Term loans up to $250,000
Buying new equipment | Purchasing inventory | Business expansion
- Simple 5 minute online application
- Borrow $5,000 - $250,000
- Repay over 6 to 24 month fixed terms
- Credit decision within 24 hours
- No penalty for early repayment
- One fixed monthly fee
If you’re ready for a new option, get in touch today!
Leave your details below and one of our Business Finance Specialists will discuss how we can find a way to say yes.
Tell us some basic info
What you need to apply
- 12+ months in business
- $100,000+ in annual sales
- 6 months BAS
- 6 Bank statements
Need to chat?
Our Business Finance Specialists are available to help you with any questions.
Hello@flippay.com.au | 1300 354 766.
* Finance is based on your business profile, time in business, estimated revenue and other data. Finance is provided by Flip Finance Pty Ltd (33 648 534 552).
FAQs
Need more information
A business loan can be from 6 months to 24 months for expansion and growth. We can assess any business with an Australian ABN that has been trading for moorage than 12 months or more with annual turnover of at least $100,000.
You can borrow between $5,000 and $250,000. When you apply, we’ll let you know how much we’re able to lend based on your business information.
We charge a small origination fee, and no penalty for early repayment. You pay back what you borrowed (principal) plus our monthly fixed fee. Our monthly fees range from 1.0% to 1.5% per month. We provide a very clear loan schedule setting out repayments and timing.
You can apply online in under 10 minutes, and will get a decision with 24 hours. If your loan is approved, the funds will be in your account within 24 hours.
Once you’ve told us who you are and provided your business information, we can then make an informed credit decision based on factors such as business profile, time in business, and transaction volume.
Yes we do. As with traditional lenders, we’ll check your credit score to help us make an informed credit decision. We’ll always ask your permission before running a credit check.
To comply with relevant law, we’ll need your ABN or ACN, and we’ll also collect some personal, business and credit information along the way. Either 6 months BAS or bank statement information, average invoice value and total turnover.