Business Loan Types
Find the right financing solution for your business needs
💼
Business Term Loan
Fixed-term business funding with regular repayments
Key Features
- Fixed or variable rates
- Terms up to 15 years
- Amounts from $10,000 to $5,000,000
- Regular repayment schedule
Best For
- Business expansion
- Equipment purchase
- Property acquisition
- Long-term investments
Industry Examples
Manufacturing
Factory expansion and equipment purchase
Amount: $2.5M Term: 10 years
Retail
New store fitout
Amount: $500K Term: 5 years
⚙️
Equipment Finance
Specialized funding for business equipment and machinery
Key Features
- Asset security
- Terms matched to asset life
- Competitive rates
- Tax benefits available
Best For
- Manufacturing equipment
- Vehicles and trucks
- Technology upgrades
- Office equipment
Industry Examples
Construction
Heavy machinery purchase
Amount: $750K Term: 5 years
Logistics
Fleet expansion
Amount: $1.2M Term: 7 years
💰
Working Capital
Flexible funding for day-to-day operations
Key Features
- Quick access to funds
- Flexible use of funds
- Short to medium terms
- Line of credit options
Best For
- Inventory purchase
- Operating expenses
- Seasonal demands
- Growth opportunities
Industry Examples
Hospitality
Seasonal inventory
Amount: $150K Term: 12 months
Wholesale
Stock purchase
Amount: $300K Term: 18 months
📄
Invoice Finance
Convert unpaid invoices into immediate cash
Key Features
- Up to 90% of invoice value
- No property security needed
- Pay as you use
- Quick settlements
Best For
- B2B businesses
- Long payment terms
- Cash flow management
- Growth funding
Industry Examples
IT Services
Project funding
Amount: $200K Term: 60 days
Manufacturing
Supplier payments
Amount: $500K Term: 90 days
Loan Type Comparison
| Feature | Term Loan | Equipment Finance | Working Capital | Invoice Finance |
|---|---|---|---|---|
| Approval Time | 1-2 weeks | 2-5 days | 24-48 hours | Same day |
| Interest Rates | From 4.99% | From 5.99% | From 8.99% | From 1.5% per month |
| Loan Amount | $10K - $5M | $5K - $1M | $5K - $500K | Up to 90% of invoice value |
| Term Length | Up to 15 years | 1-7 years | 3-24 months | 30-90 days |
Eligibility Requirements
Basic Requirements
- Valid NZ business registration
- Minimum 6 months trading history
- ABN/NZBN registration
- Regular business income
Financial Requirements
- Minimum monthly revenue of $5,000
- Good credit history
- Up-to-date financial records
- Tax compliance
Required Documentation
- Business financial statements
- Bank statements (6-12 months)
- Tax returns
- Business plan (for startups)
Business Loan Calculator
Estimate your loan repayments and find the right financing option