Swoop Finance Business Loan – loan application

5.0 / 5
Maximum amount $90,000,000
Interest from 5.00%
Term 1 – 20 months
Approval in 24 hours

Screenshot of https://swoopfunding.com.au website.

Swoop Finance Business Loan website screenshot

Contact

CompanySwoop Finance Pty Ltd
Addressl10/234 George St, Sydney NSW 2000, Australia

Representative example

Loan amount$14,000
Term20 months
Interest from5.00%
Monthly repayment$731
Total interest cost$621
Total amount payable$14,621

* This is an indicative example only. Actual rates and fees are set by the lender at approval.

Quick overview

Loan amount$18,000 – $90,000,000
Term1 – 20 months
Interest from5.00%
Approval24 hours
Eligibility24 hours
Online applicationYes

Loan requirements

  • ✓ A sole trader, a partnership with up to two partners, a company with up to five directors or a trustee of an eligible trust
  • ✓ Registered for GST, turnover of at least $75K per year, and operated under your current registered ABN/ACN for more than 12 months.
  • ✓ Have 12 months of reconciled business financial data from your accounting package
  • ✓ You'll also need to be at least 18 and a permanent Australian resident

Loan features

  • Business loans up to $90 000 000
  • Term 1 - 20 years