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Term Loan

Business Finance Made Simple

Renown Lending offers flexible term loans for Australian businesses—supporting growth, equipment upgrades, and seasonal needs with fixed repayments and fast funding.

✔ Borrow $25,000 – $1,000,000

✔ Weekly or monthly repayments

✔ No early repayment penalties

Why Choose a Term Loan?

Straightforward Funding for Growth

Use funds for any business purpose—from renovations to launching a new location. It’s your capital, your way.

Seamless Onboarding

Register online and link your bank account in minutes. Most loans are assessed quickly, with funds transferred the next business day once approved.

Flexible Repayments

Choose a weekly or monthly repayment schedule that suits your cash flow. Plus, repay early at no extra cost.

Tailored to Real Businesses

We support businesses across Australia with practical funding—without hidden fees or bank-style delays.

Product Features

  • Facility Type: Term Loan

  • Loan Amount: $25,000 – $1,000,000

  • Term: Up to 5 years

  • Repayments: Weekly or Monthly

  • Annual Interest Rate: 14.95% – 23.95%

  • Fees: 3% establishment fee

  • Early Repayment: No early repayment fees

Perfect for small to medium-sized Australian businesses needing reliable term loan solutions.

How It Works

  • Apply Online: Register in minutes and link your business bank account.

  • Upload Documents

  • Under $500k? We just need 6 months of bank statements.

  • Over $500k? Add financial statements and an ATO portal snapshot.

  • Get Funded Fast

Once your Term Loan is approved and your Loan Agreement is signed, funds are transferred the same day—typically available in your account by the next business day.

Frequently Asked Questions

  • Yes—if you have an Australian ABN, have been trading for 2+ years, and generate over $250,000 in annual turnover, you can apply.

  • For loans under $500k, we need 6 months of bank statements. For loans $500k and above, we’ll also request financials and an ATO portal snapshot.


  • Once you sign the Loan Agreement, we initiate the transfer immediately. You can expect the funds to land in your business bank account the next business day.

  • Our term loans are designed for flexibility and fast access—ideal for Australian businesses that want straightforward repayments without early exit penalties.

Ready to Apply for a Term Loan?

Whether you're scaling up or upgrading equipment, our term loans give you the capital and confidence to grow.