It Is Important You Apply For The Correct Loan For Your Needs
Not sure which loan will suit you best? Call the experts right now on 09-888 5252
We’re here to get you the best business loan
Our process is simple and best of all, it’s free!
30 Second Application
Get started online in a matter of minutes. Best of all, it’s free and we don’t mark your credit file
Fast Approval
As soon as your application comes through, one of our experts will go over the finer details and then a lender will make contact
Next day funding possible
Apply in minutes, get approved through one of our loan specialists, and get funded in as little as 24 hours. It’s that simple!
Why LoansOne
We are here to find you the right solution that suits you
Save time and money
Time is money. No more having to go through pages of information from banks and lenders. As soon as you enquire, we do all the heavy lifting for you. We want to work with you to get you the business loan you’ve been looking for.
You’re important to us
As a business ourselves, we understand that things get missed in the world of finance and banking. Your situation and business is unique to you and we want to work with you to ensure you get the best opportunity and value possible.
Grow your business
You want to get the business loan you need and want, not just access to funds with some complicated repayment structure and a lot of financial jargon. Tell us about your business and what you need the funds for, so that we can help your business grow!
Focus on your business
The reason we exist is to help businesses, like yours, get access to the right business loan. Our process is simple and you can usually get funds within 24 hours in most cases. This means you can get back to running your business, not trying to understand bank terminology and going through stacks of paperwork.
The solution to getting a business loan
We’ve done the hard work, we’ve gone through all the lender products, the jargon and detail. By doing that, this allows us to help your business.
Your Solution Finder
We have become New Zealand SME’s favoured destination for fast and simple business finance. Once you tell us how much you want to borrow, tell us what you need the funds for. We’ll piece together the rest of the puzzle for you and we’ll keep you updated every step of the way. You’re getting the business loan you’ve been looking for and best of all, we work to get you the best interest rate for your circumstances.
We’re not a one-trick pony
We are constantly looking to get more business loans and lenders on our panel. This means we can offer more flexible business loan terms, and be able to help more small business owners. There are so many reasons to get finance and because of that, there are so many different loans. We work with non-bank lenders that are ready to help your business grow.
So whether it’s an unsecured business loan, a secured business loan, a business mortgage, or an unsecured commercial loan, we have all bases covered on getting you the best business finance solutions with all the best business lenders. Our trained staff can also help with tips on how to best get a business loan.
Business lending does not have to be difficult, but we all know some lenders and some brokers will make it much harder than it really is. Our SME loans are designed to be fast, and simple.
Applying For A Quick Loan For Business From LoansOne
Getting a quick loan for a business is one of the easiest and most common ways to get the necessary funding for running a company. But borrowing a lump sum of money can be a nerve-wracking process for any new or established business owner. However, business loans from LoansOne offer funding without much hassle and documents. With a quick phone call and a short application form, LoansOne can help you go a long way in acquiring the capital you require to take your business to that next level.
LoansOne can offer business funds as term loans where you will get all the funding at once with a regular repayment schedule over a particular time. Personal, business, business mortgages, asset and commercial property loans come under term loans. All these loans vary as per the repayment terms, security necessary and interest rates charged.
You can use these loans for business for long-term investments like purchasing a massive asset or extending your business. This funding is also one of the best alternatives for companies with regular income since you can budget the interest rates and repayment terms, which are lower compared to many other loan types.
Repayments And Interest Rates For Private Business Loans From LoansOne
There are primarily two types of interest rates for business loans.
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Fixed Interest Rate
In this loan type, you can lock one interest rate for the entire term. It will help you in forecasting and budgets.
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Variable Interest Rate
With these quick loans in NZ, the interest rate can fluctuate up and down. The repayment will go up when the interest rate increases. But when the interest rate goes down, you can either leave the repayment the same to pay off the loan faster, or reduce it.
Types of Business Loans Offered by LoansOne
LoansOne is partnered with some of the most reputed private mortgage lenders in NZ, offering the following types of funding to borrowers.
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Secured Business Loan
In this type of funding, you can submit a personal guarantee or asset as collateral this is normally in the form of real-estate property. This security will help you to get a larger loan amount and potentially make the approval easier.
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Unsecured Business Loan
Unsecured business funds are a less risky alternative. With this type of funding, it may be more difficult to get approval if your credit history is poor. The business lenders usually approve a lower amount compared to a secured loan.
Eligibility Criteria For Applying For A Business Loan
The main criteria business loan lenders will consider before lending is whether the borrower can repay the loan amount or not. So, take time, prepare the vital documents, and ensure you have submitted what the NZ loan companies require for approval. Let us look at some of those eligibility criteria below.
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Business Plan
The business plan will indicate how to repay the loan, what are the benefits and how the business can best take advantage of the upcoming opportunity. It should also include how you use the funds for the company’s betterment. Also, mention the primary risks involved and how you plan to control them.
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Financial Statement
New Zealand Business loans through LoansOne require little financials for the business. For the loan provider to be able to assess the client’s ability to meet repayments they require 6 months’ worth of business bank trading statements. For larger loan amounts they may require full financials.
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Credit Score
For an Unsecured business loan lenders are required to perform a credit check. This check allows the lender to see your history when it comes to meeting repayments for past/ current debts. For a higher rate of approval be sure to stay on top of all your current debt.
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Collateral
Not all loans for business are secured. But if you want to borrow a large amount, you can offer some asset or property in return. If you have some security, the business lenders can offer larger funding.
Reasons To Select LoanOne As Your Private Mortgage Lenders in NZ
Below are some reasons why borrowers consider LonasOne as their first preference for NZ loan companies.
- Friendlier to small business entrepreneurs
- Offers quick loans for businesses, even to the ones with poor credit history
- Faster loan application and approval process
- Flexible interest rates and repayment tenures
Do you have a necessity for immediate business funding? If yes, contact the team at LoansOne and decide which loan is the most suitable for your business.
Are you ready? Let’s begin.
Apply in a minute. Funding is possible in 24 hours.
Frequently Asked Questions
Simply click on the “Apply Now” button to start your business loan enquiry
Loan amounts range from $2k to $500k depending on the loan type
Varies depending on the lender but we aim to get an outcome within 24-48 hours
We have unsecured and secured loan options available