Unsecured Business Loans Alexandra Hills QLD

In The Next Few Hours, You Could Be Getting Ready For Success WithThe Help Of an Alexandra Hills Business Loan

Unsecured Business Loans Alexandra Hills

An Alexandra Hills unsecured business loan is quick and easy to apply for. Get a quick apporval and begin using the money in your company.

  • Could additional funds assist your business in working capital, or to take advantage of the potential for growth?
  • What is the financing strategy you are using to fund your company requirements?

What you can expect:

  • Simple process to apply and be approved for funds as soon as tomorrow
  • No reayments are permitted in the first four weeks
  • Borrow from $5k to $500K
  • Terms from 3 to 36 month
  • Competitive rates of interest rates
  • Minimal docs needed

The conditions for eligibility for an unsecured business loan in Alexandra Hills are fairly minimal.

Call Now 1300 931 913
I'm now able fund the fitout of our fresh Alexandra Hills resturant without having to take cash from other ones.
Alexandra Hills Resturant Owner
I'm able get my tax back on track.
Small Business Owner
A straightforward loan application process that comes with a high amount of borrowing capacity, a low requirements for credit, and there is no need to submit a business plan. Stop using your personal credit card or business credit cards as a way to finance your business.
Unsecured Loans Made Simple
Business loans, specifically an unsecured unsecured business loan or line of credit to business funding require to not become a stressfull procedure. Business finance can be in the form of small business loans that have an interest rate and repayment time that fits your company budget.
Business Lenders for Business Goals
I'm now able take a holiday knowing the Alexandra Hills company will run effortlessly.
Local Business Owner
Business loans with interest rates and repayment conditions, and flexible repayment options to meet your company needs.
Business Lending Options
I'm now able to prepare coffee for my customers with the very best equipment.
Cafe Owner
I'm now able hire a marketing expert to help me take my company to the next step.
Growing Alexandra Hills Business
Unsecured Business Loan Service Provider

Fast Approval Process

Applying for business loans in Alexandra Hills company financing for company in Alexandra Hills with us is easy and takes only about a couple of minutes, there are no lengthy forms or lines.

Approved and receive funds within 1-2 company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We want to assist Alexandra Hills businesses of all types, whether small, medium or solopreneurs to access funding fast so they can take advantage of loans to build and expand their business.

  • It all starts with a simple online application, or phone call
  • Flexible repayment terms to suit your company
  • Fast cash in just a day or two days
  • A team of people who want you and your company to be successful
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The eligibility requirements for an unsecured business loan in Alexandra Hills of between $5K and $100K are fairly minimal.

  • Minimum of 6 months in business
  • At least $6,000 in income per month
  • Be a New Zealand based business with a New Zealand Business Number (NZBN)
  • Passport or Driver’s License for evidence of identity
  • You should have an account with a New Zealand bank as your primary account for trading
  • Bank statements from the previous 6 months

Are you looking for additional funding? Take a look at the conditions of eligibility for our $100K to $500K company financing.

Here's How Other People Have Benefited

Examples of Business Loans

With the busy holiday season nearing, a clothing store required working capital in order to finance additional inventory and to take advantage of the discount offered by suppliers. They secured $20K over the course of 12 months without security of assets required. They received the money in just 24 hours.
Clothing Store
An interior designer saw an opportunity to grow their company and needed working capital to finance the expansion. With a monthly revenue of $300K they borrowed $250K over the course of 24 months. The turnaround time was only two days and all they had to present the required documents were twelve months' bank statements IRD confirmation, as well as their trust deed.
Interior Designer
A plumber who has had business for three years and has 80K in monthly sales was in require of more funds. They were able to borrow $153K over 36 months. All that was needed is 12 months worth of banking statements as well as confirmation of the status with IRD. The process was completed within an hour and the plumber got their extra working capital available in their account in a matter of hours.
Plumber
A gym that was going for nearly 3 years was looking to expand and required additional equipment. With monthly revenue of $37K they borrowed $72K over a 24 month period. The loan was not secured and the loan was compelted in just 24 hours.
Gym
The owner of a tiny grocery store that earned $70K per month borrowed $76K over a 24-month term , without making any repayments during the initial 4 weeks. This required 12 months of bank statements. The turn around time was 6 hours from the time of application until receiving the money.
Grocery Store Small Business Loan
Simple eligibility checklist

Larger Alexandra Hills Business Loan Eligibility Criteria

The criteria for eligibility to be eligible for larger Alexandra Hills business loans of between $100K and $500K consist of:

  • Minimum of 3 years in business
  • At least $700K in annual income
  • You must be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Passport or Driver’s License for identification proof
  • You should have an account with a New Zealand bank as your principal account for trading
  • Bank statements for the last six months
  • Certain financial statements include Profit & Loss and Aged Accounts Payable and Receivable

Looking for a smaller amount of capital? Check out the eligibility requirements for our $5K-$100K Alexandra Hills unsecured company loans.

Business Lending for a Cash Injection

What do you want to use the business loan in Alexandra Hills for?

An Alexandra Hills unsecured loan is perfect for virtually every company use. Talk to us today.

  • Expand or renovate commercial properties
  • Staff expansion for busy times
  • Grow stock quantities to keep up with demand
  • Create a new site or boost your marketing
  • Make sure you invest in the latest equipment, tools or new technologies
  • Purchase additional stock to meet seasonal demand
  • Control cash flow fluctuations
  • Plus lots more …

Are you looking to start one of these options as early as tomorrow? So, contact us today or send an application online to get the fastest and most effective process.

Quick application checklist

What do you need to apply

All you need to begin is your contact details (the name of your company, your name, email or phone number) along with the amount you want to borrow, and your monthly earnings.

In the course of the process and before settlement we’ll need confirmation of who you are, but not to get started:

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

Once we’ve started when it comes to loans of more than $150,000 you will also require the following financial statements:

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started.

 

Here's How Others Have Benefited

Examples of Business Loans

The proprietor of a small grocery store that earned $70K per month borrowed $76K over a 24-month period with no repayments for the first 4 weeks. This required 12 months of bank statements. The turnaround time was only 6 hours from the moment you applied to receiving the funds.
Grocery Store Small Business Loan
A restaurant owner was wanting to open a second restaurant and needed funds for the fit out. The bank they approached wasn't willing to help. The typical monthly income for them was $50K and they were able to borrow $66K over 24 months. Turnaround was only 8 hours.
Restaurant Owner
An interior designer had spotted an opportunity to expand their business and required working capital to fund this expansion. With monthly revenue of $300K they borrowed $250K over 24 months. The turnaround time was just two days, and all they had to provide is 12 months' worth of Bank statements IRD confirmation, IRD confirmation and trust deed.
Interior Designer
After purchasing a pizza shop and 2 liquor stores six to 12 months prior, the new owners were looking for more funds. The total revenue of the two stores was more than 500K per month. They could have borrowed $300K and split it into $100K for each store, with two different 24 and 36 months. There was no security on the owners' homes was required.
Owner of a Pizza Store & 2 Liquor Stores
With the busy Christmas time approaching, a clothing store needed working capital to finance additional stock and take advantage of discounts offered by suppliers. They borrowed $20K over 12 months, with no asset security required and had the funds in 24 hours.
Clothing Store

Unsecured Business Loan Alexandra Hills QLD 4161

The lending landscape has changed

With traditional lenders and banks tightening credit conditions, the steady stream of alternative and non-bank loan providers that are entering the market provides the perfect source for you to access.

Alexandra Hills SME’s are now being able to get finance from alternate lenders servicing Alexandra Hills who are focused on facilitating business expansion or smoothing problems with cash flow. In the past, the personal sources of credit (drawing equity from a home loan, or by using credit cards or personal loans, as well as credit cards) provided the most viable alternative financing services in Alexandra Hills that were available.

There’s an end to the requirement for you to rely on real estate to secure company loans. With an unsecured loan business financing is easy. Instead of a traditional term loan from banks, business finance for an SME with interest rates and loan terms that can help with cash flow are around as business credit options.

 

 

High level summary

Separate personal and business debt

There are numerous benefits by separating personal and company debt.

  • Your home or other investmentsaren’t tied to allow access to funds
  • This business has a more favourable position to create its own, solid credit history
  • It’s significantly more seamless for tax time
  • Businesses can easily view the situation, track and plan based on being able to easily evaluate their cash flow situation

Limit your exposure, make your tax time more simple, apply for an unsecure business loan. Apply 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 separate can be that your house isn’t necessarily tied up to allow access to the funds. In the case of a business loan in Alexandra Hills up to $100K the security of assets won’t be required so long as the borrower fulfills the loan requirements.

Credit history

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

Tax

Separating personal and business finances makes it significantly more seamless when it comes to tax time, particularly when determining what is the tax-deductible amount. The IRD has set out rules on the evidence required to claim deductions on an individual’s tax return. This is an area the IRD has specifically advised on.

Cash flow

Effective cash flow management is essential to the long-term success in any business. Through keeping your personal finances and company finance separate, businesses can easily view their cash flow, plan and monitor it based on the ability to effectively examine their cash flow.

I can now take vacation knowing that I am confident that my Alexandra Hills company will run without a hitch.
Local Business Owner
Business loans, especially an unsecured business loan or line of credit to business funding require have no tense procedure. Business finance in the form in the form of small business loans that have an interest rate and repayment period that is suitable for the needs of your business financial needs.
Business Lenders for Business Goals
I'm now able to prepare espresso for clients using the best equipment.
Cafe Owner
An easy loan application process with a large loan limit, with minimal requirements for credit, and there is no requirement to provide a business plan. You no longer need to use your personal credit card or business credit card to fund your company.
Unsecured Loans Made Simple
I'm able to get my taxes back on time.
Small Business Owner
Business business loans, interest rates and repayment conditions, and flexible repayment options to meet what your company needs.
Business Lending Options
I'm now able to hire an experienced marketer to help me help me take my business to the next stage of business growth.
Growing Business
I am now able to fund the remodel of our brand modern Alexandra Hills resturant without having to take cash from other ones.
Alexandra Hills Resturant Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

About The Alexandra Hills Small Business Loans

Tell me what you think of the Alexandra Hills Small Business Loans

Alexandra Hills unsecured loans offers amounts between $5,000 and $100,000. Terms range from 3 and 24 months, cash flow-friendly repayments that are either daily or weekly.

How is this Unsecured Loan different from a traditional business loan?

It is imaginable to apply to get your Small Business Loan in under 10 minutes online or by phone. You will receive an immediate response, and the money could be in your account within 24 hours. Traditional business loans have an interest rate per annum plus other fees and charges. This company loan is an upfront priced loan which means you know in advance the amount you will have to pay, including any fees, interest or charges. Then, it is divided into weekly or daily payment amount.

What could the Small Business Loan be used for?

A Small Business Loan can be used for virtually every business purpose including the management of cash flow, company renovations, marketing for purchasing inventory or new equipment, or as general working capital and so much more. The loan cannot be used to fund personal expenses.

About the Larger Alexandra Hills Business Loans

What is the Larger Alexandra Hills Business Loan?

The Larger Business Loan is a larger amount of loan to help company expansion opportunities. Loans range between $100,000 and $500,000 with a term fixed up to 36 months. Repayments are weekly or fortnightly, depending on your situation.

How is the Origination Fee determined?

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

Can I get the Larger Business Loan?

To qualify for a loan that is this large, your company needs to have been operating for a minimum of 3 years, and have an annual income of $700K. It is necessary to be a New Zealand Citizen (or Permanent Resident) who is over the age of 18 and have a New Zealand business (with a valid NZBN/IRD) and be able to demonstrate at minimum 12 months of business.

How can the funds be utilised?

A large company loan is a great option for almost any business purpose including business renovations, purchase of equipment or inventory, as general working capital, and much more. The loan cannot be used for personal reasons.

Is the Larger Business Loan one that requires security?

Asset security is needed for funding of more than $150,000. It is usually as a result of an charge against assets, and may include registering this in the PPSR or making as a caveat.

A personal or director’s guarantee is a commitment to pay off a credit line that is general in nature, rather than stating the security for a particular asset. The person signing the ensure is personally liable if the company lender is not able to pay back the debt.

The Personal Property Securities Register (PPSR) is an online, central registry run by the New Zealand Government. It reflects security interests that are registered for personal property (including objects or assets). The PPSR permits the priority of personal property granted according to the date a security interest has been registered.

Caveats are legal form of document to provide the legal claim on a property.

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

If you’re applying for an enterprise loan of $250,000 or more it’s possible to offer a preliminary pre-approval to help make the process. We might be able to make this decision 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 health checks. It’s in no way an offer, nor is it a guarantee of finance. Unconditional approval is subject to an assessment of your creditworthiness and any offer you receive could have different conditions.

Application process

Do I have the right to receive funds?

You may be eligible for an company loan if you:

  • are a New Zealand Citizen (or Permanent Resident)
  • are over 18 years, own a New Zealand company (with a valid NZBN/IRD)
  • you must prove at least 6 months of business (for for the unsecured loan $5K – $100K) or three years of trade (for the Larger Business Loan $100K to $500K)

How do I apply?

The application process is fast and simple. Just complete the online application in just a few minutes, and a dedicated business credit specialist will be in touch to guide you.

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

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

$100K-$250K: Details of application, including credit approval, 6-12 months of bank statements, IRD statement (if loan above $150K).
$250K – $500K: Information on the application including credit consent twelve months bank statement, an IRD statements and the last two years’ finalised financial statements, as well as interim current financial year financials such as age-related payables and aged Receivables Summary.

How fast will I get an answer?

For an unsecured loan ($5K and up) we typically offer an answer within one hour, provided you make your application in quality business hours and you allow us to utilise 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 can provide the decision in just one company day.

For the Larger Business Loan ($100K or more) we might be capable of provide you with pre-approval conditional to your application within about six hours. After you’ve signed the pre-approval document, you will need to wait approximately 2-3 days to receive final approval. However, it could be faster based on the particular circumstances of each application. Some deals have been approved in less than 24 hours.

The quickest method is to ensure you apply during normal business hours, and permit us to use the advance bank verification to instantly verify your bank account information online. If you choose to send us the copies of bank accounts, it may take a bit longer.

How soon will I receive the funds?

For the Small Business Loan ($5K or more) we usually offer an answer within one hour if you make your application in normal business timings and let us use the advanced bank verification system to immediately verify your bank account information online. If you opt to upload copies of your banking statements, we are able to offer the decision in just the span of one business day.

For the Larger Business Loans ($100K up to $500,000) We may be in a position to provide the conditional pre-approval in about 6 hours. Once you have signed the pre-approval, the turnaround time is about 2-3 days for final approval, however this can be faster depending on the circumstances of each application. Some deals have been approved within the space of 24 hours.

The quickest method would be to make sure you apply during normal business hours. Also, allow us to use our modern bank verification link to instantly check your bank’s information online. If you upload copies of your bank statement, it takes a bit longer.

What’s the minimum amount I can borrow?

We offer loan amounts between $5,000 and $500,000. If you apply for a certain amount we will consider a number of factors in order to assess the well-being of the company and the extent of payments your company will be able to support. The amount you receive from your loan will be contingent on the particular circumstances for your business.

When you make an application for a certain amount, we take into consideration a variety of elements to assess the well-being that is your company and the extent of repayments that your business can support. The amount you receive from your loan will be contingent on the specific circumstances the business.

Fees & repayments

How much do you charge for a company loan?

If you decide to apply for business loans with us company loan, we’ll assess the risk assessment of your company and provide you with a tailored offer that includes the amount of loan, the term and interest rates. It is a company loan is an upfront-priced loan which means you know in advance the total amount you will have to pay, including costs, fees, or interest rates.

What determines the rate that I am charged?

The interest rates on business loans rates depend on several factors like the amount of money borrowed, the business assets the funds are used to purchase, the industry the company operates in, how long the company has been operating as well as what percentage of the business has enough cash flow to fund the loan, and the overall well-being or creditworthiness of the company.

What are the fees?

There are no hidden costs with our company loans, and you’ll know precisely how much it is that you be required to pay and when, right from the day you sign up. There’s not any compounding interest and the loan comes with no additional fees (as as you make your payments on time).

We don’t charge an application fee. You can apply for a loan with without any upfront costs or any obligation to sign up.

The Origination Fee is the cost associated with establishing and managing the loan. The only way to pay this fee if you proceed with the loan. Our Origination Fee is 2.5% of the loan amount.

Do I have the option of paying off the loan early?

You can repay all of your advance loan at any time.

If you do decide to do this please talk to one of our helpful business lending experts. They’ll offer you with the details of your repayment as well as an early payout amount. It will be calculated using the total of the remaining principal amount and the accrued interest up to the time of the early payout in addition to 1.5 percent of the remaining principal as well as any outstanding fees.

What is the process for repayments?

To ensure that you don’t miss repayments and to fit in your cash flow cycle we offer repayments that are either weekly or daily. They are automatically deducted from your nominated company account.

Security & privacy

Will my data be secure?

The security of your personal information, as well as knowing the ways we gather the information we collect, use, share and safeguard your data, is of huge importance and is an essential element of our relationship with you.

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

Yes. We make use of industry-standard encryption standards to secure your personal, sensitive as well as financial data. Our funders are ISO 27001 certified for our dedication to customer security and privacy. We employ an exceptionally sophisticated bank verification system to instantly verify your bank account details online, allowing us to offer quick responses.

About business loans

What is asset-based borrowing (a secured loan)?

Asset-based borrowing is when the business owner uses the assets they have to make the loan. The asset may be an individual property, such as the family home or a business property like a truck or piece of equipment.

The vast majority of the lenders including the big banks, tend to secure loans against an asset. If you’re having trouble paying back the loan then your asset may be taken over by the lender. In essence, it’s a way of securing additional financing taking advantage of the value of what you already own.

Should I require security to secure a business loan?

For loans up to $150K the requirement for asset security is not required prior to the loan’s access however, we require a personal guarantee. require the personal guarantee. In the event that you fulfill the terms of your loan (as detailed in your loan contract) and you are able to meet your obligations, asset security will never be required. For loans over $150,000 generally, you can get the option of a personal ensure and security in the form of a charge over assets.

Industries we currently aren't able to help with

  • Anything adult industry related
  • Auction houses or auction websites
  • Debt collection companies & debt purchasers
  • Direct marketers including telemarketing, fundraising, mail order, direct-mail etc.
  • Financial institutions or lenders
  • {Firearm related businesses
  • Foreign currency exchange solutions
  • Customs clearing houses & freight forwarding
  • Gambling related industries
  • Non-profit organisationsincluding charities, churches etc.
  • Panel beaters & smash repairers
  • Pawnbrokers or pawn shops
  • Property development
  • Investment business, shares and stockbrokers
  • Tattoo studios
  • Taxi and ride sharing services
  • Entertainment sales and ticket resellers
  • Towing services
  • Secondhand vehicle companies
  • Car glass tintingcompanies
  • Automotive dismantlers

Although we can’t help with an unsecured business loan in these types of industries, we may be able assist by providing an secured business loan.

Brisbane 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 931 913