Interactive tool · 30 seconds
Business loan eligibility checker
Quick answer
Most FastBiz Loans products look for six basics: 6+ months trading, $5,000+ monthly revenue, an active ABN or ACN, an Australian resident director or owner, a business bank account and no undischarged bankruptcy. Answer seven quick questions below to see which of our six products fit.
What each question tells a lender
Every box on the list above has a reason behind it. Trading history and monthly revenue show that the business can carry repayments; the ABN or ACN confirms the business is real and registered; an Australian resident director or owner and a business bank account let the lender verify identity and read how money moves; and bankruptcy status is a legal limit on borrowing. Our guide to business loan eligibility in Australia goes deeper on each one — including what to do if you're close but not quite there.
Ticked everything? The next step is the 60-second enquiry. Have your documents ready — 3–6 months of business bank statements, photo ID and your ABN — and you could have a decision in as little as 4 hours.
Questions we get asked
Is the eligibility checker an application?
No. It's a quick self-check based on the answers you enter, and nothing is sent to us. To get a real answer, start the 60-second enquiry — it doesn't affect your credit score.
What if I don't tick every box?
You may still have options. Businesses under six months old can look at startup loans, and past credit problems are considered case by case. A lending specialist can tell you what would change the answer.
Why does monthly revenue matter?
Most business finance is repaid from the money your business brings in, so lenders look at revenue and bank statements to size a facility that fits comfortably.
Why do lenders need an Australian resident director or owner?
It's a standard requirement for Australian business lending because it underpins identity checks, credit checks and the lender's ability to enforce the agreement.
Ready when your business is.
One 60-second online enquiry. Decisions in as little as 4 hours, and same-day funding possible once you're approved.