Springboard Capital Small Business Loan

Get an unsecured line of credit for your small business. Applications are made over the phone.

Springboard Capital offers an unsecured small business loan for businesses that are unable to meet the lending requirements of other financial institutions. It offers a range of specialised lending for small businesses including invoice financing, peer-to-peer lending, private debt funding and private equity funding. Their line of credit can be used to manage invoices and pay bills. Loan terms are short, from 1 to 3 months, and you can expect to pay interest charges on the amount used.

1 to 3 months

Loan Term

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Details

Product NameSpringboard Capital Small Business Loan
Max. Loan AmountNo maximum amount
Loan SecuritySecured
Loan Term1 to 3 months

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.

Name Product Min. Loan Amount Max. Loan Amount Loan Term Upfront Fee Filter Values
Swoop Finance Business Loan
$18,000
$90,000,000
3 months to 30 years
Depending on your loan contract
Apply online and borrow between $18,000 and $90,000,000. Options for good and bad credit borrowers.
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.
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.
ANZ Unsecured Business Loan
$10,000
No maximum amount
1 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.
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.
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.
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.
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.
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.
ANZ Secured Business Loan
$10,000
No maximum amount
1 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.
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
$500,000
3 months to 3 years
3% origination fee
Small business loans are available from $5,000 - $500,000 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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