Fundspot

What Fundspot does

FundSpot (legal entity: Business Solution Australia Pty Ltd) is an Australian online small business lender founded in 2022 and headquartered in Burwood, NSW. The company offers a 12-product loan portfolio spanning premium secured products (First Mortgage, Second Mortgage, Equity Business Loan, Caveat Loan, Bridging Finance, Low Doc Business Loan) and standard products (Fast Business Loan, Mid-Term, Startup, Bad Credit, Franchise, Unsecured), with principal sizes from $3,000 to $500,000 (up to $1 million as quoted on the homepage) and monthly interest rates from 1.25% to 2.0%. Its go-to-market combines a digital-first self-serve application portal (3-minute application, automated document verification, read-only bank statement aggregation, and a dedicated online client portal for repayments and draw-downs) with inside-sales support from dedicated business managers, a partner/broker referral program, and a Service NSW Business Bureau channel partnership that gives it government-affiliated access to NSW SMBs. The company serves Australian small business owners, startups under six months old, franchise buyers, bad-credit borrowers, and property-owning businesses across all states, with stated 91.24% customer satisfaction and recognition in 2025 by the Australian Achiever Awards plus editorial coverage in Yahoo Finance, Business Insider, and The Guardian. FundSpot monetizes primarily through monthly interest on originated loans (its stated fee structure is a simple interest rate on outstanding balance with no early repayment penalties) and fees from facilitating loans between borrowers and its lender/investor capital sources; the company is privately held and bootstrapped, with 11-50 employees and no disclosed funding rounds, parent company, or revenue figures.

Name

Fundspot

Legal name

Business Solution Australia Pty Ltd

Website

https://fundspot.com.au

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

FundSpot is an Australian online small business lender offering a 12-product loan portfolio from $3,000 to $500,000, serving startups, SMBs, franchise buyers, and bad-credit borrowers across Australia with a digital application portal and dedicated business managers.

Ownership category

akta.pro rank

Product category

Small Business Lending

SIC

Short-Term Business Credit Institutions (6153)

akta.pro primary industry

SME Term Loans & Growth Capital (FSAKAGAB)

akta.pro secondary industry

Cash Advance (Online & Storefront) (FSAKAMAC)

Keywords

• Small business loans
• Commercial lending
• Secured business funding
• Online lending platform
• SME loan facilitator

Headquarters

HQ city

Burwood

HQ country

Australia

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Interest Income: FundSpot earns interest on loans provided to small businesses. Interest rates vary by product from 1.25% per month (equity loans) to 2% per month (second mortgage), with the company stating 'the only thing we charge you is a simple interest rate applied against your outstanding balance.'
2. Loan Facilitation: As a business loan lender, fund and finance facilitator and commercial aggregator/referrer, FundSpot earns fees for facilitating loans between borrowers and lenders/investors.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

FundSpot operates as an Australian online small business lender operating under Business Solution Australia Pty Ltd. It directly originates, facilitates, and aggregates commercial loans ranging from $3,000 to $500,000 for Australian SMEs, with a 3-minute online application, pre-approval decisions within 3-5 minutes, and same-day funding capability. The product portfolio includes 12 loan variants spanning secured (mortgage, caveat, equity) and unsecured (startup, bad credit, franchise, fast, mid-term) facilities tailored to small business needs.

Product overview

FundSpot operates as an Australian online small business lender offering a portfolio of 12 distinct loan products across two categories: Premium Business loans (First Mortgage, Second Mortgage, Equity Business Loan, Caveat Loan, Bridging Finance, Low Doc Business Loan) requiring property collateral, and Standard Business loans (Fast Business Loan, Mid-Term Business Loan, Start Up Loan, Bad Credit Loans, Franchise Loan, Unsecured Loans) with more flexible eligibility. The core offering centers on providing fast, accessible funding to SMEs with streamlined application processes, same-day funding options, and consideration for businesses with limited credit history or trading history. Loan amounts range from $3,000 to $500,000 with terms from 1 month to 3 years and interest rates from 1.25% per month.

Differentiator

Problem solved

Functional benefit

Products and services

• First Mortgage Loan A secured business loan using commercial or residential property as collateral, offering interest rates from 1.5% per month, loan amounts from $100,000, and repayment terms up to 3 years including extension options; targeted at property-owning Australian SMEs with market value over $700,000.
• Second Mortgage Loan An additional financial interest on a property already subject to an existing mortgage, providing quick access to funding by leveraging equity; loan amounts from $50,000 with interest rates from 2% per month and 1-3 business days settlement for property with LVR under 75%.
• Equity Business Loan A loan enabling property owners to access funds by leveraging built-up property equity, with fixed terms, predictable payments, and competitive rates from 1.25% per month; loan amounts from $10,000, terms from 1 month, for property with LVR under 80%; bad credit considered.
• Caveat Loan Short-term secured loans where a caveat is placed on a property title, providing flexible fast funding for residential, commercial, or industrial properties; loan amounts from $5,000 to $50,000, terms from 1 month to 2 years, interest rates from 1.75% per month, borrow up to 80% of property value.
• Bridging Finance Short-term funding to cover financial gaps such as buying a new property before selling an existing one; loan terms from 1 month up to 6 months with capitalisation available.
• Low Doc Business Loan Business loans with simplified documentation requirements, approved based on bank statements or turnover rather than extensive financial records; designed for entrepreneurs without extensive financial documentation.
• Fast Business Loan Quick-access funding with online application and 24-hour approval for small-scale businesses needing urgent cash flow support; loan amounts from $3,000 to $50,000, no early repayment fees, new business welcome, flexible repayment available.
• Mid-Term Business Loan Flexible funding with repayment terms from 1 to 2 years, suitable for expansion, equipment upgrades, or working capital; interest rates from 1.75% per month for established businesses with minimum 6 months trading history, fair credit history, and stable turnover; fixed interest rate.
• Start Up Loan Business loans tailored for new businesses with less than 6 months of operation; no collateral required with flexible amounts, terms, and repayments; loan amounts from $3,000, bad credit considered, and a fast 3-minute application.
• Bad Credit Business Loan Business loans for entrepreneurs with credit history challenges; eligibility is evaluated on business potential and current financial stability rather than relying solely on credit history, using scenario-based assessment.
• Franchise Loan Financing for purchasing a franchise or existing business, covering franchise fees, equipment, initial inventory, and operational costs; requires a business purchase contract.
• Unsecured Business Loan Loans without collateral, approved based on sales performance and credit history; loan amounts from $5,000 to $500,000, terms from 3 months to 5 years, interest rates from 1.46% per month, requires good credit history and stable monthly turnover; line of credit available.

Quantifiable outcome

• 91.24% customer satisfaction rate
• +2 more outcomes

Segments5 records

Ideal customer profiles5 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Two partnerships are on record, tiered core.

• Service NSW Business BureaucoreChannel Partner/ Reseller/ Distributor · 23 May 2024Partnership with Service NSW Business Bureau to provide funding solutions to small businesses in New South Wales. The partnership is designed to help businesses access finance options through a government-affiliated channel, with FundSpot participating in the Service NSW Business Bureau program.
• Partner Referral NetworkcoreChannel Partner/ Reseller/ DistributorFundSpot has a partner program allowing brokers, agents, and business referrers to register and direct clients to FundSpot's lending services. Partners receive industry-leading customer service support for their clients with faster access to funds through the collaborative approach.

Scale indicators3 records

Recent moves5 records

Expansion highlights6 records

Direct peers

• Lumi: Australian SMB lender offering unsecured business loans and lines of credit to small businesses. Comparable in product structure (line of credit, fast approvals) and SMB target market.
• Max Funding: Australian commercial finance broker specialising in small business loans, asset finance, and property-backed lending. Comparable in the SMB lending space and in serving underbanked borrowers, with a similar multi-product, multi-collateral approach.
• Bizcap: Australian online lender offering small business loans from $5K to $500K with fast approval and bad-credit consideration. Direct overlap with FundSpot's fast business and bad credit loan products.
• Prospa: Australia's largest online small business lender, offering fast approval and a broad suite of unsecured and secured business loans. The closest direct competitor to FundSpot in product, customer (Australian SMBs), and digital-first delivery model.
• Capify: Australian SMB lender providing working capital, lines of credit, and merchant cash advances to small businesses. Comparable product range and SMB focus, with similar positioning around fast decisioning.
• Valiant Finance: Australian commercial loan broker and direct lender serving SMBs with a multi-product suite including unsecured, secured, and equipment finance. Comparable in product breadth and SMB focus, with a partner-driven distribution model similar to FundSpot's broker/referrer network.
• Moula: Australian online lender offering unsecured business loans up to $500K to SMBs using cash-flow analytics. Competes head-to-head with FundSpot's unsecured and fast business loan products on speed and accessibility.
• Spotcap Australia: Online SMB lender active in Australia offering flexible business loans and lines of credit. Comparable in online application, fast decisioning, and SMB customer segment.
• OnDeck Australia: US-founded online SMB lender with a long-standing Australian operation, providing term loans and lines of credit to small businesses. Directly comparable in target customer, speed-of-funding value proposition, and online application experience.

Broad incumbents

• Plenti: ASX-listed Australian fintech lender offering consumer and business loans, including asset finance and renewable energy finance. Overlaps with FundSpot's SMB lending category but operates as a broader digital lender with a much larger balance sheet.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/FundSpotAU
• Instagraminstagram.com/fundspotaustralia

Revenue estimate

Valuation estimate

Number of profiles

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 Fundspot