Rating based on 43 reviews


  • Business loans up to $250,000
  • Low-interest starting from 6%
  • Repayment up to 12 months

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Spotcap homepage
Author Spotcap. Screenshot of Spotcap website.
[Accessed May 26, 2023]

About Spotcap

Spotcap started operating in 2014 and have been growing at an astounding rate with so many small and medium-sized businesses lacking finance they need in Australia.

Spotcap around the world

Spotcap also operate in four other countries including the United Kingdom, New Zealand, Spain and the Netherlands – providing SME’s with finance online with no paperwork and ne face-to-face meetings.

Spotcap loan can be used for a variety of business endeavours including purchasing equipment, purchasing a new vehicle, to fund expansion, to fix or replace office equipment or evening as working capital.

What they’re offering

If you’re looking for an online business credit provider with a difference - Spotcap is definitely worth a try. They’re an alternative credit provider that offer unsecured business loans of up to $250,000.

Spotcap’s loans can be obtained entirely online – which means you can save both time and money by not having to travel to a branch or sit on the phone for hours.

Service with a difference

Unlike large banks who don’t have the time to add a personal touch to what they do – Spotcap’s team are focused on each individual customer and therefore have superior service.

Spotcap Services

Spotcap is a business credit provider that offers between $10,000 and $250,000 in business credit to already existing businesses that have been operating for a period of 18 months or more.

The Spotcap difference

Spotcap’s success lies in the fact that their unsecured business loans can be obtained online very quickly thanks to their team of highly experienced underwrites and a “propriety algorithm” that is able to assess a business quickly and accurately.

With this lender you’re looking at a turnaround time of between 24 and 48 hours, however, they are able to inform you if you qualify and for how much, by pre-approving you, in just hours.

Better to deal with than a bank

Spotcap is certainly better to deal with than most banks since their quick loan application requirements are not as stringent, they offer a completely paperless application and you get excellent customer service.

How they charge for credit

They charge interest on a monthly basis and an origination fee of between 2% and 3% of the total value of the loan as a once-off payment. They do not charge any annual fees or ask you to pay early repayment penalties.

Spotcap – Business loan

  • Loan Type Business loans
  • Interest Rate 624% p/a
  • Loan Amount up to $250,000
  • Repayment 30 days to 12 months

Benefits of Spotcap

  • Leading business loans
  • Apply online for instant approval
  • Interest rates start at 6%

Business loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This business loan calculator is for illustration purposes only.
The use of this loan calculator is subject to our terms of use.

Get a business loan online in just 24 hours!

Getting a business loan online in just 24 hours may be a promise you’ll often hear but, banks and most credit providers just cannot deliver.

With Spotcap’s technology and expert team you will receive a response in under 2 hours and will be approved and even have the money credited - in just 24 hours.

Some uses for a Spotcap business loan

  • Fund the purchase of a motor vehicle
  • Buy new equipment
  • Buy stock
  • Buy new furniture
  • Expand your workforce
  • Use it to manage cash flow
  • Open a new branch

Can you apply for a SpotCap loan?

In order to qualify to apply for credit with SpotCap you must have an Australian registered business and bank account, turnover $100,000 or more, have been in operation for 18 months or more and can offer 2 years worth of financial reports.

Loan application process

Step 1 – register with them

Step 2 – complete an online loan application where you provide information on the owner/s of the business, the business and it’s finances

Step 3 – connect your accounting software to their system

Step 4 – receive approval online

Step 5 – Get your business loan credited within 24 hours

Customer Reviews & Testimonials

September 2018

Spotcap gave me unbelievable interest rates charges on my business loan!

Melina V
— Lismore —

December 2018

The Spotcap business loan application is fast, easy and convenient.

Stevenson H
— Canberra —

April 2019

I am happy that Spotcap gave me a business loan I can actually afford to pay with no hassles.

James L
— Geraldton —

Spotcap Contact

Physical Address

Opening Hours

  • Monday 9.00am – 6.00pm
  • Tuesday 9.00am – 6.00pm
  • Wednesday 9.00am – 6.00pm
  • Thursday 9.00am – 6.00pm
  • Friday 9.00am – 6.00pm
  • Saturday
  • Sunday