What is the maximum amount I can borrow without property security?

You can borrow up to $100,000 on an unsecured basis through Zool Capital. For loan amounts exceeding $100,000, real estate security is generally required to support the application.

Can I use a Zool Capital loan to purchase an existing business or franchise?

Yes, Zool Capital specialises in business acquisition and franchise finance for entrepreneurs looking to buy into an existing operation. Unlike traditional banks that focus solely on historical data, Zool Capital evaluates the growth potential and management experience of the buyer.

What is the minimum trading history required to qualify for a loan?

Your business must have been trading for a minimum of 6 months with a valid ABN to be eligible for financing. You will also need to demonstrate consistent revenue during this period through bank statements.

Are there fees for paying back my business loan early?

No, Zool Capital generally does not charge early repayment fees on their business loans. This allows you to settle your debt early and save on interest costs without incurring financial penalties.

How quickly can I receive funds after my application is approved?

Funding can be released in as little as 24 hours once your application is approved and all legal documents have been signed. The initial pre-approval process is often completed within 2 hours of receiving your inquiry.

What documents do I need to provide for the application?

You will need to provide your ABN or ACN, 6 months of business bank statements and a valid form of Australian identification such as a driver's licence. For larger or secured loans, you may also be required to provide full financial statements and an acquisition plan.

Does Zool Capital charge an upfront assessment fee?

Yes, an assessment fee of approximately $1,200 may be applied during the application process. This fee is typically refundable at settlement and is used to cover the costs of evaluating the loan structure.

Zool Capital P2P Business Loan Review: fees and features

No reviews yet. Write a review

Compare Zool Capital business loans

1 of 1 result

Finder Score	Min. Loan Amount	Max. Loan Amount	Loan Term	Upfront Fee	Filter Values
6.2 Standard Zool Capital Business Loan	6.2 Standard	$25,000	$2,000,000	6 months to 4 years			Apply for a loan from $25,000 to $2,000,000 Repayments are made in monthly instalments over a period of to 4 years.	View details Compare product selectionCompare	loading

Showing 1 of 1 result

Looking to grow your business?

Compare now and find a better business loan.

Latest deals

How to apply for a Zool Capital business loan

When applying online for a business loan, you'll need to meet key criteria:

Being at least 18 years of age
Having an active Australian Business Number (ABN) or Australian Company Number (ACN)
Able to supply details of revenue, turnover and any relevant securities for the loan

Frequently asked questions

Sources

Thank you for your feedback!

Written by

Elizabeth Barry

Journalist

Add to Preferred Sources

Elizabeth Barry is an experienced journalist with over 10 years of expertise in personal finance, contributing to outlets like the ABC, Sydney Morning Herald, and 7News. She holds a Master of Arts in Creative Writing and a Bachelor of Arts in Communication from the University of Technology Sydney, and has earned multiple award nominations, including a Highly Commended recognition at the 2017 Lizzies. Elizabeth began her career at Finder in 2013, progressing through roles to become Lead Editor, where she oversaw a wide range of personal finance coverage until 2024. See full bio

Elizabeth's expertise

Elizabeth has written 181 Finder guides across topics including:

Banking
Personal finance
Investing

More resources on Finder

Ask a question

Click here to cancel reply.

Display name

Your email (will not be published)

Your question

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.

2 Responses

KayeJanuary 31, 2025

What is your interest rate for unsecured business loan?

Finder

SarahFebruary 4, 2025Finder

Hi Kaye,

Your interest rate will depend on your business income and debts, the amount you wish to borrow, and other variables. You should contact Zool Capital for a personalised quote. Hope this helps!

More guides on Finder

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.
Business debt consolidation loans
Business loans for debt consolidation can help you manage your debts and save your business money.
The lowdown on cash flow finance
If your business is suffering from poor cash flow, consider one of several cash flow finance options to tide you over while waiting for your invoices to be paid.
Pharmacy loans: What are they and is it right for your business
Thinking of buying a pharmacy? Check out this guide to choosing the right pharmacy and finding the right pharmacy loan.
Low doc business loans
We’ve written about how you can get a business loan without providing extensive documentation.
Guide to loans for businesses in decline
Experiencing a business downturn? Your guide to finance.
Spot factoring
Is your business in a cash flow squeeze? Find out how spot factoring can ease your cash flow troubles in as little as 24 hours, even if you have no collateral.
How to split profits in a small business partnership
What you need to know about dividing profits in a small business partnership.
Compare loans to buy an existing business
Find out how to achieve your small business dreams by getting funding to buy a small business.
$20,000 business loans
There's a range of options available for you to finance purchases for your small business, so find out how best to pay for assets under $20,000.

Zool Capital P2P Business Loans