★★★★★Trusted by 400+ Australian businesses

Private Working Capital Loans, Funded in 24 Hours

Cash flow to keep the business running while you wait to get paid

Experts in strategic, short-term finance

Finance within

24 hours

Loans from

$250k to $10M

Rates from

9.7% p.a.

Terms

1 to 24 months

Most businesses that call us are not in trouble. The revenue is contracted, invoiced or sitting in stock. It simply arrives after the wages, the supplier and the ATO do. A working capital loan closes that gap so the business keeps running at full speed instead of slowing down to match its slowest payer.

A bank reads that gap as a serviceability question and takes weeks to answer it. We read it as a timing question, and the answer comes back the same day. We lend our own money, hold our own credit authority and do our own valuations, which is why a file can go from enquiry to settled inside 24 hours rather than sitting in a queue while the deadline that prompted the call goes past.

What You Can Use It For

•Pay the team on time through a revenue dip, a seasonal trough or a late progress claim
•Clear supplier invoices that have gone past terms and put the relationship at risk
•Buy stock and inventory ahead of a peak period or a large order
•Purchase equipment, tooling or a vehicle the next job depends on
•Fund an expansion: a second site, a fit-out, a new line, more people
•Cover an ATO bill, BAS or superannuation obligation before it escalates
•Meet legal, settlement or professional costs that fall due before the money lands
•Move on a time-sensitive opportunity that will not wait for the next receipt

Who We Lend To

Business purpose only. Beyond that we are considerably broader than a bank:

•Companies and trusts, including layered or otherwise complex structures
•Businesses with seasonal, lumpy or project-based income
•Borrowers whose credit history is imperfect where the equity is there
•Self-employed borrowers without a full set of current financials
•Businesses recently declined by a bank on serviceability rather than on the numbers
•SMSF borrowers, subject to the usual compliance requirements

What It Costs, and How Long It Runs

•Loan amounts from $250,000 to $10 million
•Rates from 9.7% p.a., interest only, so the monthly cost stays predictable
•Terms from 1 to 24 months, with 3 to 6 months typical on a working capital file
•Up to 70% LVR
•First and second mortgages, so an existing bank loan can usually stay where it is
•Same day assessment, and settlement within 24 hours on a clean title

The Security Does Not Have to Be the Business Premises

This is the point most borrowers are surprised by, and it is what opens the door for any business that leases. The loan is secured by a first or second mortgage over residential, commercial or industrial property, and that property does not need to be the premises the business trades from. A director can offer a home or an investment property instead, held personally, in a company or in a trust.

What the money then pays for is a separate question. Stock, wages, equipment, suppliers and tax are all ordinary uses of a working capital facility, and none of them is what the loan is written against.

Working Capital Loans With Bad Credit

A business that has been short of cash for a while usually has a credit file that shows it. Late payments, a default, sometimes an ATO listing. A bank treats that as the answer. We treat it as context, then look at the equity available and what repays the facility. Full financials are not required on an asset-backed file.

→Reading the early signs of financial distress in a business →bad credit business loans

Industries

Industries We Service

Working capital for builders and contractors

A working capital loan pays wages, subcontractors and materials across the weeks between doing the work and being paid for it. We lend against the yard, the office, or a director's own property, as a first or second mortgage.

It is repaid when the progress claim is certified and paid, or at practical completion. A slow certifier and a retention held to the end become a timing problem rather than a reason to stand a crew down, and because we lend our own funds the answer does not wait on a committee.

A working capital loan can help you:

Pay wages and subcontractors between certified progress claims
Buy materials for a job that will not be invoiced for weeks
Carry a retention that is being released later than the contract said
Fund a variation while it is still being argued
Keep a crew on through a certifier delay rather than standing them down
Clear an ATO position that would put a licence or a tender at risk

Private lending for Construction

A working capital loan can help you:

Pay wages and subcontractors between certified progress claims
Buy materials for a job that will not be invoiced for weeks
Carry a retention that is being released later than the contract said
Fund a variation while it is still being argued
Keep a crew on through a certifier delay rather than standing them down
Clear an ATO position that would put a licence or a tender at risk

Private lending for Construction

"Most working capital deals we do are for businesses trading perfectly well that are simply waiting to be paid. A builder whose progress claim has not been certified yet. A wholesaler who has paid for a container that is still on the water. Tell us the amount you need, the property you can offer and roughly when the money comes in, and we can usually get terms back to you the same day."

Gino Tabila

Associate Director

Frequently Asked Questions

No, and it describes most working capital files we fund. Profit and liquidity are different things, and a business can be comfortably profitable while the cash sits in debtors, in stock, or in a progress claim that has not been certified. We look at the equity available and at what closes the gap, not at this month's bank balance. A Thursday deadline reached on a Monday is achievable.

Yes, and it is the most common question we get on working capital. The security does not have to be the property the business trades from. A director's home or an investment property works, held personally, in a company or in a trust. Retail, wholesale and professional services businesses almost always borrow this way, because the shop, the warehouse or the rooms are leased.

Yes. Once the facility settles the money is yours to deploy, and equipment, a fit-out, a second site, a new product line or extra staff are all ordinary uses. We do not restrict spending to a category, and we do not drip-feed the funds in stages as invoices come in, which is what separates this from equipment finance or a construction facility. We only need to understand the business purpose before settlement.

No. Our security is real property, always, taken as a first or second registered mortgage. Stock, debtors and equipment are what a working capital loan commonly pays for, which is a different question from what secures it. If no property is available anywhere in the group or the family, we are not the right lender and a debtor finance provider will serve you better.

An overdraft revolves and is priced off your trading history and serviceability, which is what makes it slow to arrange and easy to lose in a bad year. A working capital loan here is a single short-term advance, sized to a specific gap and repaid by a specific event. If you want the revolving structure rather than a one-off, our secured business line of credit is the closer product.

Whatever brings the money in. The common ones are a progress claim or retention being released, a season trading through, a large debtor settling, an asset sale, or a refinance to a bank once the financials support one. We need it documented and dated rather than hoped for. An exit that depends on winning work you have not won yet is the one we cannot write.

Not on an asset-backed file. Where the equity is there and the exit is clear, we can proceed without a full set of financial statements or up-to-date tax returns. That matters for seasonal businesses whose accounts look alarming in the wrong quarter, and for anyone whose last return is not yet lodged.

Yes. A second mortgage sits behind the existing first and leaves it untouched, which avoids break costs and avoids reopening a facility that is priced well. The combined position needs to stay inside 70% of assessed value, and the existing lender has to consent to the incoming second. We deal with that consent as part of the process.

Up to 70% of assessed value, less anything already registered. On a property assessed at $2 million carrying a $900,000 first mortgage, that is roughly $500,000 available before costs. Assessed value governs it, not the rates notice and not what a selling agent suggested, and because our valuers are in house you get that number early rather than at the end.