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Business Loan

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Are you purchasing a new business or
franchise, or need capital to invest in a current business?

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​FAQ for Business Loan Applicant(s)​

  • How long have you been in business?
  • What is your business plan and strategy?
  • What is your monthly revenue?
  • What will the funds be used for?
  • How will the business be affected if you don't receive the funds?

How much can I borrow on a Business Loan?
​What is a Business loan repayment term like?

If the business acts as a security, bank and non-bank lenders will lend maximum 50% of the value of the business or purchase price of the business excluding GST. Most business loans have a repayment period between 5-6 years and their interest rates are usually 3-4% higher than standard home loan rates. If you have borrowed some money to utilise in the business by offering a residential property in security, lenders generally lend maximum 80% (Owner occupied) or 70% (Investment) of the value of the asset being offered as security.

What documentation do I need for a Business Loan?

  • Evidence of business's financial performance and history such as profit & loss statement and assets and liabilities statement prepared by a Chartered Account.
  • Business Sale and Purchase Agreement.
  • Copy of the Lease Agreement if business is going to operate out a commercial premises. 

What can a working capital loan be used for? 

  • Employ additional resources.
  • Purchase inventory.
  • Cover payroll.
  • Day to day operational costs. 
  • Marketing. 
  • Unexpected expenses.

Our office :

North Shore:

​Block 5D, 331 Rosedale Road, Albany 0632



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City: 
Level 8, 44 Anzac Ave, Auckland CBD 1010  (Appointment Only)

                    Our hours :

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  • HOME
  • About
  • Contact
  • Services
  • TOOL
    • CALCULATOR
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