Unsecured Business Loans North Harbour NZ

Today, You'll Be On The Right Track To Success By Obtaining a North Harbour Business Loan

Unsecured Business Loans North Harbour

A North Harbour unsecured business loan is easy and quick to obtain. Approve your loan in a matter of minutes and use the money for your company.

  • Could additional funds assist your business by allowing you to work capital or to realise the potential for growth?
  • How do you finance your company requirements?

You can expect:

  • It’s easy to apply to be approved and receive cash as quickly as tomorrow
  • No reayments are permitted in the initial 4 weeks
  • From $5k to $500K in loans
  • Terms ranging from three to thirty-six months
  • Competitive interest rates
  • Minimal documentation required

The conditions for eligibility for an unsecured business loan for a company loan North Harbour are fairly minimal.

Business loan interest rates and repayment conditions, and flexible repayment options to fit your business needs.
Business Lending Options
I'm now able to go on time off knowing that it is safe knowing that North Harbour business will run effortlessly.
Local Business Owner
Business loans, particularly an unsecured unsecured business loan or line of credit to business funding need not be a stressful process. Finance for a business in the shape of small business loans at a fixed interest rate and repayment period that will suit the requirements of your company financial needs.
Business Lenders for Business Goals
I'm able to get my tax back on track.
Small Business Owner
I'm now able hire an experienced marketer to help me take my business to the next level.
Growing North Harbour Business
I'm now able to prepare the coffee I serve my clients using the very best equipment.
Cafe Owner
I am now able to fund the remodel of our brand fresh North Harbour resturant without having draw cash from other ones.
North Harbour Resturant Owner
A simple loan application process with a huge borrowing limit, minimal requirements for credit and no need to create a business plan. Do not use your personal credit card or business credit cards to finance your business.
Unsecured Loans Made Simple
Unsecured Business Loan Service Provider

Fast Approval Process

The process of applying for the company loan for company in North Harbour with us is easy and takes just a few minutes, no mountains of paperwork or queues.

Get approved and receive your funds in 1 to 2 business days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We aim to help North Harbour businesses of all types, whether small, medium or soloprenuers to get access to quick funding so that they can make use of the loan to grow and build.

  • It starts with an easy online application or phone call
  • Flexible repayment terms to meet the requirements of your business
  • Fast and prompt funding within a single day or two days
  • A team wanting you and your company to be successful
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The requirements for obtaining an unsecured business loan in North Harbour of between $5K to $100K are quite minimal.

  • Minimum of 6 months in business
  • At least $6,000 revenue per month
  • Be a New Zealand based company with a New Zealand Business Number (NZBN)
  • Drivers Licence or Passport for identification proof
  • Have an account with a New Zealand bank as your principal account for trading
  • Bank statements from the past six months

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

Here's How Other People Have Benefited

Examples of Business Loans

A restaurant owner wanted to open a second restaurant and needed funding to remodel. Their bank wasn't interested in helping. Their typical monthly earnings was $50K and they were able borrow $66K over 24 months. Turnaround was only 8 hours.
Restaurant Owner
A designer for interiors had seen an opportunity to expand their business and required working capital to fund this growth. With an annual revenue of $300K they borrowed $250K over 24 months. The time to turn around for them was only 2 days, and all they needed to present was 12 months of bank statements IRD confirmation, IRD confirmation and trust deed.
Interior Designer
The owner of a modest grocery store doing $70K a month borrowed $76K over a 24-month period, with no payments for the first four weeks. This 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 plumber who has been in business for three years and has monthly sales of $80K was looking for more funding. They took out a loan of $153K for a 36 month term. All that was required were 12 months' worth of statement and confirmation of the status with IRD. The process was completed in less than one day, and the plumber received their additional working capital in ther account in a matter of hours.
Plumber
A gym that was going for nearly 3 years, was planning to expand and needed more equipment. With a monthly turnover of $37K they borrowed $72K over a 24- month period. No security was required to secure the loan. It was compelted within just 24 hours.
Gym
Simple eligibility checklist

Larger North Harbour Business Loan Eligibility Criteria

The eligibility requirements to be eligible for the larger North Harbour business loans of between $100K and $500K are:

  • Minimum of 3 years trading in business
  • A minimum of $700K annually in revenue
  • Be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Passport or
  • Driver’s License to serve as proof of identity
  • You should have an account with a New Zealand bank as your primary account for trading
  • Bank statements for the last 6 months
  • Certain financial statements include Profit & Loss as well as Aged Accounts Payable and Receivable

Are you looking for a lower amount of funding? Check out the guidelines for eligibility for our $5K to $100K North Harbour unsecured company loans.

Business Lending for a Cash Injection

What do you want to use the business loan in North Harbour for?

A North Harbour unsecured loan is perfect for nearly every company reason. Call us now.

  • Remodel or expand commercial spaces
  • Grow the team for busy times
  • Boost stock quantities to keep up with demand
  • Build a new website or increase your marketing
  • Make sure you invest in new equipment, tools , or technological advancements
  • Purchase additional stock to meet seasonal demand
  • Control cash flow fluctuations
  • Plus lots more …

Do you want to start working on one of these idea as quickly as tomorrow? Get in touch with us or apply online now to apply the fastest, most convenient way.

Quick application checklist

What do you need to apply

All that is needed to begin is your contact information (company name and your name, as well as email and telephone) and the amount you’d like to borrow and your monthly income.

Through the process and before settlement we will require confirmation of your identity, but not before we can begin:

  • Idenfication details (valid Driver’s Licence)
  • Details of the company including time of trading as well as ownership information and the NZBN (New Zealand Business Number)

Once we’ve started with loans over $150,000 you’ll require basic financial statements:

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started now.

 

Apply Now







    Please prove you are human by selecting the Truck.

    Here's How Others Have Benefited

    Examples of Business Loans

    An interior designer had noticed an opportunity to grow their business and required working capital to finance this growth. With an annual revenue of $300K they took out a loan of $250K for 24 months. Their turnaround time was just 2 days and all they had for them to provide was 12 months of bank statements, IRD confirmation, and their trust deed.
    Interior Designer
    A gym that had been operating for over three years, was planning to expand and needed additional equipment. With a monthly income of $37K, they borrowed$72K over a 24 month period. The loan was not secured and the loan was compelted within 24 hours.
    Gym
    A restaurant owner was wanting to open a second restaurant and needed money to fund the remodel. The bank was not interested in helping. Their typical monthly earnings was $50K, and they were able to get a loan of $66K for 24 months. The turnaround time was 8 hours.
    Restaurant Owner
    When they purchased a pizza restaurant and two liquor stores six to 12 months earlier the new owners were looking for additional cash. The total revenue of the two stores was more than $500K per month . The owners could borrow $300K, split out as $100K per store with two different 24 and 36 months. There was no security on the owners' homes was needed.
    Owner of a Pizza Store & 2 Liquor Stores
    A plumber who's operated their business for 3 years with $80K in monthly sales was in search of additional funds. They borrowed $153K over a 36 month term. All that was required was 12 months of bank statements as well as confirmation of the status with IRD. The process was complete within an hour and the plumber got their extra working capital available in their account shortly thereafter.
    Plumber

    The lending landscape has changed

    With traditional and bank lenders tightening credit conditions The steady flow of alternative and non-bank loan providers that are entering the market provides an incredible source for you to take advantage of.

    North Harbour SME’s are now able to access finance through other lenders in North Harbour who are focused on enabling business growth or smoothing the cash flow problems. In the past, when personal credit sources (drawing equity from a home loan, or using credit cards or personal loans, as well as the overdraft) could be the best alternative financing services for North Harbour that were available.

    There is now an end to the requirement in the present to rely on real estate to secure business loan. With an unsecured loan business financing is easy. Instead of a loan for a term with the bank, business finance for a small business with interest rates and loan terms that can help with cash flow is around as business credit options.

     

     

    High level summary

    Separate personal and business debt

    There are numerous benefits with the separation of personal and company debt.

    • Your home or other investments, aren’t tethered for the purpose of accessing funds
    • It is the business stands in more favourable position to create its own credit history
    • It’s much more seamless during tax time
    • Businesses are able to easily review the situation, track and plan based on the ability to clearly assess their cash flow position

    Limit your exposure, make tax time much easier. Get started with an unsecure company loan, apply today.

    For those who like the detail

    Separate personal and business debt

    Risk

    One big drawcard for keeping your personal and company assets separate will be the fact that your home isn’t necessarily tied up to allow access to the funds. For a small business loan within North Harbour up to $100K asset security won’t be required so long as the borrower is able to meet the loan requirements.

    Credit history

    Businesses are in a more favourable long-term financial position if they have a good credit or debt ability to service.

    Tax

    A separation between personal and company finances makes it significantly more seamless when it comes to tax time - particularly when determining what is the tax-deductible amount. The IRD has set out guidelines for the documentation required for claiming deductions on an organisation’s tax return. This is a subject that the IRD have specifically advised on.

    Cash flow

    A well-organised cash flow management system is vital to the long-term success that of any company. By keeping personal and company finance separate, businesses can easily view the situation, track and plan based on the ability to effectively examine their cash flow.

    Business business loans, interest rates and repayment terms as well as flexible repayment options to suit you company requirements.
    Business Lending Options
    A seamless loan application process with a huge limit on borrowing, no credit criteria and no requirement to present a business plan. Don't use your personal credit card or company credit cards in order to fund your company.
    Unsecured Loans Made Simple
    I'm able get my tax back on time.
    Small Business Owner
    Business loans, in particular those that are unsecured business loan or line of credit to business financing need not be a difficult process. Finance for a business in the shape in the form of small business loans at a fixed interest rate and repayment time that is suitable for the needs of your company liquidity.
    Business Lenders for Business Goals
    I'm now able make beverages for customers using the very best equipment.
    Cafe Owner
    I am now able to fund the construction of our modern North Harbour resturant without having draw cash from other ones.
    North Harbour Resturant Owner
    I can now hire an expert marketer to help me take my business to the next step of business growth.
    Growing Business
    I am now able to take time off knowing that it is safe knowing that North Harbour company will run smoothly.
    Local Business Owner
    FAQ: business lending & business loans for business owners

    Business Loans Frequently Ask Questions

    About The North Harbour Small Business Loans

    Tell me how you are able to avail the North Harbour Small Business Loans

    North Harbour unsecured loans provides the range of $5,000 to $100,000, with terms ranging from 3 and 24 months. They also offer cash flow friendly repayments that are either per day or weekly.

    What is how is the Unsecured Loan different from the traditional business loan?

    The application to the Small Business Loan in under 10 minutes online or over the phone, receive an answer within the same day and funds may be in your account within 24 hours. Traditional business loans refer to an interest rate per annum along with other charges and fees. Our business loan is an upfront priced loan therefore you’ll be aware in advance of the total amount to be paid, including any interest, fees or charges. This is then broken down into either weekly or daily amount to be paid back.

    What can the Small Business Loan be used for?

    A Small Business Loan can be used for almost every business purpose including managing cash flows, business remodeling, marketing to purchase inventory or new equipment, or as general working capital and much more. The loan is not available for personal use.

    Concerning Larger North Harbour Business Loans

    What is the Larger North Harbour Business Loan?

    The Larger Business Loan is a larger size of loan that can be used to fund business expansion opportunities. Loans range from $100,000 to $500,000 for a fixed period of that can last up to 36 months. Repayments are weekly or fortnightly to work with your cash flow.

    How’s the Origination Fee calculated?

    This Larger Business Loan has an Origination Fee which is determined at 2.5% of the loan amount.

    Am I eligible for the Larger Business Loan?

    To be eligible for a credit of this size, your business needs to have been operating for a minimum of 3 years and have an annual turnover of $700,000. It is necessary to be a New Zealand Citizen (or Permanent Resident) over 18 years, own a New Zealand business (with a valid NZBN/IRD) and be able to demonstrate at minimum 12 months of business.

    What can the funds be used for?

    A larger company loan can be used to fund almost all company purpose including company improvements, purchasing inventory or new equipment, as general working capital and much more. The loan is not available for personal use.

    Is the Larger Business Loan a secured loan?

    Asset security is necessary to access funding over $150,000. It’s by way of charge over assets, which could also be registered through the PPSR or the registration of as a caveat.

    A personal or director’s ensure is a promise to pay off a credit line that is generally based rather than stating security over an asset. The person signing the ensure is personally responsible if the company creditor is unable to re-pay the debt.

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

    A caveat is a legal document that is filed to offer notice of a legal claim to property.

    What exactly is a preapproval without Credit Check?

    If you’re seeking an enterprise loan that is greater than $250K we may be able to provide an initial pre-approval that will help simplify the process. It is possible to get this done without credit checks and within 6 hours of the initial application. The pre-approval process is based on an initial assessment that includes you answering a few financial well-being checks. It’s in no way an offer, nor is it a guarantee of credit. Unconditional approval is subject to an assessment of your creditworthiness and any offer that you are offered could be subject to different conditions.

    Application process

    Do I qualify for funds?

    You may apply for a company loan if you;

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

    How do I apply?

    The process for applying is fast and easy. Simply complete the online form within a couple minutes, and a dedicated company lending specialist will contact you to guide you through the process.

    To apply for up $100,000 you’ll need the right identification documents (valid Driver’s License) along with a valid NZBN/IRD and at least 6 months’ worth of bank statements.

    In addition, for larger loan sizes, you’ll also need:

    $100K – $250K: Application requirements, including credit consent, 6-12 months of bank statements, IRD statement (if you have a loan of more than $150K).
    $250K-$500K: Details of the application, including credit consent, 12 months bank statement, an IRD statement and the last two years’ finalised financial statements, plus interim financials for the current financial year including Aged Payables, Aged Receivables Summary.

    How soon will I hear a decision?

    For an unsecured loan ($5K and up) we usually provide an answer within one hour, provided you make your application within standard company time and permit us to utilise the bank verification system link to instantly verify your bank’s information online. If you decide to submit copies of your bank statements , we are able to offer an answer in just 1 business day.

    For Larger Business Loans ($100K or more) we may be likely to offer you with conditional pre-approval in around 6 hours. Once you have signed the pre-approval, the turnaround time is about 2-3 days for final approval, however this can be quicker based on the particular circumstances of each application. Certain agreements have been approved within the space of 24 hours.

    The fastest way for you to apply is ensure you apply during normal company hours. You can also let us use the advance bank verification to instantly verify your bank account information online. If you decide to upload the copies of bank statements it may take a bit longer.

    How fast will I get the cash?

    For the Small Business Loan ($5K to $100K) we usually offer an answer within one hour if you apply at standard business timings and you allow us to use the advanced bank verification system link to instantly verify your bank information online. If you opt to upload copies of your banking statements, we are able to offer a decision within 1 business day.

    For Larger Business Loans ($100K to $500K) we could be capable of offer you with pre-approval conditional to your application within about six hours. Once you’ve signed the pre-approval form, it will take about 2-3 days for final approval, however this may be quicker depending on the particular circumstances of each application. Some transactions have received approval in the space of 24 hours.

    The most effective method is to ensure you apply during normal business hours. Also, allow us to use our modern bank verification to instantly check your bank’s information online. If you upload duplicates of your banking statement, it can take a bit longer.

    What’s the minimum amount I can borrow?

    We provide loans ranging from $5,000 to $500,000. When you submit an application for a certain amount we will consider a number of variables in order to assess your well-being of the company and the amount of payments your company is able to afford. The total amount of your loan will depend on the specific circumstances the business.

    When you submit an application for a set amount, we take into consideration a variety of elements to assess the well-being for your business and the amount of repayments your business is able to afford. The amount you receive from the loan will be determined by the specifics that are unique to your company.

    Fees & repayments

    How much should you charge for an business loan?

    If you decide to make an application for business loans with us company loans, we will assess the risk assessment the company and provide you with a customised offer that includes loan amount, term and the interest rates. It is a company loan is an upfront priced loan and you’ll know in advance the total amount due, which includes any costs, fees, or interest rates.

    What determines the amount I am charged?

    Interest rates for business loans rates depend on a variety of factors including the amount borrowed, what company assets the money will be used for in addition to the industry that the business is in, how long the business has been in operation for, what percentage of the business has sufficient cash flow to pay for the loan, and also the general well-being or creditworthiness of the business.

    What are the costs?

    There are no hidden costs for our company loans, and you’ll know precisely what it is that you be required to pay and when, starting from the first day. There’s not any compounding interest and there are no additional charges (as long as you are able to make your payments on time).

    We don’t charge an Application Fee. You can get a cash loan with no cost upfront or obligation to proceed.

    The Origination Fee covers the costs associated with setting up and managing the loan. It is only charged for this cost if you take out the loan. Our Origination Fee is 2.5 percent of the amount of the loan.

    Can I pay out the loan early?

    You may choose to pay back all of your loan early at any time.

    If you are deciding to do this please contact our helpful business credit experts. We will offer you with the details of your repayment and an early payment figure. This will be calculated as the sum of the principal remaining plus any accrued interest as of the date of early payout plus 1.5 percent of the principal amount remaining plus any outstanding fees.

    What is the process for repayments?

    In order to help you avoid missing repayments and to fit in with your cash flow standard, we provide repayments either weekly or daily. They are automatically deducted from your nominated business account.

    Security & privacy

    Will my data be protected?

    Protecting your information, and being upfront about the ways we gather information, use it, and exchange it, as well as ensure the security of your information is crucial and a vital aspect of our relationship with you.

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

    Yes. We make use of industry-standard encryption protocols to safeguard your personal, sensitive and financial data and our funders are ISO 27001 certified for our commitment to the security of our clients as well as their privacy. We employ a highly sophisticated bank verification system that allows you to instantly verify the bank account details online to provide a fast response.

    About business loans

    What exactly is an asset-based loan (a secured loan)?

    Asset-based borrowing occurs when a business owner borrows from the assets they have to obtain the loan. The asset may be a personal asset like the family home or it could be a company asset like a truck or other piece of machinery.

    The vast majority of lenders, including the big banks, tend to make loans secured by assets. If you’re having trouble paying back the loan then the asset could be sold by the lender. In essence it’s means of securing new funding taking advantage of the value of what you already own.

    Do I require security to secure an business loan?

    For loans that exceed $150,000, it is not necessary to secure assets upfront to access the money, however we require a personal guarantee. need an individual guarantee. In the event that you fulfill your loan obligations (as specified in the loan contract) Asset security is not required. If you take out loans in excess of $150K generally, there is the option of a personal guarantee and security in the form of the charge of assets.

    Industries we currently aren't able to help with

    • Anything adult industry related
    • Auction websites and auction houses
    • Debt collection companies & debt purchasers
    • Direct marketing such as fundraising, telemarketing, mail order, direct-mail etc
    • Financial lenders & institutions
    • {Firearm related businesses
    • Foreign currency exchange offerings
    • Customs clearing houses and freight forwarding
    • Gambling related industries
    • Not-for-profit organisationsincluding charities, churches etc.
    • Panel beaters & smash repairers
    • Pawn shops & pawnbrokers
    • Property development
    • Investment business, shares and stockbrokers
    • Tattoo studios
    • Taxi and ride sharing services
    • Entertainment sales and ticket resellers
    • Vehicle towing services
    • Used automotive companies
    • Car glass tintingfirms
    • Car wrecking yards

    Although we can’t help with an unsecured business loan for those industries, we might be able to assist you by providing 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






      Please prove you are human by selecting the Key.