Unsecured Business Loans Main Beach QLD

By This Tomorrow You Could Be On The Right Track To Success WithThe Help Of a Main Beach Business Loan

Unsecured Business Loans Main Beach

A Main Beach unsecured business loan is easy and quick in applying for. Get a quick apporval and use the money to grow your business.

  • Could additional funds assist your business by allowing you to work capital or for the potential for growth?
  • What are the very best ways to finance your company requirements?

What to expect:

  • Simple process to apply to be approved and receive cash as quickly as tomorrow
  • Optionally no reayments in the initial four weeks
  • From $5k to $500K in loans
  • Terms ranging from 3-36 months
  • Competitive interest rates
  • Minimal documentation needed

The conditions for eligibility for an unsecured business loan for a company loan Main Beach are fairly minimal.

Call Now 1300 059 672
I'm now able make beverages for clients using the best equipment.
Cafe Owner
Business credit rates and repayment terms and flexible repayment options that can be tailored to the needs of your business needs.
Business Lending Options
I am now able to fund the construction of our modern Main Beach resturant without having to take cash from other locations.
Main Beach Resturant Owner
I'm now able hire a marketing specialist to help me take my company to the next level.
Growing Main Beach Business
I can get my tax back in order.
Small Business Owner
A straightforward loan application process with a large borrowing limit, minimal credit criteria and no requirement to present a business plan. Stop using your personal credit card and business credit cards in order to fund your company.
Unsecured Loans Made Simple
Business loans, specifically one that is an unsecured business loan or line of credit to business funding need never be an tense process. Business finance in the form in the form of small business loans that have an interest rate cost, and with a repayment schedule that is suitable for your business financial needs.
Business Lenders for Business Goals
I'm now able to go on a holiday knowing my Main Beach company will run well.
Local Business Owner
Unsecured Business Loan Service Provider

Fast Approval Process

Requesting a company loan for company in Main Beach with us is easy and takes only about a couple of minutes, there are no lengthy forms or lines.

Approved and receive money within 1 – 2 company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

Our purpose is to assist Main Beach businesses 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 a phone call
  • Flexible terms for repayment to fit your company
  • Fast and prompt funding within a single day or two days
  • A team of people who want both you and your business to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The requirements for getting an unsecured business loan in Main Beach of between $5K and $100K is fairly low.

  • Minimum of 6 months in business
  • At least $6,000 of revenue per month
  • You must be a New Zealand based business with a New Zealand Business Number (NZBN)
  • Passport or Driver’s License for identification proof
  • Make sure you have a New Zealand bank as your principal account for trading
  • Bank statements from the last 6 months

Need more funds? Check out the guidelines for eligibility for our $100K to $500K company loan.

Here's How Other People Have Benefited

Examples of Business Loans

A gym that had been running for more than three years decided to increase its size and needed additional equipment. With a monthly turnover of $37K they borrowed $72K over a 24 month period. There was no security requirement to secure the loan. It was compelted in 24 hours.
Gym
A designer for interiors had seen an opportunity to grow their company and required working capital to finance the growth. With an annual revenue of $300K they took out a loan of $250K for 24 months. Turnaround time for them was just two days, and all they had to provide were 12 months worth of banking statement along with IRD confirmation and their trust deed.
Interior Designer
The busy Christmas season was nearing, a clothing store required working capital in order to purchase more inventory and benefit from discounts offered by suppliers. They took out a loan of $20K over a period of 12 months, with no security of assets required. They received the money in just 24 hours.
Clothing Store
A plumber who's operated their business for three years and has 80K in monthly sales was in require of more funds. They took out $153K on 36 months. The only thing needed to be provided was 12 month bank statements and confirmation of the status with IRD. The process was completed within one day, and the plumber got their extra working capital in their account in a matter of hours.
Plumber
The owner of a modest grocery store making $70K a month borrowed $76K over a 24-month term , without making any repayments during the initial 4 weeks. This had a requirement of 12 months' bank statements. Turnaround time was just 6 hours from submitting the application to receiving the funds.
Grocery Store Small Business Loan
Simple eligibility checklist

Larger Main Beach Business Loan Eligibility Criteria

The criteria to be eligible of loans from larger Main Beach business loans of between $100K to $500K comprise:

  • Minimum of 3 years trading in business
  • At least $700K of annual revenue
  • Be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Passport or
  • Driver’s License to serve as identification proof
  • Use a New Zealand bank as your principal account for trading
  • Bank statements for the last 6 months
  • Certain financial statements, such as Profit & Loss, and aged accounts Payable and Receivable

Are you looking for a lower amount of funding? Find out the guidelines for eligibility for our $5K to $100K Main Beach unsecured company loans.

Business Lending for a Cash Injection

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

A Main Beach unsecured loan is ideal for nearly any company reason. Call us now.

  • Renovate or expand commercial properties
  • Hire more staff during busy times
  • Increase stock quantities to meet demand
  • Make a brand new website or increase your marketing
  • Put money into new equipment, tools or new technologies
  • Purchase additional stock to meet the seasonal demand
  • Control cash flow fluctuations
  • Plus many more …

Do you want to start working on one of these options as early as tomorrow? So, contact us or send your application online to apply the fastest, most convenient way.

Quick application checklist

What do you need to apply

All you need to start is your contact details (the name of your company and your name, as well as email and phone), how much you want to borrow, and your monthly earnings.

While in the process and before settlement we will require confirmation of who you are, but not for starting:

  • Idenfication information (valid Driver’s Licence)
  • Information about the business, including details on trading hours, ownership details and the NZBN (New Zealand Business Number)

After we start, for loans over $150,000 you’ll also need fundamental financial statements:

  • P&L statement
  • Aged payables
  • Aged receivables

Let’s get started.

 

Here's How Others Have Benefited

Examples of Business Loans

A plumber who has operated their business for three years with monthly sales of $80K was looking for additional funding. They took out a loan of $153K for a 36 month term. All that was required is 12 months worth of banking statements and confirmation of the loan's status with IRD. The process was completed in less than just a few hours and the plumber got their extra working capital in ther account soon afterward.
Plumber
Acquiring 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. They were able to borrow $300K. The loan was split into $100K for each store, with an option of both 24 and 36 month terms. No security over the owner's homes was required.
Owner of a Pizza Store & 2 Liquor Stores
A restaurant owner wanted to open a second restaurant and needed funds for the fit out. Their bank was not interested in helping. The average monthly income for them was $50K. They were able borrow $66K over the course of 24 months. Turnaround was only 8 hours.
Restaurant Owner
With the busy Christmas time nearing, a clothing store required working capital in order to fund extra inventory and benefit from discounts offered by suppliers. They secured $20K over the course of 12 months, with no security for assets and received the funds in less than 24 hours.
Clothing Store
A designer for interiors had seen an opportunity to grow their company and required working capital to finance the expansion. With monthly revenue of $300K they took out a loan of $250K for 24 months. Their turnaround time was only 2 days, and all they needed to provide were 12 months worth of banking statements IRD confirmation, as well as trust deed.
Interior Designer

Unsecured Business Loan Main Beach QLD 4217

The lending landscape has changed

With banks and traditional lenders tightening their credit terms as well as the continuous stream of non-bank and alternative loan providers entering the market offers the perfect source for you to make use of.

Main Beach SME’s are now able to access finance through alternate lenders servicing Main Beach who are focused on enabling business expansion or smoothing out cash flow challenges. In the past private credit options (drawing equity from a home loan or credit cards and personal loans as well as credit cards) could be the best alternative funding solutions in Main Beach that were available.

There’s there is no requirement in the present to depend on using real estate to secure company loans. With an unsecured loan, business financing is easy. Instead of a traditional term loan from a bank, business finance for a small business with interest rates and loan terms that aid to manage cash flow are around as business loan options.

 

 

High level summary

Separate personal and business debt

There are numerous benefits by separating personal and company debt.

  • Your home, or other investments, aren’t tethered for the purpose of accessing funds
  • It is the business stands in more favourable position to create its own, clear credit history
  • It’s significantly more seamless when it comes to tax time
  • Companies can quickly view, monitor and plan based on being able to clearly assess their cash flow position

Reduce your risk, make your tax time easier, get started with an unsecure busines loan. Make an application today.

For those who like the detail

Separate personal and business debt

Risk

One of the main benefits of keeping your individual and business assets apart will be the fact that your home isn’t tied for access to the money. For a modest business loan in Main Beach up to $100K asset security won’t be required as long as the borrower meets their loan obligations.

Credit history

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

Tax

A separation between personal and business financial accounts makes it more seamless with regards to tax time, particularly when determining what is the tax-deductible allocation. Particularly when determining what is the tax deductible allocation. IRD has set out rules on the evidence required to claim deductions on an organisation’s tax return. This is an area that the IRD has advised specifically on.

Cash flow

Effective cash flow management is vital to the longevity in any business. By keeping your personal finances and business finances distinct, businesses can easily view how they are performing, monitor and plan on their ability to easily examine their cash flow.

I can now make coffee for my clients with the very best equipment.
Cafe Owner
I'm now able fund the renovation of our modern Main Beach resturant without having to take cash from other ones.
Main Beach Resturant Owner
An easy loan application process with a large limit on borrowing, no requirements for credit and there is no need to present a business plan. You no longer need to use your personal credit card and company credit card to fund your business.
Unsecured Loans Made Simple
Business loans, particularly those that are unsecured business loan or line of credit to business funding need never be an tense process. Finance for a company in the shape of small business loans at a fixed interest rate cost, and with a repayment period that fits the requirements of your company cash flow.
Business Lenders for Business Goals
I'm now able to go on an extended vacation knowing that I am confident that my Main Beach business will run without a hitch.
Local Business Owner
Business business loans, interest rates and repayment conditions, and flexible repayment options that can be tailored to what your business needs.
Business Lending Options
I'm able to get my taxes back on track.
Small Business Owner
I'm now able to hire a marketer to help me take my company to the next level of business growth.
Growing Business
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

Information About The Main Beach Small Business Loans

Let me know what you think of the Main Beach Small Business Loans

Main Beach unsecured loans offers amounts of between $5,000 and $100,000. The terms range 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 a traditional company loan?

The application to get this Small Business Loan in under 10 minutes online or on the phone. You’ll receive an answer within the same day and the funds could be in your account within 24 hours. Traditional company loans are based on an interest rate per annum plus other fees and charges. We offer a business loan is a loan that is priced upfront therefore you’ll know ahead of time the amount you will have to pay, including any interest, fees or charges. Then, it is broken down into a daily or weekly repayment figure.

What can the Small Business Loan be used for?

The Small Business Loan can be used for virtually every business need, such as the management of cash flow, company remodels and marketing to purchase inventory, new equipment, as general working capital and so much more. The loan cannot be used for personal reasons.

About the Larger Main Beach Business Loans

What is the Larger Main Beach Business Loan?

The Larger Business Loan is a larger size loan to aid in company growth opportunities. Loans are between $100,000 and $500,000 with a term fixed 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 calculated at 2.5% of the loan amount.

Do I qualify for the Larger Business Loan?

To qualify for a loan that is this large, your company needs to be in operation for at least 3 years with an annual turnover of $700,000. You must be a New Zealand Citizen (or Permanent Resident) with a minimum age of 18 years old as well as own a New Zealand business (with a valid NZBN/IRD) and be able to demonstrate at the least 12 months of operating.

What can I use the funds for?

A large business loan is a great option for almost every company reason, such as business renovations, to purchase new equipment or inventory, as general working capital and so much more. The loan cannot be used to fund personal expenses.

Is the Larger Business Loan a secured loan?

Asset security is required to obtain funding above $150,000. This can be done by way of charge on assets and can include registering this with the PPSR or making as a caveat.

A director’s or personal guarantee is a commitment to repay credit that is generally based rather than stating security over an asset. The person who signs the guarantee is personally liable in the event that the business lender is not able to re-pay 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 gives the priority of personal property granted according to the date a security interest was registered.

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

What is a pre-approval without Credit Check?

If you’re requesting a Larger Business Loan of more than $250K we may be able to provide an initial pre-approval to smooth out the process. It is possible to make this decision without credit checks and within 6 hours of the initial application. This pre-approval is based on an initial assessment that includes you answering a few financial well-being checks. It is neither an offer nor a guarantee of financing. Unconditional approval is subject to an assessment of your creditworthiness and any offer you receive could have different terms.

The application process

Can I be eligible for funding?

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

  • are a New Zealand Citizen (or Permanent Resident)
  • are at least 18 years old, have a New Zealand company (with a valid NZBN/IRD)
  • must show at least six months of business (for the unsecured loan $5K – $100K) or 3 years of trading (for the Larger Business Loan $100K up to $500K)

How do I apply?

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

To apply for up to $100,000 you’ll need the right identification documents (valid Driver’s License), a valid NZBN/IRD and at least 6 months’ worth of bank statements.

In addition, for larger loan sizes, you’ll need:

$100K to $250K: Application requirements, including credit approval, 6-12 months of bank statements, IRD statement (if the loan is greater than $150K).
$250K-$500K: Details of the application, including credit consent twelve month bank accounts, the IRD statement Last 2 years’ finalised financial statements, as well as interim financials from the current financial year including Aged Payables, Aged Receivables Summary.

How fast will I get an answer?

For an unsecured loan ($5K and up) We can usually offer an answer in just one hour, provided you apply in quality company time and let us utilise the bank verification system to instantly verify your bank’s information online. If you want to submit copies of your bank statement, we’ll provide the decision within an company day.

If you are applying for a Larger Business Loan ($100K to $500K) we may be likely to offer you with pre-approval conditional to your application in about six hours. After you’ve signed your pre-approval form, it will take about 2-3 days for final approval. However, this can be quicker based on the particular circumstances of each application. Certain deals have been approved within the space of 24 hours.

The quickest method would be to make sure you apply during normal business hours and permit us to use the advanced bank verification system to verify your bank information online. If you opt to send us duplicates of your banking statement, it may take a bit longer.

How quickly will I receive the money?

For the Small Business Loan ($5K and up) we usually provide an answer in just one hour if you make your application at normal business timings and allow us to make use of the advanced bank verification system to instantly verify your bank details online. If you choose to submit copies of your bank statements, we are able to provide an answer within the span of one business day.

For the Larger Business Loans ($100K to $500K) we might be able to offer you with a conditional pre-approval within 6 hours. Once you’ve signed your pre-approval form, it will take about 2-3 days for final approval. However, this can be faster depending on the circumstances of each application. Some agreements have been approved in less than 24 hours.

The quickest method can be make sure you apply during standard business hours and allow us to use the sophisticated bank verification link to verify your bank information online. If you opt to upload duplicates of your banking accounts, it will take a little longer.

What’s the minimum amount I can borrow?

We offer loans ranging from $5,000 and $500,000. If you apply for a specific amount we consider a variety of aspects in order to assess the well-being for your business and the extent of payments your company can support. The total amount of your loan will depend on the specific circumstances of your company.

When you submit an application for a particular amount, we consider a variety of factors to assess the well-being for your company as well as the amount of payments your company is able to afford. The amount you receive from your loan will depend on the particular circumstances for your company.

Fees & repayments

How do you charge for a company loan?

When you request business loans with us business loan, we’ll assess the risk profile of your business and offer an individualised offer that includes the amount of loan, the term and interest rates. It is a company loan is an upfront cost loan which means you be aware of the total amount you will have to pay, including charges or interest.

What is the factor that determines the price I am charged?

Interest rates for business loans rates depend on a variety of factors including the amount borrowed, what business assets the funds are used to purchase, the industry the company is in, how long the company has been operating and in the event that the company has sufficient cash flow to cover the loan, and also the general well-being or financial standing of the company.

What are the charges?

There are no hidden fees with our company loans, and you’ll know precisely what you need to pay and when, from day one. There’s no compounding interest, and there are no additional charges (as as long as you pay your payments on time).

We do not charge an Application Fee. You can apply for a loan no cost upfront or commitment to apply.

The Origination Fee covers the costs associated in establishing and managing the loan. The only way to pay this fee if you decide to take the loan. Our Origination Fee is 2.5% of the amount of the loan.

Can I pay off the loan early?

You can choose to repay the total amount of your loan at any point in time.

If you choose to do this please speak to our friendly company lending professionals. They’ll provide you with the details of your repayment as well as an early payout amount. This is calculated as the sum of the remaining principal amount and any accrued interest at the time of early payout plus 1.5% of the principal amount remaining and any fees that remain unpaid.

How do repayments work?

In order to help you avoid missing payment dates and to align with your cash flow cycle we provide payments that are either daily or weekly. These are automatically withdrawn from the nominated business account.

Security & privacy

Will my data be secure?

Security of your data, and being clear about the ways we gather data, process, exchange and protect your information, is crucial and is a crucial part of our relationship with you.

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

Yes. We utilise industry-recognised encryption standards to secure your sensitive, personal financial and other data. Our funders are ISO 27001 qualified for our commitment to customer security and privacy. We use an advanced bank verification system link to instantly verify your bank account details online. This allows us to provide rapid response.

About business loans

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

The term "asset-based" refers to borrowing where a business owner borrows from the assets they have to get a loan. The asset can be either an asset belonging to the personal, like the family home, or a company asset such as a truck as well as a piece of machine.

The majority of the lenders not just the largest banks, are inclined to guarantee loans against assets. If you’re having trouble paying back the loan then the asset could be transferred to the lender. In essence it’s the process of securing new financing using the value of what you already own.

Do I require security for an business loan?

For loans up to $150K no asset security is required prior to the loan’s access However, we require a personal guarantee. need a personal guarantee. If you adhere to your loan commitments (as stated in the loan contract) and you are able to meet your obligations, asset security will never be required. For loans that exceed $150,000, generally, there is an individual guarantee and security in the form of charges on assets.

Industries we currently aren't able to help with

  • Adult related industries
  • Auction houses & auction websites
  • Debt purchasers and debt collection companies
  • Direct marketing such as fundraising, telemarketing, mail order, direct-mail etc.
  • Financial institutions and lenders
  • {Firearm businesses
  • Foreign currency exchange solutions
  • Customs clearing houses & freight forwarding
  • Anything gambling related
  • Not-for-profit organisations such as charities and churches etc.
  • Smash repairers or panel beaters
  • Pawnbrokers & pawn shops
  • Property development
  • Stockbrokers, shares andinvesment businesses
  • Tattoo palours
  • Taxi and ride sharing services
  • Ticket resellers or entertainment sales
  • Tow truck services
  • Used automotive dealerships
  • Car glass tintingcompanies
  • Vehicle dismantlers

Although we can’t help with an unsecure business loan for the above industries, we might be able to assist you by providing the secured business loan.

Gold Coast Small Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

Apply Now

Apply Now

Contact Us

Contact Us

Contact Us

Fill out the form below or Call Now
1300 059 672