Business Loans
For any acceptable business purpose. Not just a loan – a totally flexible solution.
KNOW NOW what you qualify for and what it will cost or
browse all our 7 finance solutions
SME Cash provides general purpose loans for any reasonable business use or purchase, helping your business get ahead and grow, whilst also serving to meet working capital needs.
SME Cash Business loans are shorter team general purpose loans which assist with those unexpected expenses such as expensive repairs, fast approaching bills including the ATO, payroll growth, costs related to business expansion and pre export finance.
However, you may be needing a loan for a particular purpose (eg new equipment) and in this case your Business Loan requirements will be best matched to one or more of our other financial solutions. Click on the following links for more information on plant & equipment, auto finance, trade finance (import /export), inventory finance, insurance premiumpay and invoice (debtor) finance. With our 7-product finance ‘shop’ we make sure you get the right solution for your needs.
Importantly, all SME Cash limits can act as a revolving line of credit. This means that businesses can use the loan products at their own convenience by drawing down any amount up to their limit. As the loan is substantially paid back a new limit is available to drawdown. This requires an easy upload of your financials.
The SME business loan, supporting your cash flow
Import Finance
We live in a global world and when buying overseas you probably see some great products or great deals that you would like to take advantage of, but not sure where to find the cash?
Your TOP 5 Imported Selling Items (SKU’s) can be funded without a purchase order based on proven sales.
SME Cash provides an import finance solution so you can avoid the hassles of dealing with banks for a Letter of Credit. Importing your goods on the strength that you already have a Purchase Order or have an established group of outlets for the imported goods is an additional benefit.
Top 5 SKU’s funded… No purchase order.
Import finance is provided via SME Cash trade finance and/or can be supported with an invoice finance facility. Enjoy the benefits of import finance solution and negotiate the right price for the right products to help your business increase profit margins.
We also offer a supply chain solution which includes your import finance facility to help your business generate a seamless cash flow from end to end.
How It Works?
- You supply SME Cash with necessary verified documents such as Purchase Orders, top SKU’s report or more.
- SME Cash funds the overseas supplier with our Banks Letter of Credit (L.O.C) or equivalent.
- The funds are repaid to SME Cash through your loan or invoice finance facility.
Features
- TOP 5 SKU’s funded without a purchase order (PO).
- Payment options to suit the transaction.
- Qualify for Import Finance and all SME Cash finance solutions, including invoice finance within 5 minutes by answering a few simple questions.
- Paperless & online application process to ensure secure and fast processing.
- Loans available from $25,000. Loans above $250,000 require an invoice finance facility.
- Another benefit of your loan is that it can work as a revolving line of credit. Draw down amounts up to your limit and once a reasonable amount is repaid a new limit is available to you. This requires an easy upload of your financials.
Requirements
- In Business and Registered for GST at least 2 years.
- Have at least 1 year of history in import trading.
- Documentary Credits to be provided and verified.
Export Finance
Do you export and each time wait anxiously to receive payment so that you have the money to purchase new materials?
Export Finance is supported substantially by an Invoice Finance facility. SME Cash will include a portion of your Invoice Finance Debtors Ledger as “Export Buyers”.
SME Cash can help your global trading if you are exporting local manufactured goods, special one-off orders or finished goods. Up to 90% of your goods can be funded. Export finance will improve your cash flow so that you can meet your financial obligations, continue to trade comfortably and keep growing your business.
Export up to 90% of goods funded.
Confirmed Purchase Orders from your overseas customers makes the process even quicker and easier.
With our online speedy and secure processing system, you will know almost immediately what you qualify for.
Features
- Available to businesses with minimum $150,000 annual turnover.
- Include in your Invoice Finance Facility with extended terms for payment.
- Minimum loan of $25,000.
- Qualify for Export Finance and all SME Cash finance solutions within 5 minutes by answering 10 simple questions.
- Paperless & 100% online application process to ensure more secure and faster processing.
- Another benefit of your loan is that it can work as a revolving line of credit. Draw down amounts up to your limit and as you pay back the loan, a new limit is available to you.
Requirements
- Invoice Finance Facility with SME Cash to cover all your customer receivables.
- In Business and Registered for GST at least 2 years.
- Have at least 1 year of history in exporting trading.
- Documentary Credits to be provided and verified.
- Insurance in certain cases.
Features
- Daily, Weekly or Monthly Payment options to match your business and revenue.
- Qualify for a Business Loan and all SME Cash finance solutions including Invoice Finance within 5 minutes by answering a few simple questions.
- Paperless & 100% online application process to ensure more secure and faster processing.
- Loans from $5,000 to meet your business needs.
- SME Cash can payout other lenders to consolidate existing debts, providing a more flexible solution for growth.
- Loan terms are taken over 12 months.
Requirements
- In business and Registered for GST at least 2 years.
- Subject to SME Cash credit assessment.
- Optional Invoice Finance facility (Should have account receivables) or security over the business is required for Loans above $50,000.