Boost Business Loan
Whether you need a quick cash boost to cover cash flow gaps or are ready to invest in growth, our business loans are designed to help small and medium-sized businesses achieve their business goals.
- From
- 0%
- Fixed
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Fixed · 3 years There are no hidden fees and interest rates / charges for our business loans. We offer a low, up front flat fee and drawdown fee structure that is paid off with your weekly repayments. | 0% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Drawdown / Establishment Fee The Boost Drawdown Fee, sometimes referred to as the 'Establishment' fee, is calculated as a percentage of the original loan advance. For loans over $200,000 the drawdown fee is 2% of the loan advance. For loans under $200,000 the establishment fee is 3% of the loan advance.
| Upfront per plan | 3% of transaction |
| Dishonour or Missed Payment Fee All repayments are schedule by direct debit. A fee will be charged upon the dishonour or non-payment of any scheduled direct debit request. | Dishonour | $25.00 |
| Facility Fee There are no hidden fees or charges with our Boost Business Loan. Our simple flat facility fee and drawdown fee structure are built into your repayments. The Boost Facility Fee starts from 12%* for facilities over $200,000 or from 16%* for facilities under $200,000. *The facility fee is expressed as a simple interest rate per annum and will vary based on credit assessment. For example, a facility fee rate of 15% per annum applied to a facility with an 18-month term results in a total facility fee of 22.5% of the approved loan advance (calculated as: 15% × 18 / 12 = 22.5%). The facility fee is calculated on the approved loan advance. The applicable rate will be determined by several factors, including market conditions like the cash rate, the business’s risk profile, and the loan amount. Businesses with stronger asset bases, solid credit histories, and secured loans typically benefit from lower facility fee rates. | Upfront per plan | 12% of transaction |
Instalment Plans
- Plan Splits
- 6–156 instalments
- Concurrent Plans
- Up to 1
Features
- Extra repayments
- ScotPac will not charge any penalties for extra repayments or early payout.
- Simple Fee structure: There are no hidden fees and interest rates / charges for our Boost Business Loan. We have no application fees or account keeping fees. We offer a low, up front flat fee and drawdown fee structure that is paid off with your weekly repayments.
Eligibility
- Minimum turnover — $10,000.00 p.a.Monthly Turnover: Your business must have a minimum turnover of $10,000 per month in total sales.
- Required Documents: When you submit your application through our easy to use online portal, you will need to provide: Six months of business bank statements, a completed application including privacy consents, and Photo ID for all directors and borrowers. For secured loans, additional documentation related to your collateral may also be required.
- There is no upfront security required for funding under $100,000. For funding over $100,000 an applicant must, at minimum, own property. For funding over $200,000, property security will be required.
- Business customersApplicant must have an ABN and have been trading for at least 12 months, with records of consistent sales. Business Owners must be 18 years or older and either an Australian citizen or permanent resident. Entities trading greater than 12 months are eligible to apply for limits up to $200,000, while entities that have been trading greater than 36 months are eligible to apply for limits up to $500,000.
Constraints
- Minimum limit — $10,000.00ScotPac's Boost Loan has facility limits starting from $10,000.
- ScotPac's Boost Loans have a minimum term of 6 months. There is no penalty for early payouts. — Minimum Term
- Maximum limit — $500,000.00Facility Limits available up to the lesser value of $500,000 or a percentage of average monthly sales. For loans up to $100,000, the loan amount can be up to 125% of your average monthly sales. For loans from $100,000 to $500,000, the loan amount can be up to 150% of your average monthly sales. Entities trading greater than 12 months are eligible to apply for limits up to $200,000, while entities that have been trading greater than 36 months are eligible to apply for limits up to $500,000.
More Information
Published by ScotPac Business Finance under the Consumer Data Right · Last updated 10 July 2026 · Product ID BBL26 · View Source Data (JSON)