At a glance
| Security | None required (cash-flow loan) |
|---|---|
| What we assess | Recent business bank statements and turnover |
| Decision | Often within hours |
| Funding | As little as 2 hours after approval |
| Best time to apply | Before 1pm AEST on a business day |
Why owners choose us when it's urgent
Same-day funding comes down to three things: a lender that decides in-house, bank statement technology that verifies your trading in minutes, and fast payment rails between banks.
We have all three. Apply in the morning and there's a good chance the money is in your account before close of business. Apply in the afternoon and it's usually first thing next morning.
Who it suits
- Trading businesses with regular deposits
- Short, sharp costs such as repairs, stock and bills
- Businesses without property to secure a loan
- Owners who can't wait on an accountant for financials
How it works
- Check eligibility60 seconds online, with no credit score impact.
- Connect your bank statementsA secure, read-only link that takes a few minutes. No tax returns.
- Get a decisionOften within hours, with repayments set out clearly.
- Get fundedIn as little as 2 hours after approval.
What you'll need
- Driver licence
- An active ABN and 6+ months trading
- Read-only access to your business bank statements
- A few basic business details
Not needed: No tax returns, financial statements or property.
A plumbing business covering wages after a slow payer
A Perth plumbing business had a $60,000 invoice stuck with a head contractor and wages due Thursday. With 18 months of solid deposits, it was approved for a short cash-flow loan by 10:30am and funded before lunch. Payroll ran on time.
What has to happen for money to land today
Same-day funding is a chain, and every link has to hold on the same business day. Break one and the money lands tomorrow instead.
- Start early in the business dayFunds move on banking hours. A morning enquiry has room for a question or two; a late-afternoon one usually funds next morning.
- Check eligibilitySixty seconds, no credit enquiry. It tells you straight away whether the cash-flow lane fits.
- Connect your bank statementsA secure, read-only link. Have the login for every business account the money moves through, not just the main one.
- Get a decisionOften within hours, with the repayments and every cost in writing.
- Sign electronicallyEveryone who has to sign needs to be reachable today. This is where most same-day files slip.
- Funds transferredIn as little as 2 hours after approval.
Is same-day realistic for you?
| Your situation | Same day? | Why |
|---|---|---|
| No property, 6+ months trading, statements connect online, morning enquiry | Often | The assessment runs off bank data in minutes |
| No property, enquiry late in the afternoon | Usually next business morning | Funds move on banking hours |
| Own property, simple title, everyone available to sign | Next day is the realistic target | The security has to be lodged first; as little as 24 hours |
| Company or trust with a director or trustee unavailable | Unlikely | Everyone who signs has to be reachable |
| Under 6 months trading and no property | Not on our cash-flow lane | Trading history is what the assessment runs on |
If the deadline is genuinely today and you own property, say so at the start. A property file cannot usually settle the same day, but knowing the deadline lets us tell you straight away whether a cash-flow loan can cover the gap while the larger loan settles.
What to have open before you start
- Photo ID for every borrower and director
- Your ABN
- Logins for the business bank accounts the money moves through
- The exact amount, and what it is for
- How the loan gets repaid, in one sentence
- If the money is going to a third party, their invoice or notice
When same day is the wrong goal
Same-day money is worth paying for when something with a date will cost you more than the finance does. When nothing has a date, it usually is not. If your deadline is three weeks away and your file would pass at a bank, the bank is cheaper and we will say so.
The middle path is often the right one: a short loan now to meet the date, with a cheaper refinance as its exit. The urgent business loan guide walks through how to decide in the first hour.
Read before you borrow
Frequently asked questions
Can I really get a business loan the same day?
Yes, if you have an ABN, a business bank account with regular deposits and your ID ready. Same-day funding is most likely when you apply before early afternoon on a business day.
How much can I borrow same day?
Same-day cash-flow loans are sized to your monthly turnover. As a guide, businesses often qualify for around one month of turnover or more. If you need a larger amount the same week and own property, a property-secured loan can reach $5 million in as little as 24 hours.
Do I need to provide financial statements?
No. For cash-flow loans we use your recent business bank statements, connected securely and read-only. There are no tax returns, BAS or profit-and-loss statements to chase.
What time do I need to apply to be funded today?
There is no single cut-off, because it depends on how quickly your statements connect and your documents are signed. The earlier in the business day the better. Afternoon enquiries usually fund first thing the next business day.
Can I get a same day business loan with bad credit?
On the cash-flow lane, recent trading matters more than old credit history and it is assessed case by case. On the property-secured lane bad credit is considered, but those loans usually take a day or more to settle.
Is a same day loan the same as an instant loan?
No lender funds instantly. What can be instant is the eligibility answer, which takes about 60 seconds. What instant really means explains the difference.
Does it cost anything to apply?
No. There's no cost to apply or check your eligibility. All costs are set out in writing in your loan offer before you sign anything.
Will checking my eligibility affect my credit score?
No. Our 60-second eligibility check doesn't make a credit enquiry. A credit check is only done later, with your consent, if you decide to proceed.
