Unsecured Business Loans Viewbank VIC

In The Next Few Hours, You Could Be Getting Ready For Success By ObtainingThe Help Of a Viewbank Business Loan

Unsecured Business Loans Viewbank

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

  • Are additional funds able to help your business with working capital or to take advantage of the potential for growth?
  • What is the financing strategy you are using to fund your business needs?

What to expect:

  • It’s easy to apply and receive approval and cash as quickly as tomorrow
  • There is no option to remittances in the first four weeks
  • From $5k to $500K in loans
  • Terms from three to thirty-six months
  • Competitive rates of interest rates
  • Minimal docs needed

The eligibility requirements for an unsecured business loan within Viewbank are fairly minimal.

Call Now 1300 931 835
A simple loan application process with a generous limit on borrowing, no requirements for credit and there is no requirement to create a business plan. Do not use your personal credit card and business credit card to finance your company.
Unsecured Loans Made Simple
I am now able to make beverages for customers using the very best equipment.
Cafe Owner
I can now fund the construction of our fresh Viewbank resturant without having draw cash from other restaurants.
Viewbank Resturant Owner
I can now take time off knowing that my Viewbank company will run well.
Local Business Owner
Business loans with interest rates and repayment terms as well as flexible repayment options to suit you business needs.
Business Lending Options
I can get my tax back on track.
Small Business Owner
Business loans, in particular those that are unsecured business loan or line of credit to business funding require not be a stressfull procedure. Business finance is in the form in the form of small business loans at an interest rate and repayment period which is compatible with your business budget.
Business Lenders for Business Goals
I'm now able hire a marketing expert to boost my business to the next step.
Growing Viewbank Business
Unsecured Business Loan Service Provider

Fast Approval Process

The process of applying for business loans in Viewbank business financing for company in Viewbank with us is easy and takes just less than a minute, with no piles of paperwork or long waits.

Be approved and receive your money within one to two company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We want to assist Viewbank companies of all kinds, including medium, small and even solopreneurs access money quickly, so that they can utilise the loan to build and expand their business.

  • It all starts with a simple online application or a phone call
  • Flexible terms for repayment to fit your company
  • Quick funding in a day or two
  • We want for you as well as your business to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The criteria for eligibility for an unsecured business loan in Viewbank of between $5K to $100K are quite minimal.

  • A minimum of six months in business
  • At least $6,000 of revenue per month
  • You must be a New Zealand based company with a New Zealand Business Number (NZBN)
  • Drivers Licence or Passport for proof of identity
  • Make sure you have a New Zealand bank as your main trading account
  • Bank statements from the previous six months

Are you looking for additional funding? Check out the conditions of eligibility for our $100K to $500K business financing.

Here's How Others Have Benefited

Examples of Business Loans

With the busy holiday season nearing, a clothing store required additional working capital to purchase more stock and take advantage of a supplier discount. They borrowed $20K over 12 months without security of assets required. They received the funds in less than 24 hours.
Clothing Store
A gym that had been running for more than three years, was planning to expand and needed additional equipment. With an average monthly revenue of $37K they borrowed $72K over a month period. The loan was not secured and the loan was ready to go in just 24 hours.
Gym
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 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
A business coach was looking to invest in a well-being as well as beauty business. With a little over $12K in monthly revenue the business was able to borrow $24K over 24 months. This only required twelve months worth of statements and was completed in less than 8 hours.
Business Coach
Following the purchase of a pizza place and two liquor stores six to 12 months earlier the new owners were seeking more funds. The combined revenue was over $500k per month. They were able to obtain $300K, split out as $100K per store on the option of 24- and 36 months. There was no security on the owners' houses was needed.
Owner of a Pizza Store & 2 Liquor Stores
Simple eligibility checklist

Larger Viewbank Business Loan Eligibility Criteria

The requirements for eligibility for loans from larger Viewbank company loans of between $100K and $500K are:

  • A minimum of 3 years of business
  • A minimum of $700K annually in revenue
  • Be a New Zealand based business with an New Zealand Business Number (NZBN)
  • Passport or
  • Driver’s License to serve as evidence of identity
  • Make sure you have an account at a New Zealand bank as your primary account for trading
  • Bank statements from the past six months
  • Certain financial statements include Profit & Loss, and aged accounts Payable and Receivable

Looking for a smaller amount of funds? Take a look at the guidelines for eligibility for our $5K-$100K Viewbank unsecured company loans.

Business Lending for a Cash Injection

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

A Viewbank unsecured loan is ideal for almost every company purpose. Get in touch with us today.

  • Renovate or expand the commercial space
  • Grow the team during busy times
  • Grow stock quantities to keep up with demand
  • Build a new website or increase your marketing
  • Make sure you invest in new equipment, tools or new technologies
  • Purchase extra stock to cover the seasonal demand
  • Manage cash flow fluctuations
  • Plus lots more …

Want to get started on one of these projects as soon as tomorrow? Get in touch with us now or apply online for the quickjest fasted way.

Quick application checklist

What do you need to apply

All that’s required to get started is your contact details (company name, your name, email or phone number) as well as the amount you’d like to borrow and your monthly income.

While in the process and before settlement we’ll need confirmation of who you are, but not before we can begin:

  • Information on Idenfication (valid Driver’s Licence)
  • Details of the company including time of trading, ownership details , and NZBN (New Zealand Business Number)

After we start, for loans of more than $150,000 you will also require basic financial statements.

  • P&L statement
  • Aged payables
  • Aged receivables

Let’s get started.

 

Here's How Others Have Benefited

Examples of Business Loans

The busy Christmas season was fast approaching, a clothes store required working capital in order to finance additional inventory and benefit from discounts from suppliers. They were able to borrow $20K for 12 months, with no collateral for their assets, and they had the funds in less than 24 hours.
Clothing Store
Following the purchase of a pizza shop and two liquor stores six to 12 months earlier, the new owners needed additional cash. The combined revenue was over $500K per month . The owners were able to obtain $300K and split it into $100K for each store using a mix of 24 and 36 month terms. No security over the owners homes was required.
Owner of a Pizza Store & 2 Liquor Stores
A gym that had been operating for over three years was looking to expand and was in need of additional equipment. With a monthly income of $37K, they borrowed $72K over a 24- month period. The loan was not secured and the loan was ready to go in just 24 hours.
Gym
A company coach was seeking to invest in an health and beauty business. With just a little more than twelve thousand dollars in monthly income, they borrowed $24K over 24 months. The loan was based on 12-month bank statements and was done in 8 hours.
Business Coach
An interior designer saw an opportunity to increase the size of their company and required working capital to finance the growth. With a monthly revenue of $300K they borrowed $250K over 24 months. The time to turn around for them was only two days and all they had for them to present was 12 months of bank statements, IRD confirmation, and their trust deed.
Interior Designer

Unsecured Business Loan Viewbank VIC 3084

The lending landscape has changed

In the wake of traditional lenders and banks tightening their credit terms and the constant stream of non-bank and alternative loan providers entering the market offers an excellent source for you to make use of.

Viewbank SME’s are now capable of accessing finance through alternate lenders servicing Viewbank who are focused on enabling company growth or smoothing out cash flow challenges. In the past, when individual credit providers (drawing equity from the house loan or credit cards or personal loans, as well as overdrafts) were the only alternative funding services for Viewbank that were around.

There is now not a requirement in the present to depend on real estate to secure business credit. With an unsecured loan, business financing is easy. Instead of a traditional term loan from banks, business finance for a small business with interest rates and loan terms that aid in cash flow are around as business credit options.

 

 

High level summary

Separate personal and business debt

There are substantial benefits associated by separating personal and company debt.

  • Your home or other investments, aren’t tied up for the purpose of accessing funds
  • This company stands in much better place to develop its own, clear credit history
  • It’s significantly more straightforward when it comes to tax time
  • Companies can quickly view, monitor and plan based on their ability to clearly examine their cash flow status

Reduce your risk, make your tax time much easier. Get started with an unsecured busines loan. Get it today.

For those who like the detail

Separate personal and business debt

Risk

One of the main benefits of keeping your business and personal business assets separate can be that your house isn’t tied to access the funds. For a small business loan in Viewbank up to $100K, asset security will not be required so long as the borrower fulfills their loan obligations.

Credit history

Businesses are in a more stable long-term position when they can demonstrate good credit/debt ability to service.

Tax

A separation between personal and business financial accounts makes it more seamless in the event of tax time - particularly when determining the tax-deductible allocation. The IRD has set out the guidelines for the documentation required for claiming deductions on the tax return of a company. This is an area the IRD has advised specifically on.

Cash flow

Effective management of cash flows is essential to the longevity for any company. Through keeping your personal finances and business finances distinct, businesses can easily view, monitor and plan based on the ability to clearly examine their cash flow.

I'm now able to hire a marketing professional to increase the success of my business to the next stage of business growth.
Growing Business
Business loans, particularly those that are unsecured business loan or line of credit to business funding need have no stressful procedure. Finance for a business in the shape of small business loans that have an interest rate cost, and with a repayment period which is compatible with the needs of your company budget.
Business Lenders for Business Goals
I'm able get my tax back to keep me on track.
Small Business Owner
Business loan interest rates and repayment terms as well as flexible repayment options to fit the needs of your business needs.
Business Lending Options
I can now fund the fitout of our modern Viewbank resturant without having to borrow cash from other resturants.
Viewbank Resturant Owner
Simple loan application procedure with a large amount of borrowing capacity, a low requirements for credit, and there is no requirement to create a business plan. Do not use your personal credit card and business credit cards in order to fund your business.
Unsecured Loans Made Simple
I can now make coffee for my clients using the best equipment.
Cafe Owner
I can now take a holiday knowing my Viewbank business will run smoothly.
Local Business Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

More about the Viewbank Small Business Loans

Tell me how you can avail the Viewbank Small Business Loans

Viewbank unsecured loans offers the range of $5,000 to $100,000 with terms between 3 and 24 months. They also offer cash flow friendly repayments that are either per day or weekly.

What makes what makes the Unsecured Loan different from an ordinary company loan?

Apply for your Small Business Loan in under 10 minutes online or over the phone. You’ll get an instant response and funds may be in your account within 24 hours. Traditional business loans refer to an annual rate of interest as well as other fees and charges. We offer a business loan is an upfront priced loan and you’ll know in advance the total amount due, which includes the interest, fees and charges. This is then divided into a daily or weekly payment amount.

What can you use the Small Business Loan be used for?

It is a Small Business Loan can be used for almost every company need, such as control of cash flow business remodeling, marketing to purchase inventory or new equipment, or as general working capital, and much more. The loan is not available to fund personal expenses.

About the Larger Viewbank Business Loans

What is the Larger Viewbank Business Loan?

The Larger Business Loan is a larger amount of loan to help business expansion opportunities. Loans range between $100,000 and $500,000 for a fixed period of for up to 36 months. Repayments are scheduled weekly or fortnightly in order to accommodate your cash flow.

How is the Origination Fee calculated?

A Larger Business Loan has an Origination Fee that is determined at 2.5% of the loan amount.

Can I get the Larger Business Loan?

To qualify for a loan of this size the company needs to be trading for at least 3 years and generate an annual revenue of $700,000. It is necessary to be a New Zealand Citizen (or Permanent Resident) who is over the age of 18, own 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 business loan can be used for nearly any company use, including business remodeling, buying inventory or new equipment as well as for general working capital and so much more. The loan cannot be used for personal purposes.

Is the Larger Business Loan a secured loan?

Asset security is needed for accessing funds over $150,000. This can be done by way of charge against assets, and could include registering this in the PPSR or the registration of as a caveat.

A director’s or personal guarantee is a commitment to repay a loan which is generally in nature rather than defining security over a particular asset. The person signing the guarantee is personally responsible if the company lender is not able to repay the debt.

The Personal Property Securities Register (PPSR) is an online, central register operated by the New Zealand Government. It contains security interests that are registered for personal property (including objects or assets). The PPSR permits prioritisation over property that is personal to be assigned in accordance with the date on which a registration of a security interest.

Caveats are legal document lodged to provide an official notice of a claim on a property.

What is a pre-approval without Credit Check?

When you’re applying for an enterprise loan that exceeds $250,000 it is possible to offer an initial pre-approval that will help smooth out the process. It is possible to make this decision without credit checks and within 6 hours of your initial application. The pre-approval process is based on a preliminary assessment which includes you answering a few financial well-being checks. It’s in no way an offer, nor is it a guarantee of credit. The approval of a conditional loan is subject to an exhaustive credit evaluation, and any offer you may receive may be based on different conditions.

Application process

Are I eligible for funding?

You are eligible to apply for a company loan if you

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

How do I apply?

The application process is simple and simple. Just fill out the online application within a few minutes and an experienced business lending specialist will be in touch to guide you through the process.

For a loan of up to $100,000 you’ll need identification details (valid Driver’s License) as well as an active NZBN/IRD, and at least six months of bank statements.

Otherwise, for larger loan sizes, you’ll need:

$100K to $250K: Application requirements, including credit consent, 6 – 12 months of bank statements, IRD statement (if loan above $150K).
$250K – $500K: Details of the application, including credit consent, 12 months bank statement, an IRD statements and the last two years’ finalised financial statements, in addition to interim current financial year financials as well as Aged Payables and Receivables Summary.

What speed will I be able to get a decision?

For an unsecured loan ($5K and up) We can usually offer an answer in just one hour – as long as you make your application in quality business hours and allow us to use the advanced bank verification system link to instantly verify your bank information online. If you want to upload copies of your bank statements , we will be able to provide a decision within just an company day.

If you are applying for a Larger Business Loan ($100K up to $500,000) we could be capable of provide the conditional pre-approval within six hours. After you’ve signed your pre-approval document, you will require to wait approximately 2-3 days to receive final approval. However, this can be quicker based upon the circumstances for each application. Certain offers have been approved within less than 24 hours.

The quickest way to apply would be to make sure you apply during standard business hours and allow us to use our advance bank verification link to verify your bank information online. If you choose to upload the copies of bank statements , it may take a bit longer.

What is the time frame to receive the money?

For the Small Business Loan ($5K up to $100,000) we usually offer an answer within one hour, provided you apply at normal business times and let us use the advanced bank verification system to instantly verify your bank’s information online. If you decide to send us copies of your bank statements, we will be able to provide an answer in as little as an business day.

If you are applying for Larger Business Loans ($100K or more) We may be in a position to provide you with pre-approval conditional to your application within six hours. After 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 agreements have been approved in the space of 24 hours.

The quickest method can be make sure you apply during normal business hours. You can also let us use the advanced bank verification system link to verify your bank information online. If you send us copies of your bank accounts, it may take a bit longer.

How much can I borrow?

We offer loans ranging from $5,000 and $500,000. If you apply for a specific amount we look at a variety of variables that determine how much we can lend you health that is your business and the amount of payments your business is able to afford. The total amount of your loan will depend on the specific circumstances of your company.

When you apply for a set amount, we will consider a number of variables to determine the well-being for your business and the amount of payments your business can afford. The total amount of your loan will be contingent on the particulars of your company.

Fees & repayments

How do you charge for the cost of a company loan?

When you apply for business loans with us company credit, we will assess the risk assessment of your company and provide you with a customised offer, including the amount of the loan, the duration and the interest rates. It is a company loan is an upfront priced loan which means you be aware in advance of the total amount you will have to pay, including charges, interest rates or fees.

What determines the rate that I’m charged?

Business loan interest rates differ based on various factors like the amount of money that is borrowed, what company assets the money will be used for and the sector the business operates in, how long the business has been in operation, in the event that the company has enough cash flow to support the loan, as well as the general well-being or creditworthiness of the company.

What are the fees?

There are no hidden fees for our company loans, and you’ll know precisely what it is that you be required to pay, and when, right from day one. There’s no compounding interest, and no extra fees (as long as you make your payments on time).

We don’t charge an Application Fee. You are able to get a cash loan with with no upfront cost or obligation to proceed.

The Origination Fee is the cost associated with the setting up and management of 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.

Can I pay off the loan in advance?

You can repay the entire amount of your loan at any point in time.

If you do decide to pursue this option, please talk to one of our helpful business credit experts. The specialists will provide you with repayment details and an early payout figure. This will be calculated as the sum of the principal balance and accrued interest to the time of the early payout in addition to 1.5% of the principal balance and any outstanding fees.

What are the repayment methods?

To make sure that you don’t miss repayments and to fit in your cash flow schedule, we provide repayments either weekly or daily. They will be automatically deducted from your designated business account.

Security & privacy

Will my data be protected?

Security of your data, and being clear about how we collect information, use it, and exchange it, as well as secure your information, is crucial and is an essential part of our relationship with you.

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

Yes. We employ industry-recognised encryption standards to protect your personal, sensitive and financial data and our funders are ISO 27001 qualified for our dedication to the security of our customers as well as their privacy. We utilise a sophisticated bank verification system that allows you to immediately verify your bank account details online to offer a fast response.

About business loans

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

Asset-based borrowing occurs when a business owner uses the assets they have to obtain the funding. The asset can be an individual property, such as the family home or a business property like a truck or other piece of machinery.

The vast majority of lending institutions, even the largest banks, are inclined to guarantee loans against an asset. If you’re having trouble paying back the loan, the asset could be taken over by the lender. In essence it is the process of securing new financing taking advantage of the value of what you already have.

What do I need security to secure an company loan?

For loans up to $150,000 there is no requirement for asset security prior to the loan’s access, however we do need a personal guarantee. If you adhere to your loan obligations (as stated in your loan contract document) and you are able to meet your obligations, asset security is not needed. For loans over $150,000 generally, you can get an individual guarantee and security in the form of an asset charge.

Industries we currently aren't able to help with

  • Anything adult industry related
  • Auction websites or auction houses
  • Debt purchasers & debt collection companies
  • Direct marketing including fundraising, telemarketing, mail order, direct-mail etc.
  • Finance institutions & lenders
  • {Firearm businesses
  • Foreign currency exchange offerings
  • Customs clearing houses & freight forwarding
  • Gambling related industries
  • Not-for-profit organisations, charities and churches etc.
  • Smash repairers or panel beaters
  • Pawnbrokers and pawn shops
  • Property developers
  • Shares, stockbrokers or investment businesses
  • Tattoo palours
  • Taxi & ride-sharing services
  • Entertainment sales & ticket resellers
  • Tow truck services
  • Secondhand automotive dealers
  • Vehicle glass tintingservices
  • Automotive dismantlers

While we aren’t able to help with an unsecure business loan for these types of industries, we may be able assist with a secured business loan.

Melbourne Small Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

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1300 931 835