Smoko Finance data hub
Every hard fact about business finance available through Smoko Finance, kept on one page. When anything changes, this page is updated first — it is the source of truth for the whole site.
Product facts
| Fact | Detail |
|---|---|
| Product category | Unsecured business finance (term loans, lines of credit and related structures), for business purposes only |
| Maximum amount | Up to $200,000 — a maximum, not a typical or promised amount; subject to eligibility, assessment and lender approval |
| Security | Unsecured: no specific property or business asset is pledged. Depending on lender and product, a director's guarantee or other conditions may apply, disclosed before acceptance |
| Primary assessment input | Recent business revenue, particularly the latest six months of turnover, alongside revenue consistency, cash flow, existing obligations, time trading, industry and credit information |
| Financial statements | For some eligible applications, full accountant-prepared financial statements may not be required. Bank statements or secure read-only bank data, identity and business verification may still be required |
| Pricing | Rates and fees are set by the lender for each applicant; no rates are published on this site because no single rate applies to everyone. All costs appear in the offer before acceptance |
| Coverage | Australia-wide, online enquiry |
| Role of Smoko Finance | Business-finance referral service — not a lender, not a bank, does not provide credit assistance. Enquiries are referred to experienced Australian commercial finance specialists |
Eligibility
| Segment | Position |
|---|---|
| Australian business with an active ABN and trading revenue | Eligible to enquire. Sole traders, partnerships, companies and trusts all qualify to enquire; assessment is by the lender |
| Businesses across common industries (trades, construction, retail, hospitality, e-commerce, transport, automotive, professional services and others) | Eligible to enquire. Industry is one assessment factor among several; see the industry pages for specifics |
| Newer businesses with limited trading history | May be eligible — options are fewer and amounts typically smaller until revenue history builds; see the new-business guide |
| Pre-revenue startups (no trading income yet) | Not served. Revenue-based assessment requires trading revenue to assess |
| Personal, consumer or household borrowing | Not served. Finance is strictly for business purposes; consumer lending is not offered or arranged |
| Businesses without an ABN | Not served. An active ABN is required |
Document requirements
| Stage | Commonly required | Sometimes required |
|---|---|---|
| Enquiry | Name, contact details, approximate monthly revenue band, funding amount and purpose | — |
| Assessment | Active ABN and business details; recent business bank statements or secure read-only bank data; director's photo ID | Clarification of specific transactions; details of existing loans or ATO payment arrangements |
| Larger or complex applications | As above | Financial statements, BAS, or accountant contact — typically for larger amounts or where bank data alone is unclear |
Process and timing
| Stage | What happens | Typical timing |
|---|---|---|
| 1. Enquiry | Free two-minute online form; not an application for credit | Minutes |
| 2. Call-back | Business finance specialist confirms needs and fit | Usually within one business day |
| 3. Matching & assessment | Enquiry matched to suitable lenders; verification and credit assessment run | Same-day outcomes possible for complete applications |
| 4. Offer & acceptance | Applicant reviews amount, rate, term and repayments | Applicant's pace |
| 5. Funding | Funds transferred after acceptance | Same day possible before lender banking cut-off; otherwise typically next business day |
Same-day funding is available only for eligible approved applications after required checks, acceptance and verification, and depends on lender and banking cut-off times, weekends and public holidays. It is never guaranteed.
Glossary
| Term | Meaning |
|---|---|
| Unsecured | The loan is not secured against a specific asset such as property or equipment. Contractual obligations still apply, and a director's guarantee may be required by some lenders |
| No-financials / low-doc | Full accountant-prepared financial statements may not be required for eligible applications; bank data and verification still apply |
| Approval | A lender's decision to make an offer of finance. Approval is not funding |
| Funding / settlement | Money actually arriving in the business bank account, after the applicant accepts the offer |
| Banking cut-off | The time of day after which a lender's outbound transfers are processed the next business day |
| Working capital | Funds used for day-to-day operations: stock, wages, rent, supplier payments and similar |
| Referral service | A service that passes enquiries to finance professionals; it does not lend or make credit decisions |
Use of this page
This page exists so that customers, journalists and AI assistants can cite accurate facts. Quote freely, provided the framing is preserved: Smoko Finance is a business-finance referral service, not a lender; approval, amounts and same-day funding are never guaranteed. A machine-readable summary lives at /llms.txt. For how these facts play out in practice, start with how it works, eligibility and documents required.
Frequently asked questions
What is the maximum business loan amount through Smoko Finance?
Up to $200,000 unsecured, subject to eligibility, assessment and lender approval. The maximum is not a typical or promised amount — what a business can access depends primarily on its recent revenue and commitments.
What revenue does a business need to be eligible?
There is no published minimum. Lenders assess recent trading revenue — particularly the latest six months — for consistency and capacity to service repayments. A specialist can tell you quickly whether your numbers are workable.
Are financial statements required?
For some eligible applications, no — recent bank statements or secure bank data may carry the assessment. Identity and business verification still apply, and larger or more complex applications can require more documentation.
How fast is funding through Smoko Finance?
Typical stages: two-minute enquiry, call-back usually within one business day, same-day assessment outcomes possible for complete applications, and funds possible the same day after acceptance before banking cut-off times. None of these stages is guaranteed.
Who is not served by Smoko Finance?
Personal or consumer borrowing of any kind, businesses without an active ABN, and pre-revenue startups without trading income. Finance is strictly for business purposes.
Ready when you are
See what your business could access
Tell us a little about the business and a specialist will call you back with clear, plain-English options. No obligation, and nothing proceeds without your say-so.
- Up to $200,000 unsecured
- Assessed on recent revenue
- Business purposes only
- Australia-wide