Urgent Short Term Loans to Pay Your Staff on Payday
Pay your team on time while you wait for the money you are owed
Experts in strategic, short-term finance
When payday is close and a customer payment or progress claim has not arrived, we can fund wages and super in as little as 24 hours.
We fund payroll for businesses across Australia, from $250,000 to $10 million, as a short term loan or a line of credit. The loan is secured by property, and it is repaid when the late payment arrives.
Payday obligations
- •Fair Work says awards and agreements set weekly, fortnightly or monthly pay, and where they do not, employees must be paid at least monthly
- •Employees must be given a pay slip within 1 working day of being paid
- •Single Touch Payroll reports must be lodged on or before each payday
- •Under Payday Super, since 1 July 2026, super must reach the employee's fund within 7 business days of each payday
When payday falls before a customer pays
- •A major customer or head contractor pays late
- •A progress claim is held up in review
- •A new contract needs staff weeks before the first invoice is paid
- •A seasonal peak adds staff before sales arrive
Payday Super
Our payday super loans cover the super side of each pay run in detail.
Before payday
Enquiry. Tell us the payroll amount, the payday and the payment you are waiting for. If the numbers are clear, terms can follow within hours.
Valuation. We arrange a valuation of your property, usually within a day or two.
Letter of offer. Accept the terms and sign.
Funding. Funds can be in your account within 24 hours of signing.
What to have ready before payday
- •The payroll summary for the pay run
- •The customer invoice, contract or progress claim you are waiting on
- •Recent management accounts
- •The property you can offer
Loans for payroll
- •Secured business line of credit: to cover several pay runs, drawn and repaid as customer payments arrive
- •Caveat loans: when payday is days away
- •Bridging loans: for one large pay run with a known repayment date
- •Second mortgage: over your property, behind the existing bank loan
Payroll funding terms
| Loan feature | Detail |
|---|---|
| Loan size | $250,000 to $10,000,000 |
| Interest rate | From 9.7% p.a. on a first mortgage, from 11.95% p.a. on a second mortgage. The line of credit has its own fees |
| Term | 1 to 24 months, interest only, for a loan |
| Line of credit | Up to $2,000,000, 6 to 18 months, second mortgage only |
| Maximum LVR | 70% of the property value, including any existing mortgage |
| Security | A first or second mortgage, or a caveat, over residential, commercial or industrial property |
| Settlement | From 24 hours |
Repaying a payroll loan
The loan is repaid when the late payment arrives, or, for a line of credit, as payments come in.
Payroll loans we have funded
“When a customer pays late, we ask for two dates: the next payday and the date the customer's payment is due. If that payment is documented, we can fund the wages and super now and be repaid when it arrives. Call us as soon as you know the payment will be late, not on payday.”
Gino Tabila
Associate Director
Frequently Asked Questions
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Are you a broker? Find out why brokers love working with us.
Case Studies
$400K Second Mortgage Repaid in Full After a Flexible Two-Month Extension
$1.8M First Mortgage Releases $980K of Working Capital for a Solar Business
$2.3M Second Mortgage Refinances an 18% Facility for a Glass Manufacturer
$800K Bridging Finance for Simultaneous Property Transactions in 48 Hours
$300K Second Mortgage for Dental Practice Working Capital in 5 Days
$700K Working Capital for a Technology Start-Up Settled in 72 Hours
$3M Working Capital for IT Business Expansion Settled in 2 Business Days
$1.9M Commercial Property Acquisition for Growing Doggy Daycare Business
Get an indicative offer within hours, not weeks.
No credit check. No obligation.
Why Secured Lending?
Are you a broker? Find out why brokers love working with us.
Other Urgent Loans We Fund
Each page covers one deadline: what we fund, what to send us and how quickly we can settle.