Business Fuel offers quick capital solutions to businesses of all sizes, including unsecured business loans, cashflow finance and business equipment loans. Rates, fees and charges are disclosed upfront for full transparency.
Business Fuel at a glance
| Lender — Business Fuel | Business Fuel loan details |
|---|---|
| Business Fuel finance options | Cashflow finance Equipment finance |
| 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 |
Our verdict: Business Fuel offers mostly unsecured business loans so there’s less risk to your personal or business assets. However, the facility fee structure is different to other lenders (factored into loan amount) and determined on a case-by-case basis, meaning it can be hard to compare fees.
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
How to apply for finance with Business Fuel
Here’s how to apply for a loan with Business Fuel in three easy steps:
1. Complete the online application form with your business and personal information.
2. Verify serviceability by uploading your business bank statements to the secure cloud provided.
3. Once your loan is approved, the funds are transferred to your business bank account within 24 hours. Same-day funding is available in some cases.
Business Fuel comparison vs other business lenders
| Lender | Product | Terms | Loan Range | interest rate | Fees | security | repayments |
|---|---|---|---|---|---|---|---|
|
| Business loans | 6 - 36 months | $10K – $500K | Percentage rate determined on application | Upfront flat fee & drawdown fee structure | Unsecured up to $200K | Weekly or monthly |
 | Business finance | $5K – $250K | $5K – $250K | From 15.99% p.a. | 2% establishment fee | No security required up to $250K | Flexible |
 | Small business loans | 3 - 36 months | 5K – $500K | From 9.99% - 26.50% p.a. | Establishment fee | No security required up to $150K | Flexible |
 | Business loans | 12 - 60 months | $2K – $1m | From 13.95% p.a. | 3% establishment fee | No security required up to $500K | Weekly or monthly |
 | Small business loans | 1 - 36 months | $2K – $1m | From 1.50% per month | No fees | No security required up to $30K | Flexible |
| Business finance | 3 - 36 months | $10K – $500K | From 14% p.a. | Upfront fee | Secured | Weekly |
 | Small business loans | 3 - 36 months | $5K – $500K | Percentage rate determined on application | 2.5% - 3.5% establishment fee | Unsecured up to $300K | Weekly or monthly |
