Unsecured Business Loans Guys Hill VIC

If You Do This Today, You'll Have Everything You Need to Be Successful WithThe Help Of a Guys Hill Business Loan

Unsecured Business Loans Guys Hill

A Guys Hill unsecured business loan is easy and quick to apply for. Apply for a loan quickly and begin using the money to grow your business.

  • Would extra funds help your business by allowing you to work capital or to take advantage of a growth opportunity?
  • How are you financing your company needs?

What you can expect:

  • Simple process to apply and receive approval and the funds will be available as early as tomorrow
  • Optionally , no reayments during the first 4 weeks
  • Borrow from $5k to $500K
  • Terms from 3 to 36 months
  • Competitive interest rates
  • Minimal docs

The eligibility requirements for an unsecured business loan for a business loan Guys Hill are fairly minimal.

Call Now 1300 930 634
I can now fund the fitout of our modern Guys Hill resturant without having to take cash from other restaurants.
Guys Hill Resturant Owner
An easy loan application process with a generous borrowing limit, minimal credit criteria and there is no need to submit a business plan. Don't use your personal credit card and business credit cards to finance your company.
Unsecured Loans Made Simple
I'm now able take time off knowing that the Guys Hill company will run without a hitch.
Local Business Owner
I can get my tax back to keep me on track.
Small Business Owner
Business loan interest rates and repayment terms, as well as flexible repayment options that can be tailored to your business needs.
Business Lending Options
Business loans, particularly an unsecured unsecured business loan or line of credit to business funding need never be an stressfull process. Business finance in the form in the form of small business loans that have an interest rate and repayment period that will suit the requirements of your company budget.
Business Lenders for Business Goals
I am now able to make coffee for my clients using the best equipment.
Cafe Owner
I'm now able employ a marketer to take my company to the next stage.
Growing Guys Hill Business
Unsecured Business Loan Service Provider

Fast Approval Process

The process of applying for the company loan in Guys Hill with us is simple and only takes about a couple of minutes, there are no mountains of paperwork or queues.

Get approved and receive your cash within 1-2 company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We are aiming to assist Guys Hill businesses of all kinds, from small to medium-sized soloprenuers to get access to money quickly, so that they can utilise the loan to expand and develop.

  • It begins with an easy online application, or phone call
  • Flexible terms for repayment to fit your business
  • Fast cash in just a day or two days
  • A team that wants you and your business to be successful
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The eligibility requirements for an unsecured business loan in Guys Hill of between $5K and $100K are pretty 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 License for evidence of identity
  • Make sure you have a New Zealand bank as your primary account for trading
  • Bank statements from the past 6 months

Do you require more money? Review the conditions of eligibility for our $100K to $500K business loans.

Here's How Other People Have Benefited

Examples of Business Loans

A business coach wanted to invest in the health as well as beauty business. With just over 12K in revenue per month they borrowed $24K in 24 months. The loan required 12 months of bank statement and was completed in less than 8 hours.
Business Coach
A plumber who has had business for 3 years with $80K in monthly sales was in search of additional funds. They took out $153K on a 36 month term. All they needed to be provided was 12 month bank statements as well as confirmation from the IRD. The process was complete within just a few hours and the plumber received their additional working capital in their account within a short time.
Plumber
A gym that had been going for nearly 3 years was looking to expand and required additional equipment. With a monthly income of $37K, they borrowed $72K over a 24- month period. No security was required and the loan was compelted within just 24 hours.
Gym
With the busy Christmas time approaching, a clothing store required working capital in order to buy more stock and take advantage of discounts offered by suppliers. They secured $20K over the course of 12 months with no security for assets and received the funds in 24 hours.
Clothing Store
An interior designer had spotted an opportunity to grow their company and needed working capital to finance this expansion. With a monthly revenue of $300K they borrowed $250K over 24 months. Their turnaround time was only 2 days, and all they needed to present is 12 months' worth of Bank statements along with IRD confirmation and trust deed.
Interior Designer
Simple eligibility checklist

Larger Guys Hill Business Loan Eligibility Criteria

The eligibility requirements in loans from larger Guys Hill business loans of between $100K to $500K comprise:

  • Minimum of 3 year’s experience in business
  • At least $700K in annual revenue
  • You must be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Passport or
  • Driver’s License to serve as proof of identity
  • Have an account with a New Zealand bank as your main trading account
  • Bank statements from the past six months
  • Some financial statements such and Profit & Loss and the Aged Accounts Payable and Receivable

Do you require a smaller amount of money? Look over the conditions for eligibility for our $5K to $100K Guys Hill unsecured company loans.

Business Lending for a Cash Injection

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

A Guys Hill unsecured loan is great for almost every business use. Talk to us today.

  • Renovate or expand the commercial space
  • Grow the team for busy times
  • Boost stock quantities to meet the demand
  • Develop a new website, or boost your marketing
  • Invest in new tools, equipment or the latest technology
  • Purchase additional stock to meet the seasonal demand
  • Control cash flow fluctuations
  • Plus many more …

Do you want to begin one of these 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 begin is your contact details (company name, your name, email address and phone), how much you’d like to lend, and your monthly income.

While in the process and before settlement we will require confirmation of your identity but not to get started:

  • Information on Idenfication (valid Driver’s Licence)
  • Details of the company including time of trading owner details, trading time, as well as the NZBN (New Zealand Business Number)

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

  • Profit & Loss 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 store and two liquor stores 6-12 months prior, the new owners were seeking more funds. The combined revenue was over $500k per month. They were able to borrow $300K. This was then split as $100K per store on two different 24 and 36 month terms. No security over the owners homes was needed.
Owner of a Pizza Store & 2 Liquor Stores
A plumber who's had business for three years and has monthly sales of $80K was looking for more funding. They took out a loan of $153K for a 36 month term. All that was required is 12 months worth of banking statements as well as confirmation of the status with IRD. The process was completed in less than an hour and the plumber received their additional working capital in their account soon afterward.
Plumber
With the busy Christmas time nearing, a clothing store needed additional working capital to fund extra stock and also benefit from a supplier discount. They were able to borrow $20K for 12 months, with no security of assets required. They received the funds in less than 24 hours.
Clothing Store
A business coach was looking to invest in an well-being and cosmetics company. With just over $12K in monthly revenue, they borrowed $24K over 24 months. The loan was based on the submission of 12 months' bank statements and was completed in less than 8 hours.
Business Coach
A restaurant owner wanted to open a second location and needed money to fund the renovation. Their bank wasn't interested in helping. Their typical monthly earnings was $50K. They were able to borrow $66K over the course of 24 months. The turnaround time was just 8 hours.
Restaurant Owner

Unsecured Business Loan Guys Hill VIC 3807

The lending landscape has changed

With traditional and bank lenders increasing their credit requirements as well as the continuous stream of non-bank and alternative loan providers that are entering the market offers an excellent source to access.

Guys Hill SME’s are now able to access finance through alternate lenders servicing Guys Hill who are focused on facilitating business expansion or smoothing out problems with cash flow. In the past private credit options (drawing equity from the home loan, or by using credit cards and personal loans as well as credit cards) could be the best alternative funding services in Guys Hill that were available.

There is now not a requirement for you to depend on using real estate to secure business loans. 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 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 investments, aren’t tethered for access to funds
  • It is the business is in a better position to establish its own, solid credit history
  • It is much more seamless during tax time
  • Businesses can easily view how they are performing, monitor and plan on being able to clearly assess their cash flow position

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

For those who like the detail

Separate personal and business debt

Risk

The main benefit of keeping your private and company assets separate is that your home does not have to be tied to access the funds. If you’re looking for a small business loan within Guys Hill up to $100K asset security won’t be required as long as the borrower fulfills the loan requirements.

Credit history

Companies are in a stable long-term position when they can show good credit and debt capacity to pay.

Tax

It is important to separate personal from business financial accounts makes it more straightforward in the event of tax time, particularly when identifying what is the tax deductible allocation. The IRD has set out the guidelines for the documentation required to be able to claim deductions on an organisation’s tax return. This is a subject that the IRD has specifically advised on.

Cash flow

Effective cash flow management is crucial to the long-term viability for any business. Through keeping personal and business finances distinct, companies can easily view, monitor and plan based on their ability to easily determine their cash flow status.

I am now able to make beverages for customers using the very best equipment.
Cafe Owner
Business loans, in particular those that are unsecured business loan or line of credit for business funding need to not become a difficult process. Business finance is in the form in the form of small business loans at an interest rate cost, and with a repayment term that fits your company liquidity.
Business Lenders for Business Goals
Business credit rates and repayment terms, as well as flexible repayment options to suit your business needs.
Business Lending Options
I can get my tax back in order.
Small Business Owner
I'm now able to finance the fitout of our fresh Guys Hill resturant without having to borrow cash from other resturants.
Guys Hill Resturant Owner
I'm now able take an extended vacation knowing that my Guys Hill business will run well.
Local Business Owner
I'm now able employ a marketing professional to increase the success of my business to the next step of business growth.
Growing Business
A simple loan application process that comes with a high loan limit, with minimal requirements for credit, and there is no need to submit a business plan. Don't use your personal credit card or business credit cards in order to finance your company.
Unsecured Loans Made Simple
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

Information About The Guys Hill Small Business Loans

Tell me what you think of the Guys Hill Small Business Loans

Guys Hill unsecured loans offers the range of $5,000 to $100,000 with terms between 3 and 24 months. They also offer cash flow friendly repayments that are either per day or weekly.

What makes this Unsecured Loan different from the traditional business loan?

It is possible to apply for your Small Business Loan in under 10 minutes over the phone. You’ll get a same day response and funds may be in your account within 24 hours. Traditional company loans are based on an interest rate per annum along with other charges and fees. Our business loan is a pre-paid loan and you’ll know ahead of time the total amount payable including any fees, interest or charges. This is then broken down into either weekly or daily repayment figure.

What could the Small Business Loan be used for?

The Small Business Loan can be used for almost any business use, including cash flow management, business renovations, marketing for purchasing inventory or new equipment, to fund general working capital, and much more. The loan is not available for personal purposes.

About the Larger Guys Hill Business Loans

What is the Larger Guys Hill Business Loan?

The Larger Business Loan is a larger amount of loan to help company growth opportunities. Loans range from $100,000 to $500,000 for a fixed period of up to 36 months. The repayments are made weekly or fortnightly depending on your situation.

How is the Origination Fee determined?

This Larger Business Loan has an Origination Fee, which is determined at 2.5% of the amount of the loan.

Am I eligible for the Larger Business Loan?

To be eligible for a loan of this size, your company needs to be in operation for at least 3 years, and have an annual income of at least $700K. You must be a New Zealand Citizen (or Permanent Resident) with a minimum age of 18 years old and 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 larger company loan can be used for nearly every company purpose including business improvements, purchasing equipment or inventory or as general working capital and so much more. The loan is not available for personal use.

Is the Larger Business Loan one that is secured?

Asset security is necessary to access funding over $150,000. It is usually in the form of a charge against assets, and could include registering this in the PPSR or filing as a caveat.

A director’s or personal ensure is a commitment to repay a loan which is general in nature, rather than specifying security over a particular asset. The person who is signing the ensure is personally liable in the event that the business creditor is unable to make the repayment.

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

The caveat can be described as a formal document filed to offer the public notice of a legal claim to property.

What is a pre-approval that does not require Credit Check?

If you’re requesting an enterprise loan that exceeds $250,000 we may be able to provide a preliminary pre-approval to help ease the process. We may be able to apply for this without a credit verification and within 6 hours of the initial application. The pre-approval process is based on an initial assessment, which involves answering a couple of financial well-being questions. This is in no way an offer, nor is it a guarantee of credit. Acceptance without condition is subject to a full credit assessment and any offer you might receive could be subject to different conditions.

Application process

Do I have the right to receive funds?

You are eligible to apply for an business loan if you:

  • are a New Zealand Citizen (or Permanent Resident)
  • are 18 years or older, have a New Zealand business (with a valid NZBN/IRD)
  • can demonstrate at least 6 months’ worth of transactions (for 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 simple and easy. Just complete the online application within a few minutes and an experienced company expert in lending will contact you to help you.

To apply for up to $100,000, you’ll require the right identification documents (valid Driver’s License) as well as an NZBN/IRD that is valid and at least 6 months of bank statements.

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

$100K – $250K: Application requirements, including credit approval, 6-12 months of IRD statements, bank statements (if the loan is greater than $150K).
$250K-$500K: Application details including credit consent, 12 month bank accounts, the IRD statements as well as the two most recent years’ financial statements, as well as interim financials from the current financial year such as age-related payables and aged Receivables summary.

How quickly will I receive an answer?

For an unsecured loan ($5K to $100K) we can often offer an answer in just one hour – as long as you apply in standard company hours and you allow us to utilise the bank verification system to instantly verify your bank’s information online. If you decide to upload copies of your banking statements , we will be able to provide the decision within one company day.

For Larger Business Loans ($100K or more) we could be in a position to provide the conditional pre-approval in around 6 hours. Once you’ve signed the pre-approval, the turnaround time is about 2-3 days for final approval. However, this could be shorter based on the particular circumstances of each application. Some agreements have been approved within just 24 hours.

The most efficient method can be make sure you apply during normal business hours. Also, permit us to use the advanced bank verification system to instantly verify your bank account information online. If you decide to upload duplicates of your banking accounts, it may take a bit longer.

How soon will I receive the cash?

For the Small Business Loan ($5K or more) We can usually provide an answer within an hour, provided you make your application at standard business time and allow us to use the bank verification system to instantly verify your bank details online. If you choose to send us copies of your bank statements, we are able to offer a decision within one business day.

For the Larger Business Loans ($100K or more) we might be in a position to provide you with conditional pre-approval in around six hours. Once you’ve signed the pre-approval, the turnaround time is approximately 2-3 days to receive final approval. However, this may be quicker depending on the circumstances of each application. Some deals have been approved in just 24 hours.

The fastest way for you to apply is make sure you apply during normal business hours, and allow us to use our advance bank verification link to instantly confirm your bank details online. If you choose to upload documents from your account statement, it can take a bit longer.

What’s the minimum amount I can borrow?

We offer the loan amount between $5,000 and $500,000. When you make an application for a specific amount we will consider a number of variables to determine how much we can lend you health that is your company as well as the amount of repayments that your business will be able to support. The total amount of your loan will depend on the specific circumstances of your business.

When you apply for a certain amount, we consider a variety of factors to assess your well-being that is your business and the amount of the repayments your company is able to afford. The total amount of the loan will be determined by the specifics the business.

Fees & repayments

How much should you charge for a business loan?

When you apply for our business loan, we’ll assess the risk assessment of your company and offer an individualised offer that includes the amount of the loan, the duration and interest rates. The company loan is an upfront cost loan so you will be aware of the total amount to be paid, including any costs, fees, or interest rates.

What determines the rate that I’m charged?

The interest rates on company loans rates depend on several factors like the amount of money borrowed, what business assets the funds will be used for in addition to the industry that the business operates in, how long the company is in operation as well as in the event that the business has sufficient cash flow to fund the loan, and also the overall health or creditworthiness of the company.

What are the charges?

There are no hidden fees for our company loans. You’ll know exactly how much you be required to pay and when, right from day one. There’s no compounding and no extra fees (as long as you make your payments punctually).

We do not charge an Application Fee. You can request a credit loan with no upfront cost or obligation to proceed.

The Origination Fee covers the expenses involved with the setting up and management of the loan. You are only charged this cost if you take out the loan. The Origination Fee for us is 2.5 percent of the amount of loan.

Can I repay the loan in advance?

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

If you choose to do this please contact our helpful business credit experts. They’ll offer you with the details of your repayment and an early payment figure. The figure will be calculated as the total of the remaining principal amount and accrued interest to the date of early payout in addition to 1.5 percent of the principal amount remaining as well as any outstanding fees.

What is the process for repayments?

To make sure that you don’t miss due dates and also to be in line with your cash flow routine, we provide repayments either daily or weekly. They are automatically deducted from the nominated business account.

Security & privacy

Will my information be secure?

Protecting your information, and being clear about the ways we gather data, process, exchange and ensure the security of your information is vital and an integral 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 protect your sensitive, personal financial information and our funders are ISO 27001 certified for our commitment to security for our clients and security. We employ a highly sophisticated bank verification system to instantly confirm your bank account information online so we can offer quick responses.

About business loans

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

Asset-based borrowing is when the business owner borrows from an asset they own to obtain a loan. The asset can be an asset belonging to the personal, like the family home or it could be a company property like a truck or other piece of machinery.

The majority of lenders, even the big banks, tend to secure loans against assets. If you’re having trouble paying back the loan, then your assets could be transferred to the lender. In essence it’s the process of securing additional financing making use of the value of what you already own.

Are I need security for a company loan?

For loans that exceed $150,000, no asset security is required prior to the loan’s access However, we do require the personal guarantee. As long as you follow your loan commitments (as stipulated in the loan contract) and you are able to meet your obligations, asset security will never be needed. For loans that exceed $150,000, typically, you will need personal ensure 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 & auction websites
  • Debt purchasers or debt collection companies
  • Direct marketing including fundraising, telemarketing, mail order, direct-mail etc
  • Financial institutions & lenders
  • {Firearm related businesses
  • Foreign currency exchange offerings
  • Freight forwarding and customs clearing houses
  • Anything gambling related
  • Not-for-profit organisations, charities, churches etc
  • Smash repairers and panel beaters
  • Pawn shops & pawnbrokers
  • Property development
  • Investment business, shares or stockbrokers
  • Tattoo studios
  • Taxi & ride-sharing services
  • Ticket resellers & entertainment sales
  • Tow truck services
  • Secondhand car dealers
  • Car glass tintingfirms
  • Automotive wrecking yards

While we aren’t able to help with an unsecure business loan for those industries, we might be able to assist by providing a secured business loan.

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Unsecured Business Loans

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1300 930 634