Limba Review

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"Fi was a pleasure to deal with. She responded quickly and easily. Highly recommend your service to any business. Thank you"

Our review of Limba

Limba is an Australian lender based in Queensland providing secured and unsecured business loans. The company offers loans that range from $5,000 to $200,000. Loan terms range from three months to two years. Limba lends to a variety of borrowers, such as established entrepreneurs, small businesses, and sole traders across almost any industry.

Cashflow LoanInterest-Only LoanCapitalised (Bridging Loan)
Amount$5,000 - $200,000$100,000$50,000
Maximum Term     2 years12 months3 - 6 months 
SecurityNo security for loans up to $50,000Real Estate                          Real Estate

Limba Loan Information

Loan TypeSecured Business Loan
Loan Amount$5,000 - $200,000
Loan Term3 - 24 months
Approval Time24 hours

Limba Business Loans Overview

Limba offers loans from $5,000 to $200,000 which can be used for a variety of business purposes, including: 

  • Increasing the number of staff 
  • Paying invoices 
  • Accessing short-term cash flow 
  • Launching a marketing campaign 
  • Acquiring stock 

You can apply for a business loan with Limba online. Once approved, funds can be made available in 24 hours. To complete the application process, you will need to supply: 

  • Driver licence 
  • ABN 
  • Business banking details 
  • Six months of trading history 

The rate applied to your loan will depend on the size and term of your loan, plus the strength of your business financials. Repayments can be structured around your cash flow in weekly, fortnightly or monthly instalments.

Limba Business Loan Review

Loan FeatureLoan Details
Approval Time24 hours
Minimum loan amount$5,000
Maximum loan amount$200,000
Minimum loan term3 months
Maximum loan term24 months
Collateral RequirementsSecured and unsecured loans are available
RepaymentsWeekly, fortnightly, Monthly
FeesAdditional fees may apply

Learn more about Small Business Loans in Australia.

How to apply for a Limba Business Loan

You can apply for a Limba business loan online. Approvals for loans can take as little as 24 hours. You will need to enter some basic details:

  • Name and Contact Details 
  • Business Name 
  • Loan Amount 
  • Repayment Type 
  • Repayment Frequency 

Limba will review your application and provide a quote within 24 hours. If the loan is approved, funds will be made available the next business day.

Limba Cashflow Loan Overview

  • Limba Cashflow Loans range from $5,000 to $200,000 
  • You can choose to pay off the loan in weekly, fortnightly or monthly payments over a maximum two-year term
  • There is no security required for loans under $50,000, while loans from $50,000 to $200,000 require real estate as security 
  • Your business must have been trading for at least six months.

Approval time24 hours
Minimum Loan Amount$5,000
Maximum Loan Amount$200,000
Maximum Loan Term2 years
Collateral RequirementsNo security required for loans up to $50,000
Loan above $50,000 require real estate as security
RepaymentsWeekly, Fortnightly, Monthly
FeesAdditional fees may apply

Limba Interest-Only Loan Overview

  • You can get an interest-only loan up to the value of $100,000
  • Loans have a maximum of a 12-month term 
  • Security is required in the form of property, as well as a clear repayment plan for the end of the term is also needed. 

Approval time24 hours
Maximum Loan Amount$100,000
Maximum Loan Term12 months
Collateral RequirementsRequires real estate as security
FeesAdditional fees may apply

Limba Capitalised (Bridging) Loan Overview

  • A capitalised loan is made for businesses which require short-term funding of up to $50,000 
  • There are no repayments until the end of the term 
  • Loans can range from three to six months 
  • A bridging loan requires real estate as security as well as a clear repayment plan for the end of the term 

Approval time24 hours
Maximum Loan Amount$50,000
Minimum Loan Term3 months
Maximum Loan Term6 months
Collateral RequirementsRequires real estate as security
FeesAdditional fees may apply Limba Summary

Limba offers businesses three flexible lending options in the form of cash flow loans, interest-only loans, and capitalised (bridging) loans. You can borrow between $5,000 and $200,000 with both secured and unsecured finance options. 

Customer reviews for Limba on Trustpilot are very positive, with the great majority of people rating it five stars out of five. Customers praised Limba for the following: 

  • Great customer service 
  • Quick turnaround times 
  • Understanding management 
  • Empathetic staff 

What sets Limba apart from other lenders is its personalised approach to lending. All applications are reviewed by people and do not rely solely on algorithms for making decisions. You can call Limba and be connected with an expert to help you with your borrowing needs.