Your industry has its own timing problem. We lend around it.
A builder waits on progress claims. A café gets hit by a slow winter and a quarterly BAS in the same month. A transport operator pays for fuel and tyres today and gets paid by the freight customer six or eight weeks later. A wholesaler pays the overseas supplier before the container is even on the water. The problem is rarely that the business is bad. The problem is that the money arrives later than the bills do.
Banks tend to treat every business the same way: years of financials, tax returns, a credit check, a valuation and a credit committee that meets when it meets. Cash flow lenders move faster, but they lend off your bank statements, so a seasonal dip or a lumpy month can sink the application or shrink the amount. Neither is built for a business owner who needs a specific sum, quickly, for a specific window of time.
Equity Tap lends from $50k to $5m for one to twelve months, secured by a first or second mortgage or caveat over Australian residential or commercial property. Because the loan is secured by property, we don't need tax returns, BAS, profit and loss statements, an accountant's letter or bank statements. We don't order a valuation before approval. We need ID, the property and existing mortgage details, what the money is for and how it will be repaid.
That makes the loan industry-neutral in the best way. We are not trying to squeeze your trading figures into a bank template. We look at the property, the purpose and the exit. If you are a builder whose exit is a final progress claim, a retailer whose exit is the Christmas trading period, or a wholesaler whose exit is the sale of a container of stock, we can work with that. Interest for up to the first six months can be prepaid or added to the loan, so there are no scheduled payments while the money does its job. Interest is not waived, and you see the full cost before you proceed.
We are business owners lending to business owners, not bank people. There is no credit committee, and the person who answers the phone is often the person who makes the decision. Conditional approval can often be given on the call, with a term sheet in about 30 minutes once we have the scenario. Eligible loans can settle in as little as 24 hours.
Pick your industry below for the pressure points we see most often, worked scenarios, typical exits and notes for brokers. If your industry isn't listed, call us anyway. The way we assess a loan works across almost every trading business in Australia.
Industry pages
| Industry | Common reasons owners call us |
|---|---|
| Builders and construction | Late progress claims, retention held back, materials and subbies to pay before the next stage |
| Tradies and trade businesses | Builders paying late, new ute or equipment, ATO catch-up, taking on a bigger job |
| Cafés and restaurants | Quiet seasons, fit-outs, buying a second site, payroll and supplier catch-up |
| Pubs, bars and hotels | Refurbishments, buying a venue, licence and compliance works, slow trading periods |
| Transport and logistics | Long debtor days, fuel and rego, truck repairs, new contracts that need more trucks |
| Medical and dental practices | Fit-outs, equipment, buying into or buying out a practice, partner exits |
| Childcare centres | Opening costs before enrolments build, subsidy timing, staff costs, buying a centre |
| Retail businesses | Stock before peak season, new stores, landlord make-good, supplier deals |
| Manufacturing | Raw materials for a large order, plant repairs, long debtor terms, new machinery |
| Property developers | Site purchase and settlement deadlines, deposits, holding costs, residual stock |
| Professional services | Work in progress, partner buy-outs, slow-paying clients, ATO debt |
| Automotive businesses | Workshop equipment, dealer stock, buying a workshop, floorplan gaps |
| Wholesale and import | Supplier deposits, containers, duty and landed costs, stock before sale |
| Franchise owners | Buying a franchise, refurbishment requirements, second sites, transfer costs |
What every industry loan has in common
- Short term on purpose. If you need the money for two months, take it for two months. See our short-term business loans.
- Secured by property. A first mortgage, second mortgage or caveat over residential or commercial property anywhere in Australia.
- A clear exit. Refinance, business cash flow, a sale, receivables or an insurance payout. Read how exits work.
- Difficult files welcome. Bad credit, defaults, ATO debt or a past decline are not automatically a problem. See bad credit business loans.
Brokers with a client in any of these industries can send the scenario through our broker page and get a fast indicative answer from the same lending team. Business owners can apply online or call 1300 123 024.
Business-purpose lending only. Approval, timing and terms depend on the scenario.
Frequently asked questions
Do you lend to my industry?
Do I need financials for my industry?
My business is seasonal. Is that a problem?
How much can a business borrow?
How fast can you lend?
Can my broker arrange this?
Brokers: send the scenario through the Equity Tap broker channel and you will deal with the same lending team.