poppyWhat is a working capital loan?
Working capital is the cash your business needs to run day to day: stock, wages, rent, suppliers and tax. A working capital loan tops up that cash when money going out arrives before money coming in. Businesses also call them cash flow loans.
When businesses use working capital finance
- Seasonal stock: buying ahead of Christmas, summer or a sale period
- Supplier discounts: paying early to take up an early-order or bulk discount
- Slow-paying customers: covering wages while you wait 30, 45 or 60 days for invoices to be paid
- Quiet months: keeping your team on through a predictable slow season
- Bigger contracts: buying materials and paying staff before the first invoice
Borrow what the gap needs, not more
A working capital loan works best when it’s sized to a specific, temporary gap. We look at your bank data to see your real trading pattern, including seasonal highs and lows, and size the loan so the weekly repayment is affordable even in your quieter weeks.
If your cash flow gap is ongoing rather than temporary, a loan may only delay the problem. Talk to your accountant about whether pricing, costs or payment terms need to change first.
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
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.