Maintaining cash flow is a constant requirement for running a business.  However the reality is that often, access to cash fluctuates for even the most established and experienced of business owners.   In order to survive and thrive, your business may have need of a business loan to help manage common business matters such as:

  • Waiting for customers payments
  • Dealing with seasonal fluctuations in sales
  • Paying suppliers
  • Purchasing materials and equipment such as vehicles
  • Paying wages
  • Incurring unexpected expenses

At Payday Money we provide commercial business loans of up to $50,000 for up to 2 years secured against motor vehicles with flexible terms and no early payout or lump sum payment penalties.  The loans are specifically for companies or for people who are self-employed and have a current registered ABN number. 

We understand your business needs and are here to help.  Our application process is straight forward, and you can apply online at any time of the day or night.  We know you have multiple demands on your time, and so applying for a business loan is a quick and simple process with us.  And because time is money, we can often provide a same day decision on your business loan application, and provide cash quickly. 

At Payday Money, we offer a professional and personalised service ensuring that you receive the funds you need while being prudent with our lending.  That means that we assess your circumstances to ensure that the loan you request will not cause you undue financial hardship.  It’s all about helping you to run your business seamlessly.

Rate & Fee Summary

The fees interest and charges vary for our business loan customers.  There is a maximum of 20% establishment fee and interest rates from 6% per month or less, both figures are reduced for consistent on-time repayments by clients over time, and can be negotiated on a case by case basis.

Please be advised that our services should be used as a stop gap measure and are unsuitable for constant borrowing. Australian Credit Licence Number 427979