Unsecured business loan · IT and technology
Unsecured business loan for it and technology
IT and technology finance is lending to managed service providers, software businesses and IT resellers, funding hardware for client deployments, software and licence costs, and the working capital of recurring-revenue models.
How a unsecured business loan works for it and technology
Unsecured lending suits asset-light technology businesses that have nothing conventional to secure against. A term loan can fund a hiring push ahead of contracted work, a product build, or the working capital gap on a large deployment. Lenders will assess bank statements and, increasingly, recurring revenue data. Pricing is higher than secured money and a director guarantee is standard. Be realistic about the repayment against your actual monthly collections rather than annual contract value.
The cash-flow pattern we plan around
Hardware and licence costs paid on 30-day distributor terms against client invoices settled 30–60 days later, or recurring monthly revenue that recovers up-front costs across a multi-year contract.
What it and technology typically fund
- Servers, networking and endpoint hardware for deployments
- Software licences and subscription costs
- Funding hardware sold on as-a-service contracts
- Hiring engineers ahead of contracted revenue
- Office and lab fit-out
Unsecured business loan for it and technology: the numbers
| Typical amounts | $5,000 – $500,000 |
|---|---|
| Term | 3–36 months |
| Indicative rates | 9.9% – 29.5% p.a. |
| Repayments | Daily, weekly or monthly |
| Speed | 24–72 hours after documents are received |
| Documents it and technology usually need | ABN and two years of financials or 12 months of bank statements · Contracted recurring revenue schedule · Distributor quote or purchase order for hardware |
Rates shown are indicative ranges observed across our lender panel for the period stated. They are not an offer or quote. Your rate depends on your business, the lender, the amount, the term and the security offered. The lender makes the final credit decision.
Key terms
Technology finance
Technology finance is lending for IT hardware, software licences and cloud services, often structured so that a three-year hardware purchase is repaid over the same term as the client contract it supports.
Recurring revenue lending
Recurring revenue lending is an assessment approach that sizes a facility against contracted monthly subscription income and customer churn rather than against physical assets or historical profit.
What is an unsecured business loan?
An unsecured business loan is finance provided to a business without a specific asset held as security. Approval is based on trading history, bank statements and cash flow. Most lenders still require a personal or director’s guarantee.
How is an unsecured business loan repaid?
Repayments are usually daily, weekly or monthly direct debits over 3 to 36 months. Some lenders quote a factor rate (total payable ÷ amount borrowed) rather than an annual interest rate, so always compare the total cost.
Who is eligible for an unsecured business loan in Australia?
Typical minimums are an active ABN, 6 to 12 months of trading and monthly turnover above roughly $10,000, but each lender sets its own criteria. Lyft Money checks fit across the panel before anything is submitted.