Unsecured Business Loans East Brisbane QLD

Today, You'll Be On The Right Track To Success WithThe Help Of an East Brisbane Business Loan

Unsecured Business Loans East Brisbane

An East Brisbane unsecured business loan is simple and quick to get. Approve your loan in a matter of minutes and begin using the money for your company.

  • Are additional funds able to help your company by allowing you to work capital or in achieving an opportunity to grow?
  • What is the financing strategy you are using to fund your company needs?

What to expect:

  • Easy process to fill out and receive approval and money as early as tomorrow
  • Optionally no reayments in the initial 4 weeks
  • Amount of loan from $5k up to $500K
  • Terms ranging from 3 to 36 month
  • Competitive interest rates
  • Minimal documentation needed

The eligibility requirements for an unsecured business loan in East Brisbane are fairly minimal.

Call Now 1300 931 895
I'm now able make espresso for customers using the best equipment.
Cafe Owner
Business credit rates and repayment conditions, and flexible repayment options to fit you business needs.
Business Lending Options
I can get my tax back on time.
Small Business Owner
I am now able to take vacation knowing that it is safe knowing that East Brisbane business will run without a hitch.
Local Business Owner
I can now fund the remodel of our brand modern East Brisbane resturant without having draw cash from other locations.
East Brisbane Resturant Owner
Simple loan application procedure with a generous amount of borrowing capacity, a low requirements for credit, and no need to provide a business plan. Do not use your personal credit card and company credit cards to fund your company.
Unsecured Loans Made Simple
Business loans, especially those that are unsecured business loan or line of credit for business financing require to not become a difficult process. Business finance in the form in the form of small business loans that have an interest rate cost, and with a repayment schedule that will suit the requirements of your business budget.
Business Lenders for Business Goals
I'm now able hire a marketer to help me take my company to the next level.
Growing East Brisbane Business
Unsecured Business Loan Service Provider

Fast Approval Process

Making an application for the company financing in East Brisbane with us is easy and takes just less than a minute, with no long lines of paperwork or waiting in line.

Approved and receive funds within 1 to 2 company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We aim to help East Brisbane businesses of all sorts small, medium even solopreneurs to access money quickly, so that they can utilise the loan to expand and develop.

  • It all starts with a simple online application or a phone call
  • Flexible repayment terms to suit your business
  • Fast and quick funding within a single day or two
  • A team wanting you and your company to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The requirements for getting an unsecured business loan in East Brisbane of between $5K and $100K are fairly minimal.

  • A minimum of six months in business
  • A minimum of $6,000 in revenue per month
  • Be a New Zealand based company with a New Zealand Business Number (NZBN)
  • Passport or Driver’s License for identification proof
  • Make sure you have a New Zealand bank as your principal account for trading
  • Bank statements from the previous 6 months

Looking for more funding? Review the conditions of eligibility for our $100K to $500K company credit.

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 for the first four weeks. This had a requirement of 12 months' bank statements. The turn around time was 6 hours from the time of application until receiving the funds.
Grocery Store Small Business Loan
With the busy Christmas season nearing, a clothing store required working capital in order to finance additional stock and take advantage of the discount offered by suppliers. They took out a loan of $20K over a period of 12 months without security for assets and received the funds in 24 hours.
Clothing Store
A gym that was in operation for more than 3 years was looking to expand and required additional equipment. With a monthly turnover of $37K they borrowed $72K over a 24- month period. No security was needed to secure the loan. It was ready in the span of 24 hours.
Gym
A designer for interiors had seen an opportunity to grow their company and needed working capital in order to finance this expansion. With a monthly revenue of $300K they took out a loan of $250K for 24 months. Turnaround time for them was just two days, and all they needed to provide were 12 months worth of banking statement along with IRD confirmation and trust deed.
Interior Designer
A restaurant owner wanted to open a second establishment and needed funds for the fit out. The bank was not willing to help. The average monthly income for them was $50K. They were able borrow $66K over the course of 24 months. Turnaround was only 8 hours.
Restaurant Owner
Simple eligibility checklist

Larger East Brisbane Business Loan Eligibility Criteria

The criteria for eligibility of larger East Brisbane company loans of between $100K to $500K comprise:

  • Minimum of 3 years trading in business
  • A minimum of $700K annually in revenue
  • Be a New Zealand based business with an New Zealand Business Number (NZBN)
  • Drivers Licence or Passport for proof of identity
  • Use a New Zealand bank as your main trading account
  • Bank statements from the past 6 months
  • Certain financial statements, such as Profit & Loss and the Aged Accounts Payable and Receivable

Do you need a smaller amount of funding? Check out the guidelines for eligibility for our $5K-$100K East Brisbane unsecured company loans.

Business Lending for a Cash Injection

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

An East Brisbane unsecured loan is ideal for almost every company purpose. Contact us now.

  • Add or remodel the commercial space
  • Staff expansion during busy periods
  • Grow stock quantities to meet the demand
  • Make a brand new website or improve your marketing
  • Consider investing in new equipment, tools or the latest technology
  • Purchase additional stock to meet seasonal demand
  • Control cash flow fluctuations
  • And many more …

Are you looking to start one of these options as early as tomorrow? So, contact us now or apply online to get the fastest and most efficient process.

Quick application checklist

What do you need to apply

All that’s needed to begin is your contact details (company name, your name, email and telephone) as well as the amount you want to borrow, and your monthly revenue.

In the course of the process and before settlement we will need confirmation of your identity, but not for starting:

  • Idenfication details (valid Driver’s Licence)
  • Business information including trading times owner details, trading time, as well as details of ownership and trading time, as well as NZBN (New Zealand Business Number)

Additionally after we get started in the process, for loans that exceed $150,000, you will also need basic financial statements.

  • P&L statement
  • Aged payables
  • Aged receivables

Let’s get started now.

 

Here's How Others Have Benefited

Examples of Business Loans

A company coach was looking to invest in an health and cosmetics business. With a little over $12K in monthly revenue they borrowed $24K in 24 months. This required 12-month bank statements and was done in 8 hours.
Business Coach
The owner of a tiny grocery store making $70K a month borrowed $76K over a 24 month term with no repayments for the first four weeks. This had a requirement of 12 months' bank statements. The time to turn around was just six hours from the moment you applied to receiving the funds.
Grocery Store Small Business Loan
A plumber who's worked in the business for 3 years, with monthly sales of $80K was in need of more funds. They took out a loan of $153K for a 36 month term. All they needed were 12 months' worth of statements and confirmation of the status with IRD. The procedure was completed within just a few hours and the plumber was able to access their working capital in their account soon afterward.
Plumber
A gym that had been going for nearly 3 years, was planning to expand and required additional equipment. With an average monthly revenue of $37K they borrowed $72K over a 24 month period. No security was needed to secure the loan. It was settled within only 24 hours.
Gym
Following the purchase of a pizza restaurant and two liquor stores 6-12 months earlier, the new owners needed more funds. The revenue total was greater than $500k per month. They were able to borrow $300K, split out as $100K per store on two different 24 and 36 months. There was no security on the owners' homes was required.
Owner of a Pizza Store & 2 Liquor Stores

Unsecured Business Loan East Brisbane QLD 4169

The lending landscape has changed

In the wake of traditional lenders and banks increasing their credit requirements, the steady stream of non-bank and alternative loan providers entering the market offers the perfect source for you to access.

East Brisbane SME’s are now capable of accessing finance through alternative lenders that service East Brisbane who are focused on facilitating company expansion or smoothing out the cash flow problems. In the past the personal sources of credit (drawing equity from a home loan, or by using credit cards in addition to personal loans and loans) provided the most viable alternative financing solutions in East Brisbane that were available.

There’s not a need of having to rely on real estate to secure company credit. With an unsecured loan business financing is easy. Instead of a term loan through the bank, business finance for an SME with interest rates and loan terms that can help with cash flow is around as business lending options.

 

 

High level summary

Separate personal and business debt

There are numerous benefits with the separation of personal and company debt.

  • Your home, or other investments, aren’t tied up for the purpose of accessing funds
  • This company has a more favourable place to develop its own, solid credit history
  • It’s significantly more seamless when it comes to tax time
  • Companies can quickly view, monitor and plan based on being able to clearly evaluate their cash flow situation

Reduce your risk, make the tax process simpler, start with an unsecure loan for business. Make an application today.

For those who like the detail

Separate personal and business debt

Risk

One major benefit of keeping your business and personal business assets apart will be the fact that your house isn’t required to be tied to the funds. In the case of a business loan in East Brisbane up to $100K the security of assets won’t be needed as long as the borrower is able to meet the loan requirements.

Credit history

Companies will be in a advantageous long-term situation if they have a good credit or debt capacity to pay.

Tax

Separating personal and business finances makes it much more seamless when it comes to tax time - particularly when determining what is the tax deductible allocation. The IRD has laid out requirements for evidence 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 personal and business finances separate, companies can easily view, monitor and plan based on their ability to easily determine their cash flow status.

Business loans, in particular one that is an unsecured business loan or line of credit to business financing need to not become a difficult procedure. Business finance can be in the form in the form of small business loans at an interest rate and repayment time that will suit your company financial needs.
Business Lenders for Business Goals
I'm now able fund the remodel of our brand new East Brisbane resturant without having draw cash from other restaurants.
East Brisbane Resturant Owner
I'm now able to go on time off knowing that my East Brisbane business will run smoothly.
Local Business Owner
Business loan interest rates and repayment conditions, and flexible repayment options that can be tailored to your business requirements.
Business Lending Options
I'm able to get my tax back on track.
Small Business Owner
A straightforward loan application process with a generous limit on borrowing, no credit criteria and there is no need to present a business plan. Do not use your personal credit card or business credit cards to finance your business.
Unsecured Loans Made Simple
I'm now able hire an specialist marketer to increase the success of my company to the next step of business growth.
Growing Business
I am now able to make beverages for customers using the best equipment.
Cafe Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

Information About The East Brisbane Small Business Loans

Let me know what you think of the East Brisbane Small Business Loans

East Brisbane unsecured loans provides the range of $5,000 to $100,000, with terms ranging from 3 and 24 month and cash flow-friendly repayments which can be made daily or weekly.

What is what makes the Unsecured Loan different from an traditional business loan?

It is imaginable to apply to this Small Business Loan in under 10 minutes via the internet or over the phone, receive an immediate response, and the funds could be available in just 24 hours. Traditional company loans are based on an interest rate per annum together with additional fees and charges. This business loan is a pre-paid loan which means you be aware of the total amount due, which includes any interest, fees or charges. This is then broken down into weekly or daily amount to be paid back.

What can be the Small Business Loan be used for?

The Small Business Loan can be used for virtually every business reason, such as the management of cash flow, company renovations, 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 East Brisbane Business Loans

What is the Larger East Brisbane Business Loan?

The Larger Business Loan is a larger amount of loan to help business expansion opportunities. Loans range from $100,000 to $500,000 for a fixed period of for up to 36 months. The repayments are made weekly or fortnightly to work with your situation.

How is the Origination Fee determined?

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

Am I eligible for the Larger Business Loan?

In order to be eligible for a loan in this amount, your company needs to have been in operation for at least 3 years with an annual turnover of $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 to prove at least 12 months of trading.

What can I use the funding for?

A Business Loan of a larger size can be used to fund almost every company reason, such as company renovations, purchase of new equipment or inventory as well as for general working capital and so much more. The loan is not available for personal purposes.

Is the Larger Business Loan one that is secured?

Asset security is required to obtain funding above $150,000. This can be done by taking a charge over assets and can include registration with the PPSR or filing as a caveat.

A director’s or personal guarantee is a promise to pay back a loan that is generally based rather than stipulating security over a particular asset. The person who signs the ensure is personally accountable if the company borrower is unable to repay the debt.

The Personal Property Securities Register (PPSR) is a central, national online registry run by the New Zealand Government. It contains security interests which are registered with respect to personal property (including the assets or goods). The PPSR allows prioritisation over property that is personal to be assigned depending on the date that a security interest has been registered.

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

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

When you’re applying for the Larger Business Loan that is greater than $250,000 it’s possible to offer an initial pre-approval to simplify the process. We might be able to apply for this without a credit check and within 6 hours of the initial application. The pre-approval process is based on an initial assessment that includes you answering a few financial well-being checks. It is neither an offer nor a guarantee of credit. The approval of a conditional loan is subject to a full credit assessment and any offer that you receive could be on different terms.

Application process

Do I qualify for funds?

You may apply for a company loan if you:

  • are a New Zealand Citizen (or Permanent Resident)
  • are at least 18 years old, have a New Zealand company (with a valid NZBN/IRD)
  • can demonstrate at least 6 months of trading (for you to qualify for unsecured loan $5K – $100K) or three years of trading (for the Larger Business Loan $100K to $500K)

How do I apply?

The process for applying is fast and easy. Just complete the online application within a couple minutes, and an experienced business lending specialist will call you to assist you.

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

For larger loan sizes, you’ll need:

$100K – $250K: Details of application, including credit consent, 6 – 12 months of IRD statements, bank statements (if you have a loan of more than $150K).
$250K – $500K: Information on the application including credit consent, 12 months bank statement, an IRD statements as well as the two most recent years’ financial statements, as well as interim current financial year financials, Aged Payables and Aged Receivables reports.

How quickly will I receive an answer?

For an unsecured loan ($5K or more) We can usually offer an answer within an hour – as long as you submit your request at standard business time and you allow us to utilise the advanced bank verification system to immediately verify your bank account information online. If you decide to submit copies of your bank statements , we will be able to offer a decision within just 1 business day.

For the Larger Business Loan ($100K or more) we may be able to provide the conditional pre-approval within about six hours. After you’ve signed your pre-approval document, you will require to wait approximately 2-3 days to receive final approval, however it could be faster based on the specifics of each application. Certain deals have been approved in just 24 hours.

The quickest method can be ensure you apply during standard business hours and allow us to use the advanced bank verification system link to instantly verify your bank information online. If you decide to upload the copies of bank accounts, it will take a little longer.

How fast will I get the money?

For the Small Business Loan ($5K up to $100,000) we can often provide an answer within an hour – as long as you make your application during standard business time and let us make use of the advanced bank verification system to instantly verify your bank’s information online. If you choose to submit copies of your bank statements we can provide the decision in as little as one business day.

If you are applying for Larger Business Loans ($100K and up) we might be in a position to provide you with pre-approval conditional to your application within six hours. Once you’ve signed your pre-approval document, you will need to wait approximately 2-3 days to receive final approval, however this could be shorter based on the specifics of each application. Some agreements have been approved in just 24 hours.

The fastest way would be to ensure you apply during normal business hours and let us use the advance bank verification to instantly check your bank’s information online. If you decide to upload duplicates of your banking statements it can take a bit longer.

How much can I borrow?

We provide the loan amount between $5,000 to $500,000. When you make an application for a certain amount, we will consider a number of variables that determine your well-being of your company and the amount of repayments that your business will be able to support. The total amount of your loan will depend on the specific circumstances of your company.

If you apply for a specific amount we consider a variety of factors to determine the well-being of the company and the extent of repayments your business can afford. The total amount of your loan will depend on the specifics that are unique to your business.

Fees & repayments

How much should you charge for a business loan?

When you make an application for one of our business loan, we will assess the risk assessment the company and offer you with a tailored offer including loan amount, term and interest rates. It is a business loan is an upfront-priced loan so you will know in advance the total amount you will have to pay, including interest rates, fees or charges.

What determines the rate that I will be charged?

Business loan interest rates depend on a variety of factors including the amount borrowed, what business assets the funds will be used for, the industry the business operates in, how long the business has been in operation and whether the business has sufficient cash flow to pay for the loan, and the overall health or creditworthiness of the business.

What are the costs?

There aren’t any hidden costs with our business loans, and you’ll be aware of the amount you’ll be required to pay and when, right from the day you sign up. There’s not any compounding interest and there are no additional charges (as as you make your payments on time).

We do not charge an Application Fee. You are able to request a credit loan with absolutely no upfront cost and no commitment to apply.

The Origination Fee is the cost associated with the setting up and management of the loan. The only way to pay this cost if you take out the loan. Our Origination Fee is 2.5 percentage of the amount of loan.

Can I pay out the loan earlier?

You can decide to repay the entire amount of the advance loan at any time.

If you do decide to take this route, please speak to our friendly business loans experts. We will offer you with details for repayment along with an early payout estimate. This is calculated as the total of the principal balance and the accrued interest up to the time of early payout and 1.5 percent of the remaining principal and any outstanding fees.

What are the repayment methods?

To make sure you do not miss repayments and to fit in your cash flow schedule, we provide repayments either daily or weekly. These are automatically withdrawn from your company account.

Security & privacy

Will my information be protected?

Protecting your information, and being transparent about the ways we gather the information we collect, use, share and safeguard your data, is vital and a vital 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 financial information and our funders are ISO 27001 qualified for our commitment to security for our clients and privacy. We employ an exceptionally sophisticated bank verification system that allows you to instantly verify your bank account information online to offer quick responses.

About business loans

How do you define asset-based lending (a secured loan)?

Asset-based borrowing occurs when the company owner makes use of assets they own to get a loan. The asset can be an asset belonging to the personal, like the family home or it could be a business property like a truck or piece of equipment.

The vast majority of lenders, including the big banks, tend to guarantee loans against an asset. If you’re struggling to pay back the loan then your asset may be transferred to the lender. In essence, it’s a way of securing new funding 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 no asset security is required upfront to access the money however, we do require an individual guarantee. If you adhere to the terms of your loan (as detailed in your loan contract document), asset security is not needed. For loans that exceed $150,000, typically, you will need personal guarantee and security in the form of charges on assets.

Industries we currently aren't able to help with

  • Anything adult industry related
  • Auction houses & auction websites
  • Debt purchasers and debt collection firms
  • Direct marketing such as fundraising, telemarketing, mail order, direct-mail etc.
  • Finance lenders and institutions
  • {Firearm businesses
  • Foreign currency exchange offerings
  • Customs clearing houses and freight forwarding
  • Anything gambling related
  • Not-for-profit organisationsincluding charities and churches etc
  • Smash repairers or panel beaters
  • Pawnbrokers or pawn shops
  • Property development
  • Investment business, shares and stockbrokers
  • Tattoo palours
  • Ride-sharing or taxi services
  • Ticket resellers and entertainment sales
  • Tow truck services
  • Used car companies
  • Car glass tintingservices
  • Automotive dismantlers

Although we can’t help with an unsecure business loan for those industries, we might be able to assist you with an secured business loan.

Brisbane Unsecured Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

Apply Now

Apply Now

Contact Us

Contact Us

Contact Us

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1300 931 895