Unsecured Business Loans
Adelaide

Today, You'll Be All Set For Success WithThe Help Of an Adelaide Business Loan

Unsecured Business Loans Adelaide

An Adelaide unsecured business loan is quick and simple to obtain. Get a quick apporval and begin using the money to grow your company.

  • Would extra funds help your company in working capital, or to realise the potential for growth?
  • What are the best ways to finance your business needs?

You can expect:

  • Easy to apply and get approved and funds as soon as tomorrow
  • Optionally no reayments in the first 4 weeks
  • From $5k to $500K in loans
  • Terms ranging from 3 to 36 month
  • Competitive interest prices
  • Minimal docs required

The criteria for eligibility for an unsecured business loan in Adelaide are fairly minimal.

I'm now able employ a marketing specialist to help me take my company to the next step.
Growing Adelaide Business
Business loans, in particular one that is an unsecured business loan or line of credit for business funding require have no stressful process. Business finance can be in the form of small business loans at an interest rate cost, and with a repayment period that will suit your business financial needs.
Business Lenders for Business Goals
I can now make beverages for customers with the very best equipment.
Cafe Owner
Business credit rates and repayment terms, as well as flexible repayment options to suit what your business needs.
Business Lending Options
I can now fund the remodel of our brand newly constructed Adelaide resturant without having to borrow cash from other ones.
Adelaide Resturant Owner
I am now able to take a holiday knowing my Adelaide business will run without a hitch.
Local Business Owner
I can get my tax back on track.
Small Business Owner
A straightforward loan application process with a generous limit on borrowing, no credit criteria and there is no need to provide a business plan. You no longer need to use your personal credit card or company credit cards in order to fund your company.
Unsecured Loans Made Simple
Unsecured Business Loan Service Provider

Fast Approval Process

Applying for business loans in Adelaide company credit in Adelaide 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 are aiming to assist Adelaide companies of all sorts small, medium even entrepreneurs to obtain funds quickly so that they can utilise the loan to expand and develop.

  • It all starts with a simple online application or phone call
  • Flexible repayment terms to suit your company
  • Quick funding in a day or two days
  • A team wanting to see you succeed as well as you company to be successful
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The requirements for getting an unsecured business loan in Adelaide of between $5K and $100K is fairly low.

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

Are you looking for additional funding? Take a look at the guidelines for eligibility for our $100K-$500K company loans.

Here's How Other People Have Benefited

Examples of Business Loans

The busy Christmas season was fast approaching, a clothes store required additional working capital to finance additional inventory and to take advantage of a supplier discount. They were able to borrow $20K for 12 months without asset security required and had the money in just 24 hours.
Clothing Store
A gym that was going for nearly 3 years, was planning to expand and required additional equipment. With a monthly income of $37K, they borrowed $72K over a month period. There was no security requirement for the loan and it was ready to go within just 24 hours.
Gym
A plumber who has been in business for three years and has the monthly revenue of $80K was in require of more funds. They were able to borrow $153K over 36 months. All that was needed was 12 months of bank statement and confirmation of the loan's status with IRD. The procedure was completed within a day and the plumber received their additional working capital in their account soon afterward.
Plumber
The owner of a restaurant wanted to open a second establishment and needed funding to remodel. The bank they approached wasn't willing to help. Their typical monthly earnings was $50K. They were able to get a loan of $66K over the course of 24 months. The turnaround time was just 8 hours.
Restaurant Owner
An interior designer saw an opportunity to increase the size of their business and required working capital in order to finance this growth. With monthly revenue of $300K they borrowed $250K in 24 months. Turnaround time for them was only 2 days, and all they needed to present is 12 months' worth of Bank statement IRD confirmation, IRD confirmation and their trust deed.
Interior Designer
Simple eligibility checklist

Larger Adelaide Business Loan Eligibility Criteria

The criteria for eligibility for the larger Adelaide company loans of between $100K and $500K include:

  • A minimum of 3 years of business
  • At least $700K in annual revenue
  • Be a New Zealand based business with an New Zealand Business Number (NZBN)
  • Passport or Driver’s Licence for identification
  • Have an account at a New Zealand bank as your principal trading account
  • Bank statements from the previous six months
  • Some financial statements like Profit & Loss and Aged Accounts Payable and Receivable

Do you need a smaller amount of money? Find out the guidelines for eligibility for our $5K-$100K Adelaide unsecured company loans.

Business Lending for a Cash Injection

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

An Adelaide unsecured loan is great to use for every business use. Call us now.

  • Renovate or expand a commercial premises
  • Hire more staff during busy times
  • Grow stock levels to keep up with demand
  • Build a new website or improve your marketing
  • Invest in new tools, equipment or the latest technology
  • Make sure you have extra stock on hand to meet seasonal demand
  • Manage cash flow fluctuations
  • Plus lots more …

Do you want to start working on one of these options as early as tomorrow? Contact us now or apply online to get the fastest and most effective process.

Quick application checklist

What do you need to apply

All that is needed to start is your contact details (the name of your company, your name, email address and telephone) and the amount you’d like to borrow, and your monthly income.

While in the process and before settlement we’ll require confirmation of your identity but not before we can begin:

  • Details of the Idenfication (valid Driver’s License)
  • Details of the company including time of trading as well as ownership information and NZBN (New Zealand Business Number)

After we start in the process, for loans greater than $150,000 you’ll require the following financial statements:

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started now.

Here's How Others Have Benefited

Examples of Business Loans

An interior designer had spotted an opportunity to grow their business and required working capital to fund this growth. With a monthly income of $300K, they borrowed $250K over the course of 24 months. The turnaround time was only 2 days, and all they had for them to provide is 12 months' worth of Bank statement along with IRD confirmation and trust deed.
Interior Designer
A company coach was seeking to invest in an health and beauty business. With just over twelve thousand dollars in monthly income the company was able to borrow $24K over 24 months. This only required twelve months worth of statement and was done in only 8 hours.
Business Coach
With the busy Christmas time fast approaching, a clothes store required working capital in order to finance additional stock and take advantage of discounts from suppliers. They were able to borrow $20K for 12 months without collateral for their assets, and they had the funds in 24 hours.
Clothing Store
A restaurant owner was wanting to open a second location and needed funds for the installation. Their bank wasn't willing to help. The average monthly income for them was $50K and they were able borrow $66K in 24 months. The turnaround time was 8 hours.
Restaurant Owner
A plumber who's been in business for 3 years with $80K in monthly sales was in search of additional funds. They borrowed $153K over the course of 36 months. The only thing needed was 12 months of bank statements and confirmation of their status with IRD. The procedure was completed within an hour and the plumber was able to access their working capital available in their account soon afterward.
Plumber

The lending landscape has changed

In the wake of traditional lenders and banks restricting credit, the steady stream of non-bank and alternative loan providers entering the market offers an incredible source for you to take advantage of.

Adelaide SME’s are now in a position to obtain finance via other lenders in Adelaide who are focused on facilitating company expansion or smoothing the cash flow problems. In the past the personal sources of credit (drawing equity from the home loan or credit cards, personal loans and credit cards) were the only alternative financing solutions within Adelaide that were around.

There is now not a need of having to depend on the real estate market to secure business credit. With an unsecured loan business funding is simple. Instead of a term loan with banks, business finance for an SME with interest rates and loan terms that can help to manage cash flow are available as business loans.

High level summary

Separate personal and business debt

There are substantial benefits associated by separating personal and company debt.

  • Your home, or other investment properties, aren’t held to allow access to funds
  • This company will be in better position to build its own, clear credit history
  • It’s substantially more straightforward at tax time
  • Businesses can easily assess how they are performing, monitor and plan on being able to clearly examine their cash flow status

Limit your exposure, and make tax times much easier. Get started with an unsecure business loan. Apply today.

For those who like the detail

Separate personal and business debt

Risk

The main benefit of keeping your individual 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 within Adelaide up to $100K, asset security will not be required so in the event that the borrower has met the loan requirements.

Credit history

Companies will be in a favourable long-term position if they can show good credit and debt ability to service.

Tax

The separation of personal as well as company finances makes it much more straightforward in the event of tax time, particularly when identifying what is the tax deductible allocation. The IRD has outlined the requirements for evidence in order to deduct deductions from an individual’s tax return. This is an area the IRD have specifically advised on.

Cash flow

Effective management of cash flows is vital to the long-term viability for any business. Through keeping your personal finances and company finance separate, companies can easily view, monitor and plan based on the ability to effectively determine their cash flow status.

I'm now able employ an experienced marketer to help me increase the success of my business to the next level of business growth.
Growing Business
I'm able to get my tax back on time.
Small Business Owner
Business loan interest rates and repayment terms as well as flexible repayment options to suit the requirements of your business requirements.
Business Lending Options
A simple loan application process with a huge loan limit, with minimal credit criteria and no requirement to create a business plan. Don't use your personal credit card or business credit card to fund your company.
Unsecured Loans Made Simple
Business loans, particularly an unsecured unsecured business loan or line of credit to business financing need not be a stressful process. Business finance in the form of small business loans with an interest rates and repayment term that is suitable for your company budget.
Business Lenders for Business Goals
I'm now able take a holiday knowing I am confident that my Adelaide company will run smoothly.
Local Business Owner
I'm now able to finance the fitout of our fresh Adelaide resturant without having to pull cash from the other locations.
Adelaide Resturant Owner
I can now make coffee for my clients with the very best equipment.
Cafe Owner
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

About The Adelaide Small Business Loans

Tell me what you think of the Adelaide Small Business Loans

Adelaide unsecured loans offers the range of $5,000 to $100,000. Terms range from 3 and 24 month and cash flow friendly repayments that are either daily or weekly.

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

It is possible to apply to get the Small Business Loan in under 10 minutes via the internet or over the phone, receive an immediate response, and the money could be on your account within 24 hours. Traditional business loans reference an annual interest rate plus other fees and charges. We offer a business loan is an upfront priced loan therefore you’ll know in advance the amount you will have to pay, including any interest, fees or charges. This is then broken down into either a daily or weekly amount to be paid back.

What could be the Small Business Loan be used for?

It is a Small Business Loan can be used to fulfill almost every company use, including cash flow management, business remodeling, marketing to purchase inventory, new equipment, as general working capital and so much more. The loan cannot be used for personal reasons.

About larger Adelaide Business Loans

What is the Larger Adelaide Business Loan?

The Larger Business Loan is a larger amount of loan to help business growth opportunities. Loans range between $100,000 and $500,000 over a fixed term up to 36 months. Repayments are weekly or fortnightly depending on your situation.

How’s the Origination Fee calculated?

A Larger Business Loan has an Origination Fee which is determined at 2.5 percentage of the loan amount.

Am I eligible for the Larger Business Loan?

To qualify for a loan that is this large the business needs to have been operating for a minimum of 3 years and generate an annual revenue of $700,000. The applicant must also be a New Zealand Citizen (or Permanent Resident) at least 18 years old or have a New Zealand company (with a valid NZBN/IRD) and be able to demonstrate at least 12 months of trading.

What can I use the funds for?

A Larger Business Loan can be used for nearly every company reason, such as company remodeling, buying inventory or new equipment, 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 to obtain funding above $150,000. It’s by taking a charge over assets, and could be registered through the PPSR or making a caveat.

A personal or director’s ensure is a commitment to repay credit that is general in nature rather than specifying security over an asset. The person signing the guarantee is personally accountable if the company the borrower fails to re-pay the debt.

The Personal Property Securities Register (PPSR) is an online, central registry run by the New Zealand Government. It reflects security interests registered in respect of personal property (including items or assets). The PPSR allows priority over personal property to be granted according to the date a registration of a security interest.

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

What is a pre-approval minus Credit Check?

If you’re requesting an enterprise loan of more than $250K, we may offer an initial pre-approval in order to simplify the process. We may be able to apply for this without a credit verification and within 6 hours of the initial application. This pre-approval is made based on an initial assessment that includes you answering some financial health questions. It is not an offer of credit or guarantee of funds. The approval of a conditional loan is subject to an extensive credit evaluation and any offer you are offered could be on different conditions.

Application process

Do I qualify for funds?

You can apply for an company loan if you;

  • are a New Zealand Citizen (or Permanent Resident)
  • are at least 18 years old, have a New Zealand company (with a valid NZBN/IRD)
  • you must demonstrate at minimum 6 months’ worth of transactions (for you to qualify for unsecured loan $5K – $100K) or 3 years of trading (for the Larger Business Loan $100K - $500K)

How do I apply?

The application process is quick and simple. Just complete the online application in just a few minutes, and a dedicated business expert in lending will call you to help you.

To apply for up $100,000 you’ll need ID details (valid Driver’s License) along with an NZBN/IRD that is valid and at least six months worth of bank statements.

Otherwise, for larger loan sizes, you’ll require:

$100K to $250K: Application requirements, including credit consent, 6 – 12 months of IRD statements, bank statements (if the loan is greater than $150K).
$250K-$500K: Information on the application including credit consent as well as 12 months bank statement, an IRD statements, last 2 years finalised financial statements, as well as interim current financial year financials, Aged Payables and Aged Receivables reports.

How fast will I get a decision?

For an unsecured loan ($5K up to $100,000) we typically provide an answer within an hour – as long as you apply at standard business hours and permit us to use the advanced bank verification system link to instantly verify your bank information online. If you opt to upload copies of your bank statements , we will be able to offer a decision within one business day.

For the Larger Business Loan ($100K up to $500,000) we could be capable of provide you with conditional pre-approval in around 6 hours. Once you have signed the pre-approval document, you will need to wait between 2 and 3 days for the final approval, however it could be faster based upon the circumstances for each application. Some agreements have been approved in less than 24 hours.

The most efficient method for you to apply is ensure you apply during normal business hours and let us use the advanced bank verification system to verify your bank information online. If you choose to send us documents from your account statements it can take a bit longer.

How fast will I get the cash?

For the Small Business Loan ($5K to $100K) we can often provide an answer within an hour – as long as you submit your request during standard business timings and you allow us to use the bank verification system to instantly verify your bank details online. If you decide to upload copies of your bank statements, we are able to provide the decision in as little as the span of one business day.

If you are applying for Larger Business Loans ($100K up to $500,000) we could be capable of offer the conditional pre-approval in about six hours. Once you have 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 transactions have received approval in less than 24 hours.

The fastest method for you to apply is ensure you apply during standard business hours, and allow us to use the advance bank verification to instantly verify your bank account information online. If you send us documents from your account statements it will take a little longer.

How much can I borrow?

We offer loans ranging from $5,000 to $500,000. When you submit an application for a certain amount we take into consideration a range of elements for determining how much we can lend you well-being of your business and the amount of repayments that your company will be able to support. The total amount of your loan will be contingent on the particular circumstances for your company.

When you submit an application for a set amount, we look at a range of aspects to assess how much we can lend you such as well-being for your business and the level of repayments that your business can afford. The total amount of your loan will depend on the specifics for your business.

Fees & repayments

How much should you charge for an business loan?

When you request one of our company financing, we’ll assess the risk assessment of your company and offer you with a tailored offer that includes the loan amount, the terms and interest rates. It is a company loan is a loan that is priced upfront which means you know the exact amount to be paid, including any costs, fees, or interest rates.

What determines the amount I’m charged?

Interest rates for company loans rates differ based on various factors including the amount of money borrowed, the business assets the money will be used for as well as the field the company is operating in, how long the business has been running, whether the company has enough cash flow to fund the loan, and also the general health as well as creditworthiness business.

What are the cost?

There aren’t any hidden charges with our business loans. You’ll know precisely how much you’ll be required to pay, and when, starting from the day you sign up. There’s no compounding interest, and no additional fees (as as long as you pay your payments in time).

We do not charge an Application Fee. You can make an application for loans with without any upfront costs or any obligation to sign up.

The Origination Fee is the cost associated with the setting up and management of the loan. The only way to pay this fee if you decide to take the loan. The Origination Fee for us is 2.5% of the loan amount.

Can I repay the loan earlier?

You can repay the total amount of your loan early at any time.

If you are deciding to take this route, please speak to our friendly business loans specialists. We will offer you with the details of your repayment along with an early payout estimate. The figure will be calculated as the sum of the principal remaining plus any accrued interest as of the date of early payout and 1.5% of the principal amount remaining as well as any outstanding fees.

What are the repayment methods?

To help you avoid missing payment dates and to align your cash flow cycle we provide payments that are either weekly or daily. They are automatically deducted from the nominated company account.

Security & privacy

Will my data be protected?

Making sure that your information is secure, and making it clear how we collect the information we collect, use, share and safeguard your data, is of huge importance and an integral part of our relationship you.

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

Yes. We make use of industry-standard encryption standards to protect your sensitive, personal as well as financial data. Our funders are ISO 27001 certified for our dedication to customer security and privacy. We employ a highly sophisticated bank verification system that allows you to instantly verify your bank account information online so we can offer quick responses.

About business loans

What is asset-based borrowing (a secured loan)?

Asset-based borrowing is when the company owner utilises an asset that they own to secure the funding. The asset may be an asset belonging to the personal, like the family home or it could be a company property like a truck or piece of equipment.

The vast majority of lending institutions, not just the big banks, tend to make loans secured by assets. If you’re having trouble paying back the loan, the asset could be taken over by the lender. In essence it is a way of securing new financing by using the value of what you already have.

Should I require security for a company loan?

For loans of up to $150K, the requirement for asset security is not required prior to the loan’s access, however we do require the personal guarantee. So long as you comply with your loan commitments (as specified in your loan contract document) Asset security is not needed. For loans of over $150K typically, you will need the option of a personal ensure and security in the form the charge of assets.

Industries we currently aren't able to help with

  • Anything adult industry related
  • Auction websites & auction houses
  • Debt collection firms & debt purchasers
  • Direct marketing such as direct-mail, mail order, fundraising, telemarketing etc.
  • Finance institutions & lenders
  • {Firearm related businesses
  • Foreign currency exchange solutions
  • Freight forwarding and customs clearing houses
  • Anything gambling related
  • Non-profit organisations such as charities and churches etc.
  • Panel beaters & smash repairers
  • Pawn shops & pawnbrokers
  • Property developers
  • Shares, stockbrokers & investment businesses
  • Tattoo studios
  • Ridesharing & taxi services
  • Ticket resellers & entertainment sales
  • Towing services
  • Used vehicle companies
  • Car glass tintingfirms
  • Vehicle dismantlers

We can’t assist with an unsecured business loan in those industries, we might be able to assist by providing an secured business loan.

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Adelaide Unsecured Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

Apply Now

Apply Now

Contact Us

Contact Us

Contact Us

Fill out the form below or Call Now
1300 932 064