Secured Business Loans for Australian Businesses
Need a larger loan with flexible repayments? A Secured Business Loan lets you grow your business—even if your credit history isn’t spotless.
Loans of $30K to $5M
No up-front credit checks
Funds in as little as 24 hours
At Get Approved Loans Australia, we offer Secured Business Loans designed to provide fast and flexible funding for Australian businesses. Whether you need to expand operations, upgrade equipment, or cover short-term cash flow gaps, our secured loans help you access the capital you need quickly and at competitive rates.
Why Choose Our Secured Business Loans?
- Loans from $30,000 to $5M—whether you need a small loan or a large amount to scale, we offer the flexibility to suit your business’s needs.
- No upfront credit checks—apply with confidence and receive a conditional offer without affecting your credit score.
- Funds available in as little as 24 hours—get quick access to capital when you need it most.
- Early payment discounts—we reward you for paying off your loan early with significant discounts.
Secured Business Loans: How They Work
A Secured Business Loan is a loan where you pledge an asset, such as property or equipment, as collateral. This allows us to offer larger loan amounts and more favourable terms compared to unsecured loans. Since the loan is backed by collateral, the risk to the lender is lower, meaning businesses can benefit from faster approval, better rates, and larger loans.
These loans are ideal for businesses that have valuable assets and need quick access to capital, but don’t want to risk losing assets in the process. If you have assets such as commercial property, inventory, or machinery, they can be used as security to help secure the funding you need.
Common Uses of Secured Business Loans
Secured business loans are versatile and can be used for various business needs. Some common uses include:
- Business Expansion: Use the funds to open new locations, expand your services, or hire additional staff to meet growing demand.
- Equipment or Vehicle Purchases: Invest in new equipment or vehicles that will help your business operate more efficiently and scale faster.
- Working Capital: Improve your business’s cash flow by covering daily operational expenses or bridging gaps between customer payments and supplier invoices.
- Refinancing Existing Debt: Use a secured loan to pay off or consolidate higher-interest debt, reducing monthly payments and improving cash flow.
- Real Estate or Property Investments: Purchase commercial real estate, land, or property for your business’s future growth.
- Renovations or Upgrades: Fund property improvements, business upgrades, or maintenance work to keep your business operations running smoothly.
Funding Criteria for Secured Business Loans
To qualify for a Secured Business Loan with Get Approved Loans Australia, your business needs to meet the following criteria:
- Active ABN/ACN: Your business must be registered and operating legally.
- At least 5 months of trading: We require your business to have been operating for a minimum of 5 months, ensuring stability and a history of business activity.
- Sufficient collateral: The loan must be secured with an asset of value, such as property or equipment, which can be used as collateral.
These requirements ensure that we can offer your business the best loan terms possible and secure the funding you need without unnecessary delays.
Key Benefits of Secured Business Loans
- Fast and Friendly: Get funds approved in as little as 3 hours! Our loan specialists are always available to guide you through the process and ensure a seamless experience.
- Get Funds and Move On: Apply in just 3 minutes, link your bank statements, and get back to running your business. Once we receive your information, we’ll be in touch to discuss your personalised loan offer.
- High Approval Rates: Even if you have a bad credit score or existing loans, we focus on your business’s overall financial health to assess creditworthiness, ensuring you have a high chance of approval.
- Zero Credit Checks: We can make you a conditional loan offer without running a credit check. This means there’s no impact on your credit score, giving you peace of mind during the application process.
- Early Payment Discounts: We believe in rewarding businesses that pay off their loans early. Unlike other lenders who penalise early repayments, we offer discounts of up to 65% for paying off your loan faster.
- Flexible Repayments: Choose from daily or weekly repayment plans that are tailored to suit your business’s cash flow. With flexible terms, you can ensure that repayments won’t negatively affect your day-to-day operations.
Common FAQs About Secured Business Loans
What is a Secured Business Loan?
A Secured Business Loan is a type of loan where your business offers assets (such as property, equipment, or inventory) as collateral. This helps secure a larger loan with more favourable terms because the lender has the assurance that they can recover their funds if the loan is not repaid.
How fast can I get the funds?
Once approved, your secured business loan can be funded in as little as 24 hours, allowing you to quickly access the capital you need for business growth.
Can I apply for a Secured Business Loan if I have bad credit?
Yes! We look at your business as a whole when assessing creditworthiness, not just your credit score. Get Approved Loans Australia offers high approval rates for businesses, even if they have existing debt or poor credit.
Do I need to undergo a credit check?
We offer no upfront credit checks, which means you can receive a conditional loan offer without it affecting your credit score. This gives you the freedom to explore funding options without the worry of damaging your credit.
What types of assets can be used as collateral?
Common assets used as collateral include property, vehicles, equipment, and inventory. If you have valuable assets in your business, they can be used to secure your loan and ensure favourable terms.
How much can I borrow with a Secured Business Loan?
You can borrow from $30,000 to $5 million with a Secured Business Loan from Get Approved Loans Australia, depending on your business’s needs and the value of the assets you provide as collateral.
Are there any early repayment penalties?
No, we actually offer discounts for early payouts. If you pay off your loan early, we’ll reward you with savings, unlike other lenders who penalise you for doing so.
Apply for a Secured Business Loan Today
If you’re looking for fast, flexible, and secure financing for your business, Get Approved Loans Australia is here to help. With loans from $30K to $5M, funds available in as little as 24 hours, and no upfront credit checks, our Secured Business Loans are designed to meet the unique needs of Australian businesses.
Apply today to get started on your loan application and access the capital your business needs to grow and succeed. Let us help you achieve your business goals with fast and affordable funding solutions.