Unsecured Business Loans South Brisbane QLD

In The Next Few Hours, You Could Be All Set For Success WithThe Help Of a South Brisbane Business Loan

Unsecured Business Loans South Brisbane

A South Brisbane unsecured business loan is easy and quick in applying for. Request a quick approval and use the money for your business.

  • Are additional funds able to help your business with working capital or for an opportunity to grow?
  • How do you finance your company requirements?

You can expect:

  • Simple process to apply and receive approval and cash as quickly as tomorrow
  • Optionally no reayments in the first four weeks
  • The range of borrowing is from $5k to $500K.
  • Terms ranging from 3-36 months
  • Competitive interest rates
  • Minimal docs required

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

Call Now 1300 931 836
I'm now able to prepare coffee for my customers using the very best equipment.
Cafe Owner
Business loans with interest rates and repayment terms as well as flexible repayment options to meet what your company needs.
Business Lending Options
Business loans, in particular one that is an unsecured business loan or line of credit to business funding need to not become a difficult process. Business finance can be in the form of small business loans with an interest rates and repayment period that is suitable for your business financial needs.
Business Lenders for Business Goals
I'm able to get my taxes back in order.
Small Business Owner
A straightforward loan application process with a huge amount of borrowing capacity, a low requirements for credit and no need to provide a business plan. Don't use your personal credit card and company credit cards as a way to fund your company.
Unsecured Loans Made Simple
I am now able to fund the construction of our newly constructed South Brisbane resturant without having to pull cash from the other restaurants.
South Brisbane Resturant Owner
I'm now able hire a marketing expert to help me take my company to the next step.
Growing South Brisbane Business
I am now able to take a holiday knowing I am confident that my South Brisbane company will run effortlessly.
Local Business Owner
Unsecured Business Loan Service Provider

Fast Approval Process

Making an application for an business loans in South Brisbane with us is easy and takes just less than a minute, with no lengthy forms or lines.

Get 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 South Brisbane businesses of all kinds, from small to medium-sized entrepreneurs to obtain funds quickly so that they can take advantage of loans to expand and grow.

  • It starts with an easy online application or phone call
  • Flexible repayment terms to suit your business
  • Quick funding in a day or two
  • We want both you and your company to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

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

  • At least 6 months in business
  • At least $6,000 revenue per month
  • Be a New Zealand based company with a New Zealand Business Number (NZBN)
  • Passport or
  • Driver’s License to serve as proof of identity
  • Use an account with a New Zealand bank as your primary account for trading
  • Bank statements for the last 6 months

Looking for more funding? Check out the conditions of eligibility for our $100K to $500K company financing.

Here's How Others Have Benefited

Examples of Business Loans

The busy Christmas season was coming up, a store selling clothing needed working capital to purchase more stock and also benefit from the discount offered by suppliers. They were able to borrow $20K for 12 months with no security of assets required. They received the money in just 24 hours.
Clothing Store
The owner of a restaurant wanted to open a second restaurant and needed funds for the installation. Their bank wasn't willing to help. The typical monthly income for them was $50K and they were able to get a loan of $66K in 24 months. Turnaround was only 8 hours.
Restaurant Owner
A plumber who has been in business for 3 years, with 80K in monthly sales was in require of more funds. They borrowed $153K over 36 months. All they needed is 12 months worth of banking statements as well as confirmation of their status with IRD. The procedure was completed within just a few hours and the plumber had their extra working capital available in their account in a matter of hours.
Plumber
Acquiring a pizza shop and 2 liquor stores 6-12 months prior, the new owners were seeking additional funds. The overall revenue was 500K per month. They were able to obtain $300K, split out as $100K for each store using a mix of 24 and 36 months. No security over the owner's homes was needed.
Owner of a Pizza Store & 2 Liquor Stores
The proprietor of a small grocery store making $70K a month borrowed $76K over a 24 month term , without making any repayments for the first 4 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
Simple eligibility checklist

Larger South Brisbane Business Loan Eligibility Criteria

The criteria to be eligible to be eligible for the larger South Brisbane company loans of between $100K and $500K are:

  • Minimum of 3 year’s experience in business
  • At least $700K of annual revenue
  • You must be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Passport or Driver’s License for proof of identity
  • You should have an account with a New Zealand bank as your principal trading account
  • Bank statements from the previous six months
  • Certain financial statements, such as Profit & Loss as well as Aged Accounts Payable and Receivable

Looking for a smaller amount of capital? Look over the guidelines for eligibility for our $5K-$100K South Brisbane unsecured company loans.

Business Lending for a Cash Injection

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

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

  • Renovate or expand a commercial premises
  • Staff expansion for busy times
  • Increase stock quantities to keep pace with demand
  • Build a new website or enhance your marketing
  • Put money into new equipment, tools or technology
  • Make sure you have extra stock on hand to meet seasonal demand
  • Control cash flow fluctuations
  • Plus lots more …

Are you looking to start one of these as soon as tomorrow? Then get in touch with us or send your application online to get the fastest and most effective process.

Quick application checklist

What do you need to apply

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

In the course of the process and before settlement we will require 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 as well as ownership information and details of ownership and trading time, as well as NZBN (New Zealand Business Number)

After we start, for loans that exceed $150,000, you’ll need basic financial statements:

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started.

 

Here's How Others Have Benefited

Examples of Business Loans

With the busy Christmas time fast approaching, a clothes store needed working capital to fund extra inventory and benefit from the discount offered by suppliers. They secured $20K over the course of 12 months, with no security for assets and received the funds in less than 24 hours.
Clothing Store
A gym that had been running for more than three years was looking to expand and needed more equipment. With monthly revenue of $37K they borrowed $72K over a 24- month period. No security was required to secure the loan. It was settled within only 24 hours.
Gym
A restaurant owner was wanting to open a second location and needed money to fund the renovation. Their bank wasn't interested in helping. Their typical monthly earnings was $50K, and they were able borrow $66K over the course of 24 months. It took only 8 hours to get access to the funds.
Restaurant Owner
A company coach was looking to invest in an well-being and beauty business. With just a little more than $12K in monthly revenues, they borrowed $24K over 24 months. The loan required 12 months of bank statement and was done in only 8 hours.
Business Coach
Acquiring a pizza store and two liquor stores six to 12 months prior, the new owners were looking for additional cash. The revenue total was greater than 500K per month. They were able to obtain $300K, split out as $100K for each store using the option of 24- and 36 month terms. There was no security on the owners' homes was needed.
Owner of a Pizza Store & 2 Liquor Stores

Unsecured Business Loan South Brisbane QLD 4101

The lending landscape has changed

In the wake of traditional lenders and banks tightening their credit terms, the steady stream of alternative and non-bank loan providers entering the market provides an excellent source for you to take advantage of.

South Brisbane SME’s are now being able to get finance from alternative lenders who service South Brisbane who are focused on facilitating company expansion or smoothing cash flow challenges. The past was when individual credit providers (drawing equity from a house loan or credit cards in addition to personal loans and overdrafts) could be the best alternative financing services for South Brisbane that were around.

There is now no requirement to depend on the real estate market to secure business loan. With an unsecured loan, business financing is now easy. Instead of a loan for a term with a bank, business finance for a small business with interest rates and loan terms that aid with cash flow is around as business lending options.

 

 

High level summary

Separate personal and business debt

There are many advantages associated by separating personal and company debt.

  • Your home, or other investments, aren’t tied up for the purpose of accessing funds
  • This business stands in stronger position to build its own, clear credit history
  • It is considerably more seamless when it comes to tax time
  • Businesses can easily view the situation, track and plan based on being able to easily evaluate their cash flow situation

Lower your risks, make your tax time much easier. Get started with an unsecure busines loan, apply today.

For those who like the detail

Separate personal and business debt

Risk

One big drawcard for keeping your personal and business assets apart is that your home does not have to be tied to access the funds. For a modest business loan in South Brisbane up to $100K an asset security agreement will not be required as long as the borrower fulfills the loan requirements.

Credit history

Businesses are in a more advantageous long-term situation if they can show good credit and debt ability to service.

Tax

Separating personal and business financial accounts makes it more straightforward in the event of tax time, particularly when determining what is the tax-deductible amount. The IRD has outlined the rules on the evidence required in order to deduct deductions from a business’s tax return. This is an area the IRD has advised specifically on.

Cash flow

A well-organised cash flow management system is vital to the long-term survival in any business. Through maintaining personal as well as company finance separate, companies can easily view how they are performing, monitor and plan on their ability to easily assess their cash flow position.

I'm now able to prepare espresso for customers with the best equipment.
Cafe Owner
I'm now able take vacation knowing that it is safe knowing that South Brisbane company will run effortlessly.
Local Business Owner
Business loans, in particular one that is an unsecured business loan or line of credit to business financing need have no tense process. Business finance can be in the form of small business loans at a fixed interest rates and repayment schedule that fits your business financial needs.
Business Lenders for Business Goals
I'm able to get my taxes back on track.
Small Business Owner
I'm now able employ a marketing expert to increase the success of my business to the next level of business growth.
Growing Business
Simple loan application procedure with a generous loan limit, with minimal credit criteria and there is no need to present a business plan. You no longer need to use your personal credit card and business credit card to fund your business.
Unsecured Loans Made Simple
Business loans with interest rates and repayment conditions, and flexible repayment options to fit your company requirements.
Business Lending Options
I'm now able to finance the construction of our fresh South Brisbane resturant without having to borrow cash from other locations.
South Brisbane Resturant Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

About The South Brisbane Small Business Loans

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

South Brisbane unsecured loans offers the range of $5,000 to $100,000. Terms range from 3 and 24 months, cash flow friendly repayments which can be made daily or weekly.

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

It is possible to apply to this Small Business Loan in under 10 minutes online or by phone. You will receive an immediate response, and funds may be in your account in 24 hours. Traditional business loans have an annual rate of interest as well as other fees and charges. Our business loan is an upfront priced loan so you will be aware in advance of the amount you will have to pay, including the interest, fees and charges. Then, it is broken down into either a daily or weekly amount to be paid back.

What can the Small Business Loan be used for?

A Small Business Loan can be used for virtually any business use, including managing cash flows, business improvements, advertising to purchase inventory, new equipment, for general working capital and much more. The loan is not available to fund personal expenses.

About Larger South Brisbane Business Loans

What is the Larger South Brisbane Business Loan?

The Larger Business Loan is a larger amount of loan to help business growth opportunities. The loan ranges from $100,000 to $500,000 for a fixed period of that can last up to 36 months. Repayments are either weekly or fortnightly depending on you cashflow.

How is the Origination Fee determined?

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

Am I eligible 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 with an annual turnover of $700,000. The applicant must also 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 to prove at least 12 months of trading.

What can the funding be used for?

A large business loan can be used to fund almost every business need, including company improvements, purchasing equipment or inventory or as general working capital, and much more. The loan is not available to fund personal expenses.

Is the Larger Business Loan one that requires security?

Asset security is required to access funding over $150,000. It is usually as a result of an charge over assets and can include registering this on the PPSR or the registration of as a caveat.

A director’s or personal guarantee is a guarantee to pay back a loan that is generally based rather than specifying security over an asset. The person signing the guarantee is personally liable if the business the borrower fails to re-pay the debt.

The Personal Property Securities Register (PPSR) is an online central register run by the New Zealand Government. It reflects security interests that are registered for personal property (including objects or assets). The PPSR grants preference over private property assigned according to the date the security interest was registered.

A caveat is a legal document filed to provide the legal claim to a property.

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

If you’re requesting a Larger Business Loan that exceeds $250K, we may offer an initial pre-approval to simplify the process. We could be able to make this decision without a credit check and within six hours of your initial application. This pre-approval is made based on an initial assessment that includes the answer to a series of financial health questions. It’s not an offer of credit or guarantee of financing. Unconditional approval is subject to a full credit assessment and any offer you may receive may be subject to different terms.

The 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 over 18 years, own a New Zealand business (with a valid NZBN/IRD)
  • must show at least six months of business (for you to qualify for unsecured loan $5K – $100K) or 3 years of trading (for the Larger Business Loan $100K up to $500K)

How do I apply?

The application process is fast and simple. Complete the online form in just a few minutes, and a dedicated company credit specialist will contact you to guide you through the process.

To apply for up $100,000, you’ll need ID details (valid Driver’s Licence) as well as an NZBN/IRD that is valid and at least six months worth of bank statements.

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

$100K – $250K: Details of application, including credit consent, 6 – 12 months of bank statements, IRD statement (if you have a loan of more than $150K).
$250K to $500K: Details for application including credit consent, 12 months bank statement, an IRD statements Last 2 years’ finalised financial statements, plus interim financial statements for the current year as well as Aged Payables and Receivables reports.

How soon will I hear an answer?

For an unsecured loan ($5K to $100K) we usually provide an answer within an hour if you submit your request within quality company time and permit us to make use of the advanced bank verification system link to instantly verify your bank’s information online. If you choose to submit copies of your bank statements we can provide an answer in just 1 business day.

If you are applying for a Larger Business Loan ($100K to $500K) we might be capable of provide you with pre-approval conditional to your application in around six hours. After you’ve signed the pre-approval document, you will need to wait around 2-3 days for final approval. However, this can be quicker based on the particular circumstances of each application. Some agreements have been approved within just 24 hours.

The quickest method would be to make sure you apply during standard business hours, and allow us to use our modern bank verification link to instantly verify your bank account information online. If you decide to send us duplicates of your banking statements it can take a bit longer.

How soon will I receive the money?

For the Small Business Loan ($5K up to $100,000) we typically provide an answer in just one hour – as long as you submit your request in standard business time and allow us to make use of the advanced bank verification system to immediately verify your bank account information online. If you opt to upload copies of your banking statements, we are able to provide a decision in just 1 business day.

If you are applying for Larger Business Loans ($100K or more) We may be in a position to offer you with conditional pre-approval in around six hours. Once you’ve signed your pre-approval form, it will take approximately 2-3 days to receive final approval. However, this could be shorter based on the specifics of each application. Some offers have been approved within just 24 hours.

The fastest way for you to apply is make sure you apply during standard business hours and let us use the advanced bank verification system to confirm your bank details online. If you opt to upload the copies of bank accounts, it may take a bit longer.

What is the maximum amount I can borrow?

We provide loan amounts between $5,000 and $500,000. When you submit an application for a specific amount we will consider a number of factors in order to assess your health for your business and the extent of the repayments your business will be able to support. The total amount of your loan will be contingent on the specifics that are unique to your business.

When you submit an application for a specific amount we look at a range of elements to determine the health that is your company and the amount of the repayments your company can afford. The total amount of the loan will be determined by the particulars for your company.

Fees & repayments

How much should you charge for a company loan?

When you request our business loans, we will assess the risk assessment of your company and provide you with a customised proposal that includes the amount of loan, the term and the interest rates. A company loan is an upfront cost loan which means you know the exact amount payable including any charges, interest rates or fees.

What determines the amount I’m charged?

Interest rates for company loans rates depend on a variety of factors like the amount of money borrowed, the business assets the funds are used to purchase, the industry the company operates in, how long the business has been operating as well as whether the company has sufficient cash flow to cover the loan, and general well-being or financial standing of the business.

What are the costs?

There are no hidden costs with our company loans. You’ll know exactly how much you need to pay and at what time, from the first day. There’s not any compounding interest and there are no additional charges (as long as you make your payments punctually).

We do not charge an application fee. You are able to apply for a loan absolutely no upfront cost and no obligation to proceed.

The Origination Fee covers the expenses involved with setting up and managing the loan. It is only charged for this cost if you take out the loan. The Origination Fee for us is 2.5 percentage of the amount of loan.

Can I pay out the loan in advance?

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

If you choose to do this please call our helpful business loan specialists. We will provide you with details on repayment as well as an early payout amount. The figure will be calculated as the sum of the principal balance and the accrued interest up to the time of the early payout, plus 1.5 percent of the principal amount remaining plus any outstanding fees.

What is the process for repayments?

To make sure that you don’t miss due dates and also to be in line your cash flow schedule, we provide repayments either daily or weekly. These are automatically deducted from your company account.

Security & privacy

Will my data be protected?

Protecting your information, and being upfront about the ways we gather the information we collect, use, share and protect your information, is vital and an integral part of our relationship you.

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

Yes. We use industry recognised encryption standards to secure your sensitive, personal and financial data and our funders are ISO 27001 qualified for our dedication to customer security and privacy. We employ a highly sophisticated banking verification system to instantly verify your bank account details online to provide an immediate response.

About business loans

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

Asset-based borrowing is when a company owner borrows from the assets they have to secure the funding. The asset may be an asset belonging to the personal, like the family home or it could be a company property like a truck or piece of equipment.

The vast majority of the lenders even the big banks, tend to secure loans against assets. If you have trouble paying back the loan then your assets could be offered for sale by the lender. In essence it’s means of securing new financing using the worth of the asset you already have.

Do I require security to get an business loan?

For loans up to $150K 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 the terms of your loan (as specified in your loan contract) and you are able to meet your obligations, asset security is not required. For loans of over $150,000 typically, you will need the option of a personal ensure and security in the form of a charge over assets.

Industries we currently aren't able to help with

  • Adult related industries
  • Auction websites & auction houses
  • Debt purchasers and debt collection agencies
  • Direct marketing such as fundraising, telemarketing, mail order, direct-mail etc.
  • Financial institutions and lenders
  • {Firearm related businesses
  • Foreign currency exchange offerings
  • Customs clearing houses & freight forwarding
  • Gambling related industries
  • Not-for-profit organisations such as charities, churches etc
  • Smash repairers & panel beaters
  • Pawn shops or pawnbrokers
  • Property developers
  • Investment business, shares & stockbrokers
  • Tattoo palours
  • Ridesharing & taxi services
  • Ticket resellers & entertainment sales
  • Towing services
  • Used car companies
  • Car glass tintingcompanies
  • Vehicle dismantlers

We can’t assist with an unsecured business loan for the above industries, we might be able to help you with an secured business loan.

Brisbane Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

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Apply Now

Contact Us

Contact Us

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1300 931 836