Unsecured Business Loans Long Bay NZ

If You Do This Today, You'll Be Getting Ready For Success With a Long Bay Business Loan

Unsecured Business Loans Long Bay

A Long Bay unsecured business loan is quick and simple to get. Approve your loan in a matter of minutes and begin using the money in your business.

  • Would extra funds help your company by allowing you to work capital or for the potential for growth?
  • How do you finance your company needs?

What you can expect:

  • It’s easy to apply and get approved and funds as soon as tomorrow
  • Optionally no reayments in the initial 4 weeks
  • The range of borrowing is from $5k to $500K.
  • Terms from 3-36 months
  • Competitive interest prices
  • Minimal docs

The eligibility requirements for an unsecured business loan to be made in Long Bay are fairly minimal.

I can get my tax back to keep me on track.
Small Business Owner
Business business loans, interest rates and repayment terms, as well as flexible repayment options to fit what your business requirements.
Business Lending Options
I am now able to make beverages for clients with the best equipment.
Cafe Owner
I'm now able to go on vacation knowing that the Long Bay business will run without a hitch.
Local Business Owner
Simple loan application procedure with a generous limit on borrowing, no credit criteria and no need to present a business plan. You no longer need to use your personal credit card and company credit cards to fund your business.
Unsecured Loans Made Simple
Business loans, particularly an unsecured unsecured business loan or line of credit for business financing require never be an stressfull process. Business finance can be in the form of small business loans at a fixed interest rates and repayment time which is compatible with your company liquidity.
Business Lenders for Business Goals
I can now hire an professional marketer to boost my business to the next level.
Growing Long Bay Business
I'm now able fund the renovation of our newly constructed Long Bay resturant without having to borrow cash from other restaurants.
Long Bay Resturant Owner
Unsecured Business Loan Service Provider

Fast Approval Process

Requesting an company loan in Long Bay with us is easy and takes only a few minutes, no long lines of paperwork or waiting in line.

Be approved and receive your funds within one to two business days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We are aiming to assist Long Bay businesses of all kinds, from small to medium-sized soloprenuers to get access to money quickly, so that they can utilise the loan to expand and grow.

  • It begins with an easy online application or by phone
  • Flexible repayment terms to meet the requirements of your company
  • Fast and quick funding within a single day or two
  • A team wanting to see you succeed as well as you business to be successful
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The criteria for eligibility for an unsecured business loan in Long Bay of between $5K to $100K are quite minimal.

  • Minimum of 6 months in business
  • At least $6,000 of revenue per month
  • Be a New Zealand based company with a New Zealand Business Number (NZBN)
  • Passport or Driver’s License for evidence of identity
  • Use an account with a New Zealand bank as your primary account for trading
  • Bank statements from the previous 6 months

Are you looking for additional funding? Review the guidelines for eligibility for our $100K to $500K company loan.

Here's How Other People Have Benefited

Examples of Business Loans

Acquiring a pizza restaurant and two liquor stores 6-12 months earlier, the new owners were looking for additional funds. The total revenue of the two stores was more than 500K per month. They could borrow $300K and split it into $100K for each store, with the option of 24- and 36 months. No security over the owners homes was required.
Owner of a Pizza Store & 2 Liquor Stores
A restaurant owner was wanting to open a second location and needed funds for the renovation. The bank was not willing to help. The average monthly income for them was $50K and they were able to get a loan of $66K in 24 months. Turnaround was only 8 hours.
Restaurant Owner
An interior designer saw an opportunity to increase the size of their business and required working capital to fund this expansion. With a monthly income of $300K, they took out a loan of $250K for 24 months. Turnaround time for them was only two days and all they had for them to present the required documents were twelve months' bank statement, IRD confirmation, and trust deed.
Interior Designer
A company coach was looking to invest in a well-being as well as beauty business. With just a little more than 12K in revenue per month the company borrowed $24K over 24 months. The loan required twelve months worth of statements and was completed in just 8 hours.
Business Coach
With the busy Christmas season nearing, a clothing store needed additional working capital to fund extra stock and take advantage of discounts offered by suppliers. They borrowed $20K over 12 months, with no collateral for their assets, and they had the money in just 24 hours.
Clothing Store
Simple eligibility checklist

Larger Long Bay Business Loan Eligibility Criteria

The requirements for eligibility of loans from larger Long Bay business loans of between $100K to $500K comprise:

  • Minimum of 3 year’s experience in business
  • At least $700K of annual revenue
  • Be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Passport or Driver’s License for identification proof
  • Use an account with a New Zealand bank as your principal trading account
  • Bank statements from the last 6 months
  • Some financial statements like Profit & Loss as well as Aged Accounts Payable and Receivable

Are you looking for a lower amount of money? Find out the conditions for eligibility for our $5K-$100K Long Bay unsecured business loans.

Business Lending for a Cash Injection

What do you want to use the business loan in Long Bay for?

A Long Bay unsecured loan is great for nearly every business purpose. Contact us now.

  • Expand or renovate commercial properties
  • Hire more staff during busy times
  • Increase stock quantities to keep up with demand
  • Build a new website or increase your marketing
  • Make sure you invest in new tools, equipment or the latest technology
  • Make sure you have extra stock on hand to meet seasonal demand
  • Control cash flow fluctuations
  • Plus many more …

Want to get started on one of these as soon as tomorrow? Then get in touch with us or send your application online to apply the fastest, most convenient way.

Quick application checklist

What do you need to apply

All that’s needed to start is your contact details (company name, your name, email address or phone number) and the amount you’d like to borrow and your monthly income.

Through the process and before settlement we’ll require confirmation of your identity but not to get started:

  • Information on Idenfication (valid Driver’s Licence)
  • Business information including trading times as well as ownership information and NZBN (New Zealand Business Number)

Additionally after we get started in the process, for loans of more than $150,000 you’ll require basic financial statements:

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started now.

 

Apply Now







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    Here's How Others Have Benefited

    Examples of Business Loans

    The owner of a tiny grocery store making $70K a month borrowed $76K over a 24 month period with no repayments for the first four weeks. The loan required 12 months of bank statements. The turnaround time was only 6 hours from the time of application until receiving the funds.
    Grocery Store Small Business Loan
    A business coach was seeking to invest in the well-being and beauty business. With just under $12K in monthly revenues the company borrowed $24K over 24 months. The loan required the submission of 12 months' bank statement and was done in 8 hours.
    Business Coach
    With the busy holiday season fast approaching, a clothes store required additional working capital to purchase more inventory and benefit from the discount offered by suppliers. They borrowed $20K over 12 months without security for assets and received the money in just 24 hours.
    Clothing Store
    A gym that had been in operation for more than 3 years decided to increase its size and needed more equipment. With monthly revenue of $37K they borrowed $72K over a 24 month period. There was no security requirement and the loan was ready to go within 24 hours.
    Gym
    Following the purchase of a pizza place and two liquor stores six to 12 months prior, the new owners were looking for additional funds. The revenue total was greater than $500K per month . The owners could borrow $300K, split out as $100K per store with a mix of 24 and 36 month terms. No security over the owner's homes was required.
    Owner of a Pizza Store & 2 Liquor Stores

    The lending landscape has changed

    With banks and traditional lenders restricting credit and the constant stream of alternative and non-bank loan providers entering the market offers the perfect source for you to make use of.

    Long Bay SME’s are now being able to get finance from alternative lenders who service Long Bay who are focused on facilitating company growth or smoothing out cash flow issues. In the past individual credit providers (drawing equity from a home loan, or using credit cards in addition to personal loans and loans) provided the most viable alternative funding solutions for Long Bay that were around.

    There’s no need in the present to rely on the real estate market to secure company credit. With an unsecured loan, business financing is easy. Instead of a loan for a term with banks, business finance for a small company with interest rates and loan terms that can help with cash flow are available as business lending options.

     

     

    High level summary

    Separate personal and business debt

    There are many benefits in separating personal from company debt.

    • Your home or other investments, aren’t tethered in order to access funds
    • This company will be in stronger position to build its own, solid credit history
    • It’s considerably more straightforward at tax time
    • Businesses are able to easily review the situation, track and plan based on being able to easily examine their cash flow status

    Limit your exposure, make the tax process much easier. Get started with an unsecure busines loan. Get it today.

    For those who like the detail

    Separate personal and business debt

    Risk

    One major benefit of keeping your individual and company assets separate is that your home isn’t required to be tied to the funds. For a modest business loan in Long Bay up to $100K, asset security will not be required so long as the borrower meets their loan obligations.

    Credit history

    Businesses are in a more advantageous long-term situation if they have a good credit or debt capacity to pay.

    Tax

    A separation between personal and company finances makes it significantly more straightforward in the event of tax time, particularly when determining what is the tax-deductible allocation. Particularly when determining what is the tax deductible allocation. IRD has outlined the requirements for evidence to be able to claim deductions on a company’s tax return. This is an area where the IRD has advised specifically on.

    Cash flow

    A well-organised cash flow management system is crucial to the long-term survival that of any company. By keeping your personal finances and business finances separate, companies can easily view their cash flow, plan and monitor it based on their ability to accurately determine their cash flow status.

    I'm now able take an extended vacation knowing that the Long Bay business will run well.
    Local Business Owner
    I am now able to fund the construction of our modern Long Bay resturant without having to pull cash from the other resturants.
    Long Bay Resturant Owner
    Business loans, in particular an unsecured business loan or line of credit to business funding require not be a stressfull process. Business finance in the form in the form of small business loans with an interest rate and repayment period that fits the needs of your business cash flow.
    Business Lenders for Business Goals
    I'm able get my tax back on track.
    Small Business Owner
    I'm now able to prepare coffee for my customers using the best equipment.
    Cafe Owner
    I'm now able hire a marketer to boost my company to the next stage of business growth.
    Growing Business
    Simple loan application procedure with a large loan limit, with minimal requirements for credit and no need to create a business plan. You no longer need to use your personal credit card and company credit cards in order to fund your business.
    Unsecured Loans Made Simple
    Business loan interest rates and repayment conditions, and flexible repayment options to fit the requirements of your company needs.
    Business Lending Options
    FAQ: business lending & business loans for business owners

    Business Loans Frequently Ask Questions

    Details of The Long Bay Small Business Loans

    Let me know how you can avail the Long Bay Small Business Loans

    Long Bay unsecured loans offers amounts of between $5,000 and $100,000, with terms ranging from 3 and 24 months and cash flow-friendly repayments which can be made daily or weekly.

    What is this Unsecured Loan different from a traditional business loan?

    It is imaginable to apply for this Small Business Loan in under 10 minutes over the phone. You’ll get an immediate response, and have the funds available in just 24 hours. Traditional company loans have an interest rate per annum along with other charges and fees. The company loan is a pre-paid loan which means you be aware in advance of the total amount payable including any interest, fees or charges. Then, it is broken down into either weekly or daily amount to be paid back.

    What could you use the Small Business Loan be used for?

    A Small Business Loan can be used to fulfill almost any business purpose including the management of cash flow, business improvements, advertising for purchasing inventory or new equipment, as general working capital, and much more. The loan cannot be used for personal use.

    About the Larger Long Bay Business Loans

    What is the Larger Long Bay Business Loan?

    The Larger Business Loan is a larger size of loan that can be used to fund business growth opportunities. Loans range between $100,000 and $500,000 over a fixed term for up to 36 months. The repayments are made weekly or fortnightly in order to accommodate the flow of cash.

    How is the Origination Fee determined?

    It is crucial to note that the Larger Business Loan has an Origination Fee, determined at 2.5 percentage of the amount of the loan.

    Do I qualify for the Larger Business Loan?

    To be eligible for a loan that is this large the company needs to have been in operation for at least 3 years, and have an annual income of $700K. You must be a New Zealand Citizen (or Permanent Resident) over 18 years, own a New Zealand company (with a valid NZBN/IRD) and be able of proving at the least 12 months of operating.

    How can the funding be utilised?

    A large company loan can be used for almost all company purpose including company remodeling, buying new equipment or inventory for general working capital, and much more. The loan cannot be used for personal use.

    Is the Larger Business Loan one that is secured?

    Asset security is required for funding of more than $150,000. It is usually as a result of an charge over assets, and may include the registration of this through the PPSR or filing as a caveat.

    A personal or director’s guarantee is a guarantee to pay back a loan that is general in nature, rather than defining the security of a specific asset. The person who signs the guarantee is personally responsible if the business lender is not able to repay the debt.

    The Personal Property Securities Register (PPSR) is a central, national online registry run by the New Zealand Government. It contains security interests registered in respect of personal property (including the assets or goods). The PPSR gives preference over private property granted according to the date the security interest was registered.

    Caveats are legal form of document to provide an official notice of a claim to a property.

    What is a pre-approval minus Credit Check?

    When you’re applying for a Larger Business Loan that is greater than $250K we can offer an initial pre-approval in order to ease the process. We might be able to get this done without a credit verification and within 6 hours of your initial application. This pre-approval is based on an initial assessment, which involves answering a couple of financial well-being checks. It’s not an offer or guarantee of credit. Unconditional approval is subject to an exhaustive credit evaluation, and any offer you are offered could be based on different conditions.

    Application process

    Do I qualify for funds?

    You may be eligible for a business loan if you

    • are a New Zealand Citizen (or Permanent Resident)
    • are over 18 years, own a New Zealand business (with a valid NZBN/IRD)
    • can demonstrate at least 6 months of trading (for the unsecured loan $5K – $100K) or 3 years of trading (for the Larger Business Loan $100K up to $500K)

    How do I apply?

    The application process is quick and simple. Complete the online form within a couple minutes, and an experienced business lending specialist will contact you to assist you.

    To be eligible for up to $100,000, you’ll need proof of identity (valid Driver’s Licence) along with an NZBN/IRD that is valid and at least 6 months’ worth of bank statements.

    For larger loan sizes, you’ll need:

    $100K – $250K: Information about the application including credit approval, 6-12 months of IRD statements, bank statements (if credit is over $150K).
    $250K-$500K: Details for application including credit consent twelve months of bank records, IRD statements and the last two years’ finalised financial statements, in addition to interim financials for the current financial year including Aged Payables, Aged Receivables summary.

    How quickly will I receive an answer?

    For an unsecured loan ($5K and up) we can often offer an answer in just one hour – as long as you make your application at standard company timings and allow us to use the advanced bank verification system to instantly verify your bank information online. If you want to send us copies of your bank statement, we’ll provide an answer within just the span of one company day.

    For Larger Business Loans ($100K up to $500,000) we might be able to offer the conditional pre-approval in around six hours. Once you have signed the pre-approval document, you will need to wait about 2-3 days for final approval, however this can be quicker based on the circumstances of each application. Certain offers have been approved in the space of 24 hours.

    The quickest method is to make sure you apply during standard business hours, and permit us to use the advance bank verification link to instantly verify your bank account information online. If you choose to send us the copies of bank statement, it may take a bit longer.

    How quickly will I receive the cash?

    For the Small Business Loan ($5K up to $100,000) we can often offer a response in one hour – as long as you apply during normal business timings and allow us to use the advanced bank verification system link to instantly verify your bank information online. If you opt to send us copies of your bank statement, we’ll offer a decision in just the span of one business day.

    If you are applying for Larger Business Loans ($100K or more) We may be able to provide you with pre-approval conditional to your application in about six hours. Once you have signed the pre-approval, turnaround times are around 2-3 days for final approval. However, this can be faster depending upon the circumstances for each application. Some offers have been approved in 24 hours.

    The quickest method would be to ensure you apply during normal business hours. Also, permit us to use the sophisticated bank verification to instantly confirm your bank details online. If you opt to send us the copies of bank statements, it will take a little longer.

    How much can I borrow?

    We offer loans that range from $5,000 and $500,000. When you make an application for a specific amount we look at a variety of variables to determine your health of your business and the extent of repayments that your company can afford. The total amount of your loan will be contingent on the specific circumstances for your business.

    When you apply for a certain amount, we look at a range of aspects to assess how much we can lend you such as health that is your business and the level of repayments your company can support. The amount you receive from your loan will depend on the particulars for your company.

    Fees & repayments

    How much should you charge for an business loan?

    If you decide to make an application for the business loan, we’ll assess the risk assessment for your business and provide you with a tailored offer, including the amount of loan, the term and interest rates. This business loan is an upfront-priced loan so you will know the exact amount you will have to pay, including charges or interest.

    What determines the rate that I’m charged?

    The interest rates on company loans rates depend on a variety of variables like the amount to be of money borrowed, the company assets the money are used to purchase in addition to the industry that the business operates in, the long the company has been in operation for, whether the business has sufficient cash flow to cover the loan, and also the general well-being and creditworthiness of the business.

    What are the fees?

    There are no hidden fees with our business loans. You’ll be aware of the amount you need to pay, and when, right from the day you sign up. There’s no compounding and no additional fees (as long as you are able to make your payments on time).

    We don’t charge an application fee. You are able to request a credit loan no cost upfront or the obligation to take action.

    The Origination Fee includes the expenses associated with setting up and managing the loan. You are only charged this fee if you choose to proceed with the loan. The Origination Fee for us is 2.5% of the amount of the loan.

    Can I repay the loan early?

    You can choose to repay the entire amount of the loan early at any time.

    If you choose to take this route, please call our helpful business loans specialists. The specialists will provide you with details on repayment along with an early payout estimate. The figure will be calculated as the total of the remaining principal amount and the accrued interest up to the time of early payout and 1.5% of the remaining principal plus any outstanding fees.

    How do repayments work?

    To make sure you do not miss payments and to work your cash flow schedule, we offer repayments that are either weekly or daily. They are automatically deducted from your designated business account.

    Security & privacy

    Will my data be protected?

    Making sure that your information is secure, and being transparent about the ways we gather information, use it, and exchange it, as well as safeguard your data, is of huge importance and is an essential part of our relationship you.

    Is it safe to link my bank account to the platform?

    Yes. We employ industry-recognised encryption techniques to protect your sensitive, personal financial information and our funders are ISO 27001 certified for our dedication to protecting the security of customers and security. We utilise a sophisticated bank verification system that allows you to immediately confirm your bank account information online to offer an immediate response.

    About business loans

    What’s an asset-based borrow (a secured loan)?

    Asset-based borrowing occurs when a company owner utilises assets they own to make a loan. The asset can be either an asset belonging to the personal, like the family home or it could be a company asset such as a truck as well as a piece of machine.

    The majority of lenders, even the major banks, prefer to make loans secured by an asset. If you’re struggling to pay back the loan then your asset may be transferred to the lender. In essence, it’s a way of securing new funding using the value of what you already own.

    What do I require security for a company loan?

    For loans that exceed $150K, the requirement for asset security is not required in advance to gain access to the funds however, we do require the personal guarantee. In the event that you fulfill your loan obligations (as stated in your loan contract document) Asset security will never be required. For loans that exceed $150,000, generally, there is a personal ensure and security that is in the form a charge over assets.

    Industries we currently aren't able to help with

    • Anything adult industry related
    • Auction houses & auction websites
    • Debt collection firms & debt purchasers
    • Direct marketing including direct-mail, mail order, fundraising, telemarketing etc
    • Financial institutions or lenders
    • {Firearm related businesses
    • Foreign currency exchange solutions
    • Customs clearing houses & freight forwarding
    • Gambling related industries
    • Not-for-profit organisations such as charities, churches etc
    • Smash repairers and panel beaters
    • Pawn shops & pawnbrokers
    • Property developers
    • Stockbrokers, shares andinvesment businesses
    • Tattoo palours
    • Ridesharing and taxi services
    • Ticket resellers and entertainment sales
    • Tow truck services
    • Used vehicle dealerships
    • Automotive glass tinting
    • Automotive dismantlers

    While we aren’t able to help with an unsecured business loan in the above industries, we might be able to assist you by providing the secured business loan.

    NZ Business Loan Brokers Services

    Unsecured Business Loans

    Unsecured Business Loans

    Eligibility Requirements

    Eligibility Requirements

    Apply Now

    Apply Now

    Contact Us

    Contact Us

    Contact Us

    Fill out the form below or Call Now
    0800 102 591






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