Pay Over Time for Business Customers
Get what you need now and pay weekly.
6 Months
Split into 26 equal weekly payments
Plan fee: 8%
8% of the invoice amount
First payment today
Then weekly repayments
Fast online approval
Approval within 30 minutes
Business use only
Company and Trust Only
How it works
Apply online
5-7 minutes. Fill out your business details.
Fast approval
30 minutes. We’ll confirm by email/SMS.
Activate plan
Make first payment to activate. Start using it right away.
We pay the seller
After your first payment, we pay the seller. You repay weekly.
Check your 6-month plan
Eligibility & What You'll Need
Minimum Eligibility
In business 12+ months
Registered Company or Trust (ABN)
$10,000+ monthly turnover
Invoice amount $500 - $20,000
What you'll need to apply
ABN & Business Details
Supplier Invoice
FAQs
Who is Funding Loop and Funding Loop Pay?
Funding Loop is an Australian Business Finance Marketplace, connecting businesses with the right funding solutions.
We have partnered with Choco Up, Asia-Pacific’s leading revenue-based financing platform, to bring Funding Loop Pay to businesses across Australia.
Funding Loop Pay is a business-only payment plan available exclusively through verified Funding Loop Pay merchants (participating sellers). It allows your customers to split eligible invoices into 26 weekly repayments, so they can get what they need now and pay over time.
Who is Choco Up
Choco Up has partnered with Funding Loop to bring Funding Loop Pay to businesses across Australia.
Choco Up is Asia-Pacific’s leading revenue-based financing platform, providing non-dilutive growth capital to help companies scale without giving up equity or navigating the complexities of traditional loans.
Through this partnership, businesses can now access Choco Up’s flexible funding solutions directly via Funding Loop Pay, empowering them to accelerate growth with confidence.
Who can apply?
Australian businesses with an ABN that have traded for 12+ months, are registered as a company (Pty Ltd) and turn over at least $10,000 per month.
How long does approval take?
Most applications are reviewed quickly after documents are submitted. You’ll receive an email with next steps. Approvals on average are within 30 minutes.
What documents will I need?
Typically your ABN, recent bank statements, and a short summary of your trading activity. In some cases we may request additional information.
Are there any other fees?
No setup or monthly fees. A 8% plan fee is added to your invoice amount. Late or missed payments may attract additional charges - see Terms.
Can I pay off early?
Yes - you can make extra payments or repay the remaining balance early. (Any applicable fees will be shown in your portal at the time.)
What invoice sizes are supported?
From $1,000 to $20,000, subject to approval.
Does this affect my credit score?
We assess your business using bank and trading data. Any credit checks (if applicable) will be noted during the application.
Who do I contact for help?
Our support team is here to help with applications, repayments and account questions: support@fundingloop.com.au | 1300 010 145