Every business starts somewhere. Here at The Lending Room, we’re passionate about helping Kiwis make the most of their business opportunities in these times of uncertainty, and are able to offer business loans up to the value of $500,000*. If your small business needs a boost or helping hand, we have business loan finance options that could help you.

We can offer business loans that are designed specifically for SMEs, that will be vital in driving the New Zealand economy in a post COVID environment. While they are often less visible than the bigger brands, small businesses are a major source of employment and wealth generation and we are passionate about getting behind them.

The nature of small businesses, where almost everyone is very hands-on, means they often look for flexible short-term loans that are particularly suited to their situation.

To qualify for a business loan you need to show a track record of financial performance in the business or in your career and present a business plan that demonstrates your ability to service the loan.

A Few Things To Know

Business Loans

How much can I borrow on a Business Loan?

We can offer loan amounts between $5,000 and $500,000, with funding possible within 24 hours. When you apply for a specific amount we will take in to account a number of factors to determine the health of your business and the repayments you can comfortably support. The loan amount and terms will be tailored to meet the specific circumstances of you and your business.

Business Loan repayment terms

The loan term offered will be tailored to suit the needs of yourself and your business. These can vary from 6 to 60 months. Most business loans have a repayment period between 48 to 60 months. Suppose you have borrowed some money to utilise in the business by offering residential property as security. In that case, the funds secured against this property may have a repayment period of up to 30 years.

Business Loan Repayment Options

We endeavour to provide our clients with flexibility regarding their repayments, whether it be daily, weekly, fortnightly or monthly payments to fit within your cash flow cycle. So you can create an automatic transfer from your nominated business account, and never have to worry about upcoming payments again. You’ll also receive a tailored interest rate, depending on factors like the financial situation and credit history of your business. Top up’s and early payout options are also available to approved borrowers.

Business Loan Options

To qualify for a business loan you need to show a track record of financial performance with your business and have been operating for a minimum of six months.

Secured Business Loans

Refinance Business Loans

Secured Business Loans

What is a secured Business loan?

Here at The Lending Room, we have extensive experience finding unsecured business loans for companies in a range of industries and a range of different needs. A secured loan gives you more options and better rates. All you need is a car or property to offer as security. Learn more today about how we can help you and your business.

Apply for a secured business loan today

Refinance Business Loans

What is a Refinance Business Loan?

Refinancing a loan allows the borrower to replace their current debt obligation with one that has more favourable terms. Through this process, a borrower takes out a new loan to pay off their existing debt, and the terms of the old loan are replaced by the updated agreement. If this sounds like something you and your business could benefit from, feel free to get in touch with our team to discuss your options today.

Apply for a refinance business loan today

What Documentation Do I Need for a Business Loan?

  1. Six months business banking statements.
  2. Evidence of your business’s financial performance and history, such as your current financial statements.
  3. Valid Photo ID for the Director/s