Approval possible in 2-4 hours

Loan amount up to $250,000

Interest from 7.99% P.A.

Daily, weekly, fortnightly repayments

No upfront credit check required

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What is a Quick Business Loan?

A Quick Business Loan is a financial solution that provides you funds up to $250K with bare minimum documentation, without any security needed. It’s tailor-made for business owners who are in emergency situations and need quick fix to solve their financial pains & cash flow issues. It allows you to maintain your focus on your business activities without being disturbed, knowing that the loan application is taken care of by us.

As a small business ourselves, we know that small businesses don’t have a lot of time. Leveraging our long-term relationships with 50+ lenders in the industry, we have the expertise to negotiate the best loan terms for your business possibly within 2-4 hours.

To be eligible for Quick Business Loans, you need to meet the following criterion

  • Have an active ABN
  • Operating for more than 6 months
  • Monthly turnover > $5K

Our loan guide

Quick Business Loans

Loan amount

$5k- $250k

Interest rates from

7.99% p.a.

Loan term

3-36 months

Pre-approval time

2-4 hours

Unconditional approval & settlement time

4-8 hours

Repayments

Daily/Weekly/Fortnightly

Security

Generally, no Security required

What you need to know

Can be used for

Buying stock/Inventory

Paying wages/rent

Expansion into branches or another unit

Renovating business premises

Other working capital needs

Documents required (low doc approval)

Up to $250,000 basis

Last 6 months bank statements

ATO statements

Valid identification proo

Documents required (full doc approval)

No risk of losing asset

Quick funding process

Least documentation

*The information provided in critical information sheet 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.

There’re many types of Quick Business Loan options - choose one that works best for you

To save your time, we have summarised the features and requirements of the most popular Quick Unsecured Loans to help you to make a decision. These loans are highly possible to be approved and get funded within 4-8 hours.

What you should know about Quick Business Loans

Have questions? Speak to our experts!

In urgent need of funds? Our Quick Business Loans can help you today!

Are you busy trying to keep up with your priorities? Studies showed that 93% of entrepreneurs take on multiple roles when they first started their ventures. Small business owners often wear a lot of hats and take on too many roles to keep their businesses up and running. Sometimes, it feels like your entire business is wrapped up in one person – yourself. It just seems impossible for you to even think about going through the lengthy process of loan application when you need the funds.

What if I told you our Quick Business Loans solution can help you secure the funds you need with a few basic documents within 2-4 hours?

And the best of all – the application only takes 1-2 seconds

What are the pros and cons of taking a Quick Business Loan?

Pros

No security needed - no risk of losing your assets

The quickest way to access funds up to $250K.

High chances of getting approved within 2-4 hours.

Low Doc funding

Funds can be used flexibly.

Regular on-time repayments help in building the credit history.

Cons

Security cannot be pledged to secure better loan terms.

Capping on the loan amount.

May not be a good use to solve a long-term business issue.

A quick business loan is generally offered for a shorter term.

Pricing could be higher

What documents are required to apply for a Quick Business Loan?

Generally quick business loans are of short-term nature and max out around $250k.

Hence, generally you can get a quick business loan approved basis low doc. In most of the cases you would just require the following documents

  • Last 6 months bank statements
  • Valid identification proof.

We don’t treat you like big banks do - we’re client-focused

Unlike banks, we don’t need you to provide us with every single detail of your business, and loan applications through Broc Finance don’t take weeks to process. We prioritise the comfort of our customers without having the need to do upfront credit checks in most of the cases. We want you to spend your valuable time on things that matter to you knowing that the financing is being handled properly by the experts on our team.

What are the reasons to apply for a Quick Business Loan?

Usually, small business owners are aware of the purposes of applying for a business loan. Every business loan is used differently, but generally, quick business loans are required to meet short-term stocking/working capital needs.

For instance, say if you have a seasonal business and you require immediate funds to stock goods, you can get a quick business loan to procure your goods and multiply your sales during the peak season.

As long as the business loan is expected to be used for business purposes, you’re entitled to apply for it.

If you are looking for short-term instant funding, a quick unsecured business loan is the right product for you.

Things to keep in mind to ensure your Quick Business Loan is approved without delay

Although quick business loans are the perfect finance instrument to provide you immediate funds. However, there are a few vital things that one should always avoid while applying for a quick business loan to ensure the application goes smoothly.

  • Randomly applying with multiple lenders at once
  • Not applying honestly
  • Excessive borrowing
  • Applying in quick succession.
  • Allowing multiple credit checks

Finding the business loan with the right rate, terms and amount could be stressful. To avoid any unwanted outcomes, we work with our customers to find the best-suited loan for their businesses and help them avoid these mistakes. Simply complete the application form or send us a message and one of our lending specialists will be in touch to discuss your financing requirement.

How to apply for a Quick Business Loan?

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!

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.
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.
Atulkumar Patel

Atulkumar Patel

I don't want to miss this opportunity to say About Saroj Work that he just made it impossible job into possible , I have got loan of 1.5 million event though I have very low credit score . Great work , and highly recommend for any kind of loan issues.
Tajinder Kumar

Tajinder Kumar

For those seeking a trustworthy and dependable financial broker, I would like to recommend Broc Finance. While their fees may be slightly higher compared to other brokers, I found that their personalized approach made it worth it. Broc Finance took the time to understand my specific needs and goals and tailored their services accordingly. Additionally, their prompt availability to answer any questions or concerns was greatly appreciated. Overall, if you're in search of comprehensive and professional financial advice, Broc Finance is an excellent option to consider.
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.
Mai Yang

Mai Yang

Absolutely wonderful service! Saroj was amazing with keeping us up to date with our loan application which was approved quickly without any hassle. I would definitely recommend Broc Finance!

Have questions? Talk to a specialist!

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Frequently asked questions

To get a quick unsecured business loan, you need to meet some basic qualification criteria. To be eligible for this business loan, you must:

  • Have an active ABN;
  • Be operating for more than 6 months.
  • Be turning over more than $5,000 per month in the last 6 months.

With the advent of technology, the small business loan application has become simple and paperless without any hassle to take any printouts. All you need is to submit some basic details related to your business by completing the online application form and last 6 months bank statement of your business transaction account through a secured link provided by us. Additional documents may be requested depending on the type of small business loan you are applying for.

Generally, quick business loans max out at $250k and are approved basis low doc. In most cases, you just need the last 6 months bank statements of your business and a valid identification proof to get approval.

The lenders understand the nature of urgency for small business owners. You may get a preapproval within 2-4 hours and the funds into your account within 4-8 hours as well.

The interest rate charged by the lenders differs from case to case depending on various risks associated with the business, like Industry, cash flow, credit history, asset ownership, and term of the loan.

For e.g. A borrower with poor credit history would be charged a higher rate of interest as compared to a borrower with a good credit history. However, in general, the interest rates typically range between 10-20% p.a.

Generally, a quick unsecured business loan is for shorter terms and can be anywhere between 3 months – 36 months. In most cases, unsecured business loans are offered for a 12-month period.

Traditional Banks generally do not offer quick business loans. This is because they maintain a strict screening process for loan applications, which makes it a difficult and time-consuming process for a small business owner.

Opposed to Banks, there are various non-bank lenders and fintech companies who specialise in providing quick business loans to small businesses. Broc Finance is dedicated to assisting small businesses with an easy and streamlined process to obtain a quick business loan through its panel of non-bank cash flow lending partners with possibilities of financing within 24 hours. Please get in touch to know more.

A Personal Guarantee (PG) is a legally binding contract from the key person /owner of the business as individually agreeing to be personally liable if the business cannot repay the debt.

Though you do not need to be asset-backed for a quick unsecured business loan, a lender would require a personal guarantee from the director/promoter of the business to mitigate their risks to an extent.

Lenders would only run a credit check only after obtaining consent from you. This may be either at the time of application or after getting a preapproval on your loan.

The loan application is obligation-free and there are no application costs involved. You’ll be charged an origination fee only after your loan is approved and disbursed into your account. The origination fees differ from lender to lender and generally range between 2%-4% of the loan amount. The origination fee is a one-off fee and is on top of the normal interest charged on the loan amount. Please contact us if you wish to know more details.

With advancements in technology, submitting a bank statement has become super quick and easy without compromising security. On receipt of the loan application, we would provide you with a safe and secure link to share your bank statement with us. This process makes the loan approval smooth and fast as we can receive your bank statement within minutes and proceed with the loan approval process instantly.

Please note: With increasing fraud and forged documentation, lenders are no longer accepting PDF bank statements.

Generally, lenders consider the cash flow of the business to arrive at your borrowing power. They look into various other fields such as your credit score, past bank dishonours, industry, number of years in the business, age of the promoter/directors, existing personal asset/liabilities, etc. to make a lending decision on the file.

Getting a business loan with bad credit history could be tough and expensive; however, it’s not impossible. We have tie-ups with lenders who are happy to look at businesses that had a bad credit history in the past but have robust cash flow at present. Please get in touch with us for a free consultation.

At Broc Finance, we endeavour to get the most adequate facility suitable to the business requirements of our clients. In most of the cases logged in through us, we try to get an indicative offer from the lender for our client’s consideration before proceeding with formal application and consent to credit check. This approach helps our clients to avoid unwanted rejections and credit checks which can significantly impact their credit scores.

We would be happy to answer if you have any other questions. Please contact us