A working capital loan is an ideal financing option for small and medium-sized businesses in Australia looking for quick and easy access to funds to manage their daily operational expenses.

Whether it’s covering payroll, rent, inventory or other costs, this type of loan can help businesses maintain cash flow and avoid disruptions.

In addition to short-term cash flow management, working capital loans can also serve as a long-term finance strategy. By revolving the funds, businesses can enjoy more certainty, peace of mind, and the ability to address ongoing cash flow challenges.

Australian SMEs can apply for a working capital loan by either working with a broker or going directly to a lender that offers this type of loan.

They will need to meet the lender’s application requirements and provide financial documents such as tax returns, bank statements, and other relevant documentation to assess their creditworthiness.

At Fifo Capital, we offer a streamlined and hassle-free application process, where we only ask for the documentation we need to assess your business’s circumstances and provide you with the best possible funding options. This is important because it allows us to tailor the loan to your specific business needs and ensure that the funds are being used effectively.

Once your application is approved, we’ll disburse the loan funds to your business account, enabling you to cover your daily operational expenses and manage cash flow effectively.

Whether you work with a broker or come directly to us, we’re committed to making the process as easy and straightforward as possible, so you can get the working capital you need to grow your business.

If you’re interested in learning more about our working capital loan application process and how we can help your business succeed, please contact us today.

Australian SMEs have access to different types of working capital loans, each designed to suit different business needs. Some of the most common types of working capital loans include:

– Unsecured working capital loans – These loans do not require collateral, making them a suitable option for businesses that cannot provide collateral or do not want to tie personal assets to the business.

– Short-term working capital loans – These loans typically have a repayment period of one year or less, making them ideal for businesses that need quick funding to cover short-term expenses, such as payroll or inventory purchases.

– Fast working capital loans – These loans can be approved and disbursed within a short period, making them suitable for businesses that require immediate funding to cover unexpected expenses or take advantage of new opportunities.

– Revolving working capital loans – These loans become like an embedded finance tool in your operations and are often factored in as a cost on the bottom line. They provide a reliable source of ongoing funding, giving businesses the flexibility to manage cash flow and take advantage of growth opportunities.

At Fifo Capital, we offer a range of working capital loans tailored to meet the unique needs of Australian SMEs. Our loans are designed to provide fast, flexible funding to help businesses manage cash flow, cover expenses, and grow their operations.

We offer funding for businesses, anywhere from $10K up to $2M.

If you run a good business, that’s been operating for more than 12 months, and you have an active ABN or ACN — we will be in a good position to assist you.

Depending on the type of funding solution you require, the specifics may vary. Talk to our team about which of our funding options can be best used to strengthen your business.

For short-term cash injections, such as selective invoice finance requests, then you will simply need the unpaid invoices and be authorised to engage on behalf of the business.

Speak to our team, and we will be more than able to assist and advise, based on your circumstances.

We offer two streams of funding: Fast Track Finance and Custom Built Solutions.

Designed for SME businesses, our Fast Track Finance allows you quick access to funding from $10K up to $500K.

We specialise in providing fast and flexible funding solutions for businesses through our range of finance facilities, including Invoice Finance, Supply Chain Finance, Trade Finance, and Business Loans.

With our streamlined application process, we can give you an indicative offer within just 24 hours and get funding to you in as little as a week.

For businesses requiring fast access to larger funds, we can offer a combination of the two streams — by providing pre-approval up to $500K — in order to assist you to get the funds you need sooner. To get the ball rolling, get in touch with our team.

For businesses requiring larger funds, fast, we can offer a combination of the two streams — by providing pre-approval up to $500K — in order to assist you to get the funds you need sooner. To get the ball rolling, get in touch with our team.

To start this process, simply get in touch with our team, or complete an application online using Fifopay.

Standard requirements are:
– ABN or ACN
– Financial documents

We only ever ask for the documentation we need in order to assess your business’ circumstances.