Short Term Business Loans
When you need a business loan, but you only need it for 1 - 6 months.
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. All designed to make your life easier.
- 2-minute application
- Same day approval
- No financials or valuations required
- Aussie customer service
- Tax debts and poor credit score Ok
When to Equity Tap it
When you have an unexpected business opportunity & you need funds to seize the day.
When you need to settle on a property but your finance has fallen through.
When you're selling real estate, but you need the proceeds of the sale right NOW.
When your Bank approval is taking too long, and you need the funds by tomorrow!
Get The Required Financial Boost For Your Company With Short Term Business Finance
Online short-term business loans are secured or unsecured funding for those business owners who need finance urgently. An established or a start-up can apply for short-term business loans with bad credit to cover up sudden expenditures and unforeseen costs. This loan type is highly popular among business owners in Australia. Usually, the loans come with repayment terms varying from 1 to 12 months.
Short-term business funder like Equity Tap offers funds for genuine commercial use. We do not need access to the business’ revenue to determine if the borrower can comfortably repay the short-term business loan amount. The borrower has to pay the principal amount with the interest rate within the repayment tenure. We often allow business owners to repay the short-term Business loan online early and with no additional charges or penalties.
How To Use The Funds From Short-Term Business Loans?
Equity Tap offers business owners short-term business loans in Australia for expanding and growing companies worldwide. The borrowers can get a short-term business loan online amounting to up to 150,000 Dollars to make the business owners realize the company’s true potential. The bad credit short-term business loan provides the necessary cash injection into any business to meet the market’s growing demand and flourish it. Short-term business loans online with no credit check help business owners to achieve different dreams like:
To Update Your Office, Upfront or Workshop Space
Invest in developing a new and efficient workshop or give an uplift to your office with the latest machinery or technology with short-term business loans for bad credit.
Rebranding The Business
Short-term commercial loans also help business owners to rebrand their companies and products with new materials, marketing strategies or updated logos.
Stock Up Before On Season
Are you expecting some massive sales in the upcoming peak seasonal period? If so, expand your inventory and stock with short-term Business loans ahead of time.
So whatever the reason for applying for a short-term Business loan may be, Equity Tap has always got your back. Our primary focus as a reputed short-term business lender is to provide client-friendly services to borrowers.
Ways To Qualify For A Short-Term Business Loan With Bad Credit
Qualifying for short-term funding is simple and stress-free. No proof of income is needed to apply for short-term business loans with Equity Tap. Here are the following details we need prior to qualifying:
- Have to own a business registered with an ABN
- The company should be GST registered
- Permanent residency or citizenship in Australia
- Borrower’s identity proof
- Acceptable credit rating
- Trust deed if the company is run by a trustee
- Access to the ATO (Australian Tax Office) portal
You can increase your chances of getting your short-term business finance approved in the following ways.
- Demonstrate a plan to repay the short-term business instalment loans with bad credit
- Meeting all the lending criteria with a good credit rating
- Offering the equipment or asset details you want to purchase with a short-term business loan
- Offering a security or a collateral
What is The Approval Time For Short-Term Business Loans?
Equity Tap can provide a conditional approval within 1 hour and fund in 24 hours, no matter how big the loan.
We can guarantee highly competitive rates and pricing, along with ridiculously fast turnover time. To find out more about how Equity Tap differs from other private lending institutes, contact us today and speak to one of our experienced Customer Service Officers.
Be Equity Tap Eligible
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
- This fee starts from $2,500, and is calculated as a percentage of the total 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.