Springboard Capital Small Business Loan

Springboard Capital provides flexible finance for small businesses that are unable to meet the lending requirements of other financial institutions.

Springboard Capital offers an unsecured small business loan, which can be tailored to meet the needs of many different small businesses. It offers a range of specialised lending for small businesses including invoice financing, peer-to-peer lending, private debt funding and private equity funding.

How does the Springboard Capital Small Business Loan work?

Applications are made over the phone, either by calling Springboard Capital directly or by leaving your details on the contact section of the website. Springboard Capital will use the business data you provide during the application to decide if funding is appropriate for you.

If you are approved, funding will be provided directly to your bank account in accordance with the terms agreed to during the application. Repayments are flexible and can be matched to the circumstance of your business.

Features of the Springboard Capital Small Business Loan

Springboard Capital focuses on providing specialised lending to small businesses and is willing to work with businesses that are ineligible for other forms of lending. Here are some of the features of a small business loan from Springboard Capital:

  • Unsecured loan. You won't be required to provide any assets or collateral to secure your loan.
  • Flexible line of credit. Loans can come in the form of a line of credit, which is useful for managing invoices and paying bills.
  • Specialist lending. Access specialised business finance such as private debt funding, private equity funding and strategic investors.
  • Small business. Work with an Australian small business and don't get lost in the bureaucracy of large financial institutions.

How to apply for a Springboard Capital Small Business Loan

A Springboard Capital Small Business Loan can only be applied for over the phone. To be eligible for a loan you will need to:

  • Be an Australian business
  • Have a fair credit history

To apply, you will need to provide basic business information and financial records such as:

  • Monthly cash flow statements
  • Business registration certificate
  • Details of other loans and liabilities
  • Gross annual turnover

Springboard Capital provides an alternative financing option for small businesses that are unable to get funding from banks. However, there are many other non-bank lenders to choose from, so be sure to compare all your available options before deciding on the loan product that's right for you.

Business lenders you can compare

Whilst we don't compare the Springboard Capital Small Business Loan directly, use the table below to see how they compare against other loans.

Updated February 17th, 2019
Name Product Min. Loan Amount Max. Loan Amount Loan Term Application Fee
$5,000
$250,000
3 months to 2 years
$0
A business loan available up to $250,000 that can be funded in 1 business day. Must have a turnover of $6,000+ per month and provide 6 months of trading history, 3 months history for existing business purchases.
$5,000
$1,000,000
3 months to 5 years
$0
A Small Business Lending Specialist from Valiant Finance can give you access to competitive business loans from over 60 lenders. Loans between $5,000 and $1 million are available. Request a call – your loan can be funded in 1 business day.
$5,000
$250,000
6 to 18 months
$0
A convenient business loan that gives you access to your approved funds in just 48 hours on average.
$5,000
$250,000
6 months to 2 years
$0
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.
$10,000
$400,000
3 months to 2 years
$0
Benefit from a fixed interest rate and no upfront fees with a loan available up to $400,000. Must have been operating for at least 18 months and have turnover over $200,000.
$10,000
$500,000
6 months to 2 years
Initial draw down fee
A flexible business loan up to $500,000 with convenient top up and redraw facilities. Business must have been operating for 9 months+ and have monthly sales of $10,000+
$5,000
$500,000
6 months to 2 years
Initial draw down fee
A business loan up to $100,000 for unsecured loans, or $500,000 for secured loans that you can use for any business purpose. Transparent costs and redraw facility available.
$10,000
$250,000
6 months to 2 years
2.5% origination fee
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.

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