Loan amount up to $500,000

Bad credit loans accepted

Financing for new businesses accepted

Approval possible in 24 hrs

Quick and Flexible Business Loans in Melbourne.

Broc Finance is a renowned business loan provider in Melbourne, Australia, offering a wide range of financing solutions to help businesses thrive. With their expertise and commitment to excellence, they have earned a reputation as a leading financial partner for businesses of all sizes. Business loans in Melbournestarts at $5,000 and are offered up to $500,000. You can get an approval on your business loan in 24 hours. Their team of experienced professionals understands the unique challenges and opportunities of the Australian business landscape and can tailor loan solutions to suit your specific requirements.

With competitive interest rates, flexible repayment terms, and a streamlined application process, Broc Finance can help you get that small business off the ground or fund your present company progress with a range of business loans starting at just $5,000. Don’t miss out on the opportunity to get funded now with Broc Finance, the leading business loan providers in Melbourne.

Explore the top 10 business loans in Australia

Business loans are essential requirements for any business looking for a growth. Sooner or later all the businesses come across a phase where they need to borrow from external sources like lenders, venture capitalists etc to transition into next phase of the grow. Generally business loans are one of the easiest ways to secure timely funding. However, at times, it becomes a tedious and time-consuming task to compare and choose from the right business loan product for your business.

Start loan application

Most popular

Unsecured business loans

An unsecured business loan can be obtained without the need of pledging any asset as a security.

No security needed

Hassle free approval

Less required documentation

Loan term 3-36 months

Borrowing limits

$5k - $500k

Interest rate from

7.99%

Term

3 - 36mths

Turnaround times

24 - 48hrs

Learn More

Small business loans

Financing option that provides a lump sum of cash in exchange for future repayment of the principal and interest.

Quick approval

Funding possible within 24 hrs

Less required documentation

Loan term 3-60 months

Borrowing limits

$5k - $1m

Interest rate from

7.99%

Term

3 - 60mths

Turnaround times

24 - 48hrs

Learn More

Secured business loans

Secured business loans are backed by security in any form and get more ideal terms because they are considered less risky.

Security required

Start-up/New businesses accepted

Flexible repayments

Loan term 3-60 months

Borrowing limits

>20k

Interest rate from

5.99%

Term

25 yrs+

Turnaround times

3 - 7 days

Learn More

Business line of credit

Like a credit card, the lender sets up a certain fund limit for business use. Your business can draw and repay the loan when needed.

No security needed

Hassle free process

Less required documentation

Loan term 3-60 months

Borrowing limits

$5k - $500k

Interest rate from

7.99%

Term

upto 5 yrs

Turnaround times

24 - 48hrs

Learn More

Invoice finance

This loan allows you to access funds in advance according to your invoices. Draw funds within a set limit and pay it off when the invoice is paid.

Similar to business line of credit

Up to 95% of invoice value

Either disclosed or undisclosed facility

Up to $150m

Borrowing limits

$10k - $150m

Interest rate from

9.99%

Term

Ongoing

Turnaround times

24 - 72hrs

Learn More

Debtors finance

Similar to invoice financing - the lender provides a limit against the accounts receivables ledger of the business to draw funds.

Similar to business line of credit

Up to 80-85% of receivables ledger

Up to $150m

Borrowing limits

$10k - $150m

Interest rate from

9.99%

Term

Ongoing

Turnaround times

24 - 72hrs

Learn More

Trade finance

Enables you to pay your supplier up to 100% upfront or in advance before receiving goods.

No security needed

Early payment discounts available

Flexible repayments

Reduced payment (FX risks)

Borrowing limits

$10k - $150m

Interest rate from

9.99%

Term

Ongoing

Turnaround times

24 - 72hrs

Learn More

Vehicle & equipment finance

A business vehicle or equipment loan is backed by the underlying purchased asset so no additional real estate security is required.

100% funding possible

Approval possible in 24-48 hrs

No doc approvals upto $250k

Primary & secondary assets

Borrowing limits

$10k - $1m

Interest rate from

5.99%

Term

2 - 7yrs

Turnaround times

24 - 48hrs

Learn More

Start-up business loans

For businesses with no active trading or trading <12 months. The loan is generally secured and required to be backed by a real estate security.

Real estate security needed

Funded up to 80% LVR

1st/2nd Mortgage options

Obtain an existing business

Borrowing limits

$20k - $30m

Interest rate from

1.5% p.m.

Term

3 - 24mths

Turnaround times

3 - 7 days

Learn More

Bad credit business loans

A second chance for businesses to recover and potentially improve your credit history if you have a current and consistent cash flow.

Shorter term 3-12 mths

Unsecured facility possible

Daily/weekly repayments

Approval possible in 24-48 hrs

Borrowing limits

$5k - $500k

Interest rate from

1.5% p.m.

Term

3 - 24mths

Turnaround times

3 - 7 days

Learn More

*The information provided above is intended as a guide only. Please contact us for more information.

Calculate your business loan estimate today

Simply slide the button or enter the loan amount and terms (in weeks) you are looking to borrow.

The estimated repayments are based on the annual percentage rate and are for indicative purposes only. They’re based on interests generally charged by the lenders in this space, however, every business is different and the actual repayment would depend on factors such as:

Industry

Cash flow

Trading time

Banking conduct

Credit worthiness

...and more!

Disclaimer: The calculation provided is for indicative purpose only. The interest rate and repayment may vary based on individual business risk profile.

$

$0

$1,000,000

weeks

0 weeks

156 weeks

Est. weekly repayments

Total you will pay

If you wish to get more accurate loan repayment figures, please complete your application form by filling out your loan details. One of our lending specialists will get in touch with you to discuss your requirements in detail.

What you should know about Business Loans

Have questions? Speak to our experts!

Are you eligible for a Business Loans in Melbourne?

In Melbourne, Broc Finance provides a variety of business loan choices. The eligibility requirements vary based on the loan package you select. Generally speaking, in order to be eligible for a business loan, you must:

Be in business for at least 6 months

Maintain your ABN current.

Generate at least $5,000 in trading revenue per month.

1.

Check your eligibility

Check the basic loan eligibility of your business and complete the application form which takes 60 seconds.

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2.

Submit your application

Once you complete your application form. We get in touch to discuss your business requirement and advice the documents required.

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3.

Get you approved as quick as 24 hrs

Once we get all the documents required, we login your application with the most suited lender and get the loan approval in as low as 24 hours.

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Get pre-approved without any credit checks!

We service all across Australia

Select which city you're located to learn more about our services!

Real results with real people.

Niteesha Nagowah

Niteesha Nagowah

We had an incredible experience working with Saroj from Broc Finance. He is incredibly knowledgeable, responsive, and guided us through the purchase of our company vehicle with expertise. The attention to detail and commitment to finding the best possible options truly set him apart. Highly recommend his services for anyone navigating the complexities of obtaining a finance. Thank you again for outstanding assistance.
Manpreet Kaur

Manpreet Kaur

Our sincere thanks to Saroj ji & his team for their invaluable assistance in securing the loan. We are extremely greatful for his exceptional service & support throughout the process. Highly recommend!
Matthew

Matthew

Broc Finance were awesome…really responsive and solutions focussed. We especially appreciated having a broker who was an advocate for our interests when engaging with lenders.
Ibrahim Alpay

Ibrahim Alpay

Saroj and his team is amazing have been using him for business funding for over a year he has found surprising solutions when others couldn’t make it happen very skill full with negotiating high loan amounts that I would never expect at wonderful terms and rates look no further I recommend broc finance for your business lending purposes look no further and don’t think twice much appreciated won’t go to any other broker at all many thanks to his team !!!!!!
vishal srivastava

vishal srivastava

We have used Broc Finance over last 2 years for various business line of credits and vehicle loan. Broc finance have been very professional in this journey. They have understood our needs as business and catered the solutions as per requirement . They look around in market and get one the best financial solution for the business be at vehicle of line of credits . I would strongly recommend the business for there services
Nasir sabiry

Nasir sabiry

Thank you very much in helping me with financing a car SAS. You have been very professional and responsive every time I needed information. Fully recommend to any looking to finance a car.
Ajay Kanumuri

Ajay Kanumuri

I would strongly recommend. Saroj Shah helped to get my loan with in span of three days. He was very supportive and clearly explained the loan process.
Scott Filby

Scott Filby

Excellent experience with the service of Saroj! He did all the hard work and helped me find what I required. Saroj offered excellent suggestions and went the extra mile with his advice, which won my respect and helped in achieving the outcome required.

Have questions? Talk to a specialist!

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