A Robina unsecured business loan is quick and simple in applying for. Get a quick apporval and begin using the money for your company.
What you can expect:
The conditions for eligibility for an unsecured business loan to be made in Robina are fairly minimal.
Call Now 1300 066 446Applying for a company financing in Robina with us is easy and takes just some minutes, without long lines of paperwork or waiting in line.
Approved and receive cash within 1-2 business days.
Our focus is to assist Robina companies of all kinds, from small to medium-sized solopreneurs to access money quickly, so that they can make use of the loan to expand and develop.
The requirements for getting an unsecured business loan in Robina of between $5K to $100K are quite minimal.
Need more funds? Check out the eligibility requirements for our $100K-$500K company loans.
The requirements for eligibility of larger Robina company loans of between $100K and $500K are:
Looking for a smaller amount of funds? Look over the conditions for eligibility for our $5K to $100K Robina unsecured company loans.
A Robina unsecured loan is great to use for every business need. Talk to us today.
Are you looking to start one of these options as early as tomorrow? Get in touch with us or apply online now to get the fastest and most efficient process.
All that’s required to start is your contact details (the name of your company, your name, email and phone), how much you’d like to borrow and your monthly earnings.
In the course of the process and before settlement we will require confirmation of who you are but not to get started:
Additionally after we get started when it comes to loans of more than $150,000 you will also need basic financial statements.
Let’s get started.
With traditional lenders and banks increasing their credit requirements, the steady stream of non-bank and alternative loan providers that are entering the market offers the perfect source for you to make use of.
Robina SME’s are now able to access finance through alternative lenders who service Robina who are focused on enabling business expansion or smoothing out cash flow challenges. The past was when private credit options (drawing equity from the house loan or credit cards and personal loans as well as loans) were the only alternative financing services within Robina that were available.
There is now an end to the requirement of having to rely on using real estate to secure company lending. With an unsecured loan business financing is easy. Instead of a term loan through a bank, business finance for an SME with interest rates and loan terms that aid in cash flow are around as business loan options.
There are many advantages associated with the separation of personal and company debt.
Limit your exposure, make tax time much easier. Get started with an unsecured busines loan, apply today.
One of the main benefits of keeping your private and business assets apart can be that your house isn’t required to be tied to allow access to the funds. For a modest business loan in Robina up to $100K asset security won’t be required so long as the borrower meets their loan obligations.
Companies will be in a advantageous long-term situation if they can demonstrate good credit/debt capacity to pay.
A separation between personal and company finances makes it significantly more straightforward in the event of tax time - particularly when identifying what is the tax-deductible amount. Particularly when determining what is the tax deductible allocation. IRD has set out the guidelines for the documentation required for claiming deductions on an organisation’s tax return. This is an area where the IRD have specifically advised on.
Effective cash flow management is key for the long-term survival for any business. Through maintaining personal as well as company finances distinct, companies can easily view their cash flow, plan and monitor it based on the ability to clearly evaluate their cash flow situation.
Robina unsecured loans provides amounts 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.
Apply for the Small Business Loan in under 10 minutes via the internet or on the phone. You’ll receive an immediate response, and funds may be in your account in 24 hours. Traditional company loans have an interest rate per annum as well as other fees and charges. Our business loan is an upfront priced loan so you will know in advance the total amount due, which includes the interest, fees and charges. Then, it is broken down into either a daily or weekly repayment figure.
It is a Small Business Loan can be used for nearly every business purpose including control of cash flow business renovations, marketing to purchase inventory or new equipment, or as general working capital, and much more. The loan is not available for personal reasons.
The Larger Business Loan is a larger loan size to support business expansion opportunities. Loans are between $100,000 and $500,000 with a fixed-term with a maximum of 36 months. Repayments are scheduled weekly or fortnightly in order to accommodate your cash flow.
The Larger Business Loan has an Origination Fee that is determined at 2.5 percent of the loan amount.
To qualify for a loan of this size the business needs to be operating for a minimum of 3 years and generate an annual revenue of $700K. It is necessary to 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 to demonstrate at the least 12 months of operating.
A Larger Business Loan can be used for nearly any company purpose including company improvements, purchasing equipment or inventory, as general working capital and so much more. The loan cannot be used for personal purposes.
Asset security is necessary to obtain funding above $150,000. This can be done in the form of a charge against assets, and may include registering this in the PPSR or making as a caveat.
A personal or director’s guarantee is a commitment to pay back a loan that is general in nature, rather than defining security over a particular asset. The person who is signing the ensure is personally liable in the event that the company the borrower fails to re-pay the debt.
The Personal Property Securities Register (PPSR) is an online, central register operated by the New Zealand Government. It records security interests that have been which are registered with respect to personal property (including items or assets). The PPSR grants prioritisation over property that is personal to be assigned depending on the date that a security interest has been registered.
An affidavit is an official document that is filed to provide notice of a legal claim against a property.
If you’re requesting the Larger Business Loan that is greater than $250K we can offer an initial pre-approval to smooth out the process. We could be able to make this decision without a credit check, and within 6 hours of your initial application. The pre-approval is based upon a preliminary assessment which includes you answering some financial health questions. It’s in no way an offer, nor is it a guarantee of credit. Unconditional approval is subject to an assessment of your creditworthiness and any offer you might receive could be on different conditions.
You may be eligible for a business loan if you
The application process is fast and easy. Simply complete the online form in few minutes and a dedicated company expert in lending will call you to help you.
For a loan of up to $100,000, you’ll require identification details (valid Driver’s Licence), a valid NZBN/IRD as well as at least six months worth of bank statements.
In addition, for larger loan sizes, you’ll also require:
$100K to $250K: Details of application, including credit consent, 6-12 months of bank statements, IRD statement (if loan above $150K).
$250K – $500K: Details for application including credit consent twelve month bank accounts, the IRD statements, last 2 years finalised financial statements, and interim financials for the current financial year including Aged Payables, Aged Receivables summaries.
For an unsecured loan ($5K up to $100,000) We can usually provide an answer within one hour if you make your application in standard company times and you allow us to use the advanced bank verification system link to instantly verify your bank details online. If you opt to send us copies of your bank statements we can provide the decision in as little as 1 company day.
For the Larger Business Loan ($100K to $500K) we may be likely to provide you with a conditional pre-approval within about six hours. Once you have signed the pre-approval, the turnaround time is around 2-3 days for final approval. However, this may be quicker depending on the specifics of each application. Certain agreements have been approved within 24 hours.
The quickest way to apply for you to apply is make sure you apply during standard company hours. You can also allow us to use the advance bank verification link to verify your bank account information online. If you decide to send us documents from your account accounts, it may take a bit longer.
For the Small Business Loan ($5K and up) we usually provide an answer within one hour – provided you make your application in standard business hours and allow us to use the bank verification system link to instantly verify your bank details online. If you want to submit copies of your bank statement, we’ll provide a decision in just 1 business day.
For the Larger Business Loans ($100K and up) we may be capable of offer you with conditional pre-approval within 6 hours. Once you have signed the pre-approval form, it will take approximately 2-3 days to receive final approval. However, this may be quicker depending on the circumstances of each application. Some agreements have been approved within the space of 24 hours.
The fastest method is to ensure you apply during normal business hours, and let us use the modern bank verification link to verify your bank account information online. If you decide to upload copies of your bank statements it may take a bit longer.
We provide loans that range from $5,000 and $500,000. When you make an application for a particular amount, we look at a variety of factors in order to assess your health of your company and the extent of repayments that your business is able to afford. The amount you receive from the loan will be determined by the specific circumstances of your business.
When you apply for a certain amount, we will consider a number of variables to assess the well-being of the business as well as the amount of the repayments your business can afford. The total amount of your loan will be determined by the particular circumstances the business.
When you apply for one of our company financing, we will assess the risk assessment that you have for your business and offer you with a customised offer that includes the loan amount, the terms and interest rates. It is a business loan is a loan that is priced upfront therefore you will be aware of the total amount payable including any charges, interest rates or fees.
The interest rates on business loans rates depend on several factors including the amount that is borrowed, what company assets the funds will be used for in addition to the industry that the business is operating in, how long the business has been running, whether the business has enough cash flow to pay for the loan, and overall well-being or financial standing of the business.
There aren’t any hidden charges for our company loans. You’ll know exactly how much you need to pay, and when, from the very first day. There’s no compounding and there are no additional charges (as long as you are able to make your payments in time).
We don’t charge an application fee. You are able to request a credit loan with with no upfront cost or obligation to proceed.
The Origination Fee covers the costs associated with setting up and managing the loan. It is only charged for this fee if you decide to take the loan. Our Origination Fee is 2.5 percentage of the loan amount.
You may choose to pay back the entire amount of your loan at any point in time.
If you are deciding to do this please talk to one of our helpful company credit professionals. We will offer you with the details of your repayment as well as an early payout amount. This is calculated as the total of the principal balance plus any accrued interest as of the time of the early payout in addition to 1.5% of the remaining principal as well as any outstanding fees.
To make sure that you don’t miss payments and to work with your cash flow standard, we offer repayments that are either daily or weekly. These are automatically deducted from your designated company account.
Security of your data, and knowing the ways we gather, use, exchange and safeguard your data, is vital and a vital aspect of our relationship with you.
Yes. We employ industry-recognised encryption standards to protect your sensitive, personal and financial data and our funders are ISO 27001 certified for our commitment to protecting the security of clients and security. We employ an exceptionally sophisticated bank verification system that allows you to immediately verify the bank account details online. This allows us to provide a fast response.
The term "asset-based" refers to borrowing where the business owner borrows from assets they own to get the funds for a loan. The asset may be an asset belonging to the personal, like the family home, or a business asset such as a truck or piece of equipment.
The majority of lenders, including the largest banks, are inclined to secure loans against an asset. If you’re having trouble paying back the loan, then the asset could be transferred to the lender. In essence, it is an opportunity to secure new financing by using the worth of the asset you already own.
For loans up to $150K no asset security is required in advance to gain access to the funds However, we do require an individual guarantee. If you adhere to your loan obligations (as specified in the loan contract) and you are able to meet your obligations, asset security will never be needed. If you take out loans in excess of $150,000 generally, there is the option of a personal guarantee and security is provided in the form of charges on assets.
Although we cannot assist with an unsecure business loan for the above industries, we might be able to assist you with a secured business loan.
