Unsecured Business Loans Taigum QLD

If You Do This Today, You'll Have Everything You Need to Be Successful With a Taigum Business Loan

Unsecured Business Loans Taigum

A Taigum unsecured business loan is simple and quick to get. Apply for a loan quickly and begin using the money to grow your business.

  • Are additional funds able to help your company with working capital or to take advantage of a growth opportunity?
  • What is the financing strategy you are using to fund your company requirements?

You can expect:

  • Easy to apply to be approved and receive 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 three to thirty-six months
  • Competitive rates of interest prices
  • Minimal documentation required

The criteria for eligibility for an unsecured business loan for a company loan Taigum are fairly minimal.

Call Now 1300 931 836
I can now make beverages for customers using the best equipment.
Cafe Owner
Business business loans, interest rates and repayment terms, as well as flexible repayment options to meet your company requirements.
Business Lending Options
Business loans, particularly those that are unsecured business loan or line of credit to business financing require have no difficult process. Finance for a company in the shape in the form of small business loans at a fixed interest rates and repayment term that is suitable for the requirements of your business financial needs.
Business Lenders for Business Goals
I'm able get my tax back in order.
Small Business Owner
An easy loan application process with a large amount of borrowing capacity, a low requirements for credit, and no need to present a business plan. Stop using your personal credit card and company credit cards in order to fund your business.
Unsecured Loans Made Simple
I can now fund the renovation of our modern Taigum resturant without having to borrow cash from other restaurants.
Taigum Resturant Owner
I'm now able employ a marketer to help me take my company to the next stage.
Growing Taigum Business
I am now able to take vacation knowing that I am confident that my Taigum company will run smoothly.
Local Business Owner
Unsecured Business Loan Service Provider

Fast Approval Process

Making an application for the company financing in Taigum with us is easy and takes just a few minutes, no mountains of paperwork or queues.

Approved and receive funds in 1 – 2 company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We are aiming to assist Taigum companies of all kinds, including medium, small and even solopreneurs to access quick funding so that they can utilise the loan to grow and build.

  • It starts with an easy online application or a phone call
  • Flexible repayment terms that can be tailored to your business
  • Fast cash in just a day or two
  • A team of people who want you and your company to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

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

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

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

Here's How Others Have Benefited

Examples of Business Loans

With the busy holiday season coming up, a store selling clothing needed working capital to purchase more stock and also benefit from 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 money in just 24 hours.
Clothing Store
A restaurant owner was wanting to open a second establishment and needed funding to remodel. The bank was not interested in helping. The typical monthly income for them was $50K and they were able to get a loan of $66K in 24 months. The turnaround time was just 8 hours.
Restaurant Owner
A plumber who has had business for three years and has monthly sales of $80K was in need of more funds. They were able to borrow $153K over a 36 month term. All that was needed to be provided was 12 month bank statements as well as confirmation of the loan's status with IRD. The procedure was completed within a day and the plumber got their extra working capital available in their account within a short time.
Plumber
After purchasing a pizza shop and two liquor stores 6-to 12 months ago, the new owners were seeking additional cash. The total revenue of the two stores was more than $500K per month . The owners were able to obtain $300K. The loan was split into $100K for each store, with an option of both 24 and 36 months. No security over the owners homes was required.
Owner of a Pizza Store & 2 Liquor Stores
The owner of a small grocery store that earned $70K per month borrowed $76K over a 24-month term with no repayments for the first four weeks. The loan required 12 months of bank statements. Turnaround time was just 6 hours from application to getting the money.
Grocery Store Small Business Loan
Simple eligibility checklist

Larger Taigum Business Loan Eligibility Criteria

The criteria for eligibility to be eligible for loans from larger Taigum company loans of between $100K and $500K include:

  • Minimum of 3 years in business
  • At least $700K of annual income
  • Be a New Zealand based company with an New Zealand Business Number (NZBN)
  • Passport or Driver’s Licence for evidence of identity
  • Make sure you have an account at a New Zealand bank as your principal trading account
  • Bank statements for the last 6 months
  • Some financial statements like Profit & Loss, and aged accounts Payable and Receivable

Looking for a smaller amount of funds? Check out the guidelines for eligibility for our $5K-$100K Taigum unsecured business loans.

Business Lending for a Cash Injection

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

A Taigum unsecured loan is perfect for virtually every company purpose. Contact us now.

  • Add or remodel commercial spaces
  • Grow the team for busy periods
  • Increase stock levels to meet demand
  • Create a new site or increase your marketing
  • Consider investing in the latest equipment, tools or the latest technology
  • Make sure you have extra stock on hand to meet seasonal demand
  • Control cash flow fluctuations
  • And many more …

Are you looking to start one of these projects as soon as tomorrow? So, contact us or apply online now for the quickjest fasted way.

Quick application checklist

What do you need to apply

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

In the course of the process and before settlement we’ll need confirmation of your identity, however, not in order to begin:

  • Information on Idenfication (valid Driver’s License)
  • Information about the business, including details on trading hours as well as ownership information and NZBN (New Zealand Business Number)

Once we’ve started when it comes to loans of more than $150,000 you’ll 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

With the busy Christmas time fast approaching, a clothes store needed working capital to buy more stock and also benefit from a supplier discount. They borrowed $20K over 12 months without collateral for their assets, and they had the money in just 24 hours.
Clothing Store
A gym that had been running for more than three years, was planning to expand and needed more equipment. With a monthly income of $37K, they borrowed $72K over a month period. No security was required and the loan was compelted in only 24 hours.
Gym
A restaurant owner wanted to open a second restaurant and needed money to fund the remodel. Their bank wasn't willing to help. Typical monthly revenue for them was $50K. They were able to borrow $66K for 24 months. It took only 8 hours to get access to the funds.
Restaurant Owner
A business coach wanted to invest in an well-being and beauty business. With just over $12K in monthly revenues they borrowed $24K in 24 months. The loan required 12 months of bank statements and was done in 8 hours.
Business Coach
Following the purchase of a pizza store and 2 liquor stores 6-12 months earlier, the new owners needed more funds. The combined revenue was over $500k per month. They could borrow $300K and split it into $100K per store on two different 24 and 36 months. No security over the owners houses was required.
Owner of a Pizza Store & 2 Liquor Stores

Unsecured Business Loan Taigum QLD 4018

The lending landscape has changed

With traditional and bank lenders tightening credit conditions, the steady stream of alternative and non-bank loan providers that are entering the market provides the perfect source for you to make use of.

Taigum SME’s are now able to access finance through alternate lenders servicing Taigum who are focused on enabling business expansion or smoothing out cash flow challenges. In the past, when private credit options (drawing equity from a house loan or credit cards and personal loans as well as the overdraft) were the only alternative funding services for Taigum that were around.

There’s not a requirement of having to depend on real estate to secure company loan. With an unsecured loan, business financing is easy. Instead of a term loan through banks, business finance for a small business with interest rates and loan terms that aid in cash flow are around as business loan options.

 

 

High level summary

Separate personal and business debt

There are many benefits by separating personal and company debt.

  • Your home or other investment properties, aren’t held for the purpose of accessing funds
  • The business is in a stronger position to create its own credit history
  • It’s much more straightforward for tax time
  • Businesses can easily assess how they are performing, monitor and plan on being able to clearly assess their cash flow position

Reduce your risk, make tax time 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 private and business assets separate can be that your home does not have to be tied to access the funds. In the case of a business loan in Taigum up to $100K asset security won’t be required as long as the borrower fulfills their loan obligations.

Credit history

Businesses are in a more favourable long-term position if they can demonstrate good credit/debt serviceability.

Tax

A separation between personal and company finances makes it more seamless in the event of tax time, particularly when determining what is the tax-deductible amount. The IRD has laid out rules on the evidence required to be able to claim deductions on an organisation’s tax return. This is an area that the IRD have specifically advised on.

Cash flow

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

I can now make the coffee I serve my customers using the very best equipment.
Cafe Owner
I'm now able take time off knowing that I am confident that my Taigum business will run smoothly.
Local Business Owner
Business loans, specifically an unsecured business loan or line of credit for business funding need to not become a stressful procedure. Business finance in the form of small business loans at a fixed interest rate and repayment term which is compatible with your business liquidity.
Business Lenders for Business Goals
I'm able to get my taxes back on time.
Small Business Owner
I'm now able hire a marketing specialist to increase the success of my company to the next step of business growth.
Growing Business
An easy loan application process with a huge limit on borrowing, no requirements for credit and there is no requirement to present a business plan. Do not use your personal credit card or business credit cards to finance your business.
Unsecured Loans Made Simple
Business loan interest rates and repayment terms as well as flexible repayment options that can be tailored to what your business needs.
Business Lending Options
I can now fund the construction of our newly constructed Taigum resturant without having to take cash from other restaurants.
Taigum Resturant Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

Information About The Taigum Small Business Loans

Tell me what you think of the Taigum Small Business Loans

Taigum unsecured loans provides the range of $5,000 to $100,000. Terms range from 3 and 24 months. They also offer cash flow friendly repayments that are either per day or weekly.

What is how is the Unsecured Loan different from an traditional company loan?

It is imaginable to apply for the Small Business Loan in under 10 minutes over the phone. You’ll get a same day response and the money could be available in just 24 hours. Traditional company loans have an annual rate of interest as well as other fees and charges. We offer a business loan is an upfront priced loan so you will be aware of the total amount payable including the interest, fees and charges. This is then divided into a daily or weekly installment amount.

What could the Small Business Loan be used for?

It is a Small Business Loan can be used for nearly every company purpose including the management of cash flow, company renovations, marketing to purchase inventory or new equipment, for general working capital and much more. The loan is not available for personal use.

About larger Taigum Business Loans

What is the Larger Taigum Business Loan?

The Larger Business Loan is a larger size loan to aid in business growth opportunities. Loans range between $100,000 and $500,000 for a fixed period of that can last up to 36 months. Repayments are either weekly or fortnightly in order to accommodate you cashflow.

How is the Origination Fee calculated?

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

Am I eligible for the Larger Business Loan?

To qualify for a loan in this amount, your company needs to be trading for at least 3 years and have an annual turnover of at least $700K. Your company must belong to a New Zealand Citizen (or Permanent Resident) at least 18 years old and have a New Zealand company (with a valid NZBN/IRD) and be able of proving at the least 12 months of operating.

What can I use the funds for?

A large business loan can be used for nearly all company purpose including company renovations, to purchase new equipment or inventory for general working capital, and much more. The loan is not available for personal reasons.

Is the Larger Business Loan one that requires security?

Asset security is required to access funding over $150,000. This can be done as a result of an charge on assets, which could also be registered through the PPSR or the registration of a caveat.

A personal or director’s guarantee is a guarantee to pay off a credit line that is generally in nature rather than specifying security over an asset. The person who is signing the ensure is personally accountable if the company lender is not able to re-pay the debt.

The Personal Property Securities Register (PPSR) is an online, central register that is operated by the New Zealand Government. It records security interests that have been granted to individuals who own personal property (including the assets or goods). The PPSR gives priority over personal property to be granted according to the date a registration of a security interest.

A caveat is a legal document that is filed to offer notice of a legal claim on a property.

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

If you’re applying for larger company loans that exceeds $250,000 it is possible to offer an initial pre-approval to simplify the process. We could be able to get this done without credit checks and within six hours of your initial application. The pre-approval is based upon an initial assessment, which involves you answering some financial well-being questions. It is not an offer or guarantee of funds. Acceptance without condition is subject to an assessment of your creditworthiness and any offer that you might receive could have different conditions.

Application process

Are I eligible for funding?

You can apply for a company loan if you

  • are a New Zealand Citizen (or Permanent Resident)
  • are 18 years or older, have a New Zealand business (with a valid NZBN/IRD)
  • can demonstrate at least 6 months’ worth of transactions (for you to qualify for 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. Simply complete the online form within a couple minutes, and an experienced company expert in lending will contact you to guide you through the process.

To apply for up $100,000, you’ll require the right identification documents (valid Driver’s License) along with a valid NZBN/IRD as well as at least six months worth of bank statements.

If you’re looking for loans with larger sizes, you’ll require:

$100K to $250K: Application details including credit consent, 6-12 months of IRD statements, bank statements (if you have a loan of more than $150K).
$250K to $500K: Application details including credit consent, 12 month bank accounts, the IRD statement, last 2 years finalised financial statements, plus interim current financial year financials, Aged Payables and Aged Receivables summary.

How quickly will I receive an answer?

For an unsecured loan ($5K and up) We can usually offer an answer within an hour – as long as you apply during standard business times and permit us to use the advanced bank verification system link to instantly verify your bank’s information online. If you choose to upload copies of your bank statements , we will be able to provide a decision within just an business day.

If you are applying for a Larger Business Loan ($100K up to $500,000) we may be capable of offer you with a conditional pre-approval within six hours. After you’ve signed your pre-approval, turnaround times are between 2 and 3 days for the final approval. However, this may be quicker depending on the specifics of each application. Some offers have been approved in the space of 24 hours.

The quickest way to apply can be ensure you apply during standard business hours and allow us to use our modern bank verification to instantly check your bank’s information online. If you choose to upload the copies of bank statements it can take a bit longer.

How quickly will I receive the funds?

For the Small Business Loan ($5K or more) we typically offer an answer within an hour – provided you submit your request in normal business times and let us use the advanced bank verification system to instantly verify your bank details online. If you want to upload copies of your banking statements, we are able to offer an answer within one business day.

For Larger Business Loans ($100K or more) We may be in a position to offer you with pre-approval conditional to your application within about 6 hours. After you’ve signed the pre-approval document, you will need to wait between 2 and 3 days for the final approval. However, this can be faster depending on the circumstances of each application. Certain agreements have been approved in less than 24 hours.

The fastest way would be to ensure you apply during normal business hours, and let us use the modern bank verification link to instantly confirm your bank details online. If you choose to send us copies of your bank statements, it can take a bit longer.

What’s the minimum amount I can borrow?

We provide loan amounts between $5,000 and $500,000. If you apply for a certain amount, we look at a variety of variables in order to assess how much we can lend you well-being of the business as well as the amount of payments your company is able to afford. The amount you receive from your loan will be contingent on the specifics for your business.

When you make an application for a certain amount, we consider a variety of variables to determine your well-being of your business and the level of repayments that your business will be able to support. The amount you receive from your loan will depend on the particular circumstances of your business.

Fees & repayments

How do you charge for a business loan?

If you decide to make an application for our business financing, we will assess the risk profile the business and offer an individualised proposal that includes the amount of the loan, the duration and interest rates. It is a business loan is an upfront-priced loan therefore you will know the exact amount you will have to pay, including interest rates, fees or charges.

What is the factor that determines the price I’m charged?

The interest rates on company loans rates depend on several factors such as the amount that is that is borrowed, what business assets the funds are used to purchase and the sector the business operates in, how long the company has been running for, how long the company has sufficient cash flow to cover the loan, and overall health or creditworthiness of the company.

What are the fees?

There are no hidden fees for our company loans, and you’ll know exactly how much you’ll need to pay and at what time, from day one. There’s no compounding and no extra fees (as as you make your payments in time).

We do not charge an application fee. You can apply for a loan no cost upfront or the obligation to take action.

The Origination Fee covers the costs associated with the setting up and management of the loan. This is only a fee if you proceed with the loan. Our Origination Fee is 2.5 percent of the amount of loan.

Can I repay the loan early?

You may choose to pay back the total amount of your loan in full at any time.

If you decide to do this please talk to one of our helpful business lending specialists. We will provide you with details on repayment as well as an early payout amount. It will be calculated using the total of the principal remaining and accrued interest to the date of early payout plus 1.5% of the principal balance as well as any outstanding fees.

What is the process for repayments?

To help you avoid missing due dates and also to be in line your cash flow schedule, we provide repayments either weekly or daily. They will be automatically deducted from your company account.

Security & privacy

Will my information be secure?

The security of your personal information, as well as knowing the ways we gather information, use it, and exchange it, as well as ensure the security of your information is of paramount importance and an integral part of our relationship with you.

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

Yes. We employ industry-recognised encryption protocols to safeguard your sensitive, personal financial information and our funders are ISO 27001 qualified for our dedication to security for our clients and privacy. We make use of an advanced bank verification system link to immediately verify your bank account details online. This allows us to provide quick responses.

About business loans

What’s an asset-based borrow (a secured loan)?

The term "asset-based" refers to borrowing where a business owner utilises an asset that they own to obtain the loan. The asset can be either an individual asset, such as the family home or an company property like a truck or piece of equipment.

The vast majority of lenders, including the largest banks, are inclined to make loans secured by an asset. If you have trouble paying back the loan, then your assets could be transferred to the lender. In essence, it’s an opportunity to secure new financing by using the value of what you already have.

Do I need security for a business loan?

For loans up to $150,000 the requirement for asset security is not required before you can access the money however, we do require a personal guarantee. As long as you follow the terms of your loan (as detailed in your loan contract) the security of assets will never be required. If you take out loans in excess of $150K generally there is a personal guarantee and security in the form of the charge of assets.

Industries we currently aren't able to help with

  • Adult related industries
  • Auction houses and auction websites
  • Debt collection firms & debt purchasers
  • Direct marketing such as telemarketing, fundraising, mail order, direct-mail etc
  • Financial lenders & institutions
  • {Firearm dealers
  • Foreign currency exchange offerings
  • Freight forwarding & customs clearing houses
  • Anything gambling related
  • Non-profit organisations such as charities, churches etc.
  • Panel beaters & smash repairers
  • Pawn shops & pawnbrokers
  • Property development
  • Shares, stockbrokers or investment businesses
  • Tattoo palours
  • Taxi and ride-sharing services
  • Ticket resellers and entertainment sales
  • Vehicle towing services
  • Secondhand automotive dealers
  • Automotive glass tintingcompanies
  • Vehicle wrecking yards

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

Brisbane Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

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1300 931 836