An easy way to apply for business finance

We’re piloting a new way for some of our Xero customers to access business finance from within Xero.

A baker applying for small business finance sends an application from their mobile phone.

Why apply for business finance in Xero

Greater confidence

We’ll only show you finance options you’re eligible to apply for, giving you greater confidence when you apply.

Receive quotes

Compare customised quotes in Xero so you have time to think about the options before you apply or are contacted by lenders.

Three customised quotes from Xero.

Easy application

The power of Xero data makes applying for finance from within Xero smooth, simple and fast.

A business owner looking at their finance application details on Xero, using their mobile device.

Fast decisions and funding

You may get a decision on applications within as little as 24 hours, and sometimes instantly. Once approved, funding is fast.

A small business owner adjusts their glasses as they check their finances on Xero on their mobile device.

How to access finance within Xero

Browse business finance options

Participants in the pilot can explore options via the ‘Access finance’ link on Xero’s bills to pay or invoices page.

1. Request a quote

First, consent to sharing limited Xero financial data. No personal data is shared, so lenders can’t contact you until you’re ready to apply.

Step 1. A small business owner, seated at their laptop, requests a quote.

2. Review your quote

Based on your data, Xero presents only business finance options that you’re eligible to apply for.

Step 2. A small business owner checks finance options using a calculator and notepad.

3. Apply for finance

Consent to sharing additional data to support your application. Lending partners may contact you to progress your application.

Step 3. A small business owner signs an application.

4. Receive a decision

If your application is completed in full, a decision can be made by the lender in as little as 24 hours.

Step 4. A lender gives the tick of approval on an application.

5. Set up the loan

If approved, you’ll need to set up your loan. Then, generally, funds can be accessed in as little as 48 hours, and sometimes immediately.

Step 5. A mobile device displays a tick  to show that loan funds are now available in the business account.

Lending partners in Xero

Meet our pilot partners

Our pilot partners include two lending partners offering three lending products to cover the varied needs of small businesses.

NatWest Rapid Cash

Powered by a revolving line of credit, Rapid Cash is an ongoing service that helps you access money tied up in unpaid invoices.

Find out more
The NatWest Rapid Cash logo.

iwoca Flexi-loan

Helping small businesses with short-term cash flow, this is a flexible loan that can be repaid over a period of 12 months or less.

Find out more
The NatWest Rapid Cash logo.

Get finance ready

Have your Xero financials up to date, and ask your advisor for guidance on finding the best financing solution for your business.

Work with your advisor

Make sure you have an accountant or bookkeeper to help you set up for your finance application, and to oversee your Xero account.

Find an experienced advisor

Connect your bank to Xero

Set up bank feeds direct to Xero and create bank some rules, so your bank transactions automatically flow in and reconciliation is easier.

Find you how to connect your bank accounts

Optimise Xero for powerful data

Use Xero to automate the entry of information, such as email to bills. The more information flowing in, the more powerful your Xero data.

Find out about email to bills

Prime your business for approval

Make sure all information in Xero is correct, complete and up to date. Reconcile all your transactions before you start a loan application.

Learn about bank reconciliation

Be ready to share Xero access

Capture and store your documents and digital records such as bank statements in Xero so lenders can use them to validate your identity.

Capture and store documents in Xero
A business owner updates Xero on their notebook computer, seated at a desk, while a cat plays with a ball on the floor.

Your questions, answered

Get answers to frequently asked questions about Xero and business loans and finance.

See the FAQs
A Xero expert explains business loans and finance to a small business owner, using charts displayed from a notebook computer.

App lending partners

If you’re not part of the pilot, your Xero data can be helpful when you apply for finance with any of the finance apps from our partners.

Browse business finance partners in app store
A Xero partner sitting at a notebook computer with the Xero logo sticker on the cover.

Not sure about business financing?

Take a look at ‘How to finance your business’ to understand the different types of finance and how they could help address cash flow issues.

Read the guide
A builder wearing a hi-vis vest and toolbelt, holding a clipboard and a bag of money.

Important notices

This page contains general information only and should not be taken as taxation, financial, investment or legal advice.

Xero recommends you always obtain specific, detailed professional advice about business, lending or credit decisions.

It’s up to you to assess the suitability of any loan, product or service before going ahead.

Note that, for regulatory reasons, you won’t be able to apply for small business finance using your Xero data if you are an individual, partnership of two or three persons (unless all partners are bodies corporate), or an unincorporated body of persons (unless all persons are bodies corporate) which is not a partnership.

Xero may receive payments or commissions from lenders when Xero customers choose their financial products or services.

Start using Xero for free

Access all Xero features for 30 days, then decide which plan best suits your business.

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