Unsecured Loans
Credit extended without asset security being provided against the funding.
Use Our Brokers for the Right Unsecured Business Loans
Commercial enterprises have a range of expenses, purposes and purchases for which they require credit. Many of these are for purposes that do not have an asset to provide as collateral for the funding. Credit without security is available for a wide range of purposes, providing operators with a workable solution when required.
Why Jade Finance?
Apply Online
The easy application process provides you with comprehensive information. Make a fully informed decision on your business loan.
Get Pre-Approval
Save time, money, and worry - Get Pre-Approval for your finance. You'll be good to go when you find your dream venture.
Business Loan Specialist
With over 25 years of experience in finance, we have a reputation for negotiating great rates with same-day approvals.
Overcome Lending Challenges with Tailored Financial Solutions
But with the rates higher than for secured funding and with such a vast commercial lending market providing options, operators can face a challenge to find the right lender, the most suitable product and most importantly – the best interest rates. Using our broker services can overcome those issues and result in a flexible, individually sourced and negotiated solution at the best available rates.
Many of our customers, who previously found applying direct to their bank for this type of credit a daunting and expensive experience, quickly appreciate the outstanding benefits of having our brokers handle their funding requirements. Contact us to discuss how we can assist you.
Key Features of Unsecured Business Finance Solutions
Flexible, workable funding for wide range of commercial expenses and purposes.
Request Quote
Interest Rates
Interest rates usually higher than for a comparable secured option.
Fixed Rates
Fixed rates can be negotiated by your Jade broker to ensure cost-effective repayments.
Jade 80+ Lender Base
The cheapest offer is sourced by your Jade consultant from across our 80+ lender base.
Best Loan Terms
Fixed funding term, negotiated to best suit objectives. While some lenders only offer up to 3 year terms, our brokers work on achieving a term that suits our customer requirements.
Cash Flow Advantages
Fixed monthly repayments to provide certainty for budgeting cash flow and future investments.
Flexible Conditions
Flexible conditions negotiated with ability to finalise the commitment before the end of the term without fees.
Lender Credit Limits
Lenders have their own criteria for maximum and minimum credit limits. Your Jade consultant will be negotiating to achieve approval for your preferred credit total.
Many Lender Options
Approval criteria varies across the lender market. If one bank or lender has rejected your application, speak with us. We know the lender matrixes and can find the right lender to suit your profile.
Unsecured Loans
A range of commercial credit facilities are available to consider as alternatives to funding without security.
Compare Our Competitive Rates for Unsecured Business
Funding without security typically attracts higher interest rates than a comparable secured option. A factor that means finding the lowest rates on the market a high priority.
Operators can refer to our current rates to compare all types of credit products to assist in making decisions as to which is the better option for their purpose.
For a specific quote for your requirements, call us on 1300 000 008.
Business finance guides and resources
Our guides offer quick comparisons and simple explainers to help you cruise through the financing process with confidence.
Business Car Finance
↥
![Businesswoman in office clothes working on her smartphone while sitting in the back seat of a car]()
Unsecured Business Loans for Many Types of Expenses and Purposes
Commercial enterprises require funding for many purposes where security is not available or suitable. As specialists in the commercial lending market, we know which lenders will best suit the purpose and the operation and make the best offers in regard to rates and terms and conditions.
Contact a Jade broker for more details.
- Temporary cash flow shortages.
- Training and marketing programs, research, product development.
- Consultant and professional fees.
- New capital to grow the operation.
- Software and other systems not suited as funding collateral.
- Stock and supply acquisitions.
- Asset acquisitions not accepted as suitable collateral by lenders.
↥
![Business Finance Solutions Across Australia]()
Types of Bank and Non-Bank Unsecured Business Financing
Credit extended without security is when a physical or tangible asset or goods are not provided as collateral. This facility may take the form of a line of credit or a specifically structured funding format for a specific purpose.
Both banks and non-bank lenders provide this type of credit but the matrix for approving applications and the rates and terms do vary. Some lenders will make assessments on the basis of the strength of the cash flow, turnover or performance of the operation. The purpose or reason for the funding may also be considered by lenders.
For some enterprises, another form of security will be requested. This may be in the form of assets owned by the enterprises, personal guarantee from the enterprise owner or by other arrangements. Your broker will be handling these discussions and negotiations and will discuss the best options with you.
Rates will be higher than for secured credit facilities but with fixed rates, fixed terms and fixed repayments, highly workable outcomes can be achieved. Tax benefits will be dependent on the specific funding purpose, with interest and lender fees usually deductible.
Contact us to discuss the type that will work best for you.
- Fixed rates, fixed terms, fixed repayments.
- Negotiated maximum and minimum loan limits.
- Flexible conditions individually negotiated.
↥
![Modern millennial man in stylish casual clothes using smartphone and laptop computer]()
Get the Right Unsecured Business Loan from 80+ Lenders
Our accreditations with over 80 lenders, our 25+ years in commercial lending and our highly skilled brokers, enables our team to secured the most affordable funding outcomes for our customers. All sized enterprises are welcome to use our services, Australia-wide, and receive the full benefit of our vast resources, expertise and experience.
Begin by requesting a Free Finance Quote.
- The right lender from a selection of 80+.
- The right loan limit, rates, terms and conditions negotiated.
- Highly skilled broker company providing Australia-wide services.
- We’re working for you and in your best interests.
↥
![A group of business people sitting around a table in their office having a meeting to discuss business loans]()
Use Our Calculator Tool and Get Fast Unsecured Business Financing Approvals
How to Use Our Calculator Tool to Estimate Unsecured Loans for Business
To assist in preparing budgets and honing plans, we have provided a handy credit calculator. Users can enter the value of the credit they require, preferred term and our current rates to instantly receive estimates on repayments.
Fast Unsecured Business Financing Approvals
We move promptly to action all customer requests to ensure quick quotes and fast approvals. Many approvals are received within 24 hours.
Speak with one of our brokers or submit an online request today.
| Lender | Loan Product | Interest Rates From | Monthly Repayment |
| {{Lender}} | {{Loan Product}} | {{From - Advertised Rate}}{{Rate Type}} | ${{Payment Amount}} MONTHLY |
|
{{Lender}}
{{Loan Product}}
|
||
| {{From - Advertised Rate}}{{Rate Type}} | ${{Payment Amount}} MONTHLY | |
THE INTEREST RATE IS CALCULATED ON A SECURED LOAN PREDOMINATELY FOR BUSINESS USE, EFFECTIVE 19/09/2024 AND SUBJECT TO CHANGE. WARNING: THE INTEREST RATE IS TRUE ONLY FOR THE EXAMPLES GIVEN AND MAY NOT INCLUDE ALL FEES AND CHARGES. DIFFERENT TERMS, FEES OR OTHER LOAN AMOUNTS MAY RESULT IN A DIFFERENT INTEREST RATE.
We work harder to secure the best rates.
Unsecured Business Loan FAQs
-
Secured funding has the asset being purchased as the collateral against the credit extended. Funding without security is not secured by the goods being acquired. Other collateral may be required by some applicants.
-
The purposes for funding with security include non-tangible purchases such as services, fees, training programs, some supplies and materials, development expenses and similar expenditures.
-
An ABN is essential for all forms of commercial credit. Lenders will assess cash flow, turnover and the financials of the operation when approving applications.
-
Rates are higher on credit facilities which are not secured by the assets being funded.
-
Yes. Staff training programs would be considered a typical purpose for applying for credit without security.
-
Operators may consider overdrafts, lines of credit or credit which is secured by other assets or property owned by the enterprise.
-
Some lenders may request that some enterprises provide collateral. This may be assets or property owned by the enterprise or the owner of the enterprise.
-
Some banks only approve up to 3 years but other non-bank lenders can approve longer terms.
-
Yes. All types of commercial entities are eligible to apply for all forms of commercial credit.
-
An overdraft may be suited for shorter term support while a credit arrangement over a fixed term may suit a longer term purpose.
-
An online credit calculator can be used to get estimates on all types of commercial funding.
-
If the interest rate is at a fixed rate it will not change over the term. If it is at a variable rate, it may change in line with lender rate changes.
-
Banks and lenders have individual criteria for the amount of credit they will approve for their portfolio of facilities.
-
A personal guarantee may be considered as suitable collateral and may be requested in some cases. Subject to individual lender guidelines.
-
Interest on commercial credit is usually deductible. Whether or not repayments are deductible will depend on what the credit is utilised for.