Yes, it is possible to receive unsecured business loans in Australia through the federal and state government grants and loans program. Programs provide loans for 10,000 small businesses yearly, providing $10,000 for each business on average. The type of loan that you will be eligible for depends on your type of business and what the use of the loan is intended for. The unsecured loan means that you do not have to worry about having providing collateral as financial backing for your loan.
How much funding does your small business need? Are you looking to fund your startup or existing business? Get started now with your funding search with our Funding Database. With hundreds of funding programs and $1,449,415,290 in available funding, you should not wait. Register as a member today!
You can also take advantage of the Small Business Startup Assessment Tool below and see the tools and resources you need to succeed at launching your business. It takes just a minute and will also tell you if there may be any funding programs available.