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Unsecured Business Loans and Finance Across Australia

Universal finance have the lowest unsecured business loan interest rates in australia starting from 7.49% pER ANNUM

Universal Finance offer a range of unsecured business loans from 7.49% per annum. Don't pay the high interest rates being offered by other lenders in the market. Universal Finance are the unsecured loan & finance specialists for the fastest settlements and offer the lowest interest rates available. No real estate security is required, and our facilities are completely "unsecured" for our unsecured financing loans.

If you have an unsecured business loan with Prospa or any other investor and are paying high interest rates, then we have a solution to refinance their existing facility into one loan and reduce your overall monthly loan repayments significantly. Don't pay unnecessary upfront fees requested by other lenders and then they fail to deliver what they promise.

At Universal Finance, we understand unsecured business finance inside out so you can enquire with confidence knowing that you are dealing with a specialist.

Get the unsecured funding you need to take your small business further

Our new unsecured business funding products are ideal for any business purpose, regardless of whether you are a large business or a small business. Universal Finance has assisted thousands of Australians with their funding requirements since 1999. So, if you have been turned away by the banks or other investors or simply require a fast turnaround, call one of our friendly consultants today!

If you require any amount from $5,000 - $300,000 in unsecured finance, for any business, purpose we have made it easy to apply.

Dial (03) 9088 8369 or email your enquiry to to receive a letter of offer within the hour. You can also quickly and easily apply online.

Unsecured business loan lenders IN AUSTRALIA you can trust for a great deal

The unsecured business loans specialist in Australia

  • Interest rates starting from as low as 7.49% per annum.
  • Settlements within 24-48 hours.
  • 80% of Unsecured Business Loan enquiries in Australia go to Universal Finance before any other lender.
  • 63% of clients return to increase their loan.
  • $50 million of settled loans since release of the product.
  • Easy Online application process.
  • Submit bank statements electronically in minutes.
  • No tax returns or financials required.
  • No doc/Low doc income verification.

The lowest Unsecured Business Loan interest rates

  • Lowest unsecured Business Loan interest rates in Australia.
  • Established since 1999
  • No upfront fees
  • Unlimited defaults/bad credit acceptable and ignored
  • No penalty for early loan repayment
  • No security required *don't risk the family home for your Unsecured Business Finance requirements
  • Flexible loan terms 1 month to 7 years
  • No hidden fees
  • Complete your Unsecured Business Loan application via docusign for your convenience. You can sign electronically in minutes.

Universal Finance has now released its much-awaited loan product to Australians. We have access to thousands of private investors not available to any other lenders in Australia. Bad credit is not an issue and we do not do any credit checks for unsecured business loans for new or existing businesses. We will generally lend up to 200% of your monthly business turnover. Therefore:

Monthly business income = $50,000.00

Loan amount approval = $100,000.00

We believe our finance product is the fastest unsecured business funding option in Australia. We do not require any tax returns, financials or BAS statements to verify your income. We simply request 3-6 months of business bank trading statements to establish a facility for you.

Please call our office on (08) 8344 9508 to obtain an electronic application loan form and apply online, quickly and conveniently. You will also receive a link to submit your bank statements electronically in minutes or you can email your bank statements for assessment immediately. Upon receipt of the required application and business banking statements we will provide you with approval within the hour.

Most of our loans settle the same day with minimal time and effort required by the applicant. As your monthly business income increases you can increase your loan amount with us.

How an unsecured small business loan can help you achieve your goals

New businesses never have sufficient time or money. The bulk of small businesses that fail do so because they are not appropriately financed. Entrepreneurs face start-up costs as well as on-going costs, long before any revenue is generated. Additionally, almost all entrepreneurs tend to be overly optimistic about how their business will perform financially.

One of our unsecured start-up business loans can help your business grow and prosper, pushing it past the initial set up phase.

Unsecured Funding is not Merely for New Businesses or Start-Ups

You never know when you will need extra money and even long-established businesses can benefit from the right type of loan. Unforeseen costs can strike at any time and the speed of an unsecured loan is ideal. If your business needs to upgrade its computer systems or replace worn-out desks and chairs, an unsecured loan offers the flexibility to ensure your workplace and employees are set up for success.

Top ways our Business Loans & Funding Can Help your Business

Invest in the Right Equipment

In modern businesses, computer equipment becomes outdated very quickly. When you start your business, your emphasis should be on conserving cash and minimising expenses. However, you also need to ensure you can provide the best services and products for your clients, even through times of transition. An unsecured business loan is an ideal way to invest in the infrastructure of your business while maintaining your cash flow.

You Can Advertise your Expertise

Another major hurdle for small businesses is reaching their target audience. Marketing your business is crucial for ensuring it can attract customers, make sales and turn a profit. When your budget is tight, marketing can seem like a pipe dream and you feel your money is better invested in other parts of the operation.

With our Australia wide unsecured small business loans, you don’t have to choose between the present and the future. Marketing is one of many long-term investments your business can make to future-proof your company and help relieve some of the stress of entrepreneurship.

You Can Take Advantage of Opportunities

In business, having the funds ready to jump on an opportunity that presents itself is invaluable. It might be getting on-board a new system that will improve your business revenue or the chance to take advantage of a great deal. Unsecured loans aren’t guaranteed by any assets, which means there is less turnaround time. This makes them perfect when time is of the essence and your business depends on having the money to hand when you need it.

You Can Relieve Stress in Quiet Times

An unsecured loan is a simple and convenient way to smooth the path from quieter periods to your boom times. A huge number of businesses make the majority of their income during a certain part of the financial year. Our stress-free finance products can offer a safety net during the slow periods, providing peace of mind that fast finance is available if required.

You Can Avoid the Credit Card Trap

Often, the lure of a credit card can be too much for a small business owner to resist. The offers turn up in your email or your banking app and saying yes seems to be easier than turning it down. However, resisting the ease and promise of fast cash and opting for an alternative will be more beneficial in the long term.

With an unsecured loan, you have a fixed term and interest rate. You make your payment each month and it remains the same until you complete it or choose to refinance. Using a credit card means making sure you avoid interest by clearing the balance every month or suffering at a compounding rate as high as 25%.


Other reasons to choose an unsecured business loan include:

- The fast application process, because no security is needed. You do not have to itemise your holdings and the loan provider does not need to appraise any collateral. You can apply for unsecured financing online and the approval time is much speedier than a secured loan.

- The main feature of unguaranteed company financing is the lack of security. If you do not have collateral such as property or other fixed assets, it means you can liquidate or upgrade your equipment as you need without worrying about changing the loan your asset is secured against.

- The funds arrive quickly as there is less paperwork necessary. A straight-forward unsecured financing application can be approved and settled the same day in most circumstances. This makes it ideal when you want to act fast.

- Unsecured business loans can be a stepping stone to larger finance products. When you pay off a loan, it demonstrates your ability to manage finances and meet your obligations. Creating a strong relationship with your bank by successfully undertaking and completing lending will be helpful when you want to take a bigger step with your business and need finance on a larger scale.

How Unsecured Business Finance & Loan Funding can Aid your Business Plan

Success in business comes as a result of careful planning. You need to have a detailed plan that shows a clear definition of your ultimate goal. The plan covers what, why, where, how and when, giving you a direction and purpose for your business.

A major part of creating your plan is so that you know where your pain points are. These could be certain costs or time-consuming inefficiencies, the challenges of attracting clients, finding employees and all the things business owners have to deal with. This map of your business’s direction will help you anticipate when an unsecured cash injection could be useful to your organisation.

Planning Ahead is Easier When There is Unsecured Business Finance

For many start-ups and sole traders, living invoice to invoice is a reality and can be a difficult cycle to break free from. An unsecured business loan from a lender can help improve cash flow in the present and allow you to look beyond the unpaid invoice column in your accounts. With this increased liquidity, you can begin to invest in a marketing plan to increase your client base and other ways to grow your business.

Diversify your Business with Confidence Through Unsecured Finance

Once your business is up and running, keeping it moving forward is the next challenge. Often this means offering more products, better products or a wider service area. An unsecured business loan will give you the cash flow you need to keep your current clients happy while giving you the backing to move into other areas and continue to get bigger and better.

Expand your Operation the Right Way with a Tailored Loan

As your business matures and you move into the next stage of your plan, you might find it is time to make substantial changes. This can take many forms and for a lot of businesses, this will mean moving to a bigger office, employing more staff, opening new locations, or a combination of all three. You might want to do something as simple as refurbish with a coat of paint, lay some new carpet, or even move to new premises entirely. Whatever your plans, our easy to access funding provides the flexibility and speed to be ready when you are.

Sometimes you can’t Plan for it all but Unsecured Business Funding Can Solve That

Our bespoke, unsecured financial products allow you to cover even the most unexpected of bumps in your journey. Planning for the unexpected often amounts to simply understanding what options are available to you when a challenge presents itself. When it comes to unforeseen expenses, such as equipment failure or an accident, unsecured business loans can be the safety net you need, when you need it. Being unsecured makes it the fastest loan product available and gives you the flexibility to apply the funds where it is needed most.

Frequently asked questions

What are unsecured business loans?

An unsecured business loan is one that’s not tied to any of your assets such as property. You take out the loan simply with an agreement that you’ll pay it back as agreed. In general, unsecured business loans tend to be a lot faster to process, so they can be extremely helpful when you business gets into a short-term financial difficulty and needs help.

Is an unsecured loan right for me?

Like any financial product, you should make sure you carefully consider whether an unsecured loan is right for you. An unsecured loan can be a good way to deal with cash flow issues, and some businesses use them when they have a big, unexpected expense that they would rather pay off in instalments. Or they can be useful if you’re wanting to make an investment in your business, like a new piece of equipment, and want a simple way to borrow the money.

Before you borrow, you should have a clear plan in place for how to make your repayments and check that they are affordable.

Unsecured loans aren’t just for small start-ups or businesses that are in trouble. Universal Finance has worked with businesses of all sizes, from the brand new to long-established. All sorts of businesses can have reasons for needing an unsecured loans, and we are here for you when you need them.

What’s the difference between secured and unsecured loans?

The main difference between secured and unsecured loans is that a secured loan is backed by an asset. These loans are secured against a property, equity in a property, a car, or anything else of value. An unsecured loan is simply made through a contract, where you agree the amount and frequency of repayments.

Secured loans can take longer to process, as they are more complex, but in general they can allow you to borrow more money. This is because, if you fail to make the repayments, it’s easier for the lender to seize collateral, as per your agreement, so they’re more confident about lending larger sums.

Unsecured loans simply rely on an agreement, so they can usually be processed much more quickly, although they’re generally for smaller amounts. Many lenders will look at credit files and other information in order to make a decision, although Universal Finance will consider applications from business customers with bad credit and issues such as defaults.

How much can I borrow unsecured business loan?

The amount you can borrow for an unsecured business loan will depend on a number of factors. Some lenders will want tax returns, financials and lots of information before they decide how much they can lend. Universal Finance will ask for 3-6 months of business bank trading statements to help assess your level of affordability and what we can lend you. Our unsecured business loans can be for any amount between $5,000 and $300,000, with funds often available in your account in 24-48 hours, so you can get the cash into your business when you need it most.

Talk to Universal Finance to Find Out More About How We Can Help your Business

Find out more about our unsecured start up business loans and other finance products by getting in touch. Call (03) 9088 8369 or email to speak to one of our team. We will be happy to arrange a time to discuss your requirements and tailor a loan to suit your needs now and in the future.

Regardless of your credit situation, Universal Finance wants to help you. Talk to us today to find out what we can do for you, even if you have bad credit. We specialise in difficult loans and lending where other finances companies can’t.

Head Office Adelaide address: 3 Dequetteville Terrace, KENT TOWN SA 5067

Melbourne Office address: Level 40, 140 William Street, Melbourne CBD 3000 (By Appointment)

Sydney Office Address: 19-29 Martin Place, Sydney NSW 2000 (By Appointment)

Our service area for unsecured business finance is Nationwide.