An Epuni unsecured business loan is quick and simple to get. Get a quick apporval and begin using the money for your business.
You can expect:
The eligibility requirements for an unsecured business loan for a company loan Epuni are fairly minimal.
Call Now 0800 453 358The process of applying for the business credit for company in Epuni with us is easy and takes just some minutes, without long lines of paperwork or waiting in line.
Approved and receive cash within one to two company days.
We aim to help Epuni companies of all types, whether small, medium or solopreneurs access funding fast so they can take advantage of loans to expand and develop.
The requirements for obtaining an unsecured business loan in Epuni of between $5K and $100K is fairly low.
Looking for more funding? Review the conditions of eligibility for our $100K-$500K business financing.
The criteria to be eligible in larger Epuni company loans of between $100K and $500K consist of:
Are you looking for a lower amount of money? Check out the eligibility requirements for our $5K-$100K Epuni unsecured company loans.
An Epuni unsecured loan is ideal for almost any company need. Call us now.
Want to get started on one of these as soon as tomorrow? Get in touch with us now or apply online for the quickjest fasted way.
All you need for starting is your contact information (company name, your name, email address or phone number) and the amount you want to borrow, and your monthly income.
Through the process and before settlement we will require confirmation of who you are but not before we can begin:
Additionally after we get started with loans over $150,000 you’ll need the following financial statements:
Let’s get started.
With banks and traditional lenders tightening credit conditions and the constant stream of alternative and non-bank loan providers that are entering the market provides a great resource for you to access.
Epuni SME’s are now being able to get finance from other lenders in Epuni who are focused on facilitating company expansion or smoothing problems with cash flow. In the past personal credit sources (drawing equity from a house loan or credit cards, personal loans and overdrafts) could be the best alternative funding solutions in Epuni that were around.
There is now an end to the requirement to rely on real estate to secure company loans. With an unsecured loan business funding is made simple. Instead of a term loan with the bank, business finance for an SME with interest rates and loan terms that aid with cash flow is around as business loan options.
There are numerous benefits by separating personal and company debt.
Reduce your risk, make your tax time easier, get started with an unsecure loan for business. Get it today.
The main benefit of keeping your personal and business assets apart is that your house isn’t tied to allow access to the funds. If you’re looking for a small business loan in Epuni up to $100K the security of assets won’t be needed as long as the borrower meets the loan requirements.
Businesses will be in a advantageous long-term situation if they can demonstrate good credit/debt serviceability.
The separation of personal as well as company financial accounts makes it more seamless in the event of tax time - particularly when identifying what is the tax-deductible amount. Particularly when determining what is the tax deductible allocation. IRD has set out rules on the evidence required for claiming deductions on the tax return of a company. This is an area the IRD has advised specifically on.
Effective management of cash flows is crucial to the long-term viability of any company. Through maintaining personal as well as business finances distinct, businesses can easily view the situation, track and plan based on their ability to accurately evaluate their cash flow situation.
Epuni unsecured loans offers amounts between $5,000 and $100,000. The terms range between 3 and 24 months, cash flow friendly repayments that are either daily or weekly.
It is imaginable to apply for this Small Business Loan in under 10 minutes over the phone, receive a same day response and have the funds on your account within 24 hours. Traditional business loans are based on an annual interest rate as well as other fees and charges. Our company loan is a loan that is priced upfront which means you know in advance the total amount to be paid, including any fees, charges or charges. Then, it is broken down into a daily or weekly repayment figure.
The Small Business Loan can be used for almost any company need, such as the management of cash flow, business remodels and marketing for purchasing inventory or new equipment, to fund general working capital, and much more. The loan is not available for personal use.
The Larger Business Loan is a larger size of loan that can be used to fund business expansion opportunities. Loans are between $100,000 and $500,000 with a term fixed with a maximum of 36 months. The repayments are made weekly or fortnightly to work with you cashflow.
It is crucial to note that the Larger Business Loan has an Origination Fee that is determined at 2.5 percent of the amount of the loan.
To be eligible for a loan in this amount the business needs to be trading for at least 3 years with an annual turnover of $700,000. You must be a New Zealand Citizen (or Permanent Resident) with a minimum age of 18 years old and have a New Zealand business (with a valid NZBN/IRD) and be able to prove at the least 12 months of operating.
A large business loan can be used to fund almost every business need, including business renovations, purchase of inventory or new equipment, as general working capital, and much more. The loan is not available for personal reasons.
Asset security is required for funding of more than $150,000. This can be done by taking a charge against assets and can include the registration of this through the PPSR or making a caveat.
A director’s or personal ensure is a commitment to pay back a loan that is general in nature rather than stipulating security over a particular asset. The person signing the guarantee 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 run 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 grants prioritisation over property that is personal to be granted in accordance with the date on which a registration of a security interest.
An affidavit is an official document lodged to offer the public notice of a legal claim against a property.
When you’re applying for the Larger Business Loan of more than $250K we can offer an initial pre-approval to smooth out the process. We may be able to do this without a credit verification and within 6 hours of the initial application. This pre-approval is based on a preliminary assessment which includes you answering some financial health questions. This is in no way an offer, nor is it a guarantee of credit. A conditional approval is subject an assessment of your creditworthiness and any offer you may receive may be based on different conditions.
You can apply for a business loan if you;
The process for applying is fast and easy. Complete the online form within a couple minutes, and an experienced business expert in lending will be in touch to guide you.
To be eligible for up to $100,000, you’ll need ID details (valid Driver’s License) as well as an NZBN/IRD that is valid and at least 6 months 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 bank statements, IRD statement (if credit is over $150K).
$250K – $500K: Details for application including credit consent as well as 12 months of bank records, IRD statements as well as the two most recent years’ financial statements, as well as interim current financial year financials such as age-related payables and aged Receivables summary.
For an unsecured loan ($5K up to $100,000) we can often offer a response in one hour if you submit your request at standard business times and let us utilise the bank verification system link to instantly verify your bank’s information online. If you decide to upload copies of your bank statement, we’ll offer a decision within one business day.
For Larger Business Loans ($100K up to $500,000) we may be able to provide you with pre-approval conditional to your application in about six hours. Once you have signed the pre-approval form, it will take about 2-3 days for final approval, however this could be shorter based on the specifics of each application. Certain transactions have received approval within less than 24 hours.
The quickest way to apply would be to ensure you apply during normal company hours. You can also permit us to use the advance bank verification to check your bank’s information online. If you choose to upload copies of your bank statement, it takes a bit longer.
For the Small Business Loan ($5K up to $100,000) we typically offer a response in one hour – provided you apply within standard business hours and allow us to utilise the advanced bank verification system to instantly verify your bank details online. If you choose to upload copies of your bank statements we can provide an answer in just 1 business day.
If you are applying for Larger Business Loans ($100K to $500K) we might be likely to offer you with conditional pre-approval in about 6 hours. Once you’ve signed your pre-approval, the turnaround time is between 2 and 3 days for the final approval. However, this could be shorter based on the circumstances of each application. Certain deals have been approved within less than 24 hours.
The fastest way is to ensure you apply during normal business hours. Also, permit us to use the advanced bank verification system link to instantly check your bank’s information online. If you send us duplicates of your banking statement, it can take a bit longer.
We offer loans that range from $5,000 and $500,000. If you apply for a certain amount, we look at a variety of factors to determine what is the well-being that is your business and the amount of payments your company can afford. The amount you receive from the loan will be determined by the specific circumstances of your business.
When you submit an application for a specific amount we take into consideration a variety of aspects to assess how much we can lend you such as well-being of your company and the amount of the repayments your company can afford. The amount you receive from your loan will depend on the particular circumstances that are unique to your company.
When you request one of our company loans, we’ll assess the risk assessment of your company and provide you with a customised offer that includes loan amount, term and the interest rates. A business loan is a loan that is priced upfront which means you know in advance the total amount you will have to pay, including interest rates, fees or charges.
The interest rates on business loans rates depend on several variables like the amount to be that is borrowed, what business assets the money will be used for and the sector the company is operating in, how long the company has been running for, whether the business has enough cash flow to cover the loan, and also the overall well-being or financial standing of the company.
There aren’t any hidden charges for our company loans. You’ll know precisely what you need to pay and when, from day one. There’s no compounding and the loan comes with no additional fees (as as you make your payments punctually).
We do not charge an Application Fee. You are able to apply for a loan with absolutely no upfront cost and no obligation to proceed.
The Origination Fee covers the expenses involved with the setting up and management of the loan. This is only a fee if you decide to take the loan. Our Origination Fee is 2.5% of the amount of the loan.
You can choose to repay all of your loan early at any time.
If you decide to do this please contact our helpful business loan specialists. We will offer you with the details of your repayment along with an early payout estimate. This will be calculated as the total of the principal remaining and the accrued interest up to the time of early payout in addition to 1.5 percent of the principal remaining and any outstanding fees.
In order to help you avoid missing payments and to work your cash flow cycle we offer repayments that are either daily or weekly. They will be automatically deducted from your designated business account.
The security of your personal information, as well as being clear about how we collect, use, exchange and safeguard your data, is of paramount importance and is an essential part of our relationship you.
Yes. We make use of industry-standard encryption standards to protect your personal, sensitive as well as financial data. 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 instantly confirm your bank account information online to provide rapid response.
The term "asset-based" refers to borrowing where the business owner utilises assets they own to make a loan. The asset can be an individual asset, such as the family home or it could be a business asset like a truck or other piece of machinery.
The vast majority of lending institutions, even the major banks, prefer to guarantee loans against an asset. If you’re having trouble paying back the loan, then the asset might be transferred to the lender. In essence, it’s an opportunity to secure new financing by using the worth of the asset you already have.
For loans that exceed $150K, the requirement for asset security is not required in advance to gain access to the funds however, we require a personal guarantee. require the personal guarantee. So long as you comply with your loan commitments (as specified in the loan contract) the security of assets is not required. For loans that exceed $150K, typically, you will need a personal ensure and security in the form the charge of assets.
Although we cannot assist with an unsecure business loan in those industries, we might be able to assist you by providing an secured business loan.
