Can I get a business loan without collateral in Australia?
Yes, you can get business loans up to $350,000 without collateral from Velociti Capital. Not asset backed business loans are approved based on revenue performance and cash flow, not assets. Requirements: 6+ months trading, $6,000+ monthly revenue, valid ABN, and 6 months bank statements. No property, vehicles, or equipment required as security. Approved in 2-4 hours with competitive fixed monthly rates.
No Collateral Business Loans for Zero Risk Funding
Get business funding up to $350,000 without risking your home, car, or assets. Approved based on business performance and cash flow, not property ownership. Perfect for businesses without assets or unwilling to risk property.
No Assets Required
Zero risk to your home or personal property
Fast Approval Process
Approved in 2-4 hours with same-day funding available
Revenue-Based Assessment
Approved on business performance, not collateral
What is a No Collateral Business Loan?
Traditional Secured Loans
- Require property, home, or land as security
- Risk losing assets if you can't repay
- Need property valuations and title searches
- Lengthy legal documentation process
- Approval takes 4-8 weeks minimum
- Excluded if you don't own property
No Collateral (Not Asset Backed) Loans
- No property or asset security required
- Zero risk to personal or business assets
- No valuations or property searches needed
- Minimal documentation - bank statements only
- Fast approval in 2-4 hours
- Available to renters and non-property owners
How No Collateral Loans Work
Instead of using property or assets as security, not asset backed business loans are approved based on business performance metrics:
Revenue Analysis
Consistent monthly income and growth trends
Cash Flow Strength
Positive cash flow patterns and healthy balances
Business Stability
Trading history and industry performance
Benefits of No Collateral Business Loans
No Risk to Assets
Your home, car, equipment, and personal property remain safe. If business circumstances change, you won't risk losing personal or business assets to loan defaults.
Lightning Fast Approval
No asset valuations, property searches, or legal documentation means approval in 2-4 hours instead of 4-8 weeks. Get funds when you need them, not months later.
Simple Documentation
Just 6 months of bank statements and business registration. No property titles, valuations, solicitor involvement, or complex legal paperwork required.
Accessible to More Businesses
Don't own property? No problem. Renters, young businesses, and service-based companies without physical assets can access funding based on revenue performance.
Flexible Use of Funds
Use funds for any legitimate business purpose: working capital, equipment, inventory, marketing, hiring, expansion, or emergencies. No restrictions on fund usage.
Better Than Credit Cards
Lower interest rates than business credit cards (12-22% vs 18-24%), larger amounts available, structured repayment terms, and builds business credit history.
Secured vs Not Asset Backed Business Loans
| Feature | No Collateral (Not Asset Backed) | Secured Loans |
|---|---|---|
| Security Required | None | Property/Assets |
| Approval Speed | 2-4 hours | 4-8 weeks |
| Asset Risk | Zero risk | High - can lose assets |
| Interest Rate | 12-22% p.a. | 6-12% p.a. |
| Typical Amount | $10K - $350K | $100K - $5M+ |
| Documentation | Minimal | Extensive |
| Property Ownership | Not required | Usually required |
| Best For | Fast funding, no assets, lower amounts | Large amounts, lower rates, long terms |
Which should you choose? If you need $10K-$350K quickly without risking assets, choose no collateral. If you need $350K+ and own property, secured loans offer lower rates. For most SMEs, not asset backed loans provide the best balance of speed, risk, and accessibility.
No Collateral Loan Eligibility
Basic Requirements
- Trading History: 6+ months (3 months considered)
- Monthly Revenue: Minimum $6,000 per month
- Registration: Valid ABN or ACN
- Location: Australian registered business
- Documents: 6 months business bank statements
Approval Factors
- Revenue Consistency: Stable monthly income
- Cash Flow Health: Positive account balances
- Growth Trajectory: Increasing revenue trends
- Industry Stability: Established business model
- Repayment Capacity: Ability to service loan
What About Credit Scores?
Credit scores are secondary for no collateral business loans. While we check credit history, many businesses with scores below 650, past defaults, or even bankruptcies qualify based on strong business performance. We care more about your current revenue and cash flow than past credit issues. If your business is performing well, apply regardless of credit history.
No Collateral Business Loan FAQs
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