Nobnk

What Nobnk does

NoBnk (also trading as 'No Bank') is an Australian non-bank lending platform that arranges alternative financing for small and medium Australian businesses that are rejected, overlooked, or underserved by traditional banks. The company is headquartered in Brisbane, operates as a credit representative of Beagle Finance Pty Ltd under Australian Credit Licence 383640 (and holds its own ACL 525666), and is founder-led with Paul Boyd-Skinner identified as the Credit Representative. No institutional capital, funding rounds, or headcount are disclosed.

The platform offers seven core lending products: Unsecured Business Loans (up to A$500k based on monthly turnover), Debtor Finance Solutions, Trade/Debtor Finance (up to 90% of invoice value), Real Estate Finance (A$200k–A$20M with LVRs up to 75%), Equipment Finance (up to A$2M), Development Finance (A$200k–A$250M for projects of 1–50 townhouses), and NoBnk Private Lending (A$100k–A$18M, rates as low as 6%). A separate NoBnk Lending Platform operates as a peer-to-peer marketplace connecting sophisticated investors directly with borrowers secured by real property, with investors keeping 100% of returns. The company also maintains iOS and Android mobile applications; specific underlying core technology, AI/ML capabilities, or underwriting algorithms are not disclosed.

NoBnk generates revenue primarily through transaction-based origination and arrangement fees on loans facilitated across its lender panel, supplemented by referral commissions of up to 30% paid to accountants and business advisors under its referral program. Customer acquisition combines direct online applications, phone inquiries (1300 66 2657), a channel partner referral network, and content-led marketing via a company blog, SEO, and organic social presence on LinkedIn, Facebook, and Instagram. The company has helped thousands of Australian businesses and reports hundreds of millions in settled loans, with growth attributed primarily to client referrals rather than paid acquisition or institutional scaling.

Name

Nobnk

Legal name

NOBNK Pty Ltd

Website

https://nobnk.com.au

Company type

Private

Founded year

2019

Operating status

Operating

Headcount range

1–10 employees

Short description

NoBnk is an Australian non-bank lending platform that arranges alternative financing for small and medium businesses rejected by traditional banks, offering seven lending products from unsecured loans to A$250M development finance and a peer-to-peer investor platform.

Ownership category

akta.pro rank

Product category

Alternative Commercial Lending

NAICS

Mortgage and Nonmortgage Loan Brokers (52231), Real Estate Credit (522292), Sales Financing (52222)

SIC

Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

akta.pro secondary industries

Real Estate / Property-Backed Marketplace Lending (Non-mortgage) (FSAKAHAG), Private Credit / Direct Lending (FSAAAHAG)

Keywords

• Non-bank lending
• Business finance
• Private lending
• Commercial lending
• Alternative lending

Headquarters

HQ city

Brisbane

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Others

Revenue model

1. Loan Origination and Arrangement Fees: NoBnk earns fees from arranging financing between borrowers and private lenders. The company facilitates loans across multiple product categories including unsecured business loans, debtor finance, trade finance, real estate finance, equipment finance, development finance, and private lending.
2. Referral Commission: The company operates a referral program offering up to 30% commission on fees to partners who refer borrowers. This includes accountants, business advisors, and other professionals.
3. Platform Facilitation (Lending Platform): NoBnk operates a peer-to-peer lending platform where investors lend directly to borrowers secured by real property. The platform facilitates connections but investors keep 100% of returns with no third-party fees deducted by NoBnk.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

NoBnk is a non-bank private lending specialist that arranges financing for Australian SMEs across seven product categories: unsecured business loans (up to $500k), debtor finance, trade/debtor finance, real estate finance ($200k–$20m), equipment finance (up to $2m), development finance ($200k–$250m), and private lending first mortgages ($100k–$18m, rates from 6%). It also operates a separate peer-to-peer investor platform that connects sophisticated investors directly with borrowers secured by real property.

Product overview

NoBnk is a non-bank lending platform offering a portfolio of seven distinct lending products for Australian businesses. The core offerings include Unsecured Business Loans, Debtor Finance Solutions, Trade/Debtor Finance, Real Estate Finance, Equipment Finance, Development Finance, and NoBnk Private Lending. These products are designed to provide flexible financing alternatives to traditional banks, serving businesses that are rejected or overlooked by major banks. The platform operates alongside a separate NoBnk Lending Platform for investors and includes a referral program offering up to 30% commission. The company also provides a mobile application for iOS and Android devices.

Differentiator

Problem solved

Functional benefit

Products and services

• Unsecured Business Loans

Quantifiable outcome

• Fast funding - entire process from application to funds in account can take as little as 48 hours
• +4 more outcomes

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

One partnership is on record.

• Beagle Finance Pty LtdcoreOthersBeagle Finance Pty Ltd (ACL 383640) is the Australian Credit Licence holder under which NoBnk Pty Ltd operates as a credit representative. This licensing arrangement provides regulatory coverage for NoBnk's lending and broking activities under the National Consumer Credit Protection Act 2009.

Scale indicators2 records

Recent moves1 record

Expansion highlights5 records

Direct peers

• Prospa: Prospa is Australia's leading online small business lender, providing unsecured business loans, lines of credit and real estate-secured loans to SMEs. It directly competes with NoBnk for the same Australian bank-rejected SME segment using a fast, digital application process.
• Plenti: Plenti is an Australian P2P/platform lender offering automotive, renewable energy and business loans. Its marketplace model connecting investors with borrowers mirrors NoBnk's P2P Lending Platform and competes for the same sophisticated/professional investor pool.
• Zagga: Zagga is an Australian P2P real estate-secured lending platform connecting wholesale investors with borrowers. It is the closest direct peer to NoBnk's P2P Lending Platform in terms of product (real property-secured) and target investor type (sophisticated/wholesale).
• Bizcap: Bizcap is an Australian/NZ-headquartered non-bank lender offering small business loans, debtor finance and equipment finance. It targets SMEs turned away by banks with rapid approvals, mirroring NoBnk's customer segment and speed-based value proposition.
• Moula: Moula is an Australian online business lender providing unsecured loans up to $250k based on business banking data. It targets the same small business, bank-replacement segment with fast decisions and no security requirements.
• Lumi: Lumi is an Australian fintech providing business loans and lines of credit to SMEs. It directly overlaps with NoBnk's unsecured business loan and working capital offerings for Australian small businesses.
• SocietyOne: SocietyOne is an Australian P2P lender providing personal loans and automotive finance. It shares NoBnk's marketplace lending model connecting investors with borrowers and competes in the broader Australian alternative finance space.

Broad incumbents

• Liberty Financial: Liberty Financial is a large Australian non-bank lender offering residential mortgages, commercial loans and asset finance. It overlaps with NoBnk's Real Estate Finance and Development Finance offerings and serves similar SMEs seeking non-bank property-secured credit.
• Pepper Money: Pepper Money is a major Australian non-bank lender providing residential mortgages, asset finance and commercial loans. It is a broader incumbent serving similar SMEs and self-employed borrowers with non-bank real estate-secured lending comparable to NoBnk's Private Lending and Real Estate Finance products.
• Funding Circle: Funding Circle is a global P2P small business lender operating across the UK, US and Europe. While not active in Australia, it is a benchmark business-P2P platform comparable to NoBnk's investor-facing marketplace in business model, technology and scale.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/nobnkau
• LinkedInlinkedin.com/in/paulboydskinner
• Instagraminstagram.com/no_bnk

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Nobnk