poppyWhat retailers borrow for
- Seasonal stock: Christmas, back-to-school, summer ranges and end-of-financial-year sales
- Supplier discounts: early-order and bulk discounts that need payment up front
- Store fit-outs: shelving, lighting, signage and a refresh that lifts sales
- A new location: the bond, fit-out and opening stock for a second store
- Technology: a new POS, inventory system or website
Timing stock purchases
Retail cash flow is lumpy: you pay for stock months before you sell it. A short-term loan bridges that gap. We look at your past trading to see when your busy months usually arrive, and suggest a term that lines up with them.
If a supplier discount is part of the reason you’re borrowing, compare the saving with the cost of the loan. Sometimes the discount covers a good part of it.
How it works
- Check eligibility. Tell us about your business in a 3-minute form. No documents and no credit check at this stage.
- Connect your bank. Share read-only business bank data through a secure link, so we can see how you actually trade.
- Review your offer. You get one summary: the loan amount, the term, your weekly repayment and the total to repay, including all fees.
- Get the funds. Sign online and the money is paid to your business account.
Who can apply
- A registered business in Australia (with an ABN) or New Zealand (with an NZBN)
- Trading for 6 months or more
- Around $10,000 or more in monthly sales
- A business bank account with regular deposits we can see
- The loan is for a business purpose, not personal or household spending