Term Loan

Funds for your business needs

Support your business with an easy-to-access finance solution.

  • Seamless onboarding

    Register online to open an account and access up to $1 million.
  • Flexible account

    Access the funds you need to operate and grow your business.

Product information

With Shift’s Term Loan, businesses can borrow from $25,000 to $1 million. Funds can be used for any business purpose including capital projects, expanding premises, building a second store or acquiring a larger warehouse.

  • Term

    Up to 5 years
  • Repayments

    Weekly or monthly
  • Account limit

    Up to $1 million
  • Annual rate

    14.95% - 23.95%
  • Fees

    3% establishment fee
    No early repayment fees

How it works

  • Register online to open an account

  • Link your business bank account
  • Once approved, funds are transferred directly to your business bank account


  • Is my business eligible for a Term Loan?

    We can assess any business with an Australian ABN that has been trading for two years or more with a minimum annual turnover of $250,000.

  • What documents are needed to process a business loan application?

    Registration is simple and can be completed online. We require a completed Application Form and 6 months of bank statements to process Term Loan applications under $500,000. For Term Loans of $500,000 or more, we also require financial statements and a snapshot of the ATO portal.
  • How long does it take to process funds?

    Once you sign the Loan Agreement, the funds are transferred that day and should be in your business bank account the next business day.
Learn more

The IDC DX Awards recognise the achievements of businesses that have digitised multiple areas of their business with digital and disruptive technologies. Shift (known as GetCapital at the time) was awarded the Digital Disruptor of the Year and Omni Experience Innovator. Acknowledging how Shift provides a better experience for buyers and suppliers through Shift Trade.  

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The Commercial & Asset Finance Brokers Association of Australia (CAFBA) awards celebrate the broker industry. Shift has been awarded Fintech of the Year - voted entirely by brokers – for the last four years running. Brokers are our partners and we’re grateful for the continued trust we receive to work together to provide Australian businesses with the right financial products.
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Shift was listed in the Financial Review Fast 100, recognising Australia’s fastest growing companies. Shift was acknowledged for growth across all products and strong customer engagement.  

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