Short answer: Yes. You can get a business loan with bad credit in Australia. The easiest route is a property-secured loan, where equity matters more than your credit file. Without property, a cash-flow loan based on strong recent bank deposits is the next best option. Checking eligibility with us won't affect your credit score.
The easiest business loans to get with bad credit
- Caveat loans and second mortgages: equity-based, with bad credit considered
- No doc property loans: no income evidence needed
- Cash-flow loans: based on recent trading, not your credit history
What lenders look at instead of your score
- Equity in property and a realistic exit
- Consistent deposits in your business account
- What happened, and whether it's behind you
How to improve your chances
- Be upfront about defaults. Surprises slow things down.
- Show a clear purpose and repayment plan
- Avoid several credit applications in a row. Our check doesn't create a credit enquiry.
Start without touching your score
Our 60-second check doesn't make a credit enquiry.
