Business Fuel Loans Review
Get a personalised interest rate quote on Business Fuel finance and compare it to other small business lenders.
$50000
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Business Fuel offers quick capital solutions to businesses of all sizes, including unsecured business loans, cashflow finance and business equipment loans. Loan costs are disclosed upfront for full transparency.
Business Fuel loans at a glance
Buisness Fuel loan details | |
|---|---|
Finance options | Secured or unsecured business loan |
Borrowing amounts | From $10,000 up to $500,000 |
Loan terms | 6 – 36 months |
Unsecured loans | Maximum of $200K |
Interest rate | One-off facility fee factored into loan amount |
Fees | No application or admin fee |
Security (if applicable) | Subject to lender requirements |
Repayment schedule | Weekly or monthly |
Early repayment | No early payment fees |
Approval time | Pre-approval within 24 hours |
Who’s eligible for a Business Fuel loan?
Like most lenders, Business Fuel requires a minimum trading history and record of consistent sales to approve finance. Here are the eligibility criteria for most finance products:
- Active ABN or ACN: You must operate a business registered in Australia
- Minimum monthly turnover: $10,000
- Minimum trading period: 12 months
- Good credit score: Required with most finance options
- Financial documents: Bank statements for the last six months and documents related to the security for secured loans.
How to apply for finance with Business Fuel in three easy steps
Business Fuel comparison vs other business lenders
Lender | Product | Terms | Loan range | Interest rates | Fees | Security |
|---|---|---|---|---|---|---|
Business Fuel | Business loans | 6 - 36 months | $10K – $500K | Percentage rate determined on application | Upfront flat fee & drawdown fee structure | Unsecured up to $200K |
Prospa | Small business loans | 3 - 60 months | $5K – $500K | Quoted on application | 3-3.5% establishment fee | No security required up to $150K |
OnDeck | Small business loans | 6 – 24 months | $10K – $250K | Determined on application | 3% (of loan amount) establishment fee & 2% fee for loan renewals | Unsecured up to $250K |
Moula | Business finance | 12 - 36 months | $10K – $250K | From 15.99% p.a. | Up to 4% establishment fee | No security required up to $250K |
Shift | Business loans | 12 - 60 months | $2K – $1m | From 13.95% p.a. | 3% establishment fee | No security required up to $500K |
Shift | Business loans and credit lines | 12 - 72 months | Up to $1m | From 13.95% p.a. | 3% establishment fee | No security required up to $200K |
Max Funding | Small business loans | 1 - 60 months | $3K – $1m | From 1.25% per month | No fees | No security required up to $500K |
Spotcap | Business finance | 3 - 36 months | $10K – $500K | Quoted on application | Upfront fee | Secured |
Lumi | Small business loans | 3 - 36 months | $10K – $750K | Quoted on application | 2.5% - 3.5% establishment fee | Unsecured up to $300K |