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Small Business Loans

Business Unsecured Loans Comparison

Starting or growing a small business is usually a mixture of excitement and fear, but having your finances in order will help make things a lot less daunting. An unsecured loan or line of credit can give you the flexibility and freedom when growing your business.


At InfoChoice, we can help research and compare the most tailored options with the features you want, not the bank. Want to get a better idea of what your repayments may look like? Take advantage of our unique tools, calculators and guides.


Let's get started: What is a business loan? | What types of business loans are there? | How to apply for a business loan


Small Business Loans Selector

Select state:


Loan Security:
 Residential
 Non-Residential
Loan Amount:
$

Interest Rate:
 Variable
 Fixed
Loan Type:
 FullyDrawnAdvance
 Overdraft
 LineOfCredit

Search criteria selected:
  • All
  • Loan Amount: 20,000
  • Loan Type: FullyDrawnAdvance, Overdraft, LineOfCredit

Institution Product Name Interest Rates Apply
Variable 1 Yr Fixed 2 Yr Fixed 3 Yr Fixed 4 Yr Fixed 5 Yr Fixed 6 Yr Fixed 7 Yr Fixed
Flexible Business Loan (starting at 1.1% per month) 1.10 1.10 1.10 Go to site
Unsecured Business Line of Credit (starting at 0.5% per month) 0.50 Go to site
NAB QuickBiz Loan 13.85 13.85  
Small Business Loan (starting at 0.67% per month) 0.67 0.67  
Unsecured Business Loan (starting at 0.7% per month) 0.70  
Prospa Business Loan (starting at 1% per month) 1.00  
NAB Business Overdraft - Prime 7.97  
Kikka Small Business Loan 8.00  
Bendigo Business Solutions Term Loan 11.70 11.25 11.40 11.55 11.45 11.51  
Bendigo Business Solutions Overdraft - Unsecured 13.40  
Institution Product Name Variable 1 Yr Fixed 2 Yr Fixed 3 Yr Fixed 4 Yr Fixed 5 Yr Fixed 6 Yr Fixed 7 Yr Fixed Apply
Interest Rates
1

Sponsored Business Loans
InfoChoice displays business loans from providers that sponsor our site first and with a “SPONSORED” indicator in the left most column. To re-sort the list without this filter - simply  de-select the “Show sponsored listings first” checkbox.

Business Banking Loans

At InfoChoice, you’ll find it so much easier to choose the right business loan for you, quickly and easily, based on your own clear financial strategy.  That’s because InfoChoice offers you relevant and accurate comparison of available business loan options. You won’t need to spend valuable time on prior research - just sit back and compare business loan providers at a glance.

A number of features will define your ideal business loan, depending largely on the type of loan you require. Are you looking for a fully drawn advance, an overdraft or a line of credit? Are you happy to pay entry fees, exit fees or annual fees? Perhaps most importantly in a business loan, there’s the question of interest and your repayment structure to consider.

Beyond those matters, you’ll also need to decide whether you’ll put up residential or non-residential security against your loan? Do you require a short term business loan for a year, or perhaps a loan with longer lifespan, of up to five years? Depending on your preference for security or flexibility, you’ll go with a fixed or variable interest rate. There are so many business loans available today; it can be hard to know where to begin.

Comparing business loans may be simple enough, but the prior research required can be exhausting, which is why so many people give up. Many will even select their business loan based on the most emotive advertising campaign, and then wonder where their financial strategy went wrong!

You’ll find creating your business loan shortlist becomes so much more efficient and accurate with our unique ‘Loan Selector’ tool. Simply input your required criteria, including the type of business loan, your State, the amount sought, desired repayment period, and interest rate you require. We’ll instantly create a convenient and easy-to-digest shortlist of business loan options to suit your needs. You can even use our business loan calculator to test various repayment scenarios before you settle on your ideal business loan.

When it comes to your finances, it pays to make the right choice. Choose your next business loan on your terms – not the banks’.


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Although we cover a range of products, providers and services we don't cover every product, provider or service available in the market. The information and products contained on this website do not constitute recommendations or suggestions to purchase or apply for any particular product. Products included on this site may not suit your personal objectives, financial situation or needs. Please consider whether it is appropriate for your circumstances, before making a decision to purchase or apply for any product. If you are considering acquiring any financial product you should obtain and read the relevant Product Disclosure Statement or other offer document prior to making an investment decision.

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