Unsecured Business Loans Redcliffe QLD

Today, You'll Be On The Right Track To Success With a Redcliffe Business Loan

Unsecured Business Loans Redcliffe

A Redcliffe unsecured business loan is simple and quick to apply for. Get a quick apporval and start using the funds for your company.

  • Would extra funds help your company in working capital, or to take advantage of an opportunity to grow?
  • How are you financing your business needs?

What to expect:

  • Easy to apply and be approved for funds as soon as tomorrow
  • Optionally , no reayments during the initial four weeks
  • From $5k to $500K in loans
  • Terms from 3 to 36 months
  • Competitive interest prices
  • Minimal documentation

The conditions for eligibility for an unsecured business loan within Redcliffe are fairly minimal.

Call Now 1300 931 913
I am now able to fund the fitout of our fresh Redcliffe resturant without having to pull cash from the other ones.
Redcliffe Resturant Owner
I'm able get my tax back to keep me on track.
Small Business Owner
A straightforward loan application process with a huge borrowing limit, minimal credit criteria and no requirement to submit a business plan. You no longer need to use your personal credit card or company credit cards in order to finance your business.
Unsecured Loans Made Simple
Business loans, especially an unsecured business loan or line of credit to business financing need have no stressfull procedure. Finance for a company in the shape in the form of small business loans at an interest rate and repayment term which is compatible with the needs of your business financial needs.
Business Lenders for Business Goals
I'm now able to go on an extended vacation knowing that the Redcliffe company will run well.
Local Business Owner
Business loan interest rates and repayment conditions, and flexible repayment options to fit your business needs.
Business Lending Options
I'm now able make espresso for clients with the best equipment.
Cafe Owner
I can now hire a marketing specialist to help me take my company to the next level.
Growing Redcliffe Business
Unsecured Business Loan Service Provider

Fast Approval Process

Making an application for the company financing in Redcliffe with us is easy and takes only some minutes, without lengthy forms or lines.

Get approved and receive your funds in 1-2 company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We are aiming to assist Redcliffe businesses of all types, whether small, medium or solopreneurs to access funding fast so they can use the loan to expand and grow.

  • It starts with an easy online application or phone call
  • Flexible terms for repayment to fit your company
  • Fast and prompt funding within a single day or two days
  • We want to see you succeed as well as you business to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The requirements for getting an unsecured business loan in Redcliffe of between $5K and $100K are pretty minimal.

  • Minimum of 6 months in business
  • At least $6,000 revenue per month
  • You must be a New Zealand based company 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 past six months

Are you looking for additional funding? Review the eligibility requirements for our $100K to $500K business loan.

Here's How Other People Have Benefited

Examples of Business Loans

With the busy Christmas season fast approaching, a clothes store needed working capital to purchase more inventory and to take advantage of discounts offered by suppliers. They took out a loan of $20K over a period of 12 months without security of assets required. They received the funds in less than 24 hours.
Clothing Store
A designer for interiors had seen an opportunity to increase the size of their company and required working capital to finance the expansion. With an annual revenue of $300K they borrowed $250K over 24 months. The turnaround time was only two days and all they had to present is 12 months' worth of Bank statements IRD confirmation, IRD confirmation and trust deed.
Interior Designer
A plumber who's had business for three years with 80K in monthly sales was in require of more funds. They borrowed $153K over the course of 36 months. All that was needed was 12 months of bank statement and confirmation of their status with IRD. The process was completed within a day and the plumber had their extra working capital in ther account within a short time.
Plumber
A gym that had been operating for over three years decided to increase its size and needed more equipment. With a monthly income of $37K, they borrowed$72K over a 24 month period. No security was needed to secure the loan. It was settled in only 24 hours.
Gym
The proprietor of a small grocery store that earned $70K per month borrowed $76K over a 24-month term , without making any repayments during the initial 4 weeks. This was contingent on 12 months of bank statements. The turnaround time was only 6 hours from the time of application until receiving the funds.
Grocery Store Small Business Loan
Simple eligibility checklist

Larger Redcliffe Business Loan Eligibility Criteria

The eligibility requirements of larger Redcliffe company loans of between $100K and $500K include:

  • Minimum of 3 years in business
  • At least $700K of annual income
  • You must be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Drivers Licence or Passport for identification proof
  • Have a New Zealand bank as your main trading account
  • Bank statements for the last 6 months
  • Some financial statements such and Profit & Loss as well as Aged Accounts Payable and Receivable

Do you require a smaller amount of funds? Find out the conditions for eligibility for our $5K to $100K Redcliffe unsecured company loans.

Business Lending for a Cash Injection

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

A Redcliffe unsecured loan is perfect to use for any company use. Call us now.

  • Expand or renovate the commercial space
  • Staff expansion for busy times
  • Boost stock levels to keep pace with demand
  • Make a brand new website or enhance your marketing
  • Put money into new equipment, tools or the latest technology
  • Make sure you have extra stock on hand to meet seasonal demand
  • Manage cash flow fluctuations
  • Plus lots more …

Do you want to start working on one of these as soon as tomorrow? Then get in touch with us today or send an application online to get the fastest and most efficient process.

Quick application checklist

What do you need to apply

All that’s needed for starting is your contact information (company name, your name, email or phone number) as well as the amount you want to borrow, and your monthly income.

Through the process and before settlement we’ll require confirmation of who you are but not for starting:

  • Details of the Idenfication (valid Driver’s Licence)
  • Business information including trading times as well as ownership information and NZBN (New Zealand Business Number)

Once we’ve started in the process, for loans that exceed $150,000, you’ll also need fundamental financial statements:

  • P&L statement
  • Aged payables
  • Aged receivables

Let’s get started now.

 

Here's How Others Have Benefited

Examples of Business Loans

The owner of a small supermarket that was making $70K a month borrowed $76K over a 24-month period with no repayments during the initial 4 weeks. This required 12 months of bank statements. The turn around time was 6 hours from submitting the application to receiving the funds.
Grocery Store Small Business Loan
A restaurant owner wanted to open a second location and needed funds for the installation. The bank they approached wasn't interested in helping. Their typical monthly earnings was $50K. They were able borrow $66K for 24 months. The turnaround time was just 8 hours.
Restaurant Owner
An interior designer had noticed an opportunity to increase the size of their business and required working capital to finance the expansion. With an annual revenue of $300K they took out a loan of $250K for 24 months. The turnaround time was just 2 days and all they needed for them to provide was 12 months of bank statements IRD confirmation, IRD confirmation and their trust deed.
Interior Designer
When they purchased a pizza shop and 2 liquor stores six to 12 months earlier, the new owners were seeking additional funds. The combined revenue was over $500K per month and they were able to obtain $300K. The loan was split into $100K per store on a mix of 24 and 36 month terms. No security over the owners houses was required.
Owner of a Pizza Store & 2 Liquor Stores
With the busy holiday season nearing, a clothing store required additional working capital to purchase more stock and also benefit from a supplier discount. They were able to borrow $20K for 12 months with no asset security required and had the funds within 24 hours.
Clothing Store

Unsecured Business Loan Redcliffe QLD 4020

The lending landscape has changed

With traditional lenders and banks restricting credit The steady flow of alternative and non-bank loan providers entering the market provides an incredible source to access.

Redcliffe SME’s are now being able to get finance from alternate lenders servicing Redcliffe who are focused on facilitating company expansion or smoothing problems with cash flow. In the past, individual credit providers (drawing equity from the house loan, or by using credit cards and personal loans as well as loans) was the sole alternative financing services available in Redcliffe that were available.

There’s not a requirement to depend on the real estate market to secure business loans. With an unsecured loan business funding is made simple. Instead of a traditional term loan from banks, business finance for a small company with interest rates and loan terms that aid in cash flow are around as business loan options.

 

 

High level summary

Separate personal and business debt

There are substantial benefits associated in separating personal from business debt.

  • Your home, or other investment properties, aren’t held in order to access funds
  • This business will be in stronger position to establish its own, clear credit history
  • It’s substantially more seamless during tax time
  • Businesses can easily assess, monitor and plan based on being able to easily assess their cash flow position

Limit your exposure, make your tax time more simple, apply for an unsecure busines loan. Get it today.

For those who like the detail

Separate personal and business debt

Risk

The main benefit of keeping your private and business assets separate is that your home does not have to be tied for access to the money. In the case of a business loan within Redcliffe up to $100K asset security won’t be required as long as the borrower fulfills their loan obligations.

Credit history

Businesses will be in a favourable long-term position if they have a good credit or debt capability.

Tax

A separation between personal and company finances makes it much more seamless when it comes to tax time - especially when it comes to determining the tax-deductible amount. The IRD has outlined the guidelines for the documentation required in order to deduct deductions from an individual’s tax return. This is an area the IRD has advised specifically on.

Cash flow

A well-organised cash flow management system is crucial to the longevity of any business. By keeping your personal finances and business finances separate, companies can easily view, monitor and plan based on the ability to effectively examine their cash flow.

I'm now able to go on an extended vacation knowing that it is safe knowing that Redcliffe company will run effortlessly.
Local Business Owner
Business loans, especially those that are unsecured business loan or line of credit to business funding require never be an stressfull procedure. Finance for a company in the shape in the form of small business loans at a fixed interest rate cost, and with a repayment term that fits your business financial needs.
Business Lenders for Business Goals
I am now able to make the coffee I serve my customers with the best equipment.
Cafe Owner
An easy loan application process with a huge amount of borrowing capacity, a low requirements for credit, and there is no need to provide a business plan. Don't use your personal credit card or business credit cards in order to fund your business.
Unsecured Loans Made Simple
I'm able get my tax back on track.
Small Business Owner
Business credit rates and repayment terms, as well as flexible repayment options that can be tailored to your company needs.
Business Lending Options
I can now hire an professional marketer to help me take my business to the next step of business growth.
Growing Business
I can now fund the remodel of our brand fresh Redcliffe resturant without having to borrow cash from other resturants.
Redcliffe Resturant Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

More about the Redcliffe Small Business Loans

Tell me more about Redcliffe Small Business Loans

Redcliffe unsecured loans provides amounts between $5,000 and $100,000. Terms range from 3 and 24 months. They also offer cash flow friendly repayments that are either daily or weekly.

What is this Unsecured Loan different from the traditional company loan?

You can apply to get this Small Business Loan in under 10 minutes via the internet or over the phone. You’ll get a same day response and the money could be in your account in 24 hours. Traditional company loans have an annual rate of interest along with other charges and fees. Our company loan is a loan that is priced upfront therefore you’ll know ahead of time the total amount payable including any interest, fees or charges. Then, it is divided into a daily or weekly installment amount.

What could be the Small Business Loan be used for?

It is a Small Business Loan can be used for virtually any company purpose including control of cash flow company remodels and marketing to purchase inventory, new equipment, or as general working capital, and much more. The loan is not available to fund personal expenses.

About larger Redcliffe Business Loans

What is the Larger Redcliffe Business Loan?

The Larger Business Loan is a larger loan size to support company growth opportunities. Loans range between $100,000 and $500,000 for a fixed period of that can last up to 36 months. The repayments are made weekly or fortnightly in order to accommodate your cash flow.

How is the Origination Fee calculated?

This Larger Business Loan has an Origination Fee which is calculated at 2.5% of the amount of the loan.

Do I qualify for the Larger Business Loan?

To be eligible for a credit that is this large, your company needs to be operating for at least three years, and have an annual income of at least $700,000. It is necessary to be a New Zealand Citizen (or Permanent Resident) who is over the age of 18 and have a New Zealand company (with a valid NZBN/IRD) and be able demonstrate at least 12 months of trading.

What can the funding be used for?

A large company loan can be used to fund almost all business purpose including company renovations, purchase of inventory or new equipment for general working capital, and much more. The loan is not available to fund personal expenses.

Is the Larger Business Loan one that is secured?

Asset security is needed to obtain funding above $150,000. This is by way of charge over assets, which could also include registration in the PPSR or the registration of a caveat.

A director’s or personal ensure is a commitment to repay a loan which is general in nature, rather than stating the security for a particular asset. The person who signs the guarantee is personally accountable if the business creditor is unable to make the repayment.

The Personal Property Securities Register (PPSR) is an online, central register operated by the New Zealand Government. It contains security interests registered in respect of personal property (including goods or assets). The PPSR permits priority over personal property to be granted according to the date the security interest that is registered.

A caveat is a legal document that is filed to offer the public notice of a legal claim to a property.

What exactly is a preapproval without Credit Check?

If you’re seeking larger business loans of more than $250,000 we may be able to provide 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. This pre-approval is made based on a preliminary assessment which includes the answer to a series of financial well-being checks. It is in no way an offer, nor is it a guarantee of finance. Unconditional approval is subject to an extensive credit evaluation and any offer that you may receive may be on different conditions.

The application process

Do I have the right to receive funds?

You may apply for a business loan if you

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

How do I apply?

The application process is quick and simple. Just fill out the online application within a few minutes and a dedicated business credit specialist will be in touch to help you.

To apply for up $100,000 you’ll require ID details (valid Driver’s Licence), a valid NZBN/IRD and at least 6 months of bank statements.

For larger loan sizes, you’ll need:

$100K to $250K: Information about the application including credit consent, 6-12 months of bank statements, IRD statement (if the loan is greater than $150K).
$250K to $500K: Information on the application including credit consent, 12 months bank statement, an IRD statements and the last two years’ finalised financial statements, plus interim financials for the current financial year as well as Aged Payables and Receivables summaries.

How fast will I get an answer?

For an unsecured loan ($5K or more) we usually provide a response in one hour if you apply at standard company timings and allow us to use the advanced bank verification system link to immediately verify your bank account information online. If you choose to upload copies of your banking statements we can offer an answer in just one business day.

If you are applying for a Larger Business Loan ($100K and up) we might be in a position to provide the conditional pre-approval in about 6 hours. After you’ve signed your pre-approval, turnaround times are around 2-3 days for final approval. However, this could be shorter based on the specifics of each application. Some transactions have received approval within less than 24 hours.

The quickest way to apply would be to ensure you apply during normal business hours and let us use the modern bank verification link to instantly check your bank’s information online. If you opt to send us duplicates of your banking statements , it will take a little longer.

How fast will I get the cash?

For the Small Business Loan ($5K and up) we usually offer an answer in just one hour if you submit your request at standard business times and permit us to use the advanced bank verification system to instantly verify your bank information online. If you choose to submit copies of your bank statement, we’ll offer a decision in as little as an business day.

If you are applying for Larger Business Loans ($100K or more) We may be likely to offer you with conditional pre-approval within six hours. Once you’ve signed the pre-approval form, it will take approximately 2-3 days to receive final approval, however this could be shorter based on the particular circumstances of each application. Certain transactions have received approval in just 24 hours.

The most efficient method would be to make sure you apply during standard business hours and permit us to use the sophisticated bank verification to confirm your bank details online. If you opt to upload the copies of bank statements it will take a little longer.

What’s the minimum amount I can borrow?

We offer loans that range from $5,000 to $500,000. If you apply for a particular amount, we look at a variety of elements that determine the health of the company and the amount of the repayments your business is able to afford. The total amount of your loan will be contingent on the particular circumstances the company.

When you make an application for a set amount, we look at a range of elements to determine your health for your company and the amount of repayments your company can support. The total amount of the loan will be determined by the specifics for your company.

Fees & repayments

What is the cost for a business loan?

When you request the business financing, we’ll assess the risk profile of your company and offer you with a tailored offer including the amount of loan, the term and interest rates. The business loan is an upfront-priced loan therefore you will be aware of the total amount to be paid, including any charges, interest rates or fees.

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

Interest rates for business loans rates depend on several factors such as the amount that is that is borrowed, what company assets the money will be used for, the industry the company is in, how long the company has been running, how long the business has sufficient cash flow to fund the loan, and general well-being or financial standing of the company.

What are the costs?

There aren’t any hidden charges with our business loans, and you’ll know precisely what you need to pay, and at what time, from day one. There’s not any compounding interest and no extra fees (as as you make your payments punctually).

We don’t charge an Application Fee. You can make an application for loans with no cost upfront or any obligation to sign up.

The Origination Fee covers the costs associated with establishing and managing the loan. This is only a fee if you decide to take the loan. Our Origination Fee is 2.5 percentage of the loan amount.

Can I pay off the loan early?

You may choose to pay back the total amount of your loan in full at any time.

If you are deciding to pursue this option, please call our helpful business loans professionals. They’ll provide you with details on repayment and an early payout figure. This is calculated as the sum of the principal remaining plus any accrued interest as of the time of early payment and 1.5 percent of the principal remaining and any fees that remain unpaid.

What is the process for repayments?

To help you avoid missing payment dates and to align with your cash flow standard, we provide payments that are either daily or weekly. These are automatically withdrawn from your designated company account.

Security & privacy

Will my data be protected?

The security of your personal information, as well as knowing how we collect the information we collect, use, share and ensure the security of your information is of paramount importance and is an essential part of our relationship you.

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

Yes. We employ industry-recognised encryption protocols to safeguard your sensitive, personal as well as financial data. Our funders are ISO 27001 qualified for our commitment to the security of our customers as well as their security. We employ an exceptionally sophisticated bank verification system link to immediately verify your bank account information online so we can provide a fast response.

About business loans

What’s an asset-based borrow (a secured loan)?

Asset-based borrowing occurs when an company owner utilises an asset that they own to get the funds for a loan. The asset could be a personal asset like the family home or a business asset like a truck as well as a piece of machine.

The majority of lending institutions, even the big banks, tend to guarantee loans against an asset. If you have trouble paying back the loan, then the asset could be transferred to the lender. In essence, it is an opportunity to secure new financing taking advantage of the value of what you already have.

Should I need security to secure an company loan?

For loans up to $150,000 there is no requirement for asset security in advance to gain access to the funds however, we do require the personal guarantee. In the event that you fulfill your loan commitments (as detailed in your loan contract) the security of assets will never be needed. If you take out loans in excess of $150,000 generally, you are able to get personal ensure and security that is in the form the charge of assets.

Industries we currently aren't able to help with

  • Anything adult industry related
  • Auction houses & auction websites
  • Debt collection companies & debt purchasers
  • Direct marketers such as fundraising, telemarketing, mail order, direct-mail etc
  • Finance institutions & lenders
  • {Firearm related businesses
  • Foreign currency exchange solutions
  • Freight forwarding & customs clearing houses
  • Gambling related industries
  • Not-for-profit organisations such as charities and churches etc.
  • Panel beaters & smash repairers
  • Pawn shops or pawnbrokers
  • Property development
  • Stockbrokers, shares andinvesment businesses
  • Tattoo palours
  • Ridesharing & taxi services
  • Entertainment sales or ticket resellers
  • Towing services
  • Used car dealerships
  • Automotive glass tintingfirms
  • Car wrecking yards

Although we can’t help with an unsecured business loan for these 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

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1300 931 913