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.

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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

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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

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Written by

Elizabeth Barry

Journalist

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

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Elizabeth has written 185 Finder guides across topics including:

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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!

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