A Robina unsecured business loan is simple and quick to apply for. Request a quick approval and start using the funds to grow your company.
What to expect:
The eligibility requirements for an unsecured business loan in Robina are fairly minimal.
Call Now 1300 059 695Requesting an business loan within Robina with us is simple and only takes some minutes, without piles of paperwork or long waits.
Receive approval and cash within 1 to 2 business days.
We are aiming to assist Robina businesses of all kinds, including medium, small and even solopreneurs access money quickly, so that they can make use of the loan to build and expand their business.
The eligibility requirements for an unsecured business loan in Robina of between $5K and $100K are fairly minimal.
Need more funds? Review the conditions of eligibility for our $100K to $500K company loans.
The eligibility requirements to be eligible for loans from larger Robina business loans of between $100K and $500K consist of:
Do you require a smaller amount of funding? Take a look at the eligibility requirements for our $5K-$100K Robina unsecured company loans.
A Robina unsecured loan is great to use for every company need. Call us now.
Do you want to start working on one of these idea as quickly as tomorrow? Then get in touch with us or apply online now for the quickjest fasted way.
All you need to start is your contact information (the name of your company, your name, email address and phone) and the amount you’d like to borrow, and your monthly income.
In the course of the process and before settlement we will need confirmation of your identity however, not in order to begin:
After we start in the process, for loans of more than $150,000 you’ll need basic financial statements:
Let’s get started.
In the wake of traditional lenders and banks tightening their credit terms as well as the continuous stream of alternative and non-bank loan providers entering the market offers a great resource for you to take advantage of.
Robina SME’s are now capable of accessing finance through alternative lenders that service Robina who are focused on facilitating business growth or smoothing cash flow challenges. In the past, when private credit options (drawing equity from a home loan, or using credit cards in addition to personal loans and the overdraft) was the sole alternative funding services within Robina that were available.
There is now an end to the need in the present to rely on the real estate market to secure business loans. With an unsecured loan, business financing is easy. Instead of a traditional term loan from banks, business finance for a small company with interest rates and loan terms that can help with cash flow are around as business loan options.
There are substantial benefits associated with the separation of personal and business debt.
Reduce your risk, make the tax process more simple, apply for an unsecured busines loan. Make an application today.
One major benefit of keeping your personal and company assets separate can be that your house isn’t tied to access the funds. If you’re looking for a small business loan in Robina up to $100K the security of assets won’t be required as in the event that the borrower has met their loan obligations.
Businesses are in a more advantageous long-term situation if they are able to demonstrate credit/debt capacity to pay.
The separation of personal as well as company financial accounts makes it more straightforward when it comes to tax time - particularly when determining what is the tax-deductible amount. The IRD has set out guidelines for the documentation required in order to deduct deductions from the tax return of a company. This is a subject that the IRD has advised specifically on.
Effective cash flow management is crucial to the long-term viability that of any company. Through keeping personal and company finances separate, companies can easily view the situation, track and plan based on the ability to effectively evaluate their cash flow situation.
Robina unsecured loans offers amounts of between $5,000 and $100,000, with terms ranging from 3 and 24 months and cash flow friendly repayments which can be made daily or weekly.
Apply to the Small Business Loan in under 10 minutes on the internet or on the phone. You’ll receive an instant response and have the funds on your account within 24 hours. Traditional company loans are based on an annual interest rate plus other fees and charges. This company loan is an upfront priced loan therefore you’ll be aware of the total amount due, which includes any fees, charges or charges. This is then divided into a daily or weekly amount to be paid back.
It is a Small Business Loan can be used for nearly any business use, including cash flow management, business remodels and marketing to purchase inventory or new equipment, or as general working capital, and much more. The loan cannot be used for personal purposes.
The Larger Business Loan is a larger amount of loan to help business growth opportunities. The loan ranges from $100,000 to $500,000 with a fixed-term up to 36 months. Repayments are scheduled weekly or fortnightly, depending on the flow of cash.
This Larger Business Loan has an Origination Fee, calculated at 2.5 percentage of the loan amount.
To qualify for a loan that is this large, your business needs to have been operating for at least three years with an annual turnover of $700K. The applicant must also be a New Zealand Citizen (or Permanent Resident) at least 18 years old as well as own a New Zealand company (with a valid NZBN/IRD) and be able demonstrate at minimum 12 months of continuous trading.
A large company loan can be used to fund almost all company need, including business improvements, purchasing new equipment or inventory or as general working capital and much more. The loan is not available for personal reasons.
Asset security is needed to access funding over $150,000. It’s by way of charge over assets, which could also include registration on the PPSR or registering a caveat.
A director’s or personal ensure is a guarantee to pay off a credit line that is generally based rather than stating the security for a particular asset. The person signing the guarantee is personally liable if the company creditor is unable to pay back the debt.
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 granted to individuals who own personal property (including items or assets). The PPSR permits preference over private property assigned according to the date a security interest was registered.
An affidavit is an official document filed to offer the legal claim to a property.
If you’re requesting a Larger Business Loan that is greater than $250K, we may offer a preliminary pre-approval to help ease the process. We may be able to get this done without a credit check, and within 6 hours of your initial application. This pre-approval is made based on an initial evaluation that involves answering a couple of financial well-being checks. It is not an offer of credit or guarantee of financing. A conditional approval is subject an exhaustive credit evaluation, and any offer that you receive could be on different conditions.
You are eligible to apply for a company loan if you
The application process is simple and easy. Just fill out the online application in few minutes and an experienced company loan specialist will be in touch to assist you.
To be eligible for up to $100,000 you’ll need proof of identity (valid Driver’s Licence), a valid NZBN/IRD as well as at least 6 months of bank statements.
If you’re looking for loans with larger sizes, you’ll require:
$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 – $500K: Details of the application, including credit consent, 12 months bank statement, an IRD statements and the last two years’ finalised financial statements, in addition to interim financials for the current financial year such as age-related payables and aged Receivables reports.
For an unsecured loan ($5K and up) we typically provide an answer within an hour, provided you submit your request within standard company time and allow us to utilise the advanced bank verification system to immediately verify your bank account information online. If you opt to send us copies of your bank statements , we are able to offer a decision in as little as one business day.
For Larger Business Loans ($100K or more) we may be likely to offer you with pre-approval conditional to your application in around six hours. Once you have signed the pre-approval, the turnaround time is approximately 2-3 days to receive final approval. However, this can be quicker based on the particular circumstances of each application. Some transactions have received approval within the space of 24 hours.
The quickest method would be to ensure you apply during standard company hours and permit us to use the advanced bank verification system to instantly confirm your bank details online. If you decide to send us documents from your account accounts, it can take a bit longer.
For the Small Business Loan ($5K and up) we can often offer an answer within an hour if you submit your request in normal business timings and let us make use of the advanced bank verification system link to instantly verify your bank information online. If you choose to upload copies of your bank statements, we are able to offer the decision within 1 business day.
If you are applying for Larger Business Loans ($100K to $500K) We may be likely to provide you with pre-approval conditional to your application in around 6 hours. Once you’ve signed the pre-approval document, you will need to wait about 2-3 days for final approval. However, it could be faster based upon the circumstances for each application. Some deals have been approved in 24 hours.
The most effective method is to ensure you apply during normal business hours, and let us use the modern bank verification to instantly confirm your bank details online. If you opt to send us copies of your bank accounts, it takes a bit longer.
We provide loans that range from $5,000 to $500,000. When you make an application for a certain amount we look at a variety of elements to determine what is the well-being of your company and the level of payments your business is able to afford. The total amount of the loan will be determined by the specific circumstances the business.
When you make an application for a certain amount, we will consider a number of aspects to determine the well-being that is your company and the extent of payments your business can afford. The amount you receive from the loan will be determined by the specifics for your business.
If you decide to request one of our business loan, we will assess the risk profile that you have for your company and offer you with a customised offer that includes the loan amount, the terms and the interest rates. The company loan is an upfront cost loan therefore you will be aware in advance of the total amount you will have to pay, including interest rates, fees or charges.
The interest rates on company loans rates vary due to factors such as the amount that is that is borrowed, what company assets the funds will be used for as well as the field the business operates in, the long the company has been in operation for, in the event that the company has sufficient cash flow to pay for the loan, and overall well-being and creditworthiness of the business.
There are no hidden fees with our business loans. You’ll know exactly how much you be required to pay, and when, right from day one. There’s no compounding and there are no additional charges (as long as you make your payments in time).
We don’t charge an Application Fee. You can make an application for loans with absolutely no upfront cost and no the obligation to take action.
The Origination Fee includes the expenses associated with the setting up and management of the loan. You are only charged this fee if you proceed with the loan. The Origination Fee for us is 2.5 percentage of the amount of the loan.
You can repay the entire amount of the loan early at any time.
If you decide to pursue this option, please call our helpful company credit specialists. We will offer you with details on repayment along with an early payout estimate. This is calculated as the total of the remaining principal amount plus any accrued interest as of the time of the early payout in addition to 1.5% of the principal balance and any fees that remain unpaid.
To ensure you do not miss payment dates and to align with your cash flow cycle we offer repayments that are either daily or weekly. They are automatically deducted from the nominated business account.
The security of your personal information, as well as being clear about how we collect information, use it, and exchange it, as well as secure your information, is vital and is an essential aspect of our relationship with you.
Yes. We utilise industry-recognised encryption standards to secure your personal, sensitive financial information and our funders are ISO 27001 certified for our commitment to protecting the security of customers and privacy. We make use of an advanced bank verification system that allows you to instantly verify your bank account details online, allowing us to offer rapid response.
The term "asset-based" refers to borrowing where the business owner uses the assets they have to secure the funds for a loan. The asset could be an individual property, such as the family home or it could be a company asset like a truck or piece of equipment.
The majority of banks, including the largest banks, are inclined to make loans secured by an asset. If you’re struggling to pay back the loan, then the asset might be transferred to the lender. In essence, it is means of securing new funding taking advantage of the value of what you already have.
Up to $150,000 in loans no asset security is required in advance to gain access to the funds but we require a personal guarantee. require the personal guarantee. As long as you follow your loan obligations (as stated in your loan contract), asset security will never be required. For loans of over $150K generally, you can get personal ensure and security in the form a charge over assets.
Although we cannot assist with an unsecure business loan for those industries, we might be able assist with secured business loan.
