Unsecured Business Loans Goodwood Heights Auckland

In The Next Few Hours, You Could Be On The Right Track To Success With a Goodwood Heights Business Loan

Unsecured Business Loans Goodwood Heights

A Goodwood Heights unsecured business loan is easy and quick in applying for. Apply for a loan quickly and start using the funds to grow your company.

  • Are additional funds able to help your company by allowing you to work capital or to realise a growth opportunity?
  • What is the financing strategy you are using to fund your business requirements?

What to expect:

  • It’s easy to apply and be approved for funds as soon as tomorrow
  • Optionally no reayments in the first four weeks
  • From $5k to $500K in loans
  • Terms from 3 to 36 month
  • Competitive interest prices
  • Minimal docs

The conditions for eligibility for an unsecured business loan within Goodwood Heights are fairly minimal.

Call Now 0800 365 511
Business loans with interest rates and repayment terms and flexible repayment options to suit the requirements of your business needs.
Business Lending Options
Business loans, especially one that is an unsecured business loan or line of credit to business financing need to not become a tense process. Business finance can be in the form of small business loans with an interest rates and repayment period that is suitable for the needs of your business cash flow.
Business Lenders for Business Goals
I'm now able to hire a marketer to take my business to the next step.
Growing Goodwood Heights Business
I am now able to make beverages for clients using the best equipment.
Cafe Owner
A simple loan application process with a huge amount of borrowing capacity, a low requirements for credit and there is no need to submit a business plan. Do not use your personal credit card or company credit cards as a way to finance your business.
Unsecured Loans Made Simple
I'm able to get my tax back to keep me on track.
Small Business Owner
I can now fund the renovation of our new Goodwood Heights resturant without having draw cash from other locations.
Goodwood Heights Resturant Owner
I can now take vacation knowing that it is safe knowing that Goodwood Heights company will run without a hitch.
Local Business Owner
Unsecured Business Loan Service Provider

Fast Approval Process

The process of applying for an business financing in Goodwood Heights with us is easy and takes just about a couple of minutes, there are no lengthy forms or lines.

Approved and receive money within one to two company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

Our goal is to assist Goodwood Heights companies of all types, whether small, medium or soloprenuers to get access to funds quickly so that they can make use of the loan to expand and develop.

  • It all starts with a simple online application or a phone call
  • Flexible repayment terms to suit your company
  • Fast cash in just a day or two days
  • A team wanting you and your business to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The eligibility requirements for an unsecured business loan in Goodwood Heights of between $5K to $100K are quite minimal.

  • Minimum of 6 months in business
  • At least $6,000 in income per month
  • You must be a New Zealand based business with a 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 principal account for trading
  • Bank statements from the previous six months

Looking for more funding? Check out the eligibility requirements for our $100K-$500K company loan.

Here's How Others Have Benefited

Examples of Business Loans

A business coach wanted to invest in the health and beauty company. With just under $12K in monthly revenue the company borrowed $24K over 24 months. The loan was based on the submission of 12 months' bank statements and was completed in less than 8 hours.
Business Coach
The busy Christmas season was nearing, a clothing store required working capital in order to finance additional stock and also benefit from a supplier discount. They took out a loan of $20K over a period of 12 months, with no collateral for their assets, and they had the funds within 24 hours.
Clothing Store
An interior designer had noticed an opportunity to increase the size of their company and needed working capital to finance this expansion. With a monthly revenue of $300K they borrowed $250K in 24 months. Turnaround time for them was only two days and all they needed for them to present was 12 months of bank statements IRD confirmation, as well as trust deed.
Interior Designer
The owner of a restaurant wanted to open another restaurant and needed funding to installation. The bank was not interested in helping. Typical monthly revenue for them was $50K and they were able to get a loan of $66K in 24 months. The turnaround time was 8 hours.
Restaurant Owner
A gym that was running for more than three years decided to increase its size and was in require of additional equipment. With an average monthly revenue of $37K they borrowed $72K over a 24- month period. There was no security requirement and the loan was settled in 24 hours.
Gym
Simple eligibility checklist

Larger Goodwood Heights Business Loan Eligibility Criteria

The criteria to be eligible in loans from larger Goodwood Heights company loans of between $100K and $500K are:

  • 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)
  • Drivers Licence or Passport for identification proof
  • Have an account with a New Zealand bank as your primary account for trading
  • Bank statements from the previous six months
  • Some financial statements such and Profit & Loss as well as Aged Accounts Payable and Receivable

Are you looking for a lower amount of money? Take a look at the guidelines for eligibility for our $5K to $100K Goodwood Heights unsecured business loans.

Business Lending for a Cash Injection

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

A Goodwood Heights unsecured loan is great for nearly every company use. Call us now.

  • Remodel or expand the commercial space
  • Hire more staff for busy periods
  • Boost stock levels to keep pace with demand
  • Make a brand new website or enhance your marketing
  • Make sure you invest in new tools, equipment or technological advancements
  • Make sure you have extra stock on hand to meet the seasonal demand
  • Control cash flow fluctuations
  • Plus lots more …

Do you want to begin one of these as soon as tomorrow? So, contact us or apply online now to get the fastest and most efficient process.

Quick application checklist

What do you need to apply

All that’s required to begin is your contact information (company name, your name, email and telephone), how much you’d like to borrow, as well as your monthly income.

While in the process and before settlement we’ll require confirmation of who you are but not before we can begin:

  • Idenfication information (valid Driver’s Licence)
  • Business information including trading times, ownership details and the NZBN (New Zealand Business Number)

In addition, once we have started when it comes to loans greater than $150,000 you’ll also need the following financial statements:

  • P&L statement
  • Aged payables
  • Aged receivables

Let’s get started now.

 

Here's How Others Have Benefited

Examples of Business Loans

The proprietor of a small grocery store making $70K a month borrowed $76K over a 24 month period with no repayments for the first 4 weeks. This required 12 months of bank statements. The time to turn around was just six hours from the time of application until receiving the funds.
Grocery Store Small Business Loan
The owner of a restaurant wanted to open a second restaurant and needed funding to fit out. The bank they approached wasn't interested in helping. The typical monthly income for them was $50K, and they were able borrow $66K for 24 months. The turnaround time was just 8 hours.
Restaurant Owner
A business coach wanted to invest in the well-being and cosmetics company. With just under $12K in monthly revenue the business was able to borrow $24K over 24 months. This required twelve months worth of statements and was completed in less than 8 hours.
Business Coach
When they purchased a pizza store as well as two liquor stores six to 12 months earlier, the new owners needed more funds. The total revenue of the two stores was more than 500K per month. They were able to borrow $300K and split it into $100K for each store using the option of 24- and 36 months. No security over the owners houses was required.
Owner of a Pizza Store & 2 Liquor Stores
A gym that was operating for over three years, was planning to expand and required additional equipment. With an average monthly revenue of $37K they borrowed $72K over a 24- month period. No security was required and the loan was ready to go in only 24 hours.
Gym

Unsecured Business Loan Goodwood Heights Auckland 2105

The lending landscape has changed

With traditional and bank lenders tightening credit conditions The steady flow of non-bank and alternative loan providers that are entering the market offers a great resource for you to tap into.

Goodwood Heights SME’s are now able to access finance through alternative lenders that service Goodwood Heights who are focused on enabling business growth or smoothing out cash flow issues. In the past personal credit sources (drawing equity from the home loan, or by using credit cards and personal loans as well as loans) were the only alternative funding services within Goodwood Heights that were available.

There is now an end to the requirement for you to rely on using real estate to secure business credit. With an unsecured loan business funding is simple. Instead of a traditional term loan from banks, business finance for a small business with interest rates and loan terms that aid in cash flow are around as business loans.

 

 

High level summary

Separate personal and business debt

There are many advantages associated by separating personal and company debt.

  • Your home or other investments, aren’t tied up for the purpose of accessing funds
  • The company will be in more favourable position to build its own credit history
  • It’s substantially more straightforward when it comes to tax time
  • Businesses can easily assess how they are performing, monitor and plan on being able to easily assess their cash flow position

Reduce your risk, and make tax times simpler, start with an unsecure business loan. Get it today.

For those who like the detail

Separate personal and business debt

Risk

One major benefit of keeping your private and company assets apart is that your house isn’t required to be tied to the funds. For a modest business loan in Goodwood Heights up to $100K, asset security will not be required so in the event that the borrower has met the loan requirements.

Credit history

Companies will be in a favourable long-term financial position if they can demonstrate good credit/debt capability.

Tax

Separating personal and business financial accounts makes it more straightforward when it comes to tax time - particularly when identifying what is the tax-deductible allocation. The IRD has set out requirements for evidence in order to deduct deductions from an individual’s tax return. This is an area that the IRD has specifically advised on.

Cash flow

Effective cash flow management is key for the long-term survival that of any company. Through keeping your personal finances and company finances distinct, businesses can easily view how they are performing, monitor and plan on the ability to effectively evaluate their cash flow situation.

Business loans, particularly an unsecured business loan or line of credit for business funding require have no tense process. Business finance in the form in the form of small business loans at a fixed interest rate and repayment schedule which is compatible with your company budget.
Business Lenders for Business Goals
I'm now able to hire a marketer to increase the success of my business to the next level of business growth.
Growing Business
I'm now able take time off knowing that it is safe knowing that Goodwood Heights company will run well.
Local Business Owner
Business loan interest rates and repayment terms and flexible repayment options to fit your company needs.
Business Lending Options
I can now fund the remodel of our brand newly constructed Goodwood Heights resturant without having to take cash from other ones.
Goodwood Heights Resturant Owner
I'm now able make espresso for customers using the best equipment.
Cafe Owner
I can get my tax back on track.
Small Business Owner
A simple loan application process with a huge borrowing limit, minimal credit criteria and no need to present a business plan. Do not use your personal credit card and company credit cards as a way to finance your company.
Unsecured Loans Made Simple
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

About The Goodwood Heights Small Business Loans

Let me know how you can avail the Goodwood Heights Small Business Loans

Goodwood Heights unsecured loans offers the range of $5,000 to $100,000. The terms range between 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 an traditional business loan?

The application to this Small Business Loan in under 10 minutes via the internet or by phone. You will receive an immediate response, and have the funds in your account in 24 hours. Traditional business loans reference an annual rate of interest plus other fees and charges. We offer a business loan is a pre-paid loan which means you know ahead of time the total amount due, which includes any interest, fees or charges. This is then divided into a daily or weekly installment amount.

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

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

About larger Goodwood Heights Business Loans

What is the Larger Goodwood Heights Business Loan?

The Larger Business Loan is a larger amount of loan to help company growth opportunities. Loans are between $100,000 and $500,000 with a fixed-term that can last up to 36 months. The repayments are made weekly or fortnightly to work with your cash flow.

How’s the Origination Fee calculated?

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

Am I eligible for the Larger Business Loan?

To be eligible for a loan in this amount, your business needs to be in operation for at least 3 years and generate an annual revenue of at least $700K. The applicant must also be a New Zealand Citizen (or Permanent Resident) over 18 years as well as own a New Zealand business (with a valid NZBN/IRD) and be able of proving at minimum 12 months of business.

What can I use the funding for?

A larger company loan can be used for almost every company use, including business remodeling, buying new equipment or inventory for general working capital, and much more. The loan cannot be used for personal reasons.

Is the Larger Business Loan one that requires security?

Asset security is required to access funding over $150,000. This is by taking a charge against assets and can include registering this with the PPSR or filing a caveat.

A director’s or personal guarantee is a promise to pay off a credit line that is generally in nature rather than stipulating security over a particular asset. The person who is signing the ensure is personally responsible if the company the borrower fails to repay the debt.

The Personal Property Securities Register (PPSR) is an online central register operated by the New Zealand Government. It contains security interests that are registered for personal property (including objects or assets). The PPSR grants prioritisation over property that is personal to be granted according to the date a registration of a security interest.

An affidavit is an official form of document to provide an official notice of a claim to property.

What is a pre-approval without Credit Check?

When you’re applying for larger company loans that is greater than $250K we may be able to provide an initial pre-approval in order to simplify the process. It is possible to apply for this without a credit check and within six hours of your initial application. This pre-approval is based on an initial assessment, which involves you answering a few financial well-being checks. It’s neither an offer nor a guarantee of finance. A conditional approval is subject a full credit assessment and any offer you may receive may be on different terms.

Application process

Can I be eligible for funding?

You are eligible to apply for a company loan if you:

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

How do I apply?

The application process is simple and easy. Simply complete the online form within a few minutes and an experienced business lending specialist will contact you to help you.

For a loan of up to $100,000 you’ll need proof of identity (valid Driver’s Licence) as well as a valid NZBN/IRD as well as at least six months worth of bank statements.

Otherwise, for larger loan sizes, you’ll also need:

$100K to $250K: Application details including credit consent, 6 – 12 months of IRD statements, bank statements (if you have a loan of more than $150K).
$250K-$500K: Information on the application including credit consent, 12 months of bank records, IRD statement Last 2 years’ finalised financial statements, in addition to interim financials from the current financial year such as age-related payables and aged Receivables summaries.

How soon will I hear an answer?

For an unsecured loan ($5K and up) we typically provide an answer within one hour – as long as you submit your request within quality business timings and permit us to use the advanced bank verification system link to immediately verify your bank account information online. If you want to submit copies of your bank statements we can provide a decision in as little as one company day.

If you are applying for a Larger Business Loan ($100K up to $500,000) we could be likely to provide you with a conditional pre-approval within about six hours. After you’ve signed your pre-approval, the turnaround time is about 2-3 days for final approval, however it could be faster based upon the circumstances for each application. Certain offers have been approved within less than 24 hours.

The fastest way is to make sure you apply during normal business hours. Also, let us use the advanced bank verification system to confirm your bank details online. If you decide to send us duplicates of your banking accounts, it may take a bit longer.

What is the time frame to receive the funds?

For the Small Business Loan ($5K and up) we can often offer a response in one hour if you apply at normal business times and let us utilise the advanced bank verification system link to instantly verify your bank details online. If you opt to upload copies of your bank statements we can offer the decision in as little as 1 business day.

If you are applying for Larger Business Loans ($100K up to $500,000) we could be in a position to offer you with a conditional pre-approval in about 6 hours. Once you’ve signed your pre-approval, turnaround times are around 2-3 days for final approval. However, it could be faster based on the circumstances of each application. Some offers have been approved within 24 hours.

The quickest method can be ensure you apply during standard business hours. You can also allow us to use the sophisticated bank verification link to confirm your bank details online. If you upload copies of your bank accounts, it can take a bit longer.

How much can I borrow?

We provide loans ranging from $5,000 and $500,000. When you make an application for a certain amount we take into consideration a range of variables for determining what is the health for your business and the amount of repayments your business will be able to support. The amount you receive from the loan will be determined by the specifics the business.

When you apply for a certain amount, we look at a range of elements to assess how much we can lend you such as well-being of the business and the extent of repayments that your company can afford. The amount you receive from the loan will be determined by the specifics of your company.

Fees & repayments

How much do you charge for a company loan?

If you decide to make an application for our company credit, we’ll assess the risk assessment for your company and offer an individualised offer, including loan amount, term and interest rates. The business loan is an upfront priced loan so you will be aware in advance of the total amount to be paid, including any charges or interest.

What is the factor that determines the price I’m charged?

Business loan interest rates differ based on various factors such as the amount that is of money borrowed, the business assets the money are used to purchase and the sector the company operates in, the long the company has been operating, how long the business has sufficient cash flow to support the loan, and overall well-being as well as creditworthiness business.

What are the fees?

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

We do not charge an application fee. You are able to make an application for loans with no cost upfront or the obligation to take action.

The Origination Fee covers the costs associated with the setting up and management of the loan. You are only charged this fee if you choose to proceed with the loan. The Origination Fee for us is 2.5 percentage of the amount of loan.

Can I pay out the loan earlier?

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

If you do decide to do this please speak to our friendly business loan professionals. They’ll offer you with repayment details and an early payout figure. The figure will be calculated as the total of the principal balance and accrued interest to the time of early payment, plus 1.5 percent of the principal amount remaining plus any outstanding fees.

What are the repayment methods?

To ensure that you don’t miss payment dates and to align your cash flow cycle we offer repayments either daily or weekly. These are automatically deducted from your business account.

Security & privacy

Will my data be secure?

Security of your data, and being clear about the ways we gather information, use it, and exchange it, as well as secure your information, is crucial and an integral element of our relationship with you.

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

Yes. We employ industry-recognised encryption protocols to safeguard your personal, sensitive financial and other data. Our funders are ISO 27001 qualified for our dedication to security for our clients and security. We utilise a sophisticated bank verification system to instantly confirm your bank account information online. This allows us to provide rapid response.

About business loans

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

Asset-based borrowing is when the company owner utilises the assets they have to get the funds for a loan. The asset may be an asset belonging to the personal, like the family home or it could be a company asset such as a truck or other piece of machinery.

The majority of lenders, including the banks with the biggest size, prefer to secure loans against assets. If you’re struggling to pay back the loan then the asset could be sold by the lender. In essence it is the process of securing additional financing using the worth of the asset you already own.

What do I require security for an company loan?

For loans up to $150,000 no asset security is required prior to the loan’s access, however we do need an individual guarantee. As long as you follow the loan terms (as detailed in your loan contract) and you are able to meet your obligations, asset security is not needed. For loans that exceed $150K, generally there is a personal guarantee and security that is in the form an asset charge.

Industries we currently aren't able to help with

  • Adult related industries
  • Auction houses or auction websites
  • Debt purchasers or debt collection firms
  • Direct marketing such as mail order, fundraising, telemarketing, direct-mail etc
  • Finance institutions and lenders
  • {Firearm businesses
  • Foreign currency exchange services
  • Freight forwarding and customs clearing houses
  • Gambling related industries
  • Not-for-profit organisations, charities and churches etc.
  • Smash repairers & panel beaters
  • Pawn shops or pawnbrokers
  • Property developers
  • Shares, stockbrokers or investment businesses
  • Tattoo palours
  • Taxi and ridesharing services
  • Ticket resellers & entertainment sales
  • Tow truck services
  • Used vehicle dealers
  • Car glass tintingcompanies
  • Automotive dismantlers

Although we can’t help with an unsecured business loan in these industries, we may be able to assist by providing secured business loan.

Auckland Unsecured Business Lending 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 365 511