Unsecured Business Loans Green Bay NZ

By This Tomorrow You Could Be On The Right Track To Success WithThe Help Of a Green Bay Business Loan

Unsecured Business Loans Green Bay

A Green Bay unsecured business loan is easy and quick in applying for. Apply for a loan quickly and begin using the money in your company.

  • Do you think that additional funds could help your business in working capital, or in achieving a growth opportunity?
  • How are you financing your business needs?

What to expect:

  • It’s easy to apply and receive approval and funds as soon as tomorrow
  • Optionally no reayments in the first 4 weeks
  • Borrow from $5k to $500K
  • Terms from 3 to 36 month
  • Competitive rates of interest rates
  • Minimal documentation required

The eligibility requirements for an unsecured business loan within Green Bay are fairly minimal.

Call Now 0800 510 025
I'm now able make espresso for customers using the best equipment.
Cafe Owner
I'm now able hire a marketer to take my business to the next step.
Growing Green Bay Business
I'm now able fund the construction of our modern Green Bay resturant without having to take cash from other restaurants.
Green Bay Resturant Owner
Business credit rates and repayment conditions, and flexible repayment options to meet the requirements of your business requirements.
Business Lending Options
An easy loan application process that comes with a high amount of borrowing capacity, a low credit criteria and no requirement to present a business plan. Don't use your personal credit card or business credit card to fund your company.
Unsecured Loans Made Simple
I'm able to get my taxes back on track.
Small Business Owner
I'm now able to go on time off knowing that the Green Bay business will run smoothly.
Local Business Owner
Business loans, in particular an unsecured unsecured business loan or line of credit for business financing need not be a stressfull process. Business finance in the form of small business loans that have an interest rates and repayment schedule that will suit your business budget.
Business Lenders for Business Goals
Unsecured Business Loan Service Provider

Fast Approval Process

Applying for a company loan within Green Bay with us is easy and takes only some minutes, without lengthy forms or lines.

Approved and receive funds in 1 – 2 business days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We are aiming to assist Green Bay companies of all kinds, from small to medium-sized solopreneurs access funding fast so they can utilise the loan to build and expand their business.

  • It begins with an easy online application or by phone
  • Flexible repayment terms that can be tailored to your company
  • Fast cash in just a day or two days
  • A team that wants for you as well as your company to be successful
Simple eligibility checklist

Small Business Loan Eligibility Criteria

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

  • At least 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 Licence for proof of identity
  • You should have an account with a New Zealand bank as your principal account for trading
  • Bank statements from the last 6 months

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

Here's How Other People Have Benefited

Examples of Business Loans

A company coach wanted to invest in the health and cosmetics business. With just over $12K in monthly revenues they borrowed $24K in 24 months. The loan was based on 12-month bank statements and was completed in less than 8 hours.
Business Coach
A restaurant owner was wanting to open a second establishment and required funds to renovation. The bank they approached wasn't willing to help. The typical monthly income for them was $50K. They borrowed $66K over the course of 24 months. It took only 8 hours to get access to the funds.
Restaurant Owner
A gym that had been running for more than three years decided to increase its size and needed more equipment. With an average monthly revenue of $37K they borrowed $72K over a 24- month period. No security was required for the loan and it was ready to go in just 24 hours.
Gym
With the busy Christmas season fast approaching, a clothes store needed additional working capital to fund extra stock and also benefit from a supplier discount. They took out a loan of $20K over a period of 12 months, with no security of assets required. They received the funds within 24 hours.
Clothing Store
The proprietor of a small grocery store doing $70K a month borrowed $76K over a 24-month period with no repayments for the first 4 weeks. The loan required 12 months of bank statements. Turnaround time was just 6 hours from application to getting the money.
Grocery Store Small Business Loan
Simple eligibility checklist

Larger Green Bay Business Loan Eligibility Criteria

The criteria for eligibility to be eligible for loans from larger Green Bay business loans of between $100K and $500K are:

  • Minimum of 3 years in business
  • At least $700K in annual revenue
  • You must be a New Zealand based business with an New Zealand Business Number (NZBN)
  • Passport or
  • Driver’s License to serve as proof of identity
  • Make sure you have a New Zealand bank as your main trading account
  • Bank statements for the last 6 months
  • Certain financial statements include Profit & Loss and the Aged Accounts Payable and Receivable

Do you need a smaller amount of funding? Find out the eligibility requirements for our $5K to $100K Green Bay unsecured business loans.

Business Lending for a Cash Injection

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

A Green Bay unsecured loan is perfect for virtually any company need. Call us now.

  • Expand or renovate a commercial premises
  • Grow the team for busy periods
  • Grow stock quantities to keep pace with demand
  • Develop a new website, or enhance your marketing
  • Put money into new equipment, tools or new technologies
  • Purchase extra stock to cover seasonal demand
  • Control cash flow fluctuations
  • And many more …

Want to get started on one of these projects as soon as tomorrow? Then get in touch with us or apply online now to get the fastest and most effective process.

Quick application checklist

What do you need to apply

All you need to get started is your contact information (the name of your company, your name, email and telephone) along with the amount you want to borrow, as well as 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:

  • Details of the Idenfication (valid Driver’s License)
  • Details of the company including time of trading, ownership details and the NZBN (New Zealand Business Number)

In addition, once we have started when it comes to loans of more than $150,000 you’ll need basic financial statements.

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started.

 

Here's How Others Have Benefited

Examples of Business Loans

A business coach wanted to invest in the well-being and cosmetics business. With just under twelve thousand dollars in monthly income, they borrowed $24K over 24 months. The loan required the submission of 12 months' bank statement and was done in 8 hours.
Business Coach
A gym that was running for more than three years decided to increase its size 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 settled in just 24 hours.
Gym
The proprietor of a small grocery store making $70K a month borrowed $76K over a 24-month term with no repayments for the first 4 weeks. This was contingent on 12 months of bank statements. The turnaround time was only 6 hours from application to getting the money.
Grocery Store Small Business Loan
When they purchased a pizza shop as well as two liquor stores six to 12 months earlier the new owners were seeking more funds. The revenue total was greater than 500K per month. They could have borrowed $300K, split out as $100K per store on a mix of 24 and 36 months. No security over the owner's houses was needed.
Owner of a Pizza Store & 2 Liquor Stores
A restaurant owner was wanting to open another restaurant and needed funding to remodel. Their bank wasn't willing to help. The typical monthly income for them was $50K, and they were able borrow $66K over the course of 24 months. It took only 8 hours to get access to the funds.
Restaurant Owner

Unsecured Business Loan Green Bay NZ 0604

The lending landscape has changed

With traditional and bank lenders increasing their credit requirements as well as the continuous stream of alternative and non-bank loan providers entering the market provides the perfect source for you to tap into.

Green Bay SME’s are now able to access finance through alternative lenders who service Green Bay who are focused on enabling company growth or smoothing cash flow challenges. In the past, the personal sources of credit (drawing equity from the home loan or credit cards and personal loans as well as the overdraft) were the only alternative financing services in Green Bay that were around.

There is now an end to the requirement in the present to depend on real estate to secure company lending. With an unsecured loan business financing is now easy. Instead of a term loan with a bank, business finance for a small company with interest rates and loan terms that help to manage cash flow are available as business loans.

 

 

High level summary

Separate personal and business debt

There are many benefits with separating personal and business debt.

  • Your home or other investments, aren’t tied up for the purpose of accessing funds
  • The business has a much better position to create its own credit history
  • It’s substantially more straightforward during tax time
  • Businesses are able to easily review the situation, track and plan based on being able to easily assess their cash flow position

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

For those who like the detail

Separate personal and business debt

Risk

One of the main benefits of keeping your individual and company assets separate can be that your house isn’t necessarily tied up to allow access to the funds. If you’re looking for a small business loan in Green Bay up to $100K the security of assets won’t be required as long as the borrower fulfills their loan obligations.

Credit history

Companies are in a stable long-term position when they can demonstrate good credit/debt serviceability.

Tax

Separating personal and company finances makes it significantly more straightforward with regards to tax time - especially when it comes to determining the tax-deductible amount. The IRD has laid out rules on the evidence required to claim deductions on an individual’s tax return. This is an area that the IRD has advised specifically on.

Cash flow

Effective cash flow management is essential to the long-term survival of any company. Through maintaining personal as well as business finances separate, businesses can easily view their cash flow, plan and monitor it based on the ability to effectively determine their cash flow status.

I'm now able to finance the fitout of our newly constructed Green Bay resturant without having to take cash from other resturants.
Green Bay Resturant Owner
I'm now able make coffee for my customers with the best equipment.
Cafe Owner
A simple loan application process with a large borrowing limit, minimal requirements for credit, and there is no need to present a business plan. Do not use your personal credit card or business credit cards to fund your business.
Unsecured Loans Made Simple
Business business loans, interest rates and repayment terms, as well as flexible repayment options to fit your business needs.
Business Lending Options
Business loans, in particular one that is an unsecured business loan or line of credit for business funding require not be a difficult procedure. Business finance in the form of small business loans that have an interest rate cost, and with a repayment period that fits your company liquidity.
Business Lenders for Business Goals
I'm now able to go on a holiday knowing the Green Bay company will run well.
Local Business Owner
I'm able to get my tax back on time.
Small Business Owner
I'm now able hire an expert marketer to increase the success of my company to the next stage of business growth.
Growing Business
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

Information About The Green Bay Small Business Loans

Let me know more about Green Bay Small Business Loans

Green Bay unsecured loans offers amounts of between $5,000 and $100,000, with terms ranging from 3 and 24 months. They also offer cash flow friendly repayments that are either daily or weekly.

What makes this Unsecured Loan different from a traditional company loan?

Apply to this Small Business Loan in under 10 minutes over the phone. You’ll get an instant response and have the funds on your account within 24 hours. Traditional company loans have an annual rate of interest as well as other fees and charges. We offer a business loan is a pre-paid loan which means you be aware in advance of the total amount due, which includes any fees, charges or charges. Then, it is divided into weekly or daily repayment figure.

What could be the Small Business Loan be used for?

The Small Business Loan can be used for almost every company need, such as control of cash flow business renovations, marketing for purchasing inventory or new equipment, as general working capital and so much more. The loan cannot be used for personal reasons.

About larger Green Bay Business Loans

What is the Larger Green Bay 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 over a fixed term with a maximum of 36 months. The repayments are made weekly or fortnightly depending on the flow of cash.

How’s the Origination Fee calculated?

It is important to note that the Larger Business Loan has an Origination Fee, calculated at 2.5% of the loan amount.

Can I get the Larger Business Loan?

To be eligible for a loan that is this large, your business needs to be in operation for at least 3 years with an annual turnover of $700,000. Your business must belong to a New Zealand Citizen (or Permanent Resident) over 18 years, own a New Zealand business (with a valid NZBN/IRD) and be able demonstrate at minimum 12 months of continuous trading.

How can the funds be used for?

A Larger Business Loan can be used to fund almost any company use, including company remodeling, buying new equipment or inventory, as general working capital, and much more. The loan cannot be used for personal purposes.

Is the Larger Business Loan one that requires security?

Asset security is required for accessing funds over $150,000. This is in the form of a charge on assets, which could also include the registration of this with the PPSR or filing a caveat.

A personal or director’s ensure is a promise to repay credit that is general in nature rather than stating the security for a particular asset. The person signing the ensure is personally liable if the company lender is not able to pay back the debt.

The Personal Property Securities Register (PPSR) is an online, central register run by the New Zealand Government. It records security interests that have been which are registered with respect to personal property (including objects or assets). The PPSR allows prioritisation over property that is personal to be assigned depending on the date that a registration of a security interest.

Caveats are legal document that is filed to provide the public notice of a legal claim to property.

What exactly is a preapproval without Credit Check?

If you’re requesting the Larger Business Loan that exceeds $250K, we may offer an initial pre-approval to smooth out the process. We could be able to get this done without credit checks and within 6 hours of your initial application. This pre-approval is based on an initial assessment, which involves you answering a few financial health questions. It’s in no way an offer, nor is it a guarantee of credit. Acceptance without condition is subject to an extensive credit evaluation and any offer that you may receive may be subject to different conditions.

The application process

Are I eligible for funding?

You can apply for a company loan if you:

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

How do I apply?

The application process is fast and simple. Just complete the online application in few minutes and a dedicated company lending specialist will be in touch to help you.

To apply for up $100,000, you’ll require ID details (valid Driver’s Licence), a valid NZBN/IRD as well as at least six months of bank statements.

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

$100K-$250K: Information about the application including credit consent, 6 – 12 months of IRD statements, bank statements (if loan above $150K).
$250K to $500K: Details of the application, including credit consent and 12 months of bank records, IRD statement, last 2 years finalised financial statements, and interim financials for the current financial year such as age-related payables and aged Receivables Summary.

What speed will I be able to get a decision?

For an unsecured loan ($5K and up) we usually provide a response in one hour – as long as you make your application during quality business time and let us make use of the advanced bank verification system to instantly verify your bank’s information online. If you choose to send us copies of your bank statements , we are able to provide the decision within 1 company day.

If you are applying for a Larger Business Loan ($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 require to wait approximately 2-3 days to receive final approval, however this can be quicker based on the particular circumstances of each application. Certain offers have been approved in just 24 hours.

The most efficient method can be ensure you apply during normal business hours and permit us to use the modern bank verification to check your bank’s information online. If you 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 can often offer a response in one hour, provided you make your application in normal business times and allow us to make use of the advanced bank verification system to instantly verify your bank details online. If you choose to upload copies of your bank statements, we are able to offer a decision in as little as the span of one business day.

For Larger Business Loans ($100K up to $500,000) we may be in a position to provide the conditional pre-approval within 6 hours. Once you have signed the pre-approval form, it will take about 2-3 days for final approval, however this can be faster depending upon the circumstances for each application. Certain transactions have received approval within 24 hours.

The most effective method can be ensure you apply during normal business hours, and allow us to use our sophisticated bank verification to confirm your bank details online. If you choose to upload copies of your bank statements, it may take a bit longer.

How much can I borrow?

We provide the loan amount between $5,000 and $500,000. When you make an application for a certain amount we take into consideration a range of elements for determining your health of your business and the amount of the repayments your company can support. The total amount of your loan will be contingent on the particular circumstances that are unique to your business.

When you submit an application for a specific amount we look at a range of elements to determine how much we can lend you such as well-being of your company and the amount of repayments that your company is able to afford. The total amount of the loan will be determined by the specifics the company.

Fees & repayments

What is the cost for a business loan?

If you decide to request the business loans, we will assess the risk assessment that you have for your business and provide you with a customised proposal that includes loan amount, term and interest rates. It is a business loan is an upfront priced loan and you’ll know in advance the total amount payable including any charges or interest.

What is the basis for the rate I pay?

The interest rates on company loans rates vary due to variables like the amount to be borrowed, what company assets the funds will be used for in addition to the industry that the company is in, how long the business is in operation as well as whether the company has enough cash flow to pay for the loan, as well as the general health as well as creditworthiness business.

What are the fees?

There aren’t any hidden costs for our business loans, and you’ll know precisely how much it is that you be required to pay and when, starting from day one. There’s no compounding interest and no additional fees (as long as you make your payments punctually).

We do not charge an application fee. You are able to request a credit loan with no upfront cost or commitment to apply.

The Origination Fee is the cost associated with setting up and managing the loan. This is only a fee if you decide to take the loan. Our Origination Fee is 2.5% of the amount of the loan.

Can I pay out the loan earlier?

You can choose to repay all of your loan at any point in time.

If you choose to pursue this option, please talk to one of our helpful company loan professionals. They’ll provide you with the details of your repayment and an early payout figure. It will be calculated using the total of the principal remaining and accrued interest to the time of early payout, plus 1.5% of the principal amount remaining and any fees that remain unpaid.

How do you make repayments work?

To make sure you do not miss due dates and also to be in line your cash flow cycle we provide repayments either weekly or daily. These are automatically deducted from your nominated business account.

Security & privacy

Will my data be secure?

Security of your data, and making it clear the ways we gather, use, exchange and ensure the security of your information is of paramount importance and an integral part of our relationship with you.

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

Yes. We make use of industry-standard encryption standards to protect your personal, sensitive financial information and our funders are ISO 27001 certified for our commitment to protecting the security of customers and security. We use an advanced bank verification system to instantly confirm your bank account information online. This allows us to offer an immediate response.

About business loans

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

The term "asset-based" refers to borrowing where the business owner utilises the assets they have to make the funds for a loan. The asset could be an individual asset, such as the family home, or a company asset like a truck or piece of equipment.

The vast majority of lenders, not just the big banks, tend to secure loans against assets. If you’re struggling to pay back the loan, then your assets could be taken over by the lender. In essence, it’s a way of securing additional financing making use of the value of what you already have.

Do I need security to secure an company loan?

Up to $150K in loans no asset security is required before you can access the money but we do need a personal guarantee. In the event that you fulfill the terms of your loan (as stated in your loan contract document) and you are able to meet your obligations, asset security will never be needed. If you take out loans in excess of $150K generally, there is personal guarantee and security is provided in the form of an asset charge.

Industries we currently aren't able to help with

  • Anything adult industry related
  • Auction websites and auction houses
  • Debt collection firms & debt purchasers
  • Direct marketing including telemarketing, fundraising, mail order, direct-mail etc
  • Financial lenders or institutions
  • {Firearm dealers
  • Foreign currency exchange solutions
  • Freight forwarding and customs clearing houses
  • Gambling related industries
  • Non-profit organisations such as charities, churches etc
  • Smash repairers & panel beaters
  • Pawn shops or pawnbrokers
  • Property development
  • Shares, stockbrokers & investment businesses
  • Tattoo studios
  • Taxi or ride sharing services
  • Entertainment sales or ticket resellers
  • Vehicle towing services
  • Secondhand car dealers
  • Vehicle glass tintingcompanies
  • Car dismantlers

Although we can’t help with an unsecure business loan in the above industries, we might be able to assist you with a secured business loan.

Unsecured Business Lending NZ 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 510 025