Understanding the exact cost of a personal loan is crucial. Use our easy-to-use calculator that provides you with an accurate estimate, taking into account all fees typically involved. We believe in transparency, so you can make informed decisions about your finances.
Rather than having set fees & interest rates we prefer to work with ranges as not every application is the same. So if it is a short term Bridging loan, Debt consolidation, Personal Loan, Home renovations, Car Loan, Holiday, Funeral or Business loan we have the loan for you.
For further information please, see our rates and fees.
One of the main risks for businesses these days is getting the wrong type of loan for the business. It is important to ensure the loan you take does not put your business under any undue financial strain.
For more information on things, you need to consider have a look at this website by the Ministry of Business, Innovation and employment www.business.govt.nz/getting-started/funding-your-business/borrowing-money/.
For further information about businesses, you can go directly to their website here.
|Short Term loan||Long term Loan|
|Purchase stock and materials||Vehicle or Machinery purchase|
|Cover Wages or contractor expenses||Upgrade IT or Phone System|
|Invoice financing||Fund an advertising campaign or promotion|
Depending on the finance company and the conditions of the loan it may be ok for you to take a loan over a long term for a short-term reason but you should settle the loan early when the funds become available.
Short-term loans are usually taken as you need funds until a large sale is finalised or a job you have been working on is completed.
If you are over the age of 18 (up to the age of 21 you may require a guarantor), a permanent resident of New Zealand, earn a regular income, and can demonstrate the ability to repay the loan, you may qualify for a personal loan.
We offer loans from $5,000 to $100,000 on a business loan in New Zealand. The amount we lend does depend on the security offered for the loan. The more security offered the better chance we will be able to lend the amount you require. We will also need to check your affordability and credit profile.
Approval time depends on some variables:
In saying that we do endeavour to give a same day answer on all applications received.
Yes, you can make extra repayments; or you can increase your minimum repayment to help pay your loan off earlier. We do charge a small early settlement fee of $75.