Live capital Fixed Term Business Loan

Borrow from $5,000 up to $600,000 unsecured. Interest rates depend on your industry, credit history and loan term.

Live capital matches applications for business loans with 7 lenders on their panel, including Prospa, Capify, OnDeck, GetCapital, Lumi, Sail and Bizcap. You can borrow from $5,000 up to $600,000, with terms from 3 months to 3 years . This loan is unsecured and does not require an asset as collateral. The loan amount you’ll be approved for and interest rates depend on your industry, credit history and loan term. This means that if you have a poor credit score, you can still apply, but you’ll likely get higher rates and lower borrowing amounts than if you had good credit. There will also be an establishment fee. Fees and charges will depend on the lender, and will be disclosed by the lender you’re matched with.

$0

Upfront Fee

$600,000

Max. Loan Amount

3 months to 3 years

Loan Term

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Details

Product NameLive capital Fixed Term Business Loan
Min. Loan Amount$5,000
Max. Loan Amount$600,000
Loan SecuritySecured
Upfront Fee$0
Loan Term3 months to 3 years

How does the Live capital Fixed Term Business Loan work?

With this loan, you input basic business data, such as your business name, the amount you're looking for and your annual business turnover. Once you are contacted by a Live capital representative, they will let you know what loan amount you have been approved for. You agree to the payback terms which are set by the lender and you pay any interest on the outstanding loan amount.

It takes less than 10 minutes to apply for a Live capital Fixed Term Business Loan if you have access to the relevant business data.

Features of the Live capital Fixed Term Business Loan

Some of the features that are included with this loan are:

  • Access to a large range of lenders. Going through Live capital and getting the business loan that meets your needs provides you access to a large range of lenders that are willing to help you out. Live capital currently partners with three leading Australian lenders: Prospa, Capify and Sail. These lenders will do their best to meet your business needs.
  • Quick approval process. Once you submit your loan application, you receive a decision on whether your application has been approved within the next few hours. If you qualify for a loan, you can receive your loan funds within the next 24 hours. However, this depends on what lender you've gone with.
  • Flexible repayments. As you have access to a range of lenders, this means that you have some leeway with your repayment terms. Some lenders prefer to go with weekly repayments whereas others prefer fortnightly or monthly. You will know your repayment terms once you have been approved for the loan. You can tailor the payments in line with the cash flow of your business.
  • Large borrowing amount. The amount that you are able to borrow depends on your business circumstances and how healthy your business is. You can be approved for a minimum loan amount of $5,000 or a maximum of $600,000. However, Live capital factors in your monthly turnover, how long you have been in business and other business factors to determine whether or not you are able to pay off the amount you've applied for.
  • Straightforward application process. The application process for Live capital is very straightforward, as all that is required of you is that you submit your business data, the amount that you want to apply for and your ABN.
  • Unsecured loan. Any loan that you apply for through Live capital is unsecured, which means that you do not have to put forward any assets that you own in order to be considered for the loan amount you are applying for.

How much does the loan cost?

The fees that will be charged with this loan include:

  • An establishment fee. This fee is charged from the first day of your loan term.
  • A late payment fee. This depends on what lender you have been chosen to go with and will vary across the partnerships that Live capital have.
  • An early payment fee. Again, this depends on which lender you go with, but it's possible you will be charged for early repayment fees as well.

There are no fees for making a loan application with Live capital. The fees above are what you can expect once you have been approved for a business loan with one of the three partners that are available through Live capital.

How to apply for the Live capital Fixed Term Business Loan

The application process for a Live capital business loan is simple and straightforward. Start by clicking on "Go to Site" and entering the following details:

  • Choose the amount you want to borrow. This amount starts from $5,000 and ends at $600,000.
  • Enter in your monthly business revenue. Options start from below $10,000 a month to $100,000+ per month. These questions are being asked to determine whether or not you are eligible for a loan with Live capital.
  • Enter the age of your business.
  • Enter your business trading name.
  • Add some personal details, such as a phone number you can be contacted on and a working email address.

Once you have filled in your loan application, you will be contacted by one of Live capital's representatives who will let you know whether or not you qualify for a loan with one of its partners. You do not need to provide any documents with this loan application.

Live capital gives smaller businesses access to lenders that can help get the capital they need. Compare other business loans and figure out which one is best for your business.

Comparison of other business loans

Whilst we don't directly compare Live capital business loans, compare other business loans offering similar features.

Name Product Min. Loan Amount Max. Loan Amount Loan Term Upfront Fee Filter Values
Zip Business Loan
$10,000
$500,000
Up to 5 years
No establishment fee
Borrow up to $500,000 with loan terms of up to 5 years. Flexible weekly, fortnightly and monthly repayment options available with no early repayment fees.
ANZ Unsecured Business Loan
$10,000
No maximum amount
Up to 30 years
Subject to negotiation and will be detailed in your Letter of Offer
Apply for a loan from $10,000 with no security required and benefit from flexible repayment terms.
Moula Business Loan
$5,000
$250,000
1 to 2 years
2% Establishment fee
A loan of up to $250,000 that can be approved and funded within 24 hours. Available to businesses with 6+ months operating history and $5,000+ monthly sales.
Swoop Finance Business Loan
$1,000
$100,000,000
1 to 20 years
Depending on your loan contract
Apply online and borrow between $1,000 and $100,000,000. Options for good and bad credit borrowers.
ebroker Business Loan
$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.
ANZ Secured Business Loan
$10,000
No maximum amount
Up to 30 years
Subject to negotiation and will be detailed in your Letter of Offer
Benefit from a low rate when you secure this loan with property and/or business assets. Loans from $10,000 available.
Lumi Unsecured Business Loan
$5,000
$300,000
3 months to 3 years
2.5% establishment fee
Apply for up to $300,000 from Lumi and benefit from short loan terms, no early repayment fees and once approved receive your funds in just one business day.
Max Funding Unsecured Business Loan
$3,000
$30,000
1 month to 1 year
$0 application fee
An unsecured business loan from $3,000 that offers convenient pre-approval and no early repayment fees.
Valiant Finance Business Loan Broker
$5,000
$1,000,000
3 months to 5 years
$0 application fee
A Business Lending Specialist from Valiant Finance can give you access to competitive business loans from over 70 lenders. Loans between $5,000 and $1 million are available. Request a call – your loan can be funded in 1 business day.
OnDeck Business Loans
$10,000
$250,000
6 months to 2 years
3% of loan amount
Apply for up to $250,000 and receive your approved funds in one business day. Minimum annual turnover of $100,000 and 1 year of trading history required.
Octet Trade Finance
$100,000
$10,000,000
1 month to 2 years
Transaction fee 2.5%
Access a line of credit to pay suppliers in over 65 countries. Borrow from $200,000 up to $7 million.
Prospa Business Loan
$5,000
$300,000
3 months to 3 years
3% origination fee
Small business loans are available from $5,000 - $300,000 on terms of up to 3 years. At least six months trading history and a monthly turnover from $6,000 is necessary.
Westpac Business Loan
$20,000
$3,000,000
1 to 30 years
$0 application fee
Purchase a new vehicle, equipment or support your cash flow with a business finance solution from Westpac.
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