Start Up Business Loans in Australia

Bring your dream to reality

  • Get up to $1,000,000
  • New Business? OK!
  • Same-Day Funding
  • Bad Credit? OK!
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Urgent Second Mortgage

Start up Business Loans - Fact Sheet

Suitable For
  • Start-ups
  • Established business owner
  • Commercial property investors
  • Bad credit history
Pre-approval Time
  • 1 hour to 2 hours
Settlement Time
  • 1 day to 3 days
Loan Term
  • 1 month - 36 months (including term extension)
Flexible Repayment
  • We can design a repayment plan that fits your cash flow.
  • This can be a periodical repayment (e.g. monthly), a lump sum payment or a combination of your choosing.
  • To ease your commitment and allow maximum flexibility, a loan term extension may be available.
Indicative Loan Amount
  • $10,000 to $100,000
Asset Eligibility Criteria
  • Real estate property (mortgaged OK)
Financial Statement
  • Optional
Dedicated Account Manager
  • Yes
Tax Deductible
  • Yes
Line of Credit
  • Available
Interest Rate
  • Our interest rate is as low as 1.50% per month.
  • We are very confident that our rate is one of the lowest in the market, if you do find a lower rate, let us know, we will try to beat it.
Save Interest
  • Pay-off loan early
  • Extra repayments lower the balance

What is a new business loan or start up business loan?

Start up business loan is very straightforward, it is one of the most popular products we offer here at Max Funding.Over 80% of Australians dream about owning their own business. However, the first challenge for many of these new business owners is the lack of funding. Typically business owners don’t have enough business experience and find it difficult to obtain loans from mainstream banks and lenders in Australia. Here at Max Funding, we understand these struggles new business owners are faced with. We have revised our criteria so that it is much easier for new businesses to get a loan from us. We are new business-friendly, and unlike traditional banks, we don’t require a business plan or a credit check for our pre-approval.

Banks not an option for start-ups

It is clear banks have turned a blind eye to start-ups. To these banks, new businesses are placed under a high-risk category, hence are more inclined to cater towards more well-established businesses that have demonstrated proven profitability within their full financial statements over the past 2-4 years.

Got bad credit record? We can still help.

As you might be aware, having a poor credit history can affect your ability to borrow. But at Max Funding, we would still like to give you a second chance. Whether you have 1 credit default, was bankrupted or have 10 defaults, apply online and get a decision instantly.
$142,546,168
Funding Requested

We have assisted many Australian businesses with millions in funding.

8,596+
Businesses Funded
We are dedicated to assisting business owners with their financial needs.
131
Industries Covered
Max Funding serves all industries operating in Australia.
Small_Business
Fast approval for new business loans from Max Funding

If you are seeking financial help for your start up business in Australia, Max Funding is your best choice.

Timing is crucial for your start-up, and Max Funding is committed to providing the best funding option tailored to your business needs. It’s easy – start with our quick pre-approval form. It can provide you with a good indication of your eligibility in just five minutes.

  1. Fill out our online pre-approval form – it’ll take only a few minutes to complete.
  2. Upload a few documents from your mobile or computer – make sure they are legible.
  3. Sign the contract, sit back and wait for the money to be deposited into your account, once we have done our final checks.

But if you apply with Max Funding, your problems could be resolved easily. We are willing to give start-ups a chance. Instead of a long waiting time, Max Funding provides same-day loans to assist you in starting your business as soon as possible. If you are interested in our services or have any questions, please do not hesitate to contact us.

Apply now
Why Max Funding?

When looking for start up business funding, Max Funding – Australian leading business lender – can help you. With many years of experience in business lending, Max Funding can walk you through the steps for starting a business and securing the initial financing your business needs. It is essential to the success of your business for you to have enough capital to fund activities to establish an initial client base. To alleviate these issues, consider our business loan for start-up.

Max Funding has been servicing the lending market for more than eight years, and we are friendly to small sized business.

Our experts understand every aspect of your business needs. Unlike big banks, which have long processing times for loan applications, our friendly specialists will contact you at your earliest convenience.

Finding the right loan for your business is not an easy task. However, Max Funding has made it easy for you. With our suitable loan terms that suit your business needs, we’ll devise a plan that suits your small start up business. Unlike traditional banks, we consider clients with bad credit – we believe your history does not define who you are today.  With no hidden charges. Max Funding has the loan product that’s right for you.

Apply now

What is a new business loan or start up business loan?

Start up business loan is very straightforward, it is one of the most popular products we offer here at Max Funding.Over 80% of Australians dream about owning their own business. However, the first challenge for many of these new business owners is the lack of funding. Typically business owners don’t have enough business experience and find it difficult to obtain loans from mainstream banks and lenders in Australia. Here at Max Funding, we understand these struggles new business owners are faced with. We have revised our criteria so that it is much easier for new businesses to get a loan from us. We are new business-friendly, and unlike traditional banks, we don’t require a business plan or a credit check for our pre-approval.

Banks not an option for start-ups

It is clear banks have turned a blind eye to start-ups. To these banks, new businesses are placed under a high-risk category, hence are more inclined to cater towards more well-established businesses that have demonstrated proven profitability within their full financial statements over the past 2-4 years.

Got bad credit record? We can still help.

As you might be aware, having a poor credit history can affect your ability to borrow. But at Max Funding, we would still like to give you a second chance. Whether you have 1 credit default, was bankrupted or have 10 defaults, apply online and get a decision instantly.

Business Loans - Frequently Asked Questions

Does pre-approval affect my credit history? 

Not at all. We can assure you we don’t ever look at your credit history when submitting application for pre-approval. All information that you provide to us is confidential and not shared with anyone or 3rd party.

Can I get a business loan with a bad credit score?

We have been providing bad credit loans to small businesses for 18yrs and believe everyone should get a fair go. Let us know of your situation and discover the solutions we can offer.

Does personal bad credit affect my business loan?

Personal bad credit is not the end. We have catered our loan criteria to consider every application. We work with you to find a solution that works for you.

How can I repair my business credit history?

There are few ways to improve your business credit such as making payments on time, and keeping track of your credit records. We can definitely help with improving your credit score. 

How long does it take to get approved?

You can get pre-approved in just 3 minutes with our smart system and a response within one hour during normal operating hours. You can choose to submit documents to speed up the verification process. Once signed contract is received and settlement condition fulfilled, the funds can be transferred to your account within 24 hours.

Am I qualified for a business loan?

If you are over 18 years, plan to open a business with ABN, chances are you are eligible for a business loan. We just require the funding to be used predominantly for business purposes.

What documents do I need?

Unlike traditional banks and lenders, we have made our application process hassle-free with minimal documents required. All you do is upload a few basic documents such as ID, asset documents (if applicable) and bank statements for verification. With our smart system, this can all be done with just your mobile phone. We’ll reach out if additional documentation is required.

Is it hard to get a business loan?

Not at all. For well established businesses, assets may not be required (unsecured business loan) as we consider the health of your business to determine credit worthiness. For new business loans and start up business loans, we generally require you to own a motor vehicle and/or real estate property and not part of any public debt agreement or bankruptcy.

Can two people get a loan together?

You certainly can and we generally encourage it. Applying with joint applicants can increase your chance of getting a loan and possibly increase your approval amount.

What are your interest rates?

Our interest rates are as low as 1.50% per month. We also don’t have any hidden costs and fees as we believe in transparency. Our loans are designed for small businesses like yours and do try to keep the rate as low as possible.

Can I pay off early?

You certainly can and we welcome it. There is no penalties or charges for early repayments. Instead, if you can pay off your loan earlier, you will save some interest.

Is interest paid on a business loan tax deductible?

Definitely. If the loan is used only for business purposes, all cost associated with a business loan are tax deductible.

Can I get a business loan as a self-employed?

If you are self-employed, our low doc business loan will be the solution for you. You can access funds with less paperwork, less waiting time and more flexible payment options to suit your needs and situations.

Can I get a business loan as a sole trade?

Absolutely! All you need to do is to fill out our 3 mins online application form. Once you get the pre-approval decision, simply provide some basic documents for verification.

What if I don’t have a business yet?

No problem! We offer start up business loans and new business loans solutions. If you can dream it, we can help you to achieve it.

We understand you and your business

With humble beginnings, we understand the struggles that small business owners are forced to endure. Helping Australian businesses grow is what we love to do. We do this through offering tailored solutions to businesses all over Australia.

We are the best alternative to banks.

Banks usually have long and difficult application with strict criteria. We provide an easy application process with pre-approval decision in less than 3 mins. What’s more, if you in a hurry, we are able transfer funds to you within the same-day if signed contract is received before 3pm AEST.

A more personal experience

Every business is different. At Max Funding, we offer different types of business loans tailored for different needs. Simply fill in our pre-approval form or contact us to find out how we can help you today.

Apply Now