Unsecured Business Loans Brown Owl NZ

If You Do This Today, You'll Have Everything You Need to Be Successful With a Brown Owl Business Loan

Unsecured Business Loans Brown Owl

A Brown Owl unsecured business loan is quick and simple to apply for. Request a quick approval and use the money for your business.

  • Could additional funds assist your business by allowing you to work capital or to take advantage of the opportunity for growth?
  • What is the financing strategy you are using to fund your company requirements?

What you can expect:

  • Easy process to fill out to be approved and receive funds as soon as tomorrow
  • There is no option to remittances in the first four weeks
  • From $5k to $500K in loans
  • Terms from 3-36 months
  • Competitive rates of interest rates
  • Minimal docs needed

The conditions for eligibility for an unsecured business loan to be made in Brown Owl are fairly minimal.

Call Now 0800 030 430
I'm now able to finance the renovation of our new Brown Owl resturant without having draw cash from other resturants.
Brown Owl Resturant Owner
I can now hire a marketer to take my company to the next step.
Growing Brown Owl Business
I'm able to get my taxes back on track.
Small Business Owner
I'm now able to go on a holiday knowing I am confident that my Brown Owl company will run without a hitch.
Local Business Owner
Business loans, particularly an unsecured unsecured business loan or line of credit for business financing need not be a stressfull process. Finance for a business in the shape of small business loans at a fixed interest rate cost, and with a repayment period that will suit the needs of your business budget.
Business Lenders for Business Goals
An easy loan application process that comes with a high amount of borrowing capacity, a low requirements for credit, and there is no requirement to create a business plan. Don't use your personal credit card or company credit cards to fund your company.
Unsecured Loans Made Simple
I'm now able to prepare coffee for my clients using the very best equipment.
Cafe Owner
Business loans with interest rates and repayment conditions, and flexible repayment options to meet the needs of your business needs.
Business Lending Options
Unsecured Business Loan Service Provider

Fast Approval Process

Applying for a business loans in Brown Owl with us is easy and takes only a few minutes, no mountains of paperwork or queues.

Get approved and receive your money within 1 – 2 company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We want to assist Brown Owl businesses of all sorts small, medium even solopreneurs to access money quickly, so that they can take advantage of loans to grow and build.

  • It all starts with a simple online application or phone call
  • Flexible repayment terms to suit your company
  • Quick funding in a day or two days
  • A team of people who want both you and your business to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

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

  • A minimum of six 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 evidence of identity
  • You should have a New Zealand bank as your principal account for trading
  • Bank statements from the previous six months

Do you require more money? Review the guidelines for eligibility for our $100K-$500K company loans.

Here's How Other People Have Benefited

Examples of Business Loans

A gym that had been in operation for more than 3 years wanted to grow and needed additional equipment. With an average monthly revenue of $37K they borrowed $72K over a 24 month period. There was no security requirement to secure the loan. It was compelted in 24 hours.
Gym
When they purchased a pizza store as well as two liquor stores 6-12 months earlier the new owners were looking for additional cash. The revenue total was greater than $500K per month and they could borrow $300K and split it into $100K per store with an option of both 24 and 36 month terms. No security over the owners homes was needed.
Owner of a Pizza Store & 2 Liquor Stores
A restaurant owner was wanting to open a second restaurant and needed money to fund the installation. Their bank wasn't interested in helping. Typical monthly revenue 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
An interior designer had spotted an opportunity to expand their company and required working capital to finance the growth. With an annual revenue of $300K they borrowed $250K in 24 months. The time to turn around for them was only 2 days, and all they had to present the required documents were twelve months' bank statements along with IRD confirmation and their trust deed.
Interior Designer
A company coach wanted to invest in the health and beauty business. With just over $12K in monthly revenues they borrowed $24K in 24 months. The loan required the submission of 12 months' bank statement and was done in only 8 hours.
Business Coach
Simple eligibility checklist

Larger Brown Owl Business Loan Eligibility Criteria

The criteria to be eligible for loans from larger Brown Owl company loans of between $100K and $500K consist of:

  • Minimum of 3 years in business
  • A minimum of $700K annually in income
  • You must be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Drivers Licence or Passport for identification
  • Use an account with a New Zealand bank as your principal account for trading
  • Bank statements for the last six months
  • Some financial statements such and Profit & Loss and the Aged Accounts Payable and Receivable

You are looking for a lesser amount of money? Take a look at the eligibility requirements for our $5K-$100K Brown Owl unsecured company loans.

Business Lending for a Cash Injection

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

A Brown Owl unsecured loan is ideal to use for any company use. Get in touch with us today.

  • Remodel or expand a commercial premises
  • Grow the team for busy periods
  • Grow stock levels to keep pace with demand
  • Make a brand new website or boost your marketing
  • Make sure you invest in new equipment, tools or new technologies
  • Make sure you have extra stock on hand to meet the seasonal demand
  • Control cash flow fluctuations
  • Plus lots 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 apply the fastest, most convenient way.

Quick application checklist

What do you need to apply

All that’s required to start is your contact information (the name of your company, your name, email and phone) as well as the amount you’d like to borrow as well as your monthly income.

Through the process and before settlement we’ll need confirmation of your identity but not before we can begin:

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

Once we’ve started when it comes to loans of more 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

An interior designer had noticed an opportunity to increase the size of their business and required working capital to fund this growth. With a monthly revenue of $300K they borrowed $250K in 24 months. The turnaround time was only two days and all they had to present was 12 months of bank statements IRD confirmation, IRD confirmation and trust deed.
Interior Designer
The owner of a restaurant wanted to open a second restaurant and needed money to fund the fit out. The bank was not interested in helping. Typical monthly revenue for them was $50K and they were able borrow $66K over 24 months. The turnaround time was just 8 hours.
Restaurant Owner
A company coach was seeking to invest in an well-being and cosmetics business. With just a little more than $12K in monthly revenue they borrowed $24K in 24 months. The loan was based on the submission of 12 months' bank statements and was done in only 8 hours.
Business Coach
With the busy Christmas season coming up, a store selling clothing required additional working capital to fund extra inventory and to take advantage of the discount offered by suppliers. They secured $20K over the course of 12 months with no collateral for their assets, and they had the funds in less than 24 hours.
Clothing Store
A gym that had been going for nearly 3 years was looking to expand and needed more equipment. With an average monthly revenue of $37K they borrowed$72K over a 24 month period. The loan was not secured and the loan was compelted within just 24 hours.
Gym

Unsecured Business Loan Brown Owl NZ 5018

The lending landscape has changed

With banks and traditional lenders tightening their credit terms as well as the continuous stream of alternative and non-bank loan providers entering the market offers a great resource to tap into.

Brown Owl SME’s are now in a position to obtain finance via alternative lenders who service Brown Owl who are focused on facilitating company expansion or smoothing cash flow challenges. In the past individual credit providers (drawing equity from a home loan, or by using credit cards, personal loans and loans) were the only alternative funding solutions in Brown Owl that were available.

There’s not a requirement to rely on the real estate market to secure business loan. With an unsecured loan, business funding is made simple. Instead of a term loan with banks, business finance for a small business with interest rates and loan terms that can help in cash flow are around as business lending options.

 

 

High level summary

Separate personal and business debt

There are numerous benefits by separating personal and business debt.

  • Your home or other investment properties, aren’t held for the purpose of accessing funds
  • The company has a stronger position to build its own, clear credit history
  • It’s significantly more straightforward for tax time
  • Businesses can easily view their cash flow, monitor and plan based on their ability to clearly determine their cash flow position

Limit your exposure, make tax time simpler, start with an unsecure loan for business. Get it today.

For those who like the detail

Separate personal and business debt

Risk

One of the main benefits of keeping your individual and business assets apart will be the fact that your house isn’t necessarily tied up to access the funds. If you’re looking for a small business loan in Brown Owl up to $100K the security of assets won’t be required so long as the borrower meets the loan requirements.

Credit history

Businesses will be in a stable long-term position when they can demonstrate good credit/debt ability to service.

Tax

Separating personal and company finances makes it more seamless when it comes to tax time, particularly when identifying what is the tax-deductible amount. The IRD has outlined the guidelines for the documentation required for claiming deductions on the tax return of a company. This is an area that the IRD has advised specifically on.

Cash flow

Effective cash flow management is crucial to the long-term success for any business. By keeping personal and business finance separate, companies can easily view, monitor and plan based on the ability to effectively evaluate their cash flow situation.

Business business loans, interest rates and repayment terms as well as flexible repayment options to suit what your business needs.
Business Lending Options
I'm now able hire a marketing professional to increase the success of my business to the next level of business growth.
Growing Business
I'm now able to go on vacation knowing that it is safe knowing that Brown Owl business will run without a hitch.
Local Business Owner
I am now able to fund the construction of our fresh Brown Owl resturant without having draw cash from other ones.
Brown Owl Resturant Owner
I'm now able make espresso for customers using the best equipment.
Cafe Owner
I'm able to get my tax back on time.
Small Business Owner
Business loans, in particular an unsecured unsecured business loan or line of credit for business financing need not be a stressfull process. Finance for a company in the shape of small business loans that have an interest rates and repayment period that will suit your business cash flow.
Business Lenders for Business Goals
A straightforward loan application process with a huge borrowing limit, minimal requirements for credit and no need to create a business plan. You no longer need to use your personal credit card and company credit cards as a way to finance your company.
Unsecured Loans Made Simple
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

Information About The Brown Owl Small Business Loans

Tell me how you can avail the Brown Owl Small Business Loans

Brown Owl unsecured loans provides amounts of between $5,000 and $100,000. Terms range from 3 and 24 months and cash flow friendly repayments that are either per day or weekly.

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

The application to this Small Business Loan in under 10 minutes on the internet or over the phone. You’ll get a same day response and funds may be on your account within 24 hours. Traditional business loans have an interest rate per annum plus other fees and charges. We offer a company loan is a loan that is priced upfront so you will know ahead of time the total amount to be paid, including any fees, interest or charges. Then, it is broken down into either a daily or weekly amount to be paid back.

What can be the Small Business Loan be used for?

A Small Business Loan can be used for nearly any business purpose including cash flow management, company improvements, advertising to purchase inventory, new equipment, as general working capital, and much more. The loan is not available to fund personal expenses.

Concerning Larger Brown Owl Business Loans

What is the Larger Brown Owl Business Loan?

The Larger Business Loan is a larger loan size to support business growth opportunities. Loans range from $100,000 to $500,000 for a fixed period of for up to 36 months. Repayments are either weekly or fortnightly to work with you cashflow.

How’s the Origination Fee calculated?

It is crucial to note that the 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 loan that is this large, your business needs to have been trading for at least 3 years, and have an annual income of $700K. You must be a New Zealand Citizen (or Permanent Resident) with a minimum age of 18 years old or have a New Zealand company (with a valid NZBN/IRD) and be able demonstrate at minimum 12 months of business.

What can I use the funding for?

A large company loan is a great option for almost all company reason, such as business remodeling, buying inventory or new equipment for general working capital and so much more. The loan cannot be used for personal purposes.

Is the Larger Business Loan one that is secured?

Asset security is required for funding of more than $150,000. It is usually by taking a charge over assets, and could include the registration of this on the PPSR or filing a caveat.

A director’s or personal guarantee is a promise to repay a loan which is generally based rather than defining security over an asset. The person who signs the guarantee is personally liable if the business 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 lists security interests that are registered in respect of personal property (including the assets or goods). The PPSR gives preference over private property assigned in accordance with the date on which a security interest that is registered.

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

What exactly is a preapproval without Credit Check?

When you’re applying for larger company loans of more than $250,000 we may be able to provide an initial pre-approval in order to ease the process. We could be able to make this decision without credit checks and within 6 hours of your initial application. This pre-approval is made based on a preliminary assessment which includes you answering a few financial health questions. It is not an offer or guarantee of funds. Acceptance without condition is subject to an exhaustive credit evaluation, and any offer that you are offered could be based on different conditions.

The application process

Do I qualify for funds?

You may be eligible 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 company (with a valid NZBN/IRD)
  • you must prove at least 6 months of business (for the unsecured loan $5K – $100K) or 3 years of trading (for the Larger Business Loan $100K - $500K)

How do I apply?

The application process is fast and simple. Simply complete the online form within a couple minutes, and a dedicated business loan specialist will contact you to guide you.

To be eligible for up to $100,000 you’ll require identification details (valid Driver’s License) as well as a valid NZBN/IRD and at least six months of bank statements.

For larger loan sizes, you’ll need:

$100K – $250K: Information about the application including credit consent, 6-12 months of bank statements, IRD statement (if credit is over $150K).
$250K to $500K: Details of the application, including credit consent as well as 12 month bank accounts, the IRD statements as well as the two most recent years’ financial statements, in addition to interim financials from the current financial year, Aged Payables and Aged Receivables Summary.

How soon will I hear a decision?

For an unsecured loan ($5K or more) we usually provide an answer within one hour – as long as you apply during quality business time and let us utilise the advanced bank verification system link to instantly verify your bank details online. If you opt to submit copies of your bank statements we can offer an answer in just an business day.

For the Larger Business Loan ($100K up to $500,000) we might be likely to offer the conditional pre-approval in about six hours. Once you have signed the pre-approval form, it will take approximately 2-3 days to receive final approval. However, this can be quicker based on the specifics of each application. Some offers have been approved within 24 hours.

The quickest method can be make sure you apply during standard company hours and allow us to use our modern bank verification to confirm your bank details online. If you upload copies of your bank statements , it takes a bit longer.

How quickly will I receive the money?

For the Small Business Loan ($5K or more) We can usually offer an answer within one hour – as long as you make your application 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 statement, we’ll offer the decision within an business day.

For Larger Business Loans ($100K or more) we might be in a position to provide you with conditional pre-approval in around 6 hours. Once you have signed the pre-approval, turnaround times are approximately 2-3 days to receive final approval, however it could be faster based on the circumstances of each application. Some transactions have received approval within the space of 24 hours.

The most effective method would be to make sure you apply during normal business hours, and allow us to use our advanced bank verification system to verify your bank information online. If you send us copies of your bank accounts, it can take a bit longer.

What is the maximum amount I can borrow?

We provide loans ranging from $5,000 to $500,000. When you make an application for a certain amount, we consider a variety of factors to determine the well-being of the business and the level of payments your company will be able to support. The total amount of the loan will be determined by the specifics of your business.

When you submit an application for a specific amount we will consider a number of elements to assess your health of your business as well as the amount of the repayments your company is able to afford. The total amount of the loan will be determined by the particular circumstances the business.

Fees & repayments

How much do you charge for the cost of a company loan?

If you decide to request the business financing, we will assess the risk assessment of your business and offer you with a customised proposal that includes the loan amount, the terms and interest rates. It is a business loan is an upfront priced loan therefore you will know the exact amount you will have to pay, including interest rates, fees or charges.

What is the basis for the rate I pay?

The interest rates on business loans rates depend on several factors such as the amount that is borrowed, the business assets the funds will be used for, the industry the business operates in, how long the business has been in operation, what percentage of the business has sufficient cash flow to pay for the loan, and also the general health and creditworthiness of the company.

What are the charges?

There aren’t any hidden charges for our company loans. You’ll know exactly how much you be required to pay and when, starting from the very first day. There’s no compounding interest and there are no additional charges (as as long as you pay your payments punctually).

We don’t charge an Application Fee. You can apply for a loan with absolutely no upfront cost and no obligation to proceed.

The Origination Fee covers the expenses involved in establishing and managing the loan. It is only charged for this fee if you proceed with the loan. The Origination Fee for us is 2.5 percentage of the amount of the loan.

Do I have the option of paying off the loan in advance?

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

If you decide to do this please speak to our friendly business credit professionals. They will provide you with details on repayment and an early payout figure. This will be calculated as the total of the principal amount remaining and accrued interest to the date of early payout and 1.5% of the principal balance plus any outstanding fees.

What are the repayment methods?

To help you avoid missing payment dates and to align with your cash flow cycle we offer repayments that are either weekly or daily. They are automatically deducted from your nominated business account.

Security & privacy

Will my data be protected?

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

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

Yes. We utilise industry-recognised encryption techniques to protect your personal, sensitive financial and other data. Our funders are ISO 27001 qualified for our commitment to the security of our customers as well as their privacy. We use an advanced banking verification system to immediately verify your bank account information online so we can provide rapid response.

About business loans

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

The term "asset-based" refers to borrowing where an business owner utilises the assets they have to secure a loan. The asset can be either a personal asset like the family home or it could be a business asset such as a vehicle as well as a piece of machine.

The vast majority of lending institutions, even the banks with the biggest size, prefer to secure loans against an asset. If you are having difficulty paying back the loan then your assets could be sold by the lender. In essence, it’s an opportunity to secure new funding using the value of what you already own.

Should I require security to secure an business loan?

Up to $150,000 in loans the requirement for asset security is not required in advance to gain access to the funds but we do need the personal guarantee. In the event that you fulfill the terms of your loan (as detailed in your loan contract) the security of assets will never be required. For loans over $150,000 generally, there is the option of a personal guarantee and security that is in the form an asset charge.

Industries we currently aren't able to help with

  • Anything adult industry related
  • Auction houses or auction websites
  • Debt purchasers & debt collection agencies
  • Direct marketers including fundraising, telemarketing, mail order, direct-mail etc
  • Finance institutions and lenders
  • {Firearm related businesses
  • Foreign currency exchange offerings
  • Customs clearing houses & freight forwarding
  • Anything gambling related
  • Non-profit organisations, charities and churches etc.
  • Smash repairers or panel beaters
  • Pawnbrokers & pawn shops
  • Property developers
  • Shares, stockbrokers & investment businesses
  • Tattoo studios
  • Taxi or ridesharing services
  • Entertainment sales and ticket resellers
  • Towing services
  • Used vehicle dealers
  • Car glass tintingfirms
  • Automotive dismantlers

Although we cannot assist with an unsecured business loan for these industries, we may be able assist with a secured business loan.

Fast Business Loans 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 030 430