Business finance · ABN holders · Australia
Pay less weekly.
Not a cent more.
Finance the gear your business runs on — vehicles, equipment, tools. Smaller weekly payments than a normal business loan — and you pay no more overall.
*vs a normal business loan — same amount, rate & term, paid to the end · leave early: no refund
Normal business loan
$119/wk
bigger weekly payment
Milam
$112/wk
smaller weekly payment
Example: $25,000 · 5 years · 8.92% p.a. · ≈$34 a month — about $1,989 over the loan — stays working in your business · same total cost · indicative only, not a credit offer
Registered
You're on the waitlist with the $495 fee waiver locked in. We'll let you know when applications open.
How it works
↓
How Milam works
Step 01
Pay less each week
Your weekly payment is smaller than a normal business loan, from day one.
Step 02
Pay to the end
Paid more than a normal loan would've cost? Milam refunds you the difference.
Step 03
Own it
Make the small final payment. It's yours — keep it, keep the equity.
The refund at the end
Pay to the end of the loan and your total cost won't be a cent more than a normal business loan. It's written into your contract — we call it the Maturity Rebate.
⚠ Leave early → no refund. The normal balance applies.
⚠ Leave early → no refund. The normal balance applies.
A normal business loan's total
Your benchmark
→
Your Milam total
If it's higher…
→
Milam refunds the gap
So you pay no more
The numbers, straight up
← swipe →
| Normal business loan | Milam | |
| Weekly payment | $119.30/wk | $111.65/wk |
| Final payment at the end | $0 | $2,500 → $1,989 after refund* |
| Total cost | $31,018 | $31,018 — same* |
| You own it | Yes | Yes |
Example: $25,000 · 5 years · 8.92% p.a. · paid to the end. *The refund (we call it the Maturity Rebate) is a term of the loan, paid at the end only — leave early: no refund, balance applies. Indicative only — not a credit offer or advice.
Pay less each week.
Own it at the end.
Private beta. The first 5,000 ABN holders get the $495 sign-up fee waived.
🎯 loading… · $495 fee waived · this waitlist only · subject to approval & final terms
Business enquiries only · ABN required to proceed
#1,001
You're on the waitlist with the $495 fee waiver locked in. We'll let you know when applications open.
Run your numbers
Your loan
Your details
Amount (incl. GST)
$
$5k$30k
Rate (p.a.)
%
4%14%
How long
5 years
Small final payment (10%)—
Refund at the end—
Final payment after refund—
Your yearly business income
$100k–$200k
Only used to personalise your estimate — not stored
An estimate only — not a credit offer or approval. Your actual payments depend on your application and final terms.
Normal loan / week
—
Milam / week
—
Cash kept over the term
—
Final payment after refund
—
Your numbers · an estimate only · full breakdown below ↓
Side by side
Normal business loan vs Milam · full term
← swipe →
| Normal business loan | Milam | |
| Weekly payment | — | — |
| Smaller each week by | — | — |
| 💰 Cash kept in your business | — | — |
| Total repayments | — | — |
| Total interest | — | — |
| — At the end — | ||
| Final payment | $0 | — |
| Refund (Maturity Rebate) | — | — |
| Final payment after refund | $0 | — |
| Total cost | — | — |
| You own it | Yes | Yes |
The refund (Maturity Rebate): pay to the end, and if your total cost is higher than a normal business loan's, Milam pays you the difference against your final payment. So you pay no more than a normal loan. ⚠ Leave early: no refund, the normal balance applies. Figures above assume you pay to the end.
For your accountant
Business & tax settings
Sets the deduction & depreciation tables below
Business use %
%
10%100%
Your tax rate
%
19%47%
Depreciation method
Tax figures are a guide only. ATO effective life = 8 years. GST claimable only if you're GST-registered. Speak to your accountant.
Your Milam deductions — year by year
← swipe →
| Year | Interest | Depreciation | GST claimed | Total deduction | Tax saved | Cash paid (yr) | Tax saved so far |
GST Year 1
—
Total depreciation
—
Total interest
—
Total tax saved
—
Total cash out
—
Minus tax saved
—
Net cost to business
—
⚠ A guide only. Interest is the business-use share; depreciation uses ATO diminishing value (25% p.a.) or prime cost (12.5% p.a.) on an 8-year effective life. Deductions are essentially the same whichever way you finance the asset. Consult a registered tax agent.
Depreciation schedule — ATO method
DV 25% p.a.
← swipe →
| Year | Opening value | Rate | Full deduction | Business-use deduction | Tax saved | Closing value |
Who Milam is for
Who it's for
ABN holders, sole traders and registered businesses. Tradies, consultants, sales reps — anywhere in Australia.
How it's different from a normal loan
Same total cost. But your weekly payments are smaller — so more cash stays in your business while you pay it off. The asset's yours at the end either way.
Common questions
About Milam
Built for ABN holders.
Finance for the gear your business runs on — vehicles, equipment, tools — with smaller weekly payments than a normal business loan, a refund at the end so you pay no more overall, and you own what you finance. More of your cash stays in your business while you pay it off.
Private beta · business-purpose lender · outside the NCCP · ABN 52 477 928 344.
Still early.
The first 5,000 on the waitlist get the $495 fee waived.
🎯 loading… · $495 fee waived · this waitlist only · subject to approval & final terms
Business enquiries only · ABN required to proceed
#1,001
You're on the waitlist with the $495 fee waiver locked in. We'll let you know when applications open.