Unsecured Business Loans Petone NZ

If You Do This Today, You'll Be On The Right Track To Success By Obtaining a Petone Business Loan

Unsecured Business Loans Petone

A Petone unsecured business loan is quick and easy to apply for. Get a quick apporval and begin using the money to grow your company.

  • Would extra funds help your company by allowing you to work capital or to take advantage of the opportunity for growth?
  • How are you financing your company requirements?

You can expect:

  • Easy to apply to be approved and receive cash as quickly as tomorrow
  • There is no option to remittances in the first four weeks
  • Borrow from $5k to $500K
  • Terms ranging from 3 to 36 month
  • Competitive interest rates
  • Minimal docs

The eligibility requirements for an unsecured business loan for a company loan Petone are fairly minimal.

I'm now able to go on a holiday knowing it is safe knowing that Petone company will run smoothly.
Local Business Owner
I can now fund the remodel of our brand modern Petone resturant without having to pull cash from the other ones.
Petone Resturant Owner
I can now hire an experienced marketer to help me take my business to the next step.
Growing Petone Business
Business business loans, interest rates and repayment terms as well as flexible repayment options to fit you company needs.
Business Lending Options
Business loans, particularly those that are unsecured business loan or line of credit for business financing need never be an stressfull procedure. Business finance can be in the form of small business loans that have an interest rate cost, and with a repayment period that will suit the requirements of your company cash flow.
Business Lenders for Business Goals
I can now make espresso for customers with the very best equipment.
Cafe Owner
I'm able to get my tax back in order.
Small Business Owner
A simple loan application process with a generous loan limit, with minimal requirements for credit, and there is no requirement to present a business plan. You no longer need to use your personal credit card or business credit cards in order to fund your business.
Unsecured Loans Made Simple
Unsecured Business Loan Service Provider

Fast Approval Process

Applying for an company financing in Petone with us is easy and takes only about a couple of minutes, there are no piles of paperwork or long waits.

Approved and receive money within 1 to 2 business days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We are aiming to assist Petone businesses of all kinds, from small to medium-sized entrepreneurs to obtain funds quickly so that they can use the loan to expand and develop.

  • It all starts with a simple online application or phone call
  • Flexible terms for repayment to fit your business
  • Quick funding in a day or two
  • A team that wants to see you succeed as well as you business to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The criteria for eligibility for an unsecured business loan in Petone of between $5K and $100K are fairly minimal.

  • The minimum period of 6 months for which you must be in business
  • At least $6,000 in income per month
  • Be a New Zealand based company with a New Zealand Business Number (NZBN)
  • Passport or Driver’s License for identification proof
  • Have a New Zealand bank as your principal account for trading
  • Bank statements from the past 6 months

Looking for more funding? Take a look at the guidelines for eligibility for our $100K-$500K business credit.

Here's How Other People Have Benefited

Examples of Business Loans

An interior designer had spotted an opportunity to increase the size of their business and needed working capital to fund this expansion. With an annual revenue of $300K they borrowed $250K in 24 months. The turnaround time was just two days, and all they had for them to present the required documents were twelve months' bank statement IRD confirmation, as well as trust deed.
Interior Designer
With the busy Christmas time fast approaching, a clothes store needed additional working capital to fund extra stock and take advantage of discounts offered by suppliers. They were able to borrow $20K for 12 months with no collateral for their assets, and they had the funds in less than 24 hours.
Clothing Store
A plumber who's operated their business for 3 years, with 80K in monthly sales was in search of additional funds. They took out $153K on a 36 month term. All that was needed is 12 months worth of banking statements and confirmation of their status with IRD. The procedure was completed within a day and the plumber was able to access their working capital in ther account within a short time.
A gym that was operating for over three years was looking to expand and needed additional equipment. With monthly revenue of $37K they borrowed $72K over a 24 month period. The loan was not secured and the loan was compelted in only 24 hours.
Acquiring a pizza restaurant and 2 liquor stores 6-12 months earlier the new owners needed additional cash. The revenue total was greater than $500k per month. They could have borrowed $300K and split it into $100K for each store, with an option of both 24 and 36 month terms. No security over the owner's houses was needed.
Owner of a Pizza Store & 2 Liquor Stores
Simple eligibility checklist

Larger Petone Business Loan Eligibility Criteria

The criteria for eligibility in the larger Petone company loans of between $100K to $500K comprise:

  • Minimum of 3 years in business
  • At least $700K of annual income
  • You must be a New Zealand based business with an New Zealand Business Number (NZBN)
  • Drivers Licence or Passport for identification
  • Make sure you have a New Zealand bank as your main trading account
  • Bank statements from the last six months
  • Certain financial statements, such as Profit & Loss, and aged accounts Payable and Receivable

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

Business Lending for a Cash Injection

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

A Petone unsecured loan is perfect for almost every business need. Contact us now.

  • Expand or renovate commercial spaces
  • Grow the team for busy periods
  • Increase stock quantities to meet demand
  • Build a new website or increase your marketing
  • Invest in new tools, equipment or new technologies
  • Purchase additional stock to meet seasonal demand
  • Manage cash flow fluctuations
  • And many more …

Are you looking to start one of these projects as soon as tomorrow? Contact us or send your application online for the quickjest fasted way.

Quick application checklist

What do you need to apply

All you need for starting is your contact information (company name, your name, email address or phone number) as well as the amount you want to borrow, and your monthly income.

In the course of the process and before settlement we will require confirmation of your identity however, not in order to begin:

  • Idenfication information (valid Driver’s License)
  • Business information including trading times owner details, trading time, as well as details of ownership and trading time, as well as NZBN (New Zealand Business Number)

Once we’ve started in the process, for loans of more than $150,000 you’ll need fundamental financial statements:

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started.


Apply Now

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    Here's How Others Have Benefited

    Examples of Business Loans

    A gym that was in operation for more than 3 years decided to increase its size and required additional equipment. With an average monthly revenue of $37K they borrowed$72K over a 24 month period. No security was needed to secure the loan. It was ready to go within just 24 hours.
    A company coach was looking to invest in the well-being as well as beauty business. With just a little more than 12K in revenue per month, they borrowed $24K over 24 months. The loan required the submission of 12 months' bank statements and was completed in less than 8 hours.
    Business Coach
    With the busy Christmas time fast approaching, a clothes store needed working capital to finance additional inventory and to take advantage of the discount offered by suppliers. They took out a loan of $20K over a period of 12 months with no security of assets required. They received the funds in 24 hours.
    Clothing Store
    A restaurant owner wanted to open a second location and needed money to fund the remodel. Their bank was not interested in helping. The average monthly income for them was $50K, and they were able borrow $66K over the course of 24 months. Turnaround was only 8 hours.
    Restaurant Owner
    A plumber who's operated their business for three years with $80K in monthly sales was looking for more funding. They took out $153K on 36 months. All that was needed were 12 months' worth of statement and confirmation of their status with IRD. The process was completed within a day and the plumber had their extra working capital in ther account within a short time.

    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 offers a great resource for you to access.

    Petone SME’s are now able to access finance through alternate lenders servicing Petone who are focused on facilitating company growth or smoothing cash flow challenges. In the past, personal credit sources (drawing equity from the house loan, or using credit cards and personal loans as well as overdrafts) could be the best alternative financing solutions available in Petone that were available.

    There’s no need for you to rely on real estate to secure company credit. With an unsecured loan business funding is simple. Instead of a traditional term loan from the bank, business finance for a small business with interest rates and loan terms that help with cash flow are around as business credit options.



    High level summary

    Separate personal and business debt

    There are numerous benefits in separating personal from company debt.

    • Your home or other investments, aren’t tethered for the purpose of accessing funds
    • This company has a stronger place to develop its own, clear credit history
    • It is substantially more straightforward during tax time
    • Businesses are able to easily review how they are performing, monitor and plan on being able to clearly assess their cash flow position

    Lower your risks, and make tax times much easier. Get started with an unsecured busines loan. Apply today.

    For those who like the detail

    Separate personal and business debt


    The main benefit of keeping your personal and business assets separate can be that your house isn’t necessarily tied up to allow access to the funds. For a small business loan within Petone 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 advantageous long-term situation if they can show good credit and debt capability.


    A separation between personal and business finances makes it much more seamless with regards to tax time - especially when it comes to determining the tax-deductible amount. The IRD has set out the guidelines for the documentation required in order to deduct deductions from an individual’s tax return. This is a subject that the IRD has specifically advised on.

    Cash flow

    A well-organised cash flow management system is key for the long-term success of any business. Through keeping the personal financial and company finances separate, companies can easily view how they are performing, monitor and plan on their ability to easily evaluate their cash flow situation.

    An easy loan application process with a generous amount of borrowing capacity, a low credit criteria and no need to submit a business plan. Don't use your personal credit card or business credit cards in order to finance your company.
    Unsecured Loans Made Simple
    Business loans with interest rates and repayment terms, as well as flexible repayment options that can be tailored to what your company needs.
    Business Lending Options
    I am now able to make coffee for my customers using the best equipment.
    Cafe Owner
    I can now fund the renovation of our fresh Petone resturant without having draw cash from other ones.
    Petone Resturant Owner
    I'm able to get my tax back on time.
    Small Business Owner
    I am now able to take time off knowing that I am confident that my Petone business will run without a hitch.
    Local Business Owner
    Business loans, in particular an unsecured unsecured business loan or line of credit to business financing require to not become a difficult procedure. Business finance is in the form of small business loans at a fixed interest rate cost, and with a repayment period which is compatible with your business budget.
    Business Lenders for Business Goals
    I'm now able to hire an expert marketer to take my business to the next level of business growth.
    Growing Business
    FAQ: business lending & business loans for business owners

    Business Loans Frequently Ask Questions

    More about the Petone Small Business Loans

    Tell me about the Petone Small Business Loans

    Petone unsecured loans provides the range of $5,000 to $100,000. Terms range from 3 and 24 months, cash flow-friendly repayments that are either daily or weekly.

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

    Apply to get your Small Business Loan in under 10 minutes online or on the phone. You’ll receive an answer within the same day and the funds could be in your account in 24 hours. Traditional company loans have an interest rate per annum together with additional fees and charges. This business loan is an upfront priced loan which means you know ahead of time the amount you will have to pay, including any fees, charges or charges. Then, it is broken down into either a daily or weekly amount to be paid back.

    What could the Small Business Loan be used for?

    A Small Business Loan can be used for virtually any business reason, such as cash flow management, business remodels and marketing for purchasing inventory or new equipment, as general working capital, and much more. The loan is not available for personal reasons.

    About the Larger Petone Business Loans

    What is the Larger Petone Business Loan?

    The Larger Business Loan is a larger size of loan that can be used to fund company expansion opportunities. Loans range from $100,000 to $500,000 with a fixed-term up to 36 months. Repayments are either weekly or fortnightly to work with your situation.

    How’s the Origination Fee determined?

    The Larger Business Loan has an Origination Fee, which is determined at 2.5 percent of the loan amount.

    Am I eligible for the Larger Business Loan?

    In order to be eligible for a loan that is this large the 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 and have a New Zealand company (with a valid NZBN/IRD) and be able to demonstrate at minimum 12 months of business.

    How can the funding be utilised?

    A Business Loan of a larger size can be used to fund almost any company use, including business improvements, purchasing inventory or new equipment as well as for general working capital and so much more. The loan is not available for personal reasons.

    Is the Larger Business Loan a secured loan?

    Asset security is required for accessing funds over $150,000. This can be done by taking a charge against assets, and could include registration on the PPSR or making a caveat.

    A personal or director’s ensure is a commitment to repay a loan which is generally based rather than stipulating security over an asset. The person signing the guarantee is personally liable in the event that the business the borrower fails to pay back the debt.

    The Personal Property Securities Register (PPSR) is an online, central registry run by the New Zealand Government. It reflects security interests which are registered with respect to personal property (including objects or assets). The PPSR allows priority over personal property to be assigned according to the date the registration of a security interest.

    The caveat can be described as a formal form of document to offer notice of a legal claim against a property.

    What is a pre-approval without Credit Check?

    If you’re applying for an enterprise loan that is greater than $250K we can offer a preliminary pre-approval to help simplify the process. We might be able to do this without a credit verification and within 6 hours of the initial application. The pre-approval is based upon a preliminary assessment which includes you answering a few financial well-being questions. It’s neither an offer nor a guarantee of finance. Acceptance without condition is subject to an extensive credit evaluation and any offer that you might receive could have different conditions.

    Application process

    Do I qualify for funds?

    You can apply for an company loan if you

    • are a New Zealand Citizen (or Permanent Resident)
    • are over the age of 18 and own a New Zealand business (with a valid NZBN/IRD)
    • can demonstrate at least 6 months of business (for you to qualify for 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 fast and simple. Just fill out the online application within a couple minutes, and an experienced business expert in lending will be in touch to help you.

    To apply for up $100,000, you’ll require identification details (valid Driver’s License) along with a valid NZBN/IRD as well as at least 6 months of bank statements.

    Otherwise, for larger loan sizes, you’ll require:

    $100K to $250K: Application requirements, including credit consent, 6-12 months of bank statements, IRD statement (if credit is over $150K).
    $250K – $500K: Details of the application, including credit consent and 12 months bank statement, an IRD statement as well as the two most recent years’ financial statements, as well as interim financial statements for the current year such as age-related payables and aged Receivables summary.

    How soon will I hear a decision?

    For an unsecured loan ($5K and up) We can usually offer an answer within an hour, provided you apply during standard business time and allow us to use the advanced bank verification system link to instantly verify your bank’s information online. If you opt to upload copies of your banking statement, we’ll provide an answer within one company day.

    For Larger Business Loans ($100K up to $500,000) we may be capable of provide you with a conditional pre-approval within about 6 hours. Once you’ve signed the pre-approval form, it will take between 2 and 3 days for the final approval, however this could be shorter based on the specifics of each application. Some deals have been approved in just 24 hours.

    The most effective method is to ensure you apply during standard company hours, and allow us to use the advance bank verification link to confirm your bank details online. If you opt to upload duplicates of your banking statements , it may take a bit longer.

    How fast will I get the cash?

    For the Small Business Loan ($5K and up) We can usually provide a response in one hour – provided you make your application within normal business hours and allow us to use the advanced bank verification system to instantly verify your bank details online. If you opt to send us copies of your bank statements, we’ll be able to offer a decision within one business day.

    For Larger Business Loans ($100K to $500K) We may be likely to offer you with conditional pre-approval within about six hours. Once you have signed the pre-approval document, you will require to wait approximately 2-3 days to receive final approval. However, this may be quicker depending on the specifics of each application. Some transactions have received approval in 24 hours.

    The fastest way for you to apply is make sure you apply during standard business hours and permit us to use the advance bank verification link to verify your bank account information online. If you decide to send us the copies of bank statements, it can take a bit longer.

    What is the maximum amount I can borrow?

    We offer loans that range from $5,000 to $500,000. If you apply for a certain amount, we will consider a number of aspects for determining the health of the business as well as the amount of the repayments your business can afford. The amount you receive from your loan will depend on the particular circumstances of your company.

    When you submit an application for a specific amount we will consider a number of variables to assess your well-being that is your business and the level of payments your business is able to afford. The amount you receive from your loan will depend on the particular circumstances for your business.

    Fees & repayments

    How do you charge for an business loan?

    If you decide to make an application for the business credit, we’ll assess the risk assessment for your business and provide you with a customised offer, including the amount of the loan, the duration and the interest rates. This company loan is an upfront priced loan therefore you will be aware in advance of the total amount to be paid, including any costs, fees, or interest rates.

    What is the basis for the rate I pay?

    Business loan interest rates vary due to factors including the amount that is borrowed, what company assets the funds will be used for, the industry the business is in, how long the business has been in operation as well as what percentage of the company has sufficient cash flow to support the loan, and general health or financial standing of the company.

    What are the costs?

    There are no hidden fees with our business loans, and you’ll know precisely how much it is that you need to pay and when, starting from the very first day. There’s not any compounding interest and no extra fees (as long as you make your payments punctually).

    We don’t charge an application fee. You are able to make an application for loans without any upfront costs or the obligation to take action.

    The Origination Fee is the cost associated with establishing and managing the loan. This is only a cost if you take out the loan. Our Origination Fee is 2.5 percent of the amount of the loan.

    Can I pay off the loan in advance?

    You can choose to repay the total amount of your advance loan at any time.

    If you are deciding to take this route, please talk to one of our helpful company loan specialists. They will provide you with details on repayment and an early payment figure. The figure will be calculated as the total of the principal balance and the accrued interest up to the date of early payout plus 1.5 percent of the principal balance plus any outstanding fees.

    What are the repayment methods?

    To ensure that you don’t miss due dates and also to be in line your cash flow cycle we provide payments that are either weekly or daily. They will be automatically deducted from your business account.

    Security & privacy

    Will my information be secure?

    The security of your personal information, as well as being clear about the ways we gather data, process, exchange and safeguard your data, is crucial and is a crucial part of our relationship you.

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

    Yes. We utilise industry-recognised encryption standards to protect your sensitive, personal financial and other data. Our funders are ISO 27001 certified for our dedication to protecting the security of clients and privacy. We utilise a sophisticated bank verification system link to immediately verify your bank account information online to offer quick responses.

    About business loans

    How do you define asset-based lending (a secured loan)?

    Asset-based borrowing occurs when the company owner borrows from an asset they own to make a loan. The asset could be an individual property, such as the family home or it could be a company asset like a truck or piece of equipment.

    The majority of banks, including the largest banks, are inclined to guarantee loans against an asset. If you have trouble paying back the loan then your assets could be taken over by the lender. In essence, it’s the process of securing new financing taking advantage of the value of what you already have.

    Are I require security to get a company loan?

    For loans that exceed $150,000, it is not necessary to secure assets prior to the loan’s access However, we do require the personal guarantee. As long as you follow your loan commitments (as detailed in the loan contract) and you are able to meet your obligations, asset security is not needed. For loans of over $150K typically, you will need an individual ensure and security in the form of an asset charge.

    Industries we currently aren't able to help with

    • Adult related industries
    • Auction websites or auction houses
    • Debt purchasers or debt collection firms
    • Direct marketing including direct-mail, mail order, fundraising, telemarketing etc.
    • Finance institutions or lenders
    • {Firearm related businesses
    • Foreign currency exchange offerings
    • Freight forwarding and customs clearing houses
    • Anything gambling related
    • Not-for-profit organisationsincluding charities and churches etc
    • Panel beaters & smash repairers
    • Pawnbrokers or pawn shops
    • Property developers
    • Shares, stockbrokers & investment businesses
    • Tattoo palours
    • Taxi or ridesharing services
    • Entertainment sales or ticket resellers
    • Tow truck services
    • Used automotive dealerships
    • Car glass tintingfirms
    • Vehicle dismantlers

    While we aren’t able to help with an unsecured business loan for those industries, we might be able assist with an secured business loan.

    NZ Business Loan Brokers Services

    Unsecured Business Loans

    Unsecured Business Loans

    Eligibility Requirements

    Eligibility Requirements

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    0800 102 591

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