Grow your own way with Zip Business Capital

Unsecured business funding up to $500k

Use a line of credit to grow your business

From everyday expenses to core cash flow, we’ve got the solutions to keep you growing.

Zip Business Capital

$10,000 – $500,000

Ideal for
Refresh your inventory, refurb your premises, grow your products, enter new markets
Loan term
Up to 5 years
Approval time
Within 24 hours
Flexible repayments
Weekly, fortnightly and monthly. No early repayment fees
Draw-down fee and interest applied only to withdrawn funds. No establishment fees.

See Loan T&Cs and Privacy Policy

How it works

  • Apply online in 5 minutes

    It takes just 5 minutes to get your application started.

  • Decisions within 24 hours

    We guide you all the way to help make it a smooth process.

  • Access your line of credit

    Approved funds within one working day.

  • You choose what you use

    Only pay interest on withdrawn funds.

Do I qualify for Zip Business Capital?

We ensure your business is in healthy financial shape as part of the assessment process. The minimum requirements include:

  • Australian-based business

  • Trading for at least 18 months

  • Annual turnover of $200k+

  • Profitable business

Estimate your repayments

30 months
Monthly repayment
For illustrative purposes only. The example shown above is based on an average Zip Business Capital customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. Find out more here on responsible lending or our code of conduct.

Are you a financial broker or advisor?

Partner with us by joining our network of brokers, advisors and accountants offering their clients access to Zip Business Capital.

What our clients are saying

Zip Business Capital FAQs

Zip Business provides business finance in Australia and New Zealand. We supply unsecured loans to qualifying firms, on the basis of a quick yet rigorous credit assessment of a firm’s financial condition, using a combination of a unique proprietary credit algorithm and expert underwriters.
Zip Co is a leading Australian fintech that offers point-of-sale credit and digital payment services to consumers and merchants. Spotcap Australia & New Zealand were acquired by Zip Co (ASX: Z1P) in September 2019. Spotcap has been lending to Australian small businesses since 2015 and has originated over $200 million in credit lines to small businesses.
Zip Business makes quick, sound decisions when offering loans, based on a proprietary credit algorithm that provides us with deep insight into the financial condition of a business. We don’t just rely on a backward-looking credit score - we also evaluate your real-life business and cash flow data. Our facility is flexible, meaning you can draw down as you need funds and you will only ever be charged for the funds you use.
You can use the funds you borrow from us for any purpose related to your business. This can include hiring new staff, launching a marketing campaign, purchasing inventory or buying new business equipment.
We consider applications from businesses that are registered in Australia, have been operating for at least 18 months with an annual turnover of at least $200k and have an Australian online bank account.

Questions about the facility

You apply online and the entire process can take just a few minutes. You give us basic information about the business and its owners, and financial information is provided by connecting your accounting software and online bank account to our systems. Alternatively, you can upload financial reports. We evaluate your data with our unique credit assessment algorithm, which advises how much you are able to borrow.
Zip Business provides credit lines of between $10k and $500k to businesses trading in Australia for at least 18 months with an annual turnover exceeding $200k
The Zip Business product is a hybrid of a line of credit and a business loan, designed to meet the needs of today’s businesses. A line of credit is a business finance arrangement giving you flexible access to funds you can borrow as a loan. Your application is assessed thoroughly and if a line of credit is approved, funds are made available for a limited time for you to draw down. You need only use what you require, as it is needed. Your line of credit typically is accessible for between one and three months, with the ongoing possibility to renew. During this period, you can draw down as often as you like, up to your approved limit. Each sum you draw down becomes a separate business loan repayable in weekly, fortnightly or monthly principal and interest instalments, spread over 6 to 36 months. When the initial line of credit term of up to 3 months is completed, you continue to repay, in monthly, fortnightly or weekly instalments, the funds you borrowed. Interest is only charged on the amounts you draw down, not on the total value of the credit line.
You are charged interest on the funds you draw down. Interest is charged only on your outstanding balance. The rate of interest we charge is based on your risk profile. Additionally each time you draw down there is 2-3% risk based fee. There are no other costs, no establishment fees, no direct debit fees, nothing else to pay.
Just give us a call on 1800 10 70 10 and we will provide an early payout amount. This will include the principal outstanding and only the interest outstanding for your current payment period. No early break fees.
Please do not hesitate to contact us either by phone on 1800 10 70 10 or email [email protected]