0+]] Basic: 0+","value":"0-4.94999","comparator":"range"}]},"dataSelector":{"recordType":"PRODUCT","fieldCode":"FINDER_SCORE.FINDER_SCORE"},"dataType":"NUMBER","label":"Finder Score","queryParameter":"finderScore"},{"dataSelector":{"recordType":"UI_FILTER_COMPONENT","fieldCode":"SPECIAL_OFFERS"},"dataType":"BOOLEAN","label":"Special offers","componentType":"SpecialOffersFilter","config":{"VALUES":"1","fields":[{"value":"exclusive_only","label":"Finder Rewards & exclusives"},{"value":"all_offers_no_rewards","label":"All offers"}]},"options":{"comparator":"eq"},"queryParameter":"special-offers"},{"config":{},"dataSelector":{"recordType":"product","fieldCode":"GENERAL.PROVIDER_ID"},"dataType":"UUID","label":"Provider","order":100},{"config":{"MULTISELECT":true,"VALUES":"$0-10000, $10000-$20000, $20000-$30000, $30000-$40000, $40000-$50000, $50000 and above"},"dataSelector":{"recordType":"product","fieldCode":"TABLE_FILTER.BORROW_AMOUNT"},"dataType":"TEXT","label":"How much do you need to borrow?","order":null},{"config":{"MULTISELECT":true,"VALUES":"Haven\u2019t started yet, 0-6 months, 6-12 months, 1 to 2 years, 2 to 3 years, 3 years+"},"dataSelector":{"recordType":"product","fieldCode":"TABLE_FILTER.BUSINESS_AGE"},"dataType":"TEXT","label":"How old is your business?","order":null},{"config":{"MULTISELECT":true,"VALUES":"$0, $1 - $50000, $50000 - $100000, $100000 - $200000, $200000 - $300000, $300000+"},"dataSelector":{"recordType":"product","fieldCode":"TABLE_FILTER.BUSINESS_REVENUE"},"dataType":"TEXT","label":"How much does your business make per year?","order":null},{"config":{"MULTISELECT":true,"VALUES":"Secured, Unsecured"},"dataSelector":{"recordType":"product","fieldCode":"TABLE_FILTER.LOAN_SECURITY"},"dataType":"TEXT","label":"Loan Security","order":null},{"config":{"MULTISELECT":true,"VALUES":"1 month to 12 months, 1 to 2 years, 2 to 3 years, 3 to 4 years, 5 years and above"},"dataSelector":{"recordType":"product","fieldCode":"TABLE_FILTER.LOAN_TERM"},"dataType":"TEXT","label":"Loan Term","order":null}],"niche":{"currencySymbol":"$","decimalPoint":".","decimalPlaces":"2","thousandsSeparator":",","filterBoundsMap":{"product.GENERAL.PROVIDER_ID":null,"product.TABLE_FILTER.BORROW_AMOUNT":null,"product.TABLE_FILTER.BUSINESS_AGE":null,"product.TABLE_FILTER.BUSINESS_REVENUE":null,"product.TABLE_FILTER.LOAN_SECURITY":null,"product.TABLE_FILTER.LOAN_TERM":null}},"prefilled":false,"experimental":false}

11 of 11 results

Updated regularlyShare

Finder Score	Min. Loan Amount	Max. Loan Amount	Loan Term	Upfront Fee	Filter Values
9.5 Excellent Valiant Finance Business Terms Loans Exclusive	9.5 Excellent	$5,000	$500,000	3 months to 3 years	Variable, starting from $0		Finder exclusive: Enquire via Finder and settle a business loan of $50,000+ by 30 Jun 2026 to receive a $250 Mastercard Gift Card. T&Cs apply.	Enquire nowView details Compare product selection Compare	loading
5.5 Standard ebroker Business Loan	5.5 Standard	$5,000	$5,000,000	1 month to 30 years	$0 application fee		Small business loans available between $5,000 and $5,000,000. Get access to 70+ non-bank lenders on this independent platform.	Enquire nowView details Compare product selection Compare	loading
8.4 Great Prospa Unsecured Business Loan	8.4 Great	$5,000	$150,000	3 months to 5 years	3% origination fee		An unsecured business loan available up to $150,000 that can be funded in 1 business day. You must provide 6 months of trading history, 3 months history of existing business purchases and have a turnover of $6,000+ per month.	Go to siteView details Compare product selection Compare	loading
7.1 Great Great Southern Bank Business+ Unsecured Loan	7.1 Great	$20,000	$50,000	1 to 3 years	$495		ContinueView details Compare product selection Compare	loading
6.7 Standard Great Southern Bank Business+ Unsecured Overdraft	6.7 Standard	$10,000	$50,000		$495		ContinueView details Compare product selection Compare	loading
7.8 Great Sail Unsecured Business Loan	7.8 Great	$5,000	$150,000	3 months to 1 year	2.5% origination fee		Loan amounts of up to $150,000 with a fast approval and funding process. Bad credit options available.	ContinueView details Compare product selection Compare	loading
5.5 Standard Bizcap Unsecured Business Loan	5.5 Standard	$5,000	$7,500,000	3 months to 1 year	3% starting at $399		ContinueView details Compare product selection Compare	loading
5.2 Standard LoansOne Unsecured Business Loan	5.2 Standard	$5,000	$500,000	1 month to 2 years			A tailored, unsecured business loan up to $500,000 that can be funded in 24 hours.	ContinueView details Compare product selection Compare	loading
7 Great UCapital Unsecured Business Loan	7 Great		$300,000	3 months to 2 years			A business loan for small to medium enterprises. No security required for loans under $150,000.	ContinueView details Compare product selection Compare	loading
7.7 Great Accrutus Unsecured Business Loan	7.7 Great	$10,000	$1,000,000	3 months to 3 years	Available upon application		Borrow from as low as $10,000 and as much as $1,000,000 to fund your working capital needs with no security required. Interest rates start from 11.75% p.a.	ContinueView details Compare product selection Compare	loading
8 Great Westpac Unsecured Business Loan	8 Great	$5,000	$250,000	1 to 5 years	$250		An unsecured business loan with flexible repayment options. Requires having been trading for 12 months and an active ABN or ACN.omg	ContinueView details Compare product selection Compare	loading

loading

Load More

Showing 11 of 11 results

Compare other products

We currently don't have that product, but here are others to consider:

Looking for other options? Check out other similar products.

How we picked these

Finder Score for business loans

We assess over 150 business loan products for their rates, fees and important features, assigning them a score out of 10.

Read the full methodology