Unsecured Business Loans Maupuia NZ

By This Tomorrow You Could Have Everything You Need to Be Successful WithThe Help Of a Maupuia Business Loan

Unsecured Business Loans Maupuia

A Maupuia unsecured business loan is simple and quick to apply for. Apply for a loan quickly and begin using the money to grow your company.

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

What to expect:

  • Easy process to fill out and get approved and cash as quickly as tomorrow
  • No reayments are permitted in the initial 4 weeks
  • Amount of loan from $5k up to $500K
  • Terms from 3 to 36 months
  • Competitive rates of interest rates
  • Minimal documentation

The criteria for eligibility for an unsecured business loan within Maupuia are fairly minimal.

Call Now 0800 004 520
Business credit rates and repayment terms and flexible repayment options to meet you business needs.
Business Lending Options
I'm now able make coffee for my clients using the best equipment.
Cafe Owner
I'm able to get my taxes back in order.
Small Business Owner
Business loans, specifically an unsecured unsecured business loan or line of credit to business financing need never be an tense process. Business finance can be in the form of small business loans at an interest rates and repayment schedule that will suit your company cash flow.
Business Lenders for Business Goals
I'm now able to go on a holiday knowing the Maupuia company will run effortlessly.
Local Business Owner
A simple loan application process with a generous loan limit, with minimal credit criteria and no requirement to present a business plan. Do not use your personal credit card and business credit cards as a way to fund your business.
Unsecured Loans Made Simple
I'm now able fund the fitout of our fresh Maupuia resturant without having to take cash from other resturants.
Maupuia Resturant Owner
I'm now able to hire a marketer to increase the success of my company to the next step.
Growing Maupuia Business
Unsecured Business Loan Service Provider

Fast Approval Process

Applying for a business loans within Maupuia with us is easy and takes just less than a minute, with no piles of paperwork or long waits.

Approved and receive funds in 1-2 business days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

Our goal is to assist Maupuia companies of all sorts small, medium even solopreneurs to access quick funding so that they can utilise the loan to expand and grow.

  • It all starts with a simple online application, or phone call
  • Flexible repayment terms to meet the requirements of your company
  • Fast cash in just a day or two days
  • We want you and your business to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The requirements for obtaining an unsecured business loan in Maupuia of between $5K and $100K is fairly low.

  • At least 6 months 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)
  • Drivers Licence or Passport for evidence of identity
  • You should have an account with a New Zealand bank as your main trading account
  • Bank statements for the last 6 months

Looking for more funding? Take a look at the guidelines for eligibility for our $100K to $500K company loan.

Here's How Others Have Benefited

Examples of Business Loans

A restaurant owner wanted to open another restaurant and needed funding to installation. The bank was not interested in helping. The typical monthly income for them was $50K. They were able to borrow $66K for 24 months. Turnaround was only 8 hours.
Restaurant Owner
A plumber who's had business for 3 years with monthly sales of $80K was looking for more funding. They borrowed $153K over 36 months. All that was needed is 12 months worth of banking statements as well as confirmation of the loan's status with IRD. The process was completed within just a few hours and the plumber was able to access their working capital available in their account in a matter of hours.
Plumber
The owner of a modest supermarket that was making $70K a month borrowed $76K over a 24 month term , without making any repayments during the initial 4 weeks. The loan required 12 months of bank statements. Turnaround time was just 6 hours from application to getting the funds.
Grocery Store Small Business Loan
An interior designer saw an opportunity to increase the size of their business and needed working capital in order to finance this expansion. 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 needed for them to provide was 12 months of bank statements IRD confirmation, as well as their trust deed.
Interior Designer
A company coach was looking to invest in an health and beauty business. With just over twelve thousand dollars in monthly income the company borrowed $24K over 24 months. The loan required twelve months worth of statement and was done in only 8 hours.
Business Coach
Simple eligibility checklist

Larger Maupuia Business Loan Eligibility Criteria

The requirements for eligibility of larger Maupuia business loans of between $100K and $500K include:

  • A minimum of 3 years of business
  • A minimum of $700K annually in revenue
  • Be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Drivers Licence or Passport for identification proof
  • You should have an account with a New Zealand bank as your principal account for trading
  • Bank statements from the past 6 months
  • Certain financial statements include Profit & Loss and Aged Accounts Payable and Receivable

Looking for a smaller amount of funds? Look over the guidelines for eligibility for our $5K to $100K Maupuia unsecured company loans.

Business Lending for a Cash Injection

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

A Maupuia unsecured loan is great for almost every business reason. Contact us now.

  • Expand or renovate the commercial space
  • Hire more staff for busy times
  • Increase stock quantities to keep up with demand
  • Build a new website or improve your marketing
  • Put money into the latest equipment, tools or technology
  • Buy extra stock to meet seasonal demand
  • Manage cash flow fluctuations
  • Plus many more …

Want to get started on one of these as soon as tomorrow? Contact us or send your application online to get the fastest and most efficient process.

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) and the amount you’d like to borrow, as well as your monthly income.

During the process and before settlement we will require confirmation of who you are but not before we can begin:

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

Once we’ve started in the process, for loans greater than $150,000 you’ll also require basic financial statements:

  • P&L statement
  • Aged payables
  • Aged receivables

Let’s get started now.

 

Here's How Others Have Benefited

Examples of Business Loans

When they purchased a pizza shop and two liquor stores 6-12 months earlier, the new owners needed additional cash. The combined revenue was over $500K per month . The owners could have borrowed $300K. The loan was split into $100K for each store using an option of both 24 and 36 month terms. No security over the owner's houses was required.
Owner of a Pizza Store & 2 Liquor Stores
A gym that had been running for more than three years, was planning to expand and needed additional equipment. With a monthly turnover of $37K they borrowed$72K over a 24 month period. No security was needed and the loan was ready within the span of 24 hours.
Gym
With the busy Christmas season approaching, a clothing store required working capital in order to fund extra stock and take advantage of the discount offered by suppliers. They borrowed $20K over 12 months with no asset security required and had the funds in 24 hours.
Clothing Store
A restaurant owner wanted to open a second location and needed funds for the installation. The bank was not interested in helping. Typical monthly revenue for them was $50K, and they borrowed $66K over the course of 24 months. The turnaround time was just 8 hours.
Restaurant Owner
An interior designer had spotted an opportunity to grow their company and required working capital to finance this expansion. With a monthly income of $300K, they borrowed $250K over 24 months. The time to turn around for them was just 2 days and all they needed to provide were 12 months worth of banking statements along with IRD confirmation and trust deed.
Interior Designer

Unsecured Business Loan Maupuia NZ 6022

The lending landscape has changed

With traditional and bank lenders tightening credit conditions, the steady stream of alternative and non-bank loan providers entering the market offers the perfect source to make use of.

Maupuia SME’s are now in a position to obtain finance via alternate lenders servicing Maupuia who are focused on enabling company growth or smoothing problems with cash flow. In the past private credit options (drawing equity from the home loan, or using credit cards in addition to personal loans and loans) was the sole alternative funding services for Maupuia that were available.

There is now not a requirement in the present to depend on real estate to secure business loan. With an unsecured loan, business funding is simple. Instead of a loan for a term with a bank, business finance for an SME with interest rates and loan terms that aid to manage cash flow are around as business loans.

 

 

High level summary

Separate personal and business debt

There are numerous benefits in separating personal from business debt.

  • Your home, or other investments, aren’t tethered for the purpose of accessing funds
  • It is the business is in a better position to build its own, solid credit history
  • It’s much more seamless at tax time
  • Companies can quickly view the situation, track and plan based on being able to clearly determine their cash flow position

Lower your risks, and make tax times easier, get started with an unsecure loan for business. Make an application today.

For those who like the detail

Separate personal and business debt

Risk

One big drawcard for keeping your personal and company assets apart can be that your house isn’t necessarily tied up to the funds. If you’re looking for a small business loan within Maupuia up to $100K the security of assets won’t be needed as long as the borrower meets their loan obligations.

Credit history

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

Tax

Separating personal and business finances makes it much more seamless in the event of tax time - particularly when determining what is the tax deductible allocation. The IRD has laid out guidelines on the proof required to claim deductions on the tax return of a company. This is an area that the IRD has specifically advised on.

Cash flow

Effective cash flow management is essential to the longevity for any business. By keeping personal and business finances distinct, companies can easily view their cash flow, plan and monitor it based on their ability to easily assess their cash flow position.

I'm now able to hire an experienced marketer to help me help me take my company to the next step of business growth.
Growing Business
Business loans, in particular those that are unsecured business loan or line of credit to business funding require have no stressful process. Finance for a business in the shape of small business loans with an interest rate cost, and with a repayment time that is suitable for your company cash flow.
Business Lenders for Business Goals
I'm able to get my tax back to keep me on track.
Small Business Owner
An easy loan application process with a large amount of borrowing capacity, a low requirements for credit and no need to present a business plan. Don't use your personal credit card or company credit cards in order to finance your company.
Unsecured Loans Made Simple
I'm now able to finance the fitout of our new Maupuia resturant without having draw cash from other resturants.
Maupuia Resturant Owner
Business credit rates and repayment terms and flexible repayment options to meet you business requirements.
Business Lending Options
I can now make coffee for my customers with the very best equipment.
Cafe Owner
I can now take a holiday knowing my Maupuia business will run smoothly.
Local Business Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

Details of The Maupuia Small Business Loans

Tell me what you think of the Maupuia Small Business Loans

Maupuia unsecured loans offers amounts between $5,000 and $100,000. The terms range between 3 and 24 months, cash flow friendly repayments that are either daily or weekly.

How is what makes the Unsecured Loan different from a traditional company loan?

It is imaginable to apply for this Small Business Loan in under 10 minutes on the internet or over the phone. You’ll get an instant response and the funds could be on your account within 24 hours. Traditional company loans refer to an annual rate of interest together with additional 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 fees, charges or charges. This is then broken down into either a daily or weekly amount to be paid back.

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

The Small Business Loan can be used for almost every company need, such as managing cash flows, company improvements, advertising to purchase inventory or new equipment, as general working capital and so much more. The loan cannot be used for personal use.

About Larger Maupuia Business Loans

What is the Larger Maupuia Business Loan?

The Larger Business Loan is a larger size of loan that can be used to fund company expansion opportunities. Loans range between $100,000 and $500,000 over a fixed term with a maximum of 36 months. The repayments are made weekly or fortnightly to work with your situation.

How’s the Origination Fee calculated?

The Larger Business Loan has an Origination Fee, calculated at 2.5 percentage 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 be operating for a minimum of 3 years and have an annual turnover of $700,000. You must be a New Zealand Citizen (or Permanent Resident) over 18 years as well as own a New Zealand company (with a valid NZBN/IRD) and be able of proving at minimum 12 months of continuous trading.

How can the funds be used for?

A Larger Business Loan can be used for nearly all business purpose including business renovations, purchase of inventory or new equipment for general working capital and much more. The loan cannot be used for personal reasons.

Is the Larger Business Loan one that is secured?

Asset security is needed for accessing funds over $150,000. This can be done in the form of a charge over assets, and may include the registration of this through the PPSR or registering a caveat.

A personal or director’s guarantee is a guarantee to repay credit that is general in nature rather than stating security over a particular asset. The person signing the ensure is personally accountable if the company creditor is unable to pay back the debt.

The Personal Property Securities Register (PPSR) is an online, central registry run by the New Zealand Government. It records security interests that have been granted to individuals who own personal property (including objects or assets). The PPSR grants preference over private property assigned depending on the date that a security interest that is registered.

A caveat is a legal document that is filed to provide the 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 $250K it is possible to offer an initial pre-approval that will help make the process. It is possible to apply for this without credit checks and within six hours of your initial application. This pre-approval is based on a preliminary assessment which includes the answer to a series of financial health checks. It’s in no way an offer, nor is it a guarantee of funds. A conditional approval is subject an extensive credit evaluation and any offer that you receive could have different terms.

The application process

Can I be eligible for funding?

You may apply for a company loan if you;

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

How do I apply?

The application process is simple and simple. Complete the online form within a couple minutes, and a dedicated company credit specialist will contact you to guide you.

For a loan of up to $100,000 you’ll need the right identification documents (valid Driver’s License) as well as a valid NZBN/IRD as well as at least six months of bank statements.

If you’re looking for loans with larger sizes, you’ll require:

$100K – $250K: Application details including credit consent, 6 – 12 months of IRD statements, bank statements (if loan above $150K).
$250K-$500K: Application details including credit consent twelve month bank accounts, the IRD statements, last 2 years finalised financial statements, as well as interim financial statements for the current year including Aged Payables, Aged Receivables summaries.

How soon will I hear a decision?

For an unsecured loan ($5K up to $100,000) we usually offer an answer within an hour, provided you submit your request at quality business timings and permit us to utilise the advanced bank verification system to instantly verify your bank’s information online. If you decide to send us copies of your bank statements we can provide a decision within just 1 company day.

For the Larger Business Loan ($100K to $500K) we may be likely to offer you with conditional pre-approval within about 6 hours. After you’ve signed the pre-approval, the turnaround time is between 2 and 3 days for the final approval, however it could be faster based on the circumstances of each application. Certain agreements have been approved in the space of 24 hours.

The quickest method is to make sure you apply during standard company hours. Also, permit us to use the advance bank verification to instantly confirm your bank details online. If you decide to send us the copies of bank statements it can take a bit longer.

How soon will I receive the funds?

For the Small Business Loan ($5K to $100K) We can usually provide an answer in just one hour, provided you submit your request in normal business time and you allow us to use the bank verification system to instantly verify your bank information online. If you choose to send us copies of your bank statements, we will be able to provide the decision in as little as one business day.

If you are applying for Larger Business Loans ($100K and up) We may be likely to offer you with pre-approval conditional to your application in around 6 hours. Once you’ve signed your pre-approval, the turnaround time is about 2-3 days for final approval, however it could be faster based on the circumstances of each application. Some agreements have been approved within less than 24 hours.

The fastest way can be ensure you apply during normal business hours. You can also allow us to use the advanced bank verification system link to instantly verify your bank account information online. If you upload duplicates of your banking statements, it may take a bit longer.

What’s the minimum amount I can borrow?

We offer the loan amount between $5,000 and $500,000. If you apply for a specific amount we look at a variety of aspects to determine your health for your company and the amount of payments your business will be able to support. The total amount of your loan will be contingent on the specifics the company.

When you make an application for a specific amount we consider a variety of factors to assess your health for your company and the amount of repayments that your business will be able to support. The amount you receive from your loan will be determined by the specific circumstances for your company.

Fees & repayments

What is the cost for a business loan?

If you decide to apply for the business financing, we will assess the risk assessment for your business and provide you with a customised offer, including loan amount, term and interest rates. This company loan is a loan that is priced upfront which means you be aware of the total amount to be paid, including any costs, fees, or interest rates.

What determines the amount I pay?

Interest rates for company loans rates vary due to factors such as the amount that is that is borrowed, what business assets the money will be used for, the industry the company operates in, the long the company has been in operation as well as in the event that the company has enough cash flow to fund the loan, as well as the general well-being or financial standing of the business.

What are the costs?

There are no hidden costs for our business loans, and you’ll know precisely how much you’ll be required to pay, and when, right from the very first day. There’s not any compounding interest and no additional fees (as as long as you pay your payments punctually).

We do not charge an Application Fee. You are able to make an application for loans with no upfront cost or any obligation to sign up.

The Origination Fee covers the expenses involved with setting up and managing the loan. It is only charged for this cost if you take out the loan. Our Origination Fee is 2.5 percent of the amount of loan.

Can I pay off the loan early?

You may choose to pay back the entire amount of your loan at any point in time.

If you are deciding to take this route, please contact our helpful business loan professionals. They’ll offer you with details on repayment along with an early payout estimate. The figure will be calculated as the total of the principal balance and accrued interest to the date of early payout plus 1.5% of the principal balance and any outstanding fees.

What is the process for repayments?

To make sure you do not miss payments and to work your cash flow cycle we provide payments that are either weekly or daily. They are automatically deducted from your nominated company account.

Security & privacy

Will my data be secure?

Security of your data, and making it clear how we collect, use, exchange and ensure the security of your information is vital and is an essential part of our relationship with you.

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

Yes. We employ industry-recognised encryption standards to secure your personal, sensitive as well as financial data. Our funders are ISO 27001 qualified for our commitment to customer security and security. We utilise a sophisticated bank verification system to instantly verify your bank account details online so we can offer quick responses.

About business loans

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

Asset-based borrowing occurs when an company owner utilises the assets they have to secure the loan. The asset could be a personal asset like the family home or it could be a business asset such as a truck as well as a piece of machine.

The vast majority of banks, even the major banks, prefer to guarantee loans against assets. If you’re struggling to pay back the loan, the asset might be transferred to the lender. In essence, it’s the process of securing new financing using the value of what you already have.

What do I require security to get a company loan?

For loans up to $150K there is no requirement for asset security upfront to access the money but we require a personal guarantee. need an individual guarantee. So long as you comply with the terms of your loan (as specified in your loan contract), asset security will never be required. For loans over $150,000 generally, you are able to get personal guarantee and security in the form of an asset charge.

Industries we currently aren't able to help with

  • Adult related industries
  • Auction houses & auction websites
  • Debt collection agencies & debt purchasers
  • Direct marketers such as telemarketing, fundraising, mail order, direct-mail etc.
  • Financial institutions & lenders
  • {Firearm businesses
  • Foreign currency exchange offerings
  • Customs clearing houses & freight forwarding
  • Business involved with gambling
  • Not-for-profit organisations, charities and churches etc
  • Smash repairers & panel beaters
  • Pawn shops or pawnbrokers
  • Property development
  • Stockbrokers, shares &invesment businesses
  • Tattoo palours
  • Ridesharing & taxi services
  • Ticket resellers & entertainment sales
  • Tow truck services
  • Used automotive companies
  • Vehicle glass tinting
  • Vehicle wrecking yards

Although we can’t help with an unsecure business loan in these industries, we may be able to help 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

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0800 004 520