The business loan library

How do you read the table?

Each tile is a loan type, named for what the money does. The colour tells you which route usually delivers it:

• Cobalt — property-secured. Backed by New Zealand property you or a supporting party own: home, rental, commercial or land. From $20,000 up to $1m, as a first or second mortgage, with no financials or tax returns needed for the initial assessment.
• Navy — unsecured. Assessed on turnover and bank statements, usually for businesses trading six months or more. Weaker credit is considered and decisions are sometimes made the same day.
• Amber — either. The purpose can be funded through either route, depending on what you own and how long you've traded.

Which route should you start with?

If you own property and need a larger amount, have credit history to explain, or have been trading for less than six months, start with the property-secured pages. If you rent, need a smaller amount quickly and have six months or more of healthy bank statements, start with unsecured. If your problem comes back every month or season, look at a line of credit. The which loan fits picker does this sorting for you.

What every page covers

Each loan page opens with a one-paragraph answer, then covers who it suits, what lenders check, real New Zealand examples, the tax or timing angles worth knowing, and common questions. None of them publish rates — every loan is priced on the individual situation, and our specialists look for the sharpest option available for yours.