Submit application online. Provide supporting documents. Assessment by our credit team. Agreement sent to client for signing. Funding completed into nominated bank account.
Terms are usually 3- 24 months. Longer terms are available depending on the strength of the application.
Loan Sizes $5000 – $300 000
Repayment Options: Daily or Weekly Direct Debit from nominated bank account.
Minimum Required Documentation : Photo ID. 3 months bank business bank statements. Loan over $100k may require additional financial documents.
Grocapital was founded in 2015. Grocapital was setup to enable Australian businesses to access funds faster and easier. We understand what issues small business face, if a small business can access funds faster this will enable them to make the most of their opportunities.
Apply in 10 minutes and funding can be sometime be completed in 24 hours.
We want to provide a fast, reliable and transparent service for our clients.
If your business has a turnover of more than $6,000 per month and can demonstrate 6 months of trading for a new business or 3 months for a existing business, we can help.
You’ll need:
For loans over $100K, you’ll also need some basic financial statements.
The process is quick and easy. You could have a decision in as little as an hour, with funding possible in 24 hours.