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Non-Bank Business Lenders Comparison
Non-Bank Business Lenders Comparison is a funding-fit comparison, not a single recommendation. The better starting point depends on product type, funding amount, repayment rhythm, eligibility signals, speed, documents and total cost. Compare the situation first, then check current lender terms before applying.
Key facts
Overview
Non-bank lenders can provide faster assessment and more flexible criteria than traditional banks for some Australian SMEs. But speed and flexibility come with trade-offs in cost, repayment frequency and product structure. This comparison helps SME owners check which non-bank lender categories may fit before sending an application.
Compare business loan rates and lenders in Australia
Filter by product, amount and security type to narrow suitable options.
Product type
| Lender | Product | Rate from | Amount | Term | Speed | Compare |
|---|---|---|---|---|---|---|
| Liberty | Liberty Business Loan Flexible criteria and sole traders | 7.95% - 17.45% | $10,000 - $350,000 | 1-7 years | 24-72 hours | Compare now |
| Prospa | Prospa Business Loan Fast unsecured working-capital access | 13.90% | $5,000 - $500,000 | 0.3-3 years | Within 24 hours | Compare now |
| Banjo | Banjo Business Finance Growing SMEs needing flexible capital | 14.20% | $20,000 - $500,000 | 0.3-3 years | 1-2 business days | Compare now |
| Lumi | Lumi Line of Credit Reusable credit for ongoing gaps | 14.55% | $10,000 - $750,000 | 0.5-5 years | 24-48 hours | Compare now |
| OnDeck | OnDeck Business Loan Fast online unsecured lending | 15.00% | $10,000 - $250,000 | 0.5-3 years | 24-48 hours | Compare now |
| Moula | Moula Business Loan Short-term cash-flow funding | 15.80% | $5,000 - $250,000 | 0.3-2 years | Same day possible | Compare now |
| Capify | Capify Business Loan Short-term revenue-linked funding | 16.50% | $5,000 - $300,000 | 0.3-2 years | Within 24 hours | Compare now |
Liberty
Liberty Business Loan
7.95% - 17.45%
$10,000 - $350,000 • 1-7 years
24-72 hours
Best for: Flexible criteria and sole traders
Compare nowProspa
Prospa Business Loan
13.90%
$5,000 - $500,000 • 0.3-3 years
Within 24 hours
Best for: Fast unsecured working-capital access
Compare nowBanjo
Banjo Business Finance
14.20%
$20,000 - $500,000 • 0.3-3 years
1-2 business days
Best for: Growing SMEs needing flexible capital
Compare nowLumi
Lumi Line of Credit
14.55%
$10,000 - $750,000 • 0.5-5 years
24-48 hours
Best for: Reusable credit for ongoing gaps
Compare nowOnDeck
OnDeck Business Loan
15.00%
$10,000 - $250,000 • 0.5-3 years
24-48 hours
Best for: Fast online unsecured lending
Compare nowMoula
Moula Business Loan
15.80%
$5,000 - $250,000 • 0.3-2 years
Same day possible
Best for: Short-term cash-flow funding
Compare nowCapify
Capify Business Loan
16.50%
$5,000 - $300,000 • 0.3-2 years
Within 24 hours
Best for: Short-term revenue-linked funding
Compare nowRates shown are publicly advertised starting rates and ranges where available. Your actual rate depends on lender assessment, security, turnover, time in business, credit profile and loan structure. Updated 10 May 2026.
Decision guide
How this page is reviewed
Compare the main funding paths
How non-bank lender categories compare
Use this comparison to narrow the likely-fit category before researching individual lenders.