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Take the next step in your stride with easier, faster lending

Apply online and get conditional approval, where eligible, in 20 minutes. Yep, it's that quick!

  • ANZ Next Step Business Loan: Borrow up to $200,000 unsecured at  under the Government Guarantee Scheme.
  • ANZ Business Overdraft: Borrow up to $100,000 unsecured.

What do I need to be eligible?

  • Sole trader or single director company
  • Active use of accounting software since 1 February 2019: Xero, Intuit QuickBooks or MYOB AccountRight
  • Have had an ABN for at least 12 months
  • Registered for GST for at least 12 months
  • Annual turnover of $75,000 or more

View full loan and overdraft eligibility criteria

  It only takes 20 minutes to apply

More lending options backed by the Government Guarantee Scheme


Borrow up to $1 million

  • ANZ Next Step Business Loan - secured and unsecureddisclaimer
  • ANZ Next Step Vehicle and Equipment finance


Find out more

Unsecured Business Loan


Unsecured Business Overdraft


Approval fee

Features and benefits

Borrowing money for your business is now less hassle and more hustle. Let's show you how.


Unsecured business lending

This means you don’t need to provide asset security, such as cash or property, although a personal guarantee may be required (for example, from company directors).

Fast online application without the paperwork

Share your business financials via a one-time connection to your accounting software platform and say goodbye to paper applications and supporting documents.

Conditional approval in minutes

Where eligible, get conditional approval in minutes and full approval within two business days.

Funds in days

Once approved, access your funds in under two business days of returning the signed contracts.

Business lending solutions

Our easy, step-by-step application will help you select the right product for your needs.


Unsecured Business Loan

A low-variable rate loan to help you manage and invest in your business.



Loan amount

Variable rate

Borrow money for up to five years.
Principal and interest monthly repayments.

Fees: No loan approval fee. No loan account fees


What you get

Great for

Growing your business

Exploring a new product range

Investing in your business

Unsecured Business Overdraft

Manage the ups and downs of your cash flow needs with a flexible line of credit.



Overdraft amount


Variable rate

No minimum or maximum term.

Fees: No upfront fee. Tiered annual fee based on your overdraft limit starting from $250 p.a.1


What you get

Great for

Managing interim cash flow needs

Preparing for a busy new season

Meeting day-to-day expenses

How it works

There are only four easy steps for you to complete - we do the rest.


1. Get started online

Tell us about your business and lending needs.

2. Link your business’ accounting software

Share your financials via a one-time connection to your accounting software subscription. A guided process will automatically determine your borrowing power.

3. Get conditional approval in minutes where eligible

Full approval within two business days.

4. Receive funds in your account

After you sign and return your contracts, you will receive funds in under two business days.

Eligibility criteria checklist


You, personally, need to be:

  • an Australian citizen or permanent resident aged 18+
  • a sole trader, or the sole director of your business
  • the key financial decision maker for your business

Eligible accounting software platforms

Xero, Intuit Quickbooks and MYOB AccountRight logos

Your business needs to:

  • be a sole trader or Australian private company with a valid ACN
  • have been actively using a Xero, Intuit QuickBooks or MYOB AccountRight subscription since 1 February 2019 (with the default currency set as AUD)
  • have a valid ABN for at least 12 months
  • be a non-franchised business
  • have had no change to its directorship or management structure for the past 12 months
  • be GST registered for at least 12 months, with an annual turnover of at least $75k
  • have less than $200,000 in existing business lending with ANZ (including this proposed credit application)
  • have no ANZ secured business lending
  • have no outstanding tax liabilities
  • ensure that each non-director shareholder owns less than 25% of your business

Additional Government SME Guarantee Scheme - Business Loans


If you’re taking out an ANZ Business Loan via ANZ Online Business Lending your application will also need to adhere to the Government Scheme rules.

Customers taking out ANZ Government Scheme lending are required, under the Scheme, to sign a Declaration to confirm their eligibility.

  • Your business must have an ABN. 
  • Your business must have an annual turnover that is less than $50m (2019-20 income year) and/or is likely to be less than $50 million (2020‑21 income year).
  • You are applying for new lending for business purposes. Refinance is only allowed for the re-finance of existing lending under Phase 1 of the Government’s Coronavirus SME Guarantee Scheme.
  • Lending cannot be used to: purchase residential property or a financial product; to lease, rent, hire or hire purchase some used assets; or for the provision of loans to an ‘associated entity’.
  • Lending is capped at $1 million in aggregate per ABN. This incorporates all lending that qualifies under the Scheme taken out by the ABN from any provider, excluding any Phase 1 Scheme lending.
  • All lending must be unconditionally approved with signed contracts returned to ANZ by 30 June 2021.

For more information and eligibility details, visit:  Government SME Guarantee Scheme FAQs.

Ready to get started?

Keep these details handy:

  • Your ABN/ACN
  • You'll need to login once to your accounting software, so ensure you have those login details on hand
  • Tax number (if you're an overseas citizen or resident)
  • Australian driver licence (optional)
  • Details of any existing business lending that you have, including overdrafts, loans credit cards and/or asset finance

Need to borrow more, or explore other loans?

No problem. We can work with you to tailor the right solution for the needs of your business. Talk to us today.

Contact us 

See other lending solutions

Questions? Here's the nitty gritty.

While both business loans and overdrafts involve borrowing money, they’re set up differently to meet different needs.

Business loan

A business loan has a set lending term and can suit small and large capital purchases. With a business loan you will make regular agreed repayments.

Business overdraft

Overdrafts are flexible short-term cash flow solutions that can help with the ups and downs of business by covering trading or seasonal cash flow cycles or managing working capital, e.g. paying suppliers or purchasing stock. Unlike business loans, overdrafts do not have set repayment commitments. You can draw on the funds in your overdraft, up to the agreed limit, and make deposits when funds are available. There is a fee that is applied to the limit, but you’ll only pay interest on the overdraft amount you use, not on the total limit.

With an unsecured business loan or overdraft you will not need to use your assets, like cash or property, as a form of security. Unsecured loans can be useful when you don’t want to tie your lending to your assets or if your assets are linked to other lending or contracts.

Financial providers tend to take an individual guarantee and indemnity from the director/s of the business taking out the unsecured lending. This means that if the business fails to meet its lending obligations, like repaying the loan, the director/s can be held responsible.

With ANZ Online Business Lending you will not need to provide an asset as security. Director/s of the business taking out the unsecured lending will need to provide an individual guarantee and indemnity.

To establish your financial eligibility, we’ll need to make a one-time only connection to your accounting software subscription. You’ll need to ensure that your financials are up-to-date and recent transactions are reconciled.

What information am I sharing?
Once you log into your accounting software subscription and provide consent, ANZ will securely consume and analyse your business’s financial data from 1 February, 2019 onwards, including:

  • profit and loss
  • balance sheetdisclaimer
  • historical transactions and supporting information

We may also use this information to identify ways we can help your business in the future and discuss these with you. All information you share will also be used in line with our Privacy Policy, which you can find at

If you are taking out an ANZ Business Overdraft, you’ll need a linked ANZ business transaction account. If you don't already have one, we will open an ANZ Business Advantage account for you. This low-cost transaction account gives you easy access to your money via ANZ Internet Banking, ATMs and branches.

Benefits of an ANZ Business Advantage account:

  • Unlimited ANZ transactions per monthdisclaimer
  • ANZ Business Visa Debit carddisclaimer and ANZ Internet Banking available
  • Daily payment limits of up to $50,000 (with ANZ Shield)
  • $10 monthly account servicing fee

At the end of the 20 minute online application, it’s possible that you’ll receive a conditional approval. This means that you’re approved for credit from us, subject to our team verifying the information you provided and checking your existing account conduct (where applicable).

It should take no more than two business days before we can provide the final, unconditional approval. There may be instances where we need extra information from you, which could extend this timeframe.

If the existing lending you have with ANZ is secured, you can speak to one our specialist business bankers about the best lending options for your needs.

If your existing ANZ business lending is unsecured, you may be eligible to apply for additional unsecured lending via ANZ Online Business Lending up to a total limit of $200,000 (inclusive of your existing lending and your proposed lending).

For eligible ANZ business loans that qualify for the Government Guarantee Scheme, the following standard fees have been waived:

  • ANZ Business Loan approval fee and loan administration charge (“account fee”)

You can read more about ANZ fees (PDF 162kB).

At the end of the ANZ Online Business Lending application we will ask for your consent to complete a credit check. The credit check involves ANZ accessing credit reports from credit reporting bodies. These credit reports contain information which assists us to assess your application, including information about your credit history with other credit providers.

No outstanding tax liabilities means you have no outstanding tax amounts owing to the ATO that are past the original due date which includes no payment arrangements or deferrals (including COVID-19).

For information about the Scheme, please visit ANZ’s dedicated content about the Government Guarantee Scheme

Alternatively, you can visit the Government SME Guarantee Scheme site.

Take the next step

Ready to apply?

Get started today to see what your business can achieve.


Apply online now

Call us

Available weekdays
Mon-Fri 8am to 8pm (AEST)


1800 801 485  

Request a call back

Ready to have a chat about your business needs? An ANZ Business Specialist is on standby.


Request a call back

Interest rates and fees are current as at Wednesday, 11 November 2020 and are subject to change without notice. The interest rate on Variable Rate Loans is subject to change throughout the term of the Loan.

All lending provided by ANZ under the Australian Government SME Guarantee Scheme is subject to ANZ's normal credit approval criteria. Terms and conditions and Fees and charges apply.  For information and eligibility rules please visit Government SME Guarantee Scheme.  

Any advice does not take into account your personal needs, financial circumstances or objectives and you should consider whether it is appropriate for you.

ANZ recommends you read the applicable Terms and Conditions and the ANZ Financial Services Guide (PDF 104kB) before acquiring the product.

Terms and conditions:

Finance Conditions of Use - ANZ Business Banking (PDF 174kB)Key Terms of your Business Lending – ANZ Business Banking (PDF 63kB)ANZ Business Overdraft Specific Conditions of Use - ANZ Business Banking (PDF 69KB)ANZ Term Loans Specific Conditions of Use - ANZ Business Banking (PDF 76kB)ANZ Business Transaction Accounts Terms and Conditions (PDF 383kB)

Fees and charges:

ANZ Business Banking Finance Fees and Charges (PDF 162kB)Business Banking Transaction Account Fees and Charges (PDF 134kB)Business Banking General Service Fees and Charges (PDF 131kB)

Unlimited ANZ transactions available using ANZ Internet Banking, ANZ Phone Banking, ANZ ATMs, ANZ Business Visa Debit and EFTPOS. Also includes any deposit, withdrawal or transfer at ANZ branches, cheques drawn by you and any cheque or manual merchant slip deposited to your account. Additional fees and charges apply to certain services, such as periodical payments, overseas ATM fees and international transactions.

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For an unsecured loan you won’t need to provide an asset as security, although a personal guarantee may be required (for example from company directors).

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For MYOB AccountRight users balance sheet data is consumed from subscription commencement.

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Eligibility criteria and terms and conditions apply. Please refer to the ANZ Business Transaction Accounts Terms and Conditions (PDF 383kB).

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