Unsecured Business Loans Stonefields NZ

By This Tomorrow You Could Have Everything You Need to Be Successful With a Stonefields Business Loan

Unsecured Business Loans Stonefields

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

  • Would extra funds help your business by allowing you to work capital or to take advantage of a growth opportunity?
  • What are the best ways to finance your business requirements?

You can expect:

  • Easy to apply and receive approval and funds as soon as tomorrow
  • No reayments are permitted in the first 4 weeks
  • The range of borrowing is from $5k to $500K.
  • Terms from three to thirty-six months
  • Competitive rates of interest prices
  • Minimal documentation required

The conditions for eligibility for an unsecured business loan in Stonefields are fairly minimal.

Call Now 0800 030 430
A straightforward loan application process with a generous loan limit, with minimal credit criteria and there is no need to create a business plan. Don't use your personal credit card or company credit cards in order to finance your business.
Unsecured Loans Made Simple
I can now make coffee for my clients using the best equipment.
Cafe Owner
I am now able to take a holiday knowing my Stonefields business will run smoothly.
Local Business Owner
I can get my tax back on time.
Small Business Owner
Business loan interest rates and repayment terms, as well as flexible repayment options to fit the needs of your company requirements.
Business Lending Options
I am now able to fund the construction of our new Stonefields resturant without having draw cash from other ones.
Stonefields Resturant Owner
I'm now able to hire an experienced marketer to help me boost my business to the next stage.
Growing Stonefields Business
Business loans, in particular those that are unsecured business loan or line of credit for business funding require to not become a difficult process. Business finance in the form of small business loans with an interest rates and repayment time that fits the needs of your company financial needs.
Business Lenders for Business Goals
Unsecured Business Loan Service Provider

Fast Approval Process

The process of applying for business loans in Stonefields company loan within Stonefields with us is easy and takes just some minutes, without lengthy forms or lines.

Receive approval and cash within 1 to 2 business days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

Our purpose is to assist Stonefields companies of all kinds, including medium, small and even soloprenuers to get access to funding fast so they can use the loan to expand and develop.

  • It begins with an easy online application or phone call
  • Flexible repayment terms to suit your company
  • Fast and prompt funding within a single day or two
  • A team that wants you and your business to be successful
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The criteria for eligibility for an unsecured business loan in Stonefields 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 of revenue per month
  • You must be a New Zealand based company with a New Zealand Business Number (NZBN)
  • Passport or Driver’s Licence for proof of identity
  • Have an account with a New Zealand bank as your main trading account
  • Bank statements from the last 6 months

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

Here's How Others Have Benefited

Examples of Business Loans

An interior designer saw an opportunity to increase the size of their company and needed working capital to fund this growth. With a monthly income of $300K, they borrowed $250K over the course of 24 months. The time to turn around for them was just two days, and all they needed for them to present was 12 months of bank statements along with IRD confirmation and their trust deed.
Interior Designer
A business coach was looking to invest in the well-being as well as beauty business. With just over $12K in monthly revenue the company was able to borrow $24K over 24 months. This required the submission of 12 months' bank statements and was done in 8 hours.
Business Coach
The owner of a small supermarket that was making $70K a month borrowed $76K over a 24-month term with no repayments for the first four weeks. The loan required 12 months of bank statements. The turn around time was 6 hours from the time of application until receiving the funds.
Grocery Store Small Business Loan
After purchasing a pizza restaurant and two liquor stores 6-12 months earlier the new owners were looking for more funds. The overall revenue was $500k per month. They were able to obtain $300K, split out as $100K per store on a mix of 24 and 36 months. No security over the owners houses was needed.
Owner of a Pizza Store & 2 Liquor Stores
With the busy Christmas time approaching, a clothing store needed additional working capital to fund extra inventory and to take advantage of discounts offered by suppliers. They were able to borrow $20K for 12 months without asset security required and had the funds in less than 24 hours.
Clothing Store
Simple eligibility checklist

Larger Stonefields Business Loan Eligibility Criteria

The eligibility requirements in the larger Stonefields company loans of between $100K to $500K comprise:

  • A minimum of 3 years of business
  • A minimum of $700K annually in revenue
  • You must be a New Zealand based business with an New Zealand Business Number (NZBN)
  • Passport or Driver’s Licence for identification
  • You should have a New Zealand bank as your primary account for trading
  • Bank statements from the previous six months
  • Certain financial statements, such as Profit & Loss and the Aged Accounts Payable and Receivable

You are looking for a lesser amount of funding? Check out the guidelines for eligibility for our $5K-$100K Stonefields unsecured business loans.

Business Lending for a Cash Injection

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

A Stonefields unsecured loan is perfect to use for any business purpose. Get in touch with us today.

  • Renovate or expand the commercial space
  • Grow the team during busy times
  • Increase stock levels to meet the demand
  • Make a brand new website or boost your marketing
  • Put money into the latest equipment, tools or technological advancements
  • Buy extra stock to meet seasonal demand
  • Control cash flow fluctuations
  • And many more …

Want to get started on one of these options as early as tomorrow? Contact us today or send an application online 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 (company name, your name, email or phone number) as well as the amount you’d like to borrow, and your monthly revenue.

Through the process and before settlement we’ll require confirmation of your identity however, not in order to begin:

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

After we start when it comes to loans that exceed $150,000, you’ll need fundamental financial statements:

  • P&L statement
  • Aged payables
  • Aged receivables

Let’s get started.

 

Here's How Others Have Benefited

Examples of Business Loans

A plumber who has had business for 3 years, with monthly sales of $80K was looking for more funding. They took out $153K on a 36 month term. All that was required is 12 months worth of banking statements as well as confirmation of the loan's status with IRD. The process was completed within an hour and the plumber got their extra working capital available in their account soon afterward.
Plumber
Acquiring a pizza place and two liquor stores six to to 12 months ago, the new owners were looking for additional cash. The overall revenue was 500K per month. They could borrow $300K and split it into $100K per store with two different 24 and 36 month terms. There was no security on the owners' houses was needed.
Owner of a Pizza Store & 2 Liquor Stores
A company coach wanted to invest in a well-being as well as beauty company. With just under $12K in monthly revenue the company borrowed $24K over 24 months. This only required 12 months of bank statement and was done in only 8 hours.
Business Coach
An interior designer saw an opportunity to grow their business and required working capital to finance this growth. With monthly revenue of $300K they borrowed $250K over the course of 24 months. Their turnaround time was only 2 days, and all they needed to provide was 12 months of bank statement IRD confirmation, as well as trust deed.
Interior Designer
The owner of a modest grocery store that earned $70K per month borrowed $76K over a 24 month period, with no payments during the initial 4 weeks. This was contingent on 12 months of bank statements. The time to turn around was just six hours from the moment you applied to receiving the money.
Grocery Store Small Business Loan

Unsecured Business Loan Stonefields NZ 1072

The lending landscape has changed

In the wake of traditional lenders and banks restricting credit as well as the continuous stream of alternative and non-bank loan providers that are entering the market offers an incredible source to take advantage of.

Stonefields SME’s are now able to access finance through alternate lenders servicing Stonefields who are focused on facilitating company growth or smoothing problems with cash flow. The past was when the personal sources of credit (drawing equity from the house loan, or by using credit cards in addition to personal loans and loans) provided the most viable alternative funding services available in Stonefields that were available.

There is now there is no need for you to depend on using real estate to secure company lending. With an unsecured loan business financing is easy. Instead of a loan for a term with the bank, business finance for a small company with interest rates and loan terms that help with cash flow is 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 investment properties, aren’t held for access to funds
  • The company stands in stronger position to establish its own, clear credit history
  • It is substantially more seamless for tax time
  • Businesses can easily view their cash flow, monitor and plan based on being able to easily determine their cash flow position

Limit your exposure, make tax time more simple, apply for an unsecured busines loan. Apply today.

For those who like the detail

Separate personal and business debt

Risk

One big drawcard for keeping your personal and business assets apart is that your house isn’t required to be tied to the funds. In the case of a business loan within Stonefields up to $100K asset security won’t be needed as long as the borrower fulfills their loan obligations.

Credit history

Businesses are in a more favourable long-term financial position if they can demonstrate good credit/debt serviceability.

Tax

It is important to separate personal from company finances makes it much more seamless when it comes to tax time - particularly when determining what is the tax-deductible amount. The IRD has laid out guidelines for the documentation required in order to deduct deductions from a business’s tax return. This is an area where the IRD has advised specifically on.

Cash flow

Effective cash flow management is vital to the longevity of any business. Through keeping personal and business finances distinct, companies can easily view how they are performing, monitor and plan on their ability to easily evaluate their cash flow situation.

Business loans with interest rates and repayment terms and flexible repayment options to fit the needs of your business requirements.
Business Lending Options
A seamless loan application process that comes with a high loan limit, with minimal credit criteria and there is no requirement to present a business plan. You no longer need to use your personal credit card and company credit cards in order to finance your business.
Unsecured Loans Made Simple
I can now hire an specialist marketer to help me take my company to the next stage of business growth.
Growing Business
I'm able to get my taxes back in order.
Small Business Owner
I'm now able to finance the renovation of our modern Stonefields resturant without having to take cash from other ones.
Stonefields Resturant Owner
Business loans, especially those that are unsecured business loan or line of credit for business funding require not be a tense procedure. Business finance in the form of small business loans with an interest rates and repayment schedule that will suit your business financial needs.
Business Lenders for Business Goals
I am now able to make espresso for clients with the best equipment.
Cafe Owner
I can now take vacation knowing that my Stonefields business will run without a hitch.
Local Business Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

More about the Stonefields Small Business Loans

Let me know more about Stonefields Small Business Loans

Stonefields unsecured loans offers amounts of between $5,000 and $100,000. Terms range from 3 and 24 months, cash flow-friendly repayments that are either daily or weekly.

How is how is the Unsecured Loan different from an traditional company loan?

Apply to get the Small Business Loan in under 10 minutes via the internet or on the phone. You’ll receive a same day response and funds may be in your account within 24 hours. Traditional business loans refer to an interest rate per annum as well as other fees and charges. The business loan is a loan that is priced upfront therefore you’ll be aware in advance of the total amount payable including the interest, fees and charges. This is then broken down into either a daily or weekly installment amount.

What could be the Small Business Loan be used for?

It is a Small Business Loan can be used for virtually every business use, including control of cash flow business remodeling, marketing to purchase inventory, new equipment, as general working capital, and much more. The loan is not available to fund personal expenses.

Concerning Larger Stonefields Business Loans

What is the Larger Stonefields Business Loan?

The Larger Business Loan is a larger loan size to support business growth opportunities. Loans range between $100,000 and $500,000 for a fixed period of for up to 36 months. Repayments are scheduled weekly or fortnightly depending on your cash flow.

How’s the Origination Fee determined?

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

Am I eligible for the Larger Business Loan?

To qualify for a loan in this amount, your business needs to have been in operation for at least 3 years with an annual turnover of $700,000. Your company must belong to a New Zealand Citizen (or Permanent Resident) at least 18 years old or have a New Zealand company (with a valid NZBN/IRD) and be able demonstrate at the least 12 months of operating.

What can the funding be used for?

A Business Loan of a larger size can be used for nearly all company use, including company remodeling, buying inventory or new equipment for general working capital and so much more. The loan cannot be used for personal reasons.

Is the Larger Business Loan one that is secured?

Asset security is necessary for accessing funds over $150,000. This is by way of charge over assets, and could include registering this with the PPSR or registering a caveat.

A director’s or personal guarantee is a commitment to repay a loan which is general in nature, rather than stipulating the security for a particular asset. The person signing the ensure is personally liable in the event that the company borrower is unable to make the repayment.

The Personal Property Securities Register (PPSR) is an online central register operated by the New Zealand Government. It lists security interests that are granted to individuals who own personal property (including items or assets). The PPSR allows priority over personal property to be granted according to the date a security interest was registered.

An affidavit is an official document that is filed to offer notice of a legal claim on a property.

What exactly is a preapproval without Credit Check?

If you’re applying for a Larger Business Loan that is greater than $250,000 we may be able to provide an initial pre-approval that will help ease the process. We may be able to get this done without a credit verification and within six hours of your initial application. The pre-approval is based upon an initial evaluation that involves you answering some financial health checks. This is in no way an offer, nor is it a guarantee of funds. Acceptance without condition is subject to an extensive credit evaluation and any offer you receive could be based on different terms.

The application process

Do I have the right to receive funds?

You are eligible to apply for a business 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)
  • must show at least six months’ worth of transactions (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 quick and easy. Simply complete the online form in few minutes and an experienced company expert in lending will be in touch to guide you through the process.

For a loan of up to $100,000, you’ll require proof of identity (valid Driver’s License) along with a valid NZBN/IRD and at least 6 months’ worth of bank statements.

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

$100K-$250K: Details of application, including credit consent, 6-12 months of bank statements, IRD statement (if you have a loan of more than $150K).
$250K to $500K: Application details 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 current financial year financials such as age-related payables and aged Receivables summary.

How fast will I get a decision?

For an unsecured loan ($5K and up) we typically offer a response in one hour, provided you submit your request at quality company times and allow us to utilise the bank verification system link to instantly verify your bank information online. If you want to upload copies of your bank statements , we will be able to offer the decision within an business day.

For the Larger Business Loan ($100K up to $500,000) we could be capable of offer the conditional pre-approval within about 6 hours. After you’ve signed the pre-approval form, it will take between 2 and 3 days for the final approval. However, this can be quicker based upon the circumstances for each application. Certain agreements have been approved in 24 hours.

The quickest way to apply is to make sure you apply during normal company hours. You can also permit us to use the advanced bank verification system link to confirm your bank details online. If you decide to send us documents from your account statements it may take a bit longer.

How quickly will I receive the money?

For the Small Business Loan ($5K to $100K) we can often offer an answer within one hour if you apply during standard business time and you allow us to use the advanced bank verification system to instantly verify your bank details online. If you opt to submit copies of your bank statements we can provide a decision within the span of one business day.

For Larger Business Loans ($100K up to $500,000) we may be able to provide you with a conditional pre-approval in about 6 hours. Once you have signed the pre-approval, turnaround times are between 2 and 3 days for the final approval. However, this can be faster depending on the circumstances of each application. Certain agreements have been approved in the space of 24 hours.

The fastest way for you to apply is ensure you apply during normal business hours, and permit us to use the advance bank verification link to verify your bank account information online. If you opt to send us duplicates of your banking statements, it takes 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 that determine your health that is your company and the extent of repayments that your business will be able to support. The amount you receive from the loan will be determined by the specific circumstances of your company.

If you apply for a particular amount, we consider a variety of aspects to determine how much we can lend you such as well-being for your company and the amount of repayments your business can afford. The total amount of your loan will be contingent on the specifics the business.

Fees & repayments

How do you charge for a company loan?

If you decide to make an application for one of our company loan, we’ll assess the risk profile that you have for your company and provide you with a customised offer, including the amount of the loan, the duration and interest rates. A company loan is an upfront cost loan which means you be aware of the total amount to be paid, including any charges, interest rates or fees.

What determines the amount I’m charged?

Business loan interest rates depend on a variety of factors such as the amount that is that is borrowed, what company assets the money will be used for in addition to the industry that the company is in, how long the business has been in operation for, in the event that the company has sufficient cash flow to support the loan, and general well-being 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 you be required to pay and when, right from the first day. There’s no compounding interest, and no extra fees (as long as you make your payments in time).

We don’t charge an application fee. You are able to get a cash loan with no upfront cost or obligation to proceed.

The Origination Fee includes the expenses associated with setting up and managing the loan. The only way to pay this fee if you decide to take the loan. The Origination Fee for us is 2.5 percent of the amount of loan.

Can I repay the loan early?

You can decide to repay all of your loan in full at any time.

If you decide to do this please speak to our friendly business loan professionals. They’ll offer you with details on repayment and an early payment figure. This is 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 as well as any outstanding fees.

How do repayments work?

To ensure that you don’t miss payment dates and to align your cash flow cycle we provide payments that are either daily or weekly. These are automatically deducted from the nominated company account.

Security & privacy

Will my information be secure?

Protecting your information, and being transparent about the ways we gather the information we collect, use, share and safeguard your data, is of huge importance and a vital element of our relationship with you.

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

Yes. We use industry recognised encryption standards to protect your personal, sensitive as well as financial data. Our funders are ISO 27001 certified for our dedication to customer security and privacy. We employ an exceptionally sophisticated bank verification system link to immediately verify your bank account information online, allowing us to offer a fast response.

About business loans

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

An asset-based loan is when an company owner borrows from an asset they own to get the funding. The asset could be a personal asset like the family home, or an business property like a truck as well as a piece of machine.

The majority of banks, including the major banks, prefer to secure loans against an asset. If you’re struggling to pay back the loan, your assets could be transferred to the lender. In essence it is means of securing new funding using the worth of the asset you already have.

Do I need security to get a company loan?

For loans of up to $150,000, there is no requirement for asset security in advance to gain access to the funds but we do need an individual guarantee. As long as you follow your loan obligations (as stipulated in your loan contract) the security of assets is not required. For loans over $150K generally, you are able to get a personal guarantee and security in the form the charge of assets.

Industries we currently aren't able to help with

  • Adult related industries
  • Auction websites or auction houses
  • Debt collection companies & debt purchasers
  • Direct marketers including fundraising, telemarketing, mail order, direct-mail etc
  • Finance lenders and institutions
  • {Firearm related businesses
  • Foreign currency exchange services
  • Freight forwarding & customs clearing houses
  • Gambling related industries
  • Non-profit organisationsincluding charities and churches etc.
  • Smash repairers and panel beaters
  • Pawnbrokers or pawn shops
  • Property developers
  • Shares, stockbrokers and investment businesses
  • Tattoo palours
  • Ridesharing or taxi services
  • Entertainment sales & ticket resellers
  • Towing services
  • Used vehicle dealerships
  • Car glass tinting
  • Car wrecking yards

Although we cannot assist with an unsecured business loan for those industries, we might be able to assist with a secured business loan.

Fast Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

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0800 030 430