Working capital finance

Get access to working capital loans to manage day-to-day expenses and grow your business.

Take care of a wide range of business expenses

Maneuver through your expenses with ease with tailor-made loans to cover day-to-day operational expenses

Take care of a range of expenses

Your business needs the finances to keep it running like a well-oiled machine. This can be a tough balancing act when there is a range of operational costs that can put a strain on your business’s budget.

Savvy offers working capital loans that have been sourced from leading lenders to cover expenses such as employee wages, day-to-day expenses, inventory purchases, and more to keep your business running even at its busiest time. We offer a financing that is suitable for any type of business.

Personalised finance options from the experts

Savvy understands that your business is not cut from the same cloth as the next business when it comes to finding a finance solution that works for you. Our years of offering various business working capital loans for various business makes it possible for us to offer you tailored loan. We also source our loans from 25 of Australia’s leading lenders with a competitive rate. Your personal consultant will take you through a guided process to find a solution that will keep moving forward.

Why choose Savvy?

We are accredited with the most reputable lenders in Australia giving you a fair choice to compare.

Common questions about working capital loans

Expert solutions to some of the most pressing working capital finance questions

How much can I borrow?
The amount you will be able to borrow will vary depending on your business needs that will be assessed during the application process with our team of qualified consultants. The minimum usually begins at $5,000, but you can speak to a consultant to find the loan amount you will be able to get access to.
Can I use this loan for investments?
No. Unfortunately, you can’t use a working capital loan for investments, or long-term asset purchases. It can be used to cover short-term business operations such as paying wages, carrying out day-to-day operations, short-term inventory purchases and more.
Can I get a working capital loan if I am self-employed?
Savvy offers loans for people who are self-employed. Ask our experienced team of consultants about finding a tailor-made solution for you.
Will you require security for the loan?
No. Our unsecured business loans are designed to offer you and your business flexibility when it comes to choosing a finance option that will not strain your budget, but will it move forward.
When will I know if I have been approved?
Our team of consultants will contact you as soon as you get approved. It usually takes 24 hours for you to know if you have been approved or not.
Will I be able to purchase a car for both personal and business use for the loan?
Working capital loans are designed to take care of a multiple array of expenses that your business may face. However, you may not be approved for the loan if you are planning on using it for your own personal use. Which means that if you plan to purchase a car with the loan it needs to be purely for business.
What is the typical loan term?
We offer flexible loan terms that range from 1 year to 7 years to help you spread out the costs and manage your repayments.

Your helpful guides to working capital loans

More informative guides about working capital loans

Can my business afford a cash flow loan?

Every financial decision you make matters when you are trying to keep your business afloat. This also means carefully considering your options. Whether you plan to take out a cash flow loan, a line of credit, or credit card to manage your cash flow you will have to consider the costs that come with it. Check to see if you will be able to afford the repayments. You may have to assess your business altogether to see what keeps creating the shortfall to avoid getting into a debt spiral.

How to effectively use a business loan?

There are various business loans and credit cards that you can use to help boost your cash flow and keep your business afloat. However, to make the most of your finance option it pays to know what features to compare and speaking to a financial advisor to see if it will be the best option for your business. Remember to compare your options and compare the ongoing fees that come with it. Avoid taking out taking more than what your business needs as this could affect your repayments overtime.

Cash flow vs Asset based lending

Cash flow and asset lending are both loans that can be handy when it comes to covering cashflow shortfalls your business may face. However, the key difference between the two is that asset lending requires that you use an asset as collateral, while cash flow lending is an unsecured business loan that does not require any collateral. Cash flow lending comes with convenience and flexibility that can help cover business emergencies for example when your waiting for an invoice to be paid while asset lending is more of a long-term facility to finance assets that are required for the business which could be anything from a piece of machinery, truck, car, software.

Managing your loan effectively

No matter what finance option you choose to keep the wheels of your business from falling off, it pays to think about how it will affect your finances long term. Not only will it help you avoid financial woes such as falling into a debt spiral, but it can also ensure that you choose something that will be beneficial for your business. Check components such as the interest rate, fees, and charges that come with it. The devil is in the detail. Therefore, remember to never rush the process.

Brands you can trust

We are accredited with the most reputable lenders and insurers in Australia giving you a fair choice to compare