How do I get a business loan in Townsville?

Apply online, connect or upload six months of bank statements, and our credit team reviews the trading pattern behind them. If it is a fit you receive an offer setting out the amount, the term and the single fixed repayment. Nothing is drawn until you accept it in writing.

Do you take security over my property?

A director's guarantee applies to every facility, which makes a director personally liable if the business does not repay. It is not a mortgage over your home. We set out what it means before you sign rather than leaving it in the schedule.

We sell cattle once a year. Does that work with a monthly repayment?

Sometimes, and the statements decide it. We size the facility against what the account can carry through the months between sales rather than against the month of one, and we would rather lend less than set a repayment that only works after a sale.

Do you lend west and north of Townsville?

Yes. Eligibility is based on how the business trades rather than where it is registered, so operators in Ayr, Charters Towers, Ingham, Bowen and Mount Isa apply on the same terms.

How much does it cost?

The cost is quoted as a total, in dollars, before you sign, rather than as a rate you have to reverse-engineer. There is a worked example on the home page, and the team can price a specific scenario for you.

Is this regulated consumer credit?

No. GreyRok provides business-purpose finance only. These loans are not regulated by the National Consumer Credit Protection Act 2009 and are not available for personal, domestic or household purposes.

TOWNSVILLE BUSINESS LOANS

Business loans in Townsville, assessed by people who pick up the phone.

Short-term working capital for established Townsville businesses, $10,000 to $500,000, with one fixed repayment amount agreed before you sign.

Check my eligibility Speak to our team

Business-purpose lending only. Eligibility and approval criteria apply.

A business owner's hands beside a laptop and a stack of printed bank statements

LOAN RANGE: $10,000 to $500,000
REPAYMENT: One fixed amount
DECISIONS BY: Our own credit team

How does a Townsville business get short-term working capital?

A Townsville business with an active ABN, six or more months of trading history and at least $10,000 a month in revenue can apply to GreyRok Capital for $10,000 to $500,000. The application is online, the assessment is made by our own Australian credit team rather than passed to a third party, and the repayment amount is fixed and shown in writing before anything is signed.

Who we fund

Townsville businesses we lend to

Sector is rarely the deciding factor. Trading history, revenue and capacity to repay are.

Trades and subcontractors across North Queensland
Construction fit-out and civil contractors
Grazing, cropping and rural service businesses
Defence supply and facilities contractors
Transport and freight through the Port of Townsville
Mining services and industrial suppliers to the north west minerals province
Healthcare and allied health practices
Retail and e-commerce across the region

Why GreyRok

What Townsville borrowers get from us

How we assess

Our own capital facility, so the credit decision is ours to make.
Bank statements read by an Australian credit team, not scored by a black box.
Funding sized to what the business can comfortably repay, not the maximum it could carry.
Seasonal and progress-payment cash flow understood on its own terms, which is most of what we see in Townsville.

How it works for you

One fixed repayment amount, agreed upfront and unchanged for the term.
A director's guarantee, not a mortgage over your home, and we explain what it means before you sign.
An online application and a real person on 1300 070 666 when you want one.
Terms in plain English, with the total cost stated in dollars before you sign.

TOWNSVILLE DEMAND

Why Townsville SMEs are funding-active

Townsville's business base is split between the land and the port, with defence spending layered across both. Agriculture is the second largest sector, and almost none of these industries are paid in the month they spend.

People in the Townsville region: 249,097People in the Townsville region
Businesses in the region: 17,694Businesses in the region
Employing 1 to 19 people: 6,816Employing 1 to 19 people
Agriculture businesses, the second largest sector: 2,563Agriculture businesses, the second largest sector

Grazing and cropping businesses sell once or twice a year and spend continuously in between. Feed, freight, fuel and repairs do not pause between sales, and neither does the wages bill.

The port moves minerals out of the north west and equipment back in. The businesses servicing that chain work to contract cycles set by much larger customers, which compresses cost into short bursts.

Defence work around Lavarack Barracks and RAAF Base Townsville follows the same pattern as the resources sector. Mobilising people and plant on award of a contract happens well before the first payment against it.

Population: ABS Regional population, 2024-25, estimated resident population at 30 June 2025. Business counts: ABS Counts of Australian Businesses at 30 June 2025, via ABS Data by region.

Coverage

We lend across North Queensland

The application is online and the assessment is based on how the business trades, so your suburb makes no difference to eligibility.

Townsville city and inner

Townsville City
South Townsville
Hermit Park
North Ward
Railway Estate
West End

North and coastal

Kirwan
Thuringowa Central
Deeragun
Bohle
Garbutt
Mount Louisa

South and district

Idalia
Oonoonba
Stuart
Ayr
Charters Towers
Ingham

Apply

Four questions decide whether Townsville funding is a fit

Four short steps. Nothing proceeds until you have seen the terms and the fixed repayment amount in writing.

Start the application

Active ABN: Required
Trading history: 6+ months
Monthly revenue: From $10,000
Purpose: Business only

FAQ

Townsville business loan questions

More for Townsville businesses

Cairns business loansThe same facility in Cairns Brisbane business loansThe same facility in Brisbane Worked exampleWhat a facility costs, in dollars For brokersSubmit a Townsville deal to our desk

Ready to fund the next contract in Townsville?

Check your eligibility in about two minutes, or call the team on 1300 070 666 and talk it through first.

Check my eligibility Talk to our team