Address Adelaide, Australia
CapTrove is part of Credit Corp Lending, which officially launched in November 2014 and wrote its first loan in February 2016 as Trove Capital. The business rebranded to CapTrove in November 2017 and has been trading under this name ever since.
Type of Loan - Unsecured business loan
Repayment Terms - 3 - 12 months
Amount: $5,000 - $60,000
Rates: Competitive - exact cost varies from business to business
In order to apply for a CapTrove business loan, your business will need to have a minimum of 6 months in business and generating at least $5,000 per month. You'll need to fill in some basic business details along with your recent business bank statements from your business's main trading account.
The CapTrove application is entirely online and can take just a few minutes to complete. You’ll need to fill out details of your business and provide your recent business bank statements. Team members are available to speak with if you need assistance along the way.
CapTrove is committed to ensuring that the privacy of your information is respected and is bound by the Privacy Act 1988 (“Act”), the Australian Privacy Principles (“APP”), the Credit Reporting Privacy Code (“CR Code”) as well as other applicable laws and codes.
CapTrove has a friendly customer support team that you can contact via phone, email, a form or even via chatbot during business hours.
Great for startups (only need 6 months in business)
Fast & simple process
Cash within 24 hours of approval
Transparent - all fees are stated clearly
If you’re looking for an unsecured business loan, and don’t need huge sums of money (<$60k) CapTrove provides a fast and simple way to get the funds you need in a totally transparent process.
Please note that all information provided in this review is accurate at the time of publication and is subject to change. The information contained in this review is provided for informational purposes only, should not be construed as legal advice on any subject matter and should not be relied upon as such. The reviewer accepts no responsibility for any consequences whatsoever arising from the use of such information.