A Robina unsecured business loan is simple and quick to get. Approve your loan in a matter of minutes and use the money in your company.
You can expect:
The criteria for eligibility for an unsecured business loan for a business loan Robina are fairly minimal.
Call Now 1300 059 672Making an application for an business loan for business in Robina with us is easy and takes just a few minutes, no lengthy forms or lines.
Get approved and receive your cash within 1-2 company days.
Our purpose is to assist Robina companies of all sorts small, medium even solopreneurs to access funding fast so they can utilise the loan to grow and build.
The eligibility requirements for an unsecured business loan in Robina of between $5K and $100K are pretty minimal.
Need more funds? Review the conditions of eligibility for our $100K-$500K company financing.
The criteria for eligibility to be eligible for larger Robina company loans of between $100K and $500K are:
Do you require a smaller amount of funds? Find out the eligibility requirements for our $5K to $100K Robina unsecured company loans.
A Robina unsecured loan is ideal to use for any business reason. Call us now.
Want to get started on one of these options as early as tomorrow? So, contact us now or apply online for the quickjest fasted way.
All you need to begin is your contact information (the name of your company, your name, email or phone number) along with the amount you’d like to borrow, and your monthly revenue.
During the process and before settlement we will need confirmation of your identity, but not before we can begin:
In addition, once we have started, for loans over $150,000 you’ll also require basic financial statements:
Let’s get started.
With banks and traditional lenders restricting credit The steady flow of alternative and non-bank loan providers entering the market offers a great resource to access.
Robina SME’s are now capable of accessing finance through alternate lenders servicing Robina who are focused on enabling company growth or smoothing out the cash flow problems. The past was when private credit options (drawing equity from a house loan, or by using credit cards and personal loans as well as overdrafts) provided the most viable alternative funding services in Robina that were available.
There’s no requirement of having to depend on the real estate market to secure company credit. With an unsecured loan, business funding is simple. Instead of a loan for a term with banks, business finance for an SME with interest rates and loan terms that aid in cash flow are around as business lending options.
There are many benefits by separating personal and company debt.
Reduce your risk, make your tax time easier, get started with an unsecure company loan. Make an application today.
One big drawcard for keeping your personal and company assets separate is that your home isn’t required to be tied to access the funds. In the case of a business loan within Robina up to $100K asset security won’t be needed as long as the borrower is able to meet the loan requirements.
Businesses are in a more stable long-term position when they are able to demonstrate credit/debt serviceability.
It is crucial to separate personal from business finances makes it more seamless in the event of tax time, particularly when identifying what is the tax-deductible allocation. The IRD has set out the guidelines on the proof required to be able to claim deductions on the tax return of a company. This is a subject that the IRD have specifically advised on.
A well-organised cash flow management system is crucial to the longevity for any business. Through keeping your personal finances and business finances distinct, companies can easily view their cash flow, plan and monitor it based on the ability to effectively examine their cash flow.
Robina unsecured loans offers amounts between $5,000 and $100,000 with terms between 3 and 24 months and cash flow-friendly repayments which can be made daily or weekly.
It is imaginable to apply to this Small Business Loan in under 10 minutes on the internet or by phone. You will receive an immediate response, and funds may be on your account within 24 hours. Traditional business loans refer to an annual rate of interest along with other charges and fees. Our business loan is an upfront priced loan and you’ll know in advance the total amount due, which includes any interest, fees or charges. Then, it is broken down into weekly or daily installment amount.
It is a Small Business Loan can be used for virtually every business use, including cash flow management, company renovations, marketing for purchasing inventory or new equipment, or as general working capital and much more. The loan is not available to fund personal expenses.
The Larger Business Loan is a larger loan size to support company expansion opportunities. Loans are between $100,000 and $500,000 with a term fixed with a maximum of 36 months. Repayments are scheduled weekly or fortnightly, depending on the flow of cash.
The Larger Business Loan has an Origination Fee, determined at 2.5 percent of the loan amount.
To be eligible for a loan of this size the company needs to be operating for at least three years with an annual turnover of $700K. You must be a New Zealand Citizen (or Permanent Resident) over 18 years or have a New Zealand company (with a valid NZBN/IRD) and be able to demonstrate at least 12 months of trading.
A larger business loan can be used for nearly any business need, including business remodeling, buying new equipment or inventory, as general working capital and much more. The loan is not available to fund personal expenses.
Asset security is required to obtain funding above $150,000. This can be done as a result of an charge on assets, and could include registration through the PPSR or registering as a caveat.
A director’s or personal ensure is a promise to pay back a loan that is generally based rather than stating the security for a particular 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 lists security interests that are which are registered with respect to personal property (including objects or assets). The PPSR permits preference over private property assigned depending on the date that a security interest has been registered.
A caveat is a legal document lodged to offer an official notice of a claim to a property.
When you’re applying for the Larger Business Loan of more than $250K, we may offer an initial pre-approval to simplify the process. We may be able to apply for this without a credit check and within 6 hours of the initial application. The pre-approval process is based on an initial assessment, which involves you answering a few financial health checks. It is not an offer of credit or guarantee of credit. The approval of a conditional loan is subject to an assessment of your creditworthiness and any offer that you receive could be on different terms.
You are eligible to apply for an company loan if you;
The application process is simple and easy. Simply complete the online form within a few minutes and a dedicated business lending specialist will contact you to help you.
For a loan of up to $100,000 you’ll need identification details (valid Driver’s Licence), a valid NZBN/IRD and at least six months of bank statements.
If you’re looking for loans with larger sizes, you’ll need:
$100K-$250K: Information about the application including credit consent, 6 – 12 months of IRD statements, bank statements (if you have a loan of more than $150K).
$250K to $500K: Details for application including credit consent and 12 month bank accounts, the IRD statement and the last two years’ finalised financial statements, in addition to interim current financial year financials including Aged Payables, Aged Receivables Summary.
For an unsecured loan ($5K to $100K) We can usually provide an answer in just one hour, provided you make your application in standard company hours and allow us to use the advanced bank verification system link to instantly verify your bank information online. If you decide to send us copies of your bank statements , we’ll be able to offer an answer in as little as an business day.
For the Larger Business Loan ($100K and up) we may be in a position to provide you with pre-approval conditional to your application within six hours. Once you’ve signed the pre-approval, turnaround times are around 2-3 days for final approval. However, it could be faster based on the circumstances of each application. Certain transactions have received approval within 24 hours.
The fastest way for you to apply is ensure you apply during standard business hours and allow us to use our advanced bank verification system to verify your bank information online. If you decide to upload the copies of bank statements , it takes a bit longer.
For the Small Business Loan ($5K or more) we can often provide an answer within an hour, provided you submit your request at standard business hours and allow us to utilise the advanced bank verification system to immediately verify your bank account information online. If you opt to submit copies of your bank statement, we’ll offer a decision within one business day.
If you are applying for Larger Business Loans ($100K up to $500,000) we might be in a position to provide you with pre-approval conditional to your application within about six hours. Once you have signed the pre-approval, the turnaround time is between 2 and 3 days for the final approval. However, this may be quicker depending upon the circumstances for each application. Some offers have been approved in less than 24 hours.
The fastest way for you to apply is ensure you apply during standard business hours. Also, allow us to use the modern bank verification link to instantly verify your bank account information online. If you opt to upload the copies of bank statements, it can take a bit longer.
We offer loans ranging from $5,000 and $500,000. When you submit an application for a particular amount, we consider a variety of variables for determining your well-being that is your company and the extent of repayments your company can afford. The amount you receive from your loan will depend on the particular circumstances the company.
When you submit an application for a specific amount we will consider a number of variables to determine your well-being for your company and the extent of repayments your company is able to afford. The amount you receive from your loan will depend on the particular circumstances for your company.
If you decide to apply for business loans with us company loans, we will assess the risk assessment the company and provide you with a tailored offer that includes the amount of the loan, the duration and the interest rates. This business loan is an upfront priced loan and you’ll be aware of the total amount you will have to pay, including charges, interest rates or fees.
The interest rates on business loans rates depend on several factors such as the amount that is borrowed, what company assets the money will be used for and the sector the company operates in, how long the company has been running, whether the company has sufficient cash flow to cover the loan, and general health as well as creditworthiness business.
There aren’t any hidden charges with our company loans. You’ll know precisely what you need to pay, and when, right from the day you sign up. There’s not any compounding interest and no extra fees (as long as you make your payments punctually).
We don’t charge an application fee. You can apply for a loan with no cost upfront or the obligation to take action.
The Origination Fee covers the costs associated with establishing and managing the loan. This is only a cost if you take out the loan. Our Origination Fee is 2.5 percentage of the amount of the loan.
You can repay all of your loan early at any time.
If you are deciding to pursue this option, please speak to our friendly business loans experts. We will provide you with details on repayment and an early payment figure. This will be calculated as the total of the principal remaining and any accrued interest at the time of early payment, plus 1.5 percent of the remaining principal as well as any outstanding fees.
To help you avoid missing due dates and also to be in line with your cash flow cycle we provide repayments either daily or weekly. They will be automatically deducted from your designated business account.
The security of your personal information, as well as knowing how we collect information, use it, and exchange it, as well as secure your information, is of paramount importance and is an essential part of our relationship with you.
Yes. We employ industry-recognised encryption techniques to protect your sensitive, personal and financial data and our funders are ISO 27001 qualified for our commitment to security for our clients and privacy. We make use of an advanced bank verification system that allows you to instantly verify your bank account details online. This allows us to provide an immediate response.
Asset-based borrowing is when a company owner uses an asset they own to obtain the funding. The asset may be an asset belonging to the personal, like the family home, or it could be a company property like a truck as well as a piece of machine.
The vast majority of lending institutions, not just the largest banks, are inclined to guarantee loans against assets. If you are having difficulty paying back the loan, the asset could be offered for sale by the lender. In essence it’s the process of securing new financing by using the worth of the asset you already own.
For loans that exceed $150K, it is not necessary to secure assets before you are able to access the money however, we require a personal guarantee. require the personal guarantee. If you adhere to your loan obligations (as specified in your loan contract document) and you are able to meet your obligations, asset security will never be required. For loans of over $150,000 generally, you can get an individual guarantee and security is provided in the form of the charge of assets.
Although we can’t help with an unsecured business loan in those industries, we might be able to assist with the secured business loan.
