A Bentley unsecured business loan is quick and easy to obtain. Request a quick approval and start using the funds to grow your company.
What you can expect:
The eligibility requirements for an unsecured business loan to be made in Bentley are fairly minimal.
Call Now 1300 124 298Applying 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.
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.
The eligibility requirements for an unsecured business loan in Bentley of between $5K to $100K are quite minimal.
Do you need more money? Check out the conditions of eligibility for our $100K-$500K company financing.
The criteria to be eligible for the larger Bentley business loans of between $100K and $500K include:
Do you require a smaller amount of funds? Look over the conditions for eligibility for our $5K to $100K Bentley unsecured company loans.
A Bentley unsecured loan is great for almost every company purpose. Call us now.
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.
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:
After we start, for loans that exceed $150,000, you’ll require the following financial statements:
Let’s get started.
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.
There are many benefits with separating personal and company debt.
Lower your risks, make your tax time much easier. Get started with an unsecure busines loan, apply today.
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.
Businesses are in a more favourable long-term position if they have a good credit or debt capability.
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.
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.
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.
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.
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.
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.
This Larger Business Loan has an Origination Fee, calculated at 2.5% of the loan amount.
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.
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.
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.
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.
You are eligible to apply for an business loan if you:
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.
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.
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.
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.
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.
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.
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.
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.
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 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.
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.
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.
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.
Although we cannot assist with an unsecure business loan for those industries, we might be able to assist by providing the secured business loan.
