Urgent Short Term Loans to Pay Your Staff on Payday

Settlement can follow within 24 hours of signing the letter of offer, and we tell you within hours of receiving the property details and the bank's payout figure whether we can proceed. Whether Friday is achievable depends mainly on how quickly the property can be valued and the bank provides its payout figure and discharge. Call us today with the property address, the bank's payout figure for the overdraft and any other loans it holds, and the wages figure. One loan can repay the bank at settlement and leave the balance with your business for the pay run, within 70% of the property's value.

• →Refinancing a lender that has appointed a receiver

Yes. A loan settled in December can pay the pre-shutdown payroll, and the customer payments in late January repay it, a term of about two months. Settle it early in December rather than in the final week, because solicitors and other lenders also close over Christmas. Send the payroll summary for the shutdown pay run and the customer invoices due in January.

• →Urgent finance settled two days before Christmas

Yes, where the site's property supports the loan within 70% of its value. The loan funds are paid to your business, which pays the final entitlements, and the sale of the site repays us. Ask your employment lawyer or accountant to confirm each employee's entitlements and when they must be paid. Send us the agent's appraisal and the planned sale timetable, and we set the term past the expected settlement.

• →Bridging loans

Yes. Back pay is a single amount, which suits a short term loan, as long as there is a dated way to repay it, such as a property sale, a refinance or a large customer payment already invoiced. The ongoing pay rise is a separate question: it increases every future pay run, so your prices or budget have to cover it, not the loan. Confirm the back pay amount and payment date with your payroll provider or employment lawyer.

We need to learn your scenario further. The loan funds are paid to your business, which can use them for its payroll costs, and we look at the total you need, whether it fits within 70% of the property's value and your plan for repaying the loan. Send us the payroll tax assessment, the payroll summary and the property details. Ask your accountant how to deal with the revenue office about the overdue assessment.

• →Payday super loans

Yes. Wages for a defined season, repaid when the venues pay, are a short term need with clear dates. A secured business line of credit can also suit, because you draw for each pay run and repay as each venue's payment arrives. Send us the event bookings, the venue payment terms and an estimate of each pay run, with the details of the property that will secure the loan.

• →Hospitality lending

Sign by the Wednesday before Easter if you can. Settlement happens on business days, so a loan signed on the Wednesday can settle on the Thursday, the last business day before Good Friday, and the funds are in your account before the Tuesday payday. Call us on the Monday or earlier, because the property has to be valued and the letter of offer signed before settlement can be booked.

Yes, where the property supports the loan. The buyer's settlement can repay us, so send the signed sale contract with its settlement date and any conditions still to be met. We set the term past the settlement date, so a short delay does not leave the loan due before the sale money arrives. Your solicitor can confirm how employee entitlements are dealt with in the sale contract.

Yes, as long as the loan is at least $250,000. A $250,000 loan covers one $180,000 pay run with $70,000 left for super or supplier payments due in the same period, and a $360,000 loan covers two pay runs if the customer payment is more than two weeks away. If late payments keep recurring, a secured business line of credit lets you draw for each pay run up to its limit.

• →Secured business line of credit

Your staff and customers are not told, because the loan is between your business and us. A mortgage or a caveat is recorded on the property's title, which is a public record, so anyone who searches the title can see it. Your bank loan agreement may require you to tell the bank, or to get its consent, before a second mortgage is registered, so check that agreement and ask your solicitor early, so it does not hold up the pay run.

• →Second mortgage finance

Yes. Your real deadline is the provider's cut-off, two business days before payday, not payday itself. Settlement can follow within 24 hours of signing the letter of offer, so work back from the cut-off: valuation, then signing, then settlement the day before. Tell us the provider's deadline when you first call, and we plan the valuation and documents to meet it.

Your award or agreement sets how often you pay, whether weekly, fortnightly or monthly. Fair Work says that where an award or agreement does not set a frequency, employees must be paid at least monthly.

We need the payroll summary for the pay run and evidence of the customer payment you are waiting for. We do not need individual employee records.

Yes. Since 1 July 2026, super must reach your employees' funds within 7 business days of each payday. One loan can cover wages and super together, and our payday super loans explain the super side in more detail.

• →Payday super loans

Yes. A secured business line of credit lets you draw for each pay run while you wait for customer payments, and repay as they arrive. It is a second mortgage facility of up to $2,000,000, for 6 to 18 months.

Yes. We can fund the pay run and be repaid when the progress claim is paid. Send us the claim, the payroll summary and the property details, and call 1300 795 175 so we can confirm the timing.

A shortfall on every pay run points to pricing or payment terms, not timing, and a short term loan will not change that. Your accountant can help you review both, and a line of credit may help while you make the change.

Payroll can be funded on the same day, depending on your scenario. Call 1300 795 175 as soon as you know a customer payment will be late, rather than on payday itself.

• →$2.4 million settled in 4 business days with payroll due that week
• →$800,000 in 48 hours for vehicles and wages on a new freight contract
• →$250,000 funded in under 2 hours

We fund payroll and working capital for businesses in construction, hospitality, transport, professional services and our other industries, particularly those with large teams and customers who pay on long terms.

• →Construction lending
• →Working capital loans