Unsecured Business Loans Bentley WA

If You Do This Today, You'll Be Getting Ready For Success By ObtainingThe Help Of a Bentley Business Loan

Unsecured Business Loans Bentley

A Bentley unsecured business loan is quick and easy to obtain. Request a quick approval and start using the funds to grow your company.

  • Would extra funds help your company in working capital, or in achieving a growth opportunity?
  • How are you financing your company requirements?

What you can expect:

  • Simple process to apply and be approved for cash as quickly as tomorrow
  • No reayments are permitted in the initial 4 weeks
  • The range of borrowing is from $5k to $500K.
  • Terms ranging from three to thirty-six months
  • Competitive rates of interest rates
  • Minimal documentation required

The eligibility requirements for an unsecured business loan to be made in Bentley are fairly minimal.

Call Now 1300 124 298
Business loans with interest rates and repayment terms and flexible repayment options to suit your business requirements.
Business Lending Options
I'm now able employ an specialist marketer to help me take my company to the next stage.
Growing Bentley Business
An easy loan application process with a huge limit on borrowing, no requirements for credit, and no requirement to submit a business plan. Stop using your personal credit card or business credit cards in order to finance your business.
Unsecured Loans Made Simple
I am now able to take an extended vacation knowing that the Bentley business will run smoothly.
Local Business Owner
I'm able get my tax back on track.
Small Business Owner
I'm now able fund the renovation of our modern Bentley resturant without having to pull cash from the other resturants.
Bentley Resturant Owner
I'm now able to prepare beverages for customers using the very best equipment.
Cafe Owner
Business loans, particularly those that are unsecured business loan or line of credit for business funding need never be an stressfull process. Business finance can be in the form of small business loans at a fixed interest rate and repayment schedule which is compatible with the requirements of your business financial needs.
Business Lenders for Business Goals
Unsecured Business Loan Service Provider

Fast Approval Process

Applying for a business loan within Bentley with us is easy and takes only a few minutes, no lengthy forms or lines.

Get approved and receive your funds within 1 – 2 business days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

We want to assist Bentley businesses of all types, whether small, medium or entrepreneurs to obtain funds quickly so that they can make use of the loan to grow and build.

  • It all starts with a simple online application or a phone call
  • Flexible repayment terms that can be tailored to your company
  • Fast funding within a day or two
  • We want for you as well as your company to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The eligibility requirements for an unsecured business loan in Bentley of between $5K to $100K are quite minimal.

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

Do you need more money? Check out the conditions of eligibility for our $100K-$500K company financing.

Here's How Other People Have Benefited

Examples of Business Loans

The proprietor of a small grocery store doing $70K a month borrowed $76K over a 24 month term , without making any repayments for the first four weeks. This required 12 months of bank statements. The turnaround time was only 6 hours from the moment you applied to receiving the funds.
Grocery Store Small Business Loan
An interior designer saw an opportunity to increase the size of their business and needed working capital to fund this expansion. With an annual 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 IRD confirmation, IRD confirmation and their trust deed.
Interior Designer
The owner of a restaurant wanted to open a second restaurant and needed funds for the renovation. Their bank wasn't willing to help. Their typical monthly earnings was $50K. They were able to get a loan of $66K for 24 months. The turnaround time was 8 hours.
Restaurant Owner
When they purchased a pizza shop as well as two liquor stores six to to 12 months ago, the new owners were looking for additional cash. The total revenue of the two stores was more than $500k per month. They were able to obtain $300K. This was then split as $100K per store with the option of 24- and 36 month terms. No security over the owner's homes was required.
Owner of a Pizza Store & 2 Liquor Stores
A gym that was in operation for more than 3 years wanted to grow and needed more equipment. With monthly revenue of $37K they borrowed $72K over a month period. No security was required for the loan and it was ready in just 24 hours.
Gym
Simple eligibility checklist

Larger Bentley Business Loan Eligibility Criteria

The criteria to be eligible for the larger Bentley business loans of between $100K and $500K include:

  • A minimum of 3 years of business
  • A minimum of $700K annually in revenue
  • 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 a New Zealand bank as your main trading account
  • Bank statements from the previous six months
  • Some financial statements such and Profit & Loss as well as Aged Accounts Payable and Receivable

Do you require a smaller amount of funds? Look over the conditions for eligibility for our $5K to $100K Bentley unsecured company loans.

Business Lending for a Cash Injection

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

A Bentley unsecured loan is great for almost every company purpose. Call us now.

  • Expand or renovate a commercial premises
  • Staff expansion for busy periods
  • Grow stock quantities to keep pace with demand
  • Build a new website or boost your marketing
  • Make sure you invest in new equipment, tools or the latest technology
  • Purchase extra stock to cover seasonal demand
  • Manage cash flow fluctuations
  • Plus many more …

Want to get started on one of these as soon as tomorrow? Contact us or apply online now to apply the fastest, most convenient way.

Quick application checklist

What do you need to apply

All you need to begin is your contact details (company name, your name, email or phone number) along with the amount you want to borrow, and your monthly earnings.

In the course of the process and before settlement we’ll need confirmation of your identity but not to get started:

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

After we start, for loans that exceed $150,000, you’ll require the following financial statements:

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started.

 

Here's How Others Have Benefited

Examples of Business Loans

A restaurant owner was wanting to open a second location and needed funding to remodel. The bank was not willing to help. The average monthly income for them was $50K and they were able borrow $66K over 24 months. Turnaround was only 8 hours.
Restaurant Owner
The busy Christmas season was fast approaching, a clothes store required additional working capital to buy more stock and also benefit from the discount offered by suppliers. They borrowed $20K over 12 months without asset security required and had the money in just 24 hours.
Clothing Store
The owner of a modest grocery store doing $70K a month borrowed $76K over a 24 month term , without making any repayments during the initial 4 weeks. The loan required 12 months of bank statements. Turnaround time was just 6 hours from the time of application until receiving the money.
Grocery Store Small Business Loan
A gym that had been running for more than three years decided to increase its size and required additional equipment. With a monthly turnover of $37K they borrowed $72K over a 24- month period. There was no security requirement for the loan and it was settled within just 24 hours.
Gym
Following the purchase of a pizza store as well as two liquor stores 6-to 12 months ago, the new owners needed additional cash. The overall revenue was 500K per month. They were able to borrow $300K, split out as $100K per store on the option of 24- and 36 month terms. No security over the owners homes was needed.
Owner of a Pizza Store & 2 Liquor Stores

Unsecured Business Loan Bentley WA 6102

The lending landscape has changed

With traditional lenders and banks tightening credit conditions as well as the continuous stream of alternative and non-bank loan providers that are entering the market provides an excellent source to access.

Bentley SME’s are now able to access finance through alternate lenders servicing Bentley who are focused on enabling business growth or smoothing out the cash flow problems. In the past, when private credit options (drawing equity from a home loan, or using credit cards in addition to personal loans and loans) was the sole alternative funding services available in Bentley that were available.

There’s an end to the requirement in the present to depend on the real estate market to secure business loan. With an unsecured loan business financing is now easy. Instead of a term loan through the bank, business finance for an SME with interest rates and loan terms that aid to manage cash flow are around as business loan options.

 

 

High level summary

Separate personal and business debt

There are many benefits with separating personal and company debt.

  • Your home, or other investments, aren’t tethered for the purpose of accessing funds
  • This business is in a more favourable position to build its own, solid credit history
  • It’s significantly more straightforward for tax time
  • Companies can quickly view the situation, track and plan based on the ability to clearly assess their cash flow position

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 of the main benefits of keeping your private and business assets apart is that your home isn’t required to be tied to access the funds. For a modest business loan in Bentley up to $100K an asset security agreement will not be required as in the event that the borrower has met the loan requirements.

Credit history

Businesses are in a more favourable long-term position if they have a good credit or debt capability.

Tax

A separation between personal and business financial accounts makes it more straightforward with regards to tax time, particularly when determining the tax deductible allocation. The IRD has set out rules on the evidence required in order to deduct deductions from an individual’s tax return. This is a subject that the IRD has advised specifically on.

Cash flow

Effective management of cash flows is essential to the longevity that of any company. By maintaining personal as well as company finances distinct, companies can easily view their cash flow, plan and monitor it based on their ability to easily assess their cash flow position.

I can now make coffee for my clients with the very best equipment.
Cafe Owner
I'm now able employ a marketer to boost my business to the next level of business growth.
Growing Business
Business loans with interest rates and repayment terms and flexible repayment options that can be tailored to the needs of your business requirements.
Business Lending Options
A straightforward loan application process with a huge limit on borrowing, no requirements for credit, and no need to provide a business plan. Stop using your personal credit card and company credit cards to fund your business.
Unsecured Loans Made Simple
I'm now able fund the fitout of our fresh Bentley resturant without having to take cash from other restaurants.
Bentley Resturant Owner
Business loans, particularly an unsecured unsecured business loan or line of credit to business funding require have no tense process. Business finance can be in the form of small business loans at a fixed interest rate cost, and with a repayment schedule that fits the requirements of your company liquidity.
Business Lenders for Business Goals
I'm able get my tax back on time.
Small Business Owner
I can now take an extended vacation knowing that the Bentley business will run well.
Local Business Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

Information About The Bentley Small Business Loans

Let me know how you can avail the Bentley Small Business Loans

Bentley unsecured loans offers the range of $5,000 to $100,000. Terms range from 3 and 24 months, cash flow-friendly repayments that are either per day or weekly.

How is what makes the Unsecured Loan different from a traditional company loan?

You can apply to get your Small Business Loan in under 10 minutes on the internet or over the phone. You’ll get an instant response and have the funds in your account within 24 hours. Traditional business loans refer to an annual rate of interest plus other fees and charges. The business loan is a loan that is priced upfront and you’ll know ahead of time the amount you will have to pay, including the interest, fees and charges. This is then divided into a daily or weekly payment amount.

What could the Small Business Loan be used for?

It is a Small Business Loan can be used for virtually any business need, such as the management of cash flow, business remodeling, marketing, to purchase inventory or new equipment, or as general working capital, and much more. The loan cannot be used for personal reasons.

Concerning Larger Bentley Business Loans

What is the Larger Bentley Business Loan?

The Larger Business Loan is a larger size of loan that can be used to fund business growth opportunities. Loans range from $100,000 to $500,000 over a fixed term with a maximum of 36 months. The repayments are made weekly or fortnightly, depending on you cashflow.

How is the Origination Fee calculated?

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

Can I get the Larger Business Loan?

In order to be eligible for a loan in this amount the business needs to be operating for at least three years and have an annual turnover of $700,000. You must be a New Zealand Citizen (or Permanent Resident) with a minimum age of 18 years old, own a New Zealand business (with a valid NZBN/IRD) and be able of proving at minimum 12 months of continuous trading.

How can the funds be utilised?

A Business Loan of a larger size is a great option for almost every company reason, such as company remodeling, buying new equipment or inventory or as general working capital, and much more. The loan cannot be used for personal reasons.

Is the Larger Business Loan a secured loan?

Asset security is required for funding of more than $150,000. This is as a result of an charge over assets, and could include registering this on the PPSR or filing a caveat.

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

The Personal Property Securities Register (PPSR) is an online central registry run by the New Zealand Government. It contains security interests which are registered with respect to personal property (including objects or assets). The PPSR permits prioritisation over property that is personal to be granted depending on the date that a security interest was registered.

An affidavit is an official document filed to offer notice of a legal claim on a property.

What is a pre-approval minus Credit Check?

If you’re applying for a Larger Business Loan of more than $250,000 we can offer an initial pre-approval that will help make the process. We may be able to do this without a credit check and within 6 hours of the initial application. The pre-approval is based upon an initial assessment, which involves the answer to a series of financial health questions. It is not an offer of credit or guarantee of financing. Acceptance without condition is subject to a full credit assessment and any offer you may receive may be based on different terms.

Application process

Are I eligible for funding?

You are eligible to apply for an business loan if you:

  • are a New Zealand Citizen (or Permanent Resident)
  • are over the age of 18 and have a New Zealand business (with a valid NZBN/IRD)
  • you must prove at least 6 months worth of trade (for the 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 quick and easy. Just complete the online application within a couple minutes, and an experienced company expert in lending will contact you to guide you.

For a loan of up to $100,000, you’ll require ID details (valid Driver’s License), an active NZBN/IRD, and at least six months worth of bank statements.

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

$100K to $250K: Information about the application including credit consent, 6-12 months of IRD statements, bank statements (if credit is over $150K).
$250K – $500K: Information on the application including credit consent twelve months bank statement, an IRD statement Last 2 years’ finalised financial statements, and interim financials from the current financial year such as age-related payables and aged Receivables summaries.

How quickly will I receive a decision?

For an unsecured loan ($5K up to $100,000) We can usually provide an answer within one hour, provided you make your application at quality company times and allow us to utilise the bank verification system link to immediately verify your bank account information online. If you choose to upload copies of your banking statements , we are able to offer the decision in just the span of one company day.

For the Larger Business Loan ($100K up to $500,000) we may be able to offer you with pre-approval conditional to your application in about six hours. Once you’ve signed the pre-approval, the turnaround time is between 2 and 3 days for the final approval, however this may be quicker depending upon the circumstances for each application. Some transactions have received approval in the space of 24 hours.

The fastest way would be to make sure you apply during normal company hours. You can also allow us to use the modern bank verification link to instantly confirm your bank details online. If you decide to upload duplicates of your banking statements it will take a little longer.

What is the time frame to receive the funds?

For the Small Business Loan ($5K and up) we can often provide an answer within an hour – provided you apply at standard business time and let us use the advanced bank verification system link to instantly verify your bank information online. If you opt to upload copies of your banking statements we can offer the decision within the span of one business day.

If you are applying for Larger Business Loans ($100K up to $500,000) we could be in a position to provide you with conditional pre-approval within 6 hours. After you’ve signed the pre-approval, the turnaround time is around 2-3 days for final approval, however this could be shorter based on the particular circumstances of each application. Certain agreements have been approved within less than 24 hours.

The fastest method is to ensure you apply during standard business hours and allow us to use the advanced bank verification system link to instantly verify your bank account information online. If you opt to send us copies of your bank statements, it takes a bit longer.

How much can I borrow?

We provide loans that range from $5,000 to $500,000. If you apply for a certain amount, we consider a variety of aspects to determine how much we can lend you well-being of your company and the level of repayments your company is able to afford. The amount you receive from the loan will be determined by the specifics for your business.

When you make an application for a set amount, we look at a range of factors to determine your health of the business and the level of repayments that your business is able to afford. The total amount of your loan will be contingent on the particulars that are unique to your business.

Fees & repayments

How do you charge for the cost of a company loan?

When you request the company credit, we’ll assess the risk assessment of your business and offer you with a customised offer, including the amount of loan, the term and the interest rates. It is a business loan is an upfront cost loan so you will know in advance the total amount to be paid, including any interest rates, fees or charges.

What determines the amount I will be charged?

Interest rates for company loans rates depend on a variety of factors including the amount borrowed, the business assets the money will be used for and the sector the business is in, how long the business has been in operation as well as in the event that the business has enough cash flow to cover the loan, and general health and creditworthiness of the company.

What are the costs?

There are no hidden costs with our business loans. You’ll be aware of the amount you need to pay and when, right from the very first day. There’s no compounding interest and no extra fees (as as long as you pay your payments on time).

We don’t charge an Application Fee. You are able to request a credit loan with without any upfront costs or obligation to proceed.

The Origination Fee covers the expenses involved with setting up and managing the loan. You are only charged this fee if you proceed with the loan. Our Origination Fee is 2.5 percentage of the loan amount.

Do I have the option of paying off the loan earlier?

You can decide to repay all of your loan early at any time.

If you choose to take this route, please contact our helpful company loan professionals. The experts will provide you with details for repayment and an early payment figure. The figure will be calculated as the sum of the principal amount remaining and accrued interest to the time of early payout, plus 1.5% of the remaining principal and any outstanding fees.

What is the process for repayments?

To ensure you do not miss due dates and also to be in line with your cash flow general, we offer repayments that are either weekly or daily. They are automatically deducted from your designated business account.

Security & privacy

Will my information be secure?

Security of your data, and knowing how we collect the information we collect, use, share and ensure the security of your information is of huge importance and is a crucial element of our relationship with you.

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

Yes. We utilise industry-recognised encryption standards to protect your sensitive, personal financial information and our funders are ISO 27001 certified for our dedication to security for our clients and privacy. We utilise a sophisticated bank verification system link to instantly verify the bank account details online so we can provide rapid response.

About business loans

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

Asset-based borrowing occurs when an company owner utilises an asset that they own to make the funding. The asset can be either a personal asset like the family home, or a company asset such as a vehicle or piece or equipment.

The majority of lending institutions, including the largest banks, are inclined to make loans secured by assets. If you are having difficulty paying back the loan then your asset may be offered for sale by the lender. In essence, it is an opportunity to secure new funding using the value of what you already own.

Should I need security for an business loan?

For loans up to $150,000 there is no requirement for asset security upfront to access the money However, we require a personal guarantee. require a personal guarantee. In the event that you fulfill the loan terms (as detailed in your loan contract document) Asset security is not required. If you take out loans in excess of $150K typically, you will need a personal guarantee and security is provided in the form of charges on assets.

Industries we currently aren't able to help with

  • Adult related industries
  • Auction websites or auction houses
  • Debt purchasers or debt collection companies
  • Direct marketing such as mail order, fundraising, telemarketing, direct-mail etc
  • Finance lenders & institutions
  • {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 or panel beaters
  • Pawnbrokers or pawn shops
  • Property development
  • Investment business, shares or stockbrokers
  • Tattoo palours
  • Taxi or ride-sharing services
  • Entertainment sales or ticket resellers
  • Towing services
  • Used automotive dealerships
  • Vehicle glass tintingfirms
  • Car wrecking yards

Although we cannot assist with an unsecure business loan for those industries, we might be able to assist by providing the secured business loan.

Perth Unsecured Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

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1300 124 298