Tap the equity in your real estate.
Need urgent funds for your business or investment? Apply for a short term business loan now.
No payments for up to 6 months
You can take an Equity Tap loan from 1 month, right through to 12 months. Best of all we can prepay the interest during the first 6 months.
- No valuations or financials
- Loans up to 12 months
- Funding from $50k up to $5m*
- LVR up to 75%
- 1 hour approval
- 24 hour settlement
- No repayments until maturity^
- Repay early or extend the loan FEE FREE
- No hidden fees or charges
Simple online process
It's quick, easy and secure. Tap the equity in your property in 24 hours!
- 2-minute application
- No financials or valuations required
- Approval in 1 business hour
- Australian customer service team
- Tax debts and poor credit score Ok
When to Tap the Equity in your home
When you have an unexpected business opportunity & you need funds to seize the day.
When you need to settle on a property but your bank finance has fallen through at the last minute.
When you're selling real estate, but you urgently need the proceeds of the sale right NOW.
When your Bank approval is taking too long, and you need the funds by tomorrow!
Extend Your Business With A Wide Range of Business Loans From Equity Tap
Australian business loans from Equity Tap offer funds you might need for growing your company. You can use the business funding for purchasing equipment, stock, start-up cost, and tools or pay your staff salary. With an extensive array of various business lending alternatives, Equity Tap has the solutions to meet client requirements of all sizes and shapes. Our experienced loan specialist team members will guide you throughout the application process for time approval of your funding.
In other words, business funding is one of the best tools to take your business to the next level. If you are a start-up, an urgent business loan will support the borrower in covering the initial costs and taking your company forward. In the case of an established enterprise, a business fund can assist you in expanding your operations, covering additional expenditures or upgrading the equipment. Thus whatever your goal is, Equity Tap as a business loan lender will assist you in achieving them sooner.
How To Use The Funds From The Business Funding?
You can use the business funds from Equity Tap for various reasons.
- Supporting the working capital
- Purchasing emergency stock
- Covering up the invoice gaps
- Renovating or restructuring the premises
- Repairing machinery or equipment
- Paying the due of the suppliers or the staff
- Managing the late payment of the customers
- Buying office or factory furniture
- Marketing or advertising campaigns for a website
How To Apply For Private Business Loans From Equity Tap?
While applying for business funding, you need to follow the below steps for easier and faster approval.
Apply Online or Offline
You can fill out our online application form or contact us by phone or email to apply offline. The process is quite simple where it requires is only a few minutes to complete.
Get Approval
Upon complete verification of your submitted document, our credit team will approve the funds and transfer them directly to the borrower’s account.
The total amount the borrower can apply to a business loan lender depends on particular business circumstances. Our team considers different factors to identify your business health and determine the loan amount. You can get a total loan amount varying from $100,000 to $10,000,000.
How To Get Business Funding With Bad Credit?
At Equity Tap, we do not believe that your past should affect your future. That is why we always look at the borrower’s whole story to find out more reasons to say yes to them. Even as a business owner with a history of bad credit ratings, we will approve funding to assist your company in growing. You will be surprised to know the different options for urgent business loans you have in Equity Tap, even with a bad credit rating.
Fees And Other Charges Associated With A Private Business Loan From Equity Tap
There are no hidden charges for the business funding offered by Equity Tap. The borrower will know when and how much you should pay to the lender from the first day. As long as the borrower makes all the repayments within time, there will be no extra fees or compound interest on the loan. However, loan interest rates can vary because of several factors like the capital borrowed, how long the company has been operating, the amount of sufficient cash flow in the business, the company niche, and the creditworthiness health of the business.
Equity Tap offers an option to prepay the first 6 months of interest payments. Some business owners find this alternative flexible. The prepaid interest period allows the borrower to fix any urgent cashflow problems and takes the pressure off servicing the interest rate monthly for the initial 6 months.
The borrower can also select to repay their entire business loan early. Our financial experts will help you in this process by providing you with early payout figures and repayment details. The amount will be the total of the remaining principal and the interest rate till the date of early payout and any other outstanding fees. We always want to help you in keeping your business moving. In this entire loan application process, the borrower will remain in control.
Be Eligible to Equity Tap
All types of business owners can Equity Tap!
- Sole Traders
- Partnerships
- Companies
- Property Purchases*
- Have sufficient equity in real estate
- Have a company or ABN
- Be an Australian Citizen or Permanent resident over the age of 18
- Be borrowing against a property in Australia or New Zealand
- Have a government ID, such as a passport or drivers licence
We lend in most metro and non-metro postcodes in every state and territory in Australia, and right across New Zealand. However we can’t lend in some remote areas, on huge acreages, on workings farms, or where the population or recent property sales are very low.
- A rates notice for each property
- Photo ID for each person on title
- A recent Mortgage Statement
- A certified copy of the Trust Deed
- A copy of the Contract of Sale
- Evidence of paid deposit
- Evidence of remaining funds to complete purchase
- If residential, property must be purchased in a company name
Equity Tap Loan fees
- From 1.5% per month
- Interest is Pre-Paid for up to 6 months, so you don’t have to pay a cent during the first 6 months of the loan term
- From 1% of the loan amount + standard legal costs*
- These costs are capitalised into the loan, so you don’t need to pay them up front.
NIL – because we do not do valuations. Ever!
All included in the legal fees.
Complete our online application to find out what fees may apply to your unique scenario.
Don’t worry – it doesn’t cost anything to apply, and we do not do a credit check on application.
Our team are here to help.
Weekdays 9.00am – 5.30pm AEDT
1300 123 024
Simply APPLY ONLINE and we will immediately commence work on your loan.