Max Funding business loan rates and fees

Max Funding Unsecured Business Loan

Max Funding Unsecured Business Loan

  • Borrow up to $300,000
  • Get a decision in 5 minutes
  • Same day financing
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What happens when I click Go to site?
  • Clicking Go to site will take you to your Online Application on the product issuer's website. You do not need to be an existing customer of this provider to apply.
  • Your application will typically take you no more than 10-15 minutes to complete
  • You'll be given a decision on your application from the lender and you could have the money in your account within 24 hours.
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Financing can help you give your business some much needed fuel or give you a way to make investments to help it grow. If you're looking for a loan, Max Funding offers loans from between $2,000 and $300,000 at interest rates calculated monthly. The pre-approval process can be completed within five minutes and you also receive funds is also within a short turnaround time.

Product NameMax Funding Unsecured Business Loan
Interest Rate TypeFixed
Maximum Loan Term1 year
Min. Loan Amount$2,000
Max. Loan Amount$300,000
Upfront Fee$0 application fee
Loan SecurityUnsecured
CostsRates vary from 1.80% per month.

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 $2,000 to $300,000, 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.
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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.

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32 Responses

  1. Default Gravatar
    JasonDecember 19, 2018

    Good morning, could I please ask a few questions pertaining to business loans

    • Avatarfinder Customer Care
      MayDecember 20, 2018Staff

      Hi Jason,

      Thanks for reaching out to finder.

      Sure thing! Please feel free to post here your questions. Meantime, if you’re not pertaining to a particular lender, you can find information about business loans in the market on this page. From the page, there are different types of business loans you can compare as well as how business loan really work.

      In case you’d need a specific advice about business loan offered by Max Funding, you can contact them directly or visit their main page by clicking the ‘Go to site’ above.

      I hope this has helped.


  2. Default Gravatar
    MarcJune 8, 2018

    I am a qualified Carpenter in need of $ 10000 for tool of trade. I currently receive Newstart Allowance and would like to know if I’m eligible for assistance. My intention is to trade as a sole trader on a sub contract basis.
    Any information or advice in relation to this would be greatly appreciated.
    Thank you

    Marc Byron

    • Avatarfinder Customer Care
      NikkiJune 8, 2018Staff

      Hi Marc,

      Thanks for getting in touch!

      Being on Centrelink doesn’t mean you can’t get a business loan. If you have a solid business idea and can demonstrate its viability, you may be able to get the funding to make it a reality.

      You may check this page and this page to see what loan options you have.

      Hope this helps!


  3. Default Gravatar
    angeloApril 4, 2018

    Hi there

    I m currently on a Centrelink system and looking for a job.

    Would like to set up my own business and needed 50k unsecured business loan.

    p.s I do not have any assets.

    pls let me know if you are keen to consider.

    thanks Angelo

    • Default Gravatar
      Ash MunozApril 4, 2018

      Hi Angelo,

      Thank you for reaching out to us.

      A gentle reminder, we do not represent any of the companies that we feature in our pages.

      You may look at this page for Lenders that offers Business Loan to Centrelink recepients. There are also Peer-to-peer Business Loans listed at this page wherein the interest is risk based. It means that the higher risk you are to be funded, the higher the interest will be. The eligibility and approval will still depend on the Lenders and their assessment.

      Alternatively, you may check the Banks on this page to inquire regarding the loan option that they may offer you.

      I hope this helps.

      Please do not hesitate to reach out to us again if you have additional questions.


  4. Default Gravatar
    RichardMarch 28, 2018


    If I take out a business loan such as Max Loan, but only need some of it now, can the rest sit in redraw or offset so we only pay interest on the drawn amount like an overdraft?

    • Default Gravatar
      LiezlMarch 29, 2018

      Hi Richard,

      Yes, it’s possible if the business loan you apply for has a line of credit featuree that allows you multiple drawdowns and you only pay interest on the balance you use. For this particular loan however, the repayments will be tailored based on your business needs. You can discuss with them this option as well as the repayment plan that suits your business.


  5. Default Gravatar
    krishSeptember 11, 2017

    i am working full time permanent and i would like to start a commission agency (petrol station) looking to barrow around $80000+$50000 guarantee.

    so please let me know the eligibilities and processings.
    (including the time frame)

    • Avatarfinder Customer Care
      JoanneSeptember 11, 2017Staff

      Hi S,

      Thanks for reaching out. You may visit this link and this one right here to compare options. By clicking on “more” you should be able to view the requirement and guide in the loan process.


  6. Default Gravatar
    TrevorAugust 29, 2017

    Do you offer equipment finance to start up businesses?

    • Avatarfinder Customer Care
      DeeAugust 29, 2017Staff

      Hi Trevor,

      Thanks for your question.

      Max Funding offers loans for businesses for a wide range of day-to-day needs. They may help with equipment finance.

      Alternatively, you may also check this page to compare lenders that offer equipment financing.

      I hope this helps.


  7. Default Gravatar
    StephanieJuly 28, 2017

    Just wondering what the rate of interest is per month on a loan of $5000. I would need to know before applying for a business loan. Thanks so much.

    • Avatarfinder Customer Care
      RenchJuly 28, 2017Staff

      Hi Stephanie,

      Thanks for your inquiry.

      You can make use of the loan calculator on this page to give you an idea and you can also check helpful information from there.

      I suggest also contacting your preferred lender directly to enquire.

      Hope this helps.


  8. Default Gravatar
    MichelleJuly 25, 2017

    I have been bankrupt 20 years ago i have started a small business which is growing too fast i need a truck is there anyway i would be able to get a loan

    • Avatarfinder Customer Care
      HaroldJuly 26, 2017Staff

      Hi Michelle,

      Thank you for your inquiry.

      If you’re bankrupt you still may be able to apply for a business loan. These loans are larger, some for amounts up to $500,000, and are designed to finance a range of business purposes. You may want to consider your available options here.

      I hope this information has helped.


  9. Default Gravatar
    DorcasMay 14, 2017

    I Need A Business Loan To Improve My Business

    • Avatarfinder Customer Care
      MayMay 14, 2017Staff

      Hi Dorcas,

      Thank you for your inquiry.

      If you think you meet the eligibility criteria and requirements for Max Funding Business Loan, you can submit your application by clicking the “Go to site” button above.

      Moreover, if you want to compare your other business loan options and would want to discuss your eligibility, please contact a lender featured on this page.

      Hope this helps.


  10. Default Gravatar
    AsApril 11, 2017

    Hi, I have some questions
    1. I want to open a small restaurant and I need loan $25000-$50000
    Did I need something to secure the loans or how much limit loan without security ( because I don’t have anything property or something else)

    2. What documents need to submit to approve my loan.

    3. The loan for Australian citizens only or any Australian residents.

    4. I’m in Centrelink and work part time in Kmart.
    I want to open my own business because I want to change my life and want to out of Centrelink receivers

    Thank you

    • Avatarfinder Customer Care
      DeeApril 13, 2017Staff

      Hi As,

      Thanks for your question.

      The main eligibility criterion for Max Funding loans is to have sufficient income for repaying the loan. You also need to present 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.

      The maximum amount that you can borrow depends on the overall assessment by the provider of your financial condition.

      Max Funding Business Loan is for Australian residents only.

      You may also check our comprehensive business loan guide to help you out in the process.


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