Unsecured Business Loans Dundas NSW

If You Do This Today, You'll Have Everything You Need to Be Successful By ObtainingThe Help Of a Dundas Business Loan

Unsecured Business Loans Dundas

A Dundas unsecured business loan is simple and quick in applying for. Get a quick apporval and start using the funds to grow your company.

  • Could additional funds assist your company with working capital or for the potential for growth?
  • What are the best ways to finance your company needs?

What you can expect:

  • Easy process to fill out and get approved and money as early as tomorrow
  • There is no option to remittances in the first 4 weeks
  • The range of borrowing is from $5k to $500K.
  • Terms from 3-36 months
  • Competitive interest rates
  • Minimal documentation

The criteria for eligibility for an unsecured business loan to be made in Dundas are fairly minimal.

Call Now 1300 560 988
Business loans with interest rates and repayment terms as well as flexible repayment options that can be tailored to you company needs.
Business Lending Options
I'm now able to go on a holiday knowing the Dundas business will run well.
Local Business Owner
I can now fund the renovation of our new Dundas resturant without having to pull cash from the other locations.
Dundas Resturant Owner
I'm now able employ an experienced marketer to help me increase the success of my company to the next stage.
Growing Dundas Business
Business loans, specifically those that are unsecured business loan or line of credit to business financing require not be a stressfull process. Business finance in the form in the form of small business loans that have an interest rate cost, and with a repayment time which is compatible with your company budget.
Business Lenders for Business Goals
Simple loan application procedure with a generous loan limit, with minimal requirements for credit, and there is no requirement to submit a business plan. Do not use your personal credit card or business credit card to finance your business.
Unsecured Loans Made Simple
I'm able to get my taxes back to keep me on track.
Small Business Owner
I can now make espresso for clients using the best equipment.
Cafe Owner
Unsecured Business Loan Service Provider

Fast Approval Process

Making an application for the company loans in Dundas with us is simple and only takes some minutes, without lengthy forms or lines.

Approved and receive cash within 1 – 2 company days.

Helping Business Owners Looking for an Unsecured Loan

People Choose Us Because We Get Results

Our purpose is to assist Dundas companies of all sorts small, medium even solopreneurs access funding fast so they can utilise the loan to expand and develop.

  • It all starts with a simple online application or phone call
  • Flexible terms for repayment to fit your business
  • Fast funding within a day or two days
  • A team of people who want both you and your business to succeed
Simple eligibility checklist

Small Business Loan Eligibility Criteria

The requirements for obtaining an unsecured business loan in Dundas of between $5K and $100K are pretty minimal.

  • The minimum period of 6 months for which you must be in business
  • At least $6,000 revenue per month
  • Be a New Zealand based company with a New Zealand Business Number (NZBN)
  • Passport or Driver’s Licence for identification proof
  • Use a New Zealand bank as your principal trading account
  • Bank statements from the previous 6 months

Need more funds? Find out the conditions of eligibility for our $100K to $500K company credit.

Here's How Others Have Benefited

Examples of Business Loans

The proprietor of a small supermarket that was making $70K a month borrowed $76K over a 24 month term with no repayments for the first four weeks. This had a requirement of 12 months' bank statements. The turn around time was 6 hours from the time of application until receiving the money.
Grocery Store Small Business Loan
A restaurant owner was wanting to open a second location and required funds to renovation. The bank was not interested in helping. Typical monthly revenue for them was $50K. They borrowed $66K for 24 months. The turnaround time was 8 hours.
Restaurant Owner
Following the purchase of a pizza restaurant and 2 liquor stores six to 12 months prior, the new owners needed more funds. The total revenue of the two stores was more than 500K per month. They were able to borrow $300K, split out as $100K per store with an option of both 24 and 36 months. No security over the owner's homes was needed.
Owner of a Pizza Store & 2 Liquor Stores
An interior designer had noticed an opportunity to increase the size of their company and needed working capital to fund this growth. With an annual revenue of $300K they took out a loan of $250K for 24 months. Turnaround time for them was only two days and all they had to provide is 12 months' worth of Bank statements along with IRD confirmation and trust deed.
Interior Designer
With the busy holiday season nearing, a clothing store needed additional working capital to finance additional stock and also benefit from discounts offered by suppliers. They took out a loan of $20K over a period of 12 months, with no collateral for their assets, and they had the funds in less than 24 hours.
Clothing Store
Simple eligibility checklist

Larger Dundas Business Loan Eligibility Criteria

The criteria to be eligible for larger Dundas business loans of between $100K and $500K include:

  • Minimum of 3 years trading in business
  • A minimum of $700K annually in revenue
  • You must be a New Zealand based business with an New Zealand Business Number (NZBN)
  • Passport or
  • Driver’s License to serve as identification proof
  • Make sure you have an account at a New Zealand bank as your main trading account
  • Bank statements from the last six months
  • Certain financial statements, such as Profit & Loss, and aged accounts Payable and Receivable

Do you require a smaller amount of funding? Check out the conditions for eligibility for our $5K-$100K Dundas unsecured company loans.

Business Lending for a Cash Injection

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

A Dundas unsecured loan is great for virtually every company use. Get in touch with us today.

  • Add or remodel commercial properties
  • Staff expansion for busy times
  • Boost stock quantities to keep up with demand
  • Make a brand new website or enhance your marketing
  • Consider investing in new equipment, tools or technology
  • Purchase additional stock to meet seasonal demand
  • Manage cash flow fluctuations
  • And many more …

Do you want to begin one of these options as early as tomorrow? So, contact us today or send an application online to apply the fastest, most convenient way.

Quick application checklist

What do you need to apply

All that’s required for starting is your contact information (the name of your company, your name, email address and phone), how much you’d like to borrow and your monthly earnings.

During the process and before settlement we will need confirmation of your identity, but not to get started:

  • Idenfication information (valid Driver’s License)
  • Information about the company, including details on trading hours, ownership details , and NZBN (New Zealand Business Number)

Additionally after we get started, for loans over $150,000 you’ll also need basic financial statements:

  • Profit & Loss statement
  • Aged payables
  • Aged receivables

Let’s get started now.

 

Here's How Others Have Benefited

Examples of Business Loans

The owner of a restaurant wanted to open a second restaurant and needed funding to installation. The bank was not interested in helping. The average monthly income for them was $50K and they were able borrow $66K for 24 months. It took only 8 hours to get access to the funds.
Restaurant Owner
Following the purchase of a pizza place as well as two liquor stores six to 12 months earlier the new owners were seeking additional funds. The total revenue of the two stores was more than $500K per month and they were able to obtain $300K. This was then split as $100K per store with two different 24 and 36 month terms. No security over the owner's houses was needed.
Owner of a Pizza Store & 2 Liquor Stores
A gym that was operating for over three years, was planning to expand and was in need of additional equipment. With a monthly turnover of $37K they borrowed $72K over a 24 month period. No security was required and the loan was settled in 24 hours.
Gym
A designer for interiors had seen an opportunity to expand their company and required working capital to finance this expansion. With a monthly income of $300K, they borrowed $250K over the course of 24 months. The time to turn around for them was only two days and all they needed to present is 12 months' worth of Bank statements IRD confirmation, as well as trust deed.
Interior Designer
With the busy Christmas season nearing, a clothing store needed additional working capital to buy more stock and also benefit from discounts from suppliers. They secured $20K over the course of 12 months without collateral for their assets, and they had the funds in less than 24 hours.
Clothing Store

Unsecured Business Loan Dundas NSW 2117

The lending landscape has changed

With traditional and bank lenders increasing their credit requirements as well as the continuous stream of alternative and non-bank loan providers that are entering the market provides a great resource to tap into.

Dundas SME’s are now being able to get finance from alternative lenders who service Dundas who are focused on enabling business growth or smoothing out the cash flow problems. In the past, when personal credit sources (drawing equity from a home loan, or using credit cards, personal loans and overdrafts) were the only alternative financing solutions in Dundas that were available.

There’s there is no requirement of having to depend on the real estate market to secure company loan. With an unsecured loan business financing is now easy. Instead of a traditional term loan from a bank, business finance for an SME with interest rates and loan terms that can help in cash flow are available as business loans.

 

 

High level summary

Separate personal and business debt

There are many advantages associated by separating personal and company debt.

  • Your home or other investmentsaren’t tied in order to access funds
  • It is the company will be in better position to build its own, solid credit history
  • It’s significantly more seamless during tax time
  • Companies can quickly view their cash flow, monitor and plan based on being able to clearly examine their cash flow status

Lower your risks, make tax time more simple, apply for an unsecure business loan. Make an application today.

For those who like the detail

Separate personal and business debt

Risk

One big drawcard for keeping your private and company assets separate can be that your home isn’t tied to allow access to the funds. For a small business loan within Dundas up to $100K, asset security will not be required so long as the borrower meets the loan requirements.

Credit history

Companies are in a favourable long-term position if they can demonstrate good credit/debt capability.

Tax

It is crucial to separate personal from company finances makes it significantly more seamless when it comes to tax time - particularly when determining what is the tax deductible allocation. Particularly when determining what is the tax deductible allocation. IRD has set out rules on the evidence required for claiming deductions on an individual’s tax return. This is a subject that the IRD have specifically advised on.

Cash flow

Effective cash flow management is crucial to the long-term success of any business. Through maintaining personal as well as company finances distinct, companies can easily view their cash flow, plan and monitor it based on the ability to effectively examine their cash flow.

An easy loan application process with a generous loan limit, with minimal requirements for credit, and no requirement to present a business plan. You no longer need to use your personal credit card and company credit card to finance your business.
Unsecured Loans Made Simple
I'm now able take an extended vacation knowing that it is safe knowing that Dundas business will run without a hitch.
Local Business Owner
I'm able to get my taxes back on time.
Small Business Owner
Business loans, especially an unsecured unsecured business loan or line of credit to business funding require not be a stressful process. Business finance is in the form in the form of small business loans at a fixed interest rate cost, and with a repayment period that fits the requirements of your business financial needs.
Business Lenders for Business Goals
I am now able to make coffee for my customers using the very best equipment.
Cafe Owner
Business loans with interest rates and repayment terms as well as flexible repayment options to meet you company needs.
Business Lending Options
I can now fund the renovation of our newly constructed Dundas resturant without having draw cash from other restaurants.
Dundas Resturant Owner
I'm now able hire an experienced marketer to help me increase the success of my business to the next step of business growth.
Growing Business
FAQ: business lending & business loans for business owners

Business Loans Frequently Ask Questions

About The Dundas Small Business Loans

Tell me about the Dundas Small Business Loans

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

What is how is the Unsecured Loan different from an ordinary company loan?

You can apply to your Small Business Loan in under 10 minutes on the phone. You’ll receive an answer within the same day and the money could be in your account within 24 hours. Traditional company loans are based on an interest rate per annum as well as other fees and charges. The company loan is a pre-paid loan and you’ll know in advance the amount you will have to pay, including any interest, fees or charges. This is then broken down into weekly or daily installment amount.

What can you use the Small Business Loan be used for?

The Small Business Loan can be used for almost every company use, including managing cash flows, company improvements, advertising to purchase inventory, new equipment, or as general working capital and so much more. The loan cannot be used for personal purposes.

About the Larger Dundas Business Loans

What is the Larger Dundas Business Loan?

The Larger Business Loan is a larger size loan to aid in company expansion opportunities. The loan ranges from $100,000 to $500,000 over a fixed term that can last up to 36 months. Repayments are either weekly or fortnightly to work with your situation.

How’s the Origination Fee calculated?

The Larger Business Loan has an Origination Fee which is calculated at 2.5 percent of the amount of the loan.

Can I get the Larger Business Loan?

In order to be eligible for a loan that is this large the company needs to have been operating for at least three years and have an annual turnover of $700,000. It is necessary to be a New Zealand Citizen (or Permanent Resident) who is over the age of 18 and have a New Zealand business (with a valid NZBN/IRD) and be able to demonstrate at least 12 months of trading.

How can the funds be used for?

A Business Loan of a larger size can be used for nearly any company use, including business renovations, purchase of new equipment or inventory, as general working capital and so much more. The loan is not available for personal purposes.

Is the Larger Business Loan one that requires security?

Asset security is required for accessing funds over $150,000. It is usually as a result of an charge on assets, which could also include the registration of this on the PPSR or filing as a caveat.

A director’s or personal guarantee is a guarantee to pay back a loan that is generally in nature rather than defining the security for a particular asset. The person signing the ensure is personally liable if the business the borrower fails to re-pay the debt.

The Personal Property Securities Register (PPSR) is a central, national online registry run by the New Zealand Government. It lists security interests that are which are registered with respect to personal property (including objects or assets). The PPSR allows prioritisation over property that is personal to be assigned according to the date a security interest has been registered.

The caveat can be described as a formal document that is filed to provide notice of a legal claim against a property.

What is a pre-approval that does not require Credit Check?

If you’re requesting larger business loans of $250K or more, we may offer an initial pre-approval in order to simplify the process. We might be able to apply for this without credit checks and within six hours of your initial application. This pre-approval is based on a preliminary assessment which includes you answering some financial health questions. This is neither an offer nor a guarantee of credit. Acceptance without condition is subject to a full credit assessment and any offer you are offered could be based on different conditions.

The application process

Can I be eligible for funding?

You may apply for a company loan if you

  • are a New Zealand Citizen (or Permanent Resident)
  • are 18 years or older, own a New Zealand company (with a valid NZBN/IRD)
  • must show at least six months worth of trade (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 simple and easy. Just fill out the online application in few minutes and an experienced business lending specialist will be in touch to assist you.

To be eligible for up to $100,000 you’ll need proof of identity (valid Driver’s Licence) along with an NZBN/IRD that is valid and at least 6 months of bank statements.

In addition, for larger loan sizes, you’ll also need:

$100K – $250K: Details of application, including credit approval, 6-12 months of bank statements, IRD statement (if credit is over $150K).
$250K – $500K: Details for application including credit consent, 12 month bank accounts, the IRD statements as well as the two most recent years’ financial statements, as well as interim financials from the current financial year, Aged Payables and Aged Receivables reports.

What speed will I be able to get an answer?

For an unsecured loan ($5K up to $100,000) we can often provide a response in one hour – as long as you make your application in standard business hours and let us utilise the advanced bank verification system to immediately verify your bank account information online. If you want to upload copies of your banking statements , we’ll be able to offer the decision in as little as the span of one business day.

For the Larger Business Loan ($100K up to $500,000) we might be likely to provide you with conditional pre-approval within 6 hours. Once you have signed the pre-approval, turnaround times are between 2 and 3 days for the final approval, however this may be quicker depending on the particular circumstances of each application. Some transactions have received approval within the space of 24 hours.

The quickest method for you to apply is ensure you apply during normal business hours. Also, permit us to use the modern bank verification to instantly verify your bank account information online. If you upload duplicates of your banking statement, it can take a bit longer.

How soon will I receive the funds?

For the Small Business Loan ($5K to $100K) we typically provide a response in one hour if you make your application at standard business timings and let us utilise 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 in just the span of one business day.

For Larger Business Loans ($100K to $500K) we might be in a position to provide the conditional pre-approval within about 6 hours. Once you have signed the pre-approval, the turnaround time is about 2-3 days for final approval, however this can be faster depending on the circumstances of each application. Certain agreements have been approved within just 24 hours.

The fastest way can be make sure you apply during standard business hours and allow us to use the advanced bank verification system link to instantly verify your bank information online. If you choose to upload the copies of bank statement, it will take a little longer.

What is the maximum amount I can borrow?

We offer the loan amount between $5,000 to $500,000. When you make an application for a certain amount, we take into consideration a range of aspects in order to assess how much we can lend you health of the company as well as the amount of repayments your company will be able to support. The total amount of your loan will be contingent on the particular circumstances of your company.

When you submit an application for a set amount, we take into consideration a variety of elements to assess your health for your business and the amount of payments your company is able to afford. The amount you receive from the loan will be determined by the particular circumstances the business.

Fees & repayments

How do you charge for the cost of a business loan?

If you decide to request the business loan, we will assess the risk profile for your company and provide you with a customised proposal that includes the amount of loan, the term and the interest rates. It is a company loan is an upfront cost loan so you will be aware in advance of the total amount to be paid, including any interest rates, fees or charges.

What determines the rate that I pay?

Interest rates for company loans rates depend on a variety of factors like the amount of money that is borrowed, what business assets the funds will be used for as well as the field the company operates in, how long the company has been running, in the event that the company has sufficient cash flow to fund the loan, and overall health or financial standing of the company.

What are the costs?

There are no hidden costs for our business loans. You’ll know precisely what you need to pay and when, from day one. There’s no compounding and no extra fees (as long as you make your payments punctually).

We don’t charge an Application Fee. You can request a credit loan with no cost upfront or commitment to apply.

The Origination Fee covers the expenses involved with setting up and managing the loan. You are only charged this fee if you decide to take the loan. Our Origination Fee is 2.5 percent of the loan amount.

Can I pay off the loan in advance?

You can choose to repay the total amount of your loan at any point in time.

If you choose to pursue this option, please speak to our friendly business credit experts. The experts will offer you with details on repayment as well as an early payout amount. It will be calculated using the sum of the principal remaining and the accrued interest up to the time of early payment in addition to 1.5% of the principal amount remaining plus any outstanding fees.

What are the repayment methods?

To help you avoid missing due dates and also to be in line with your cash flow general, we offer repayments either weekly or daily. They are automatically deducted from your business account.

Security & privacy

Will my information be protected?

Security of your data, and making it clear how we collect the information we collect, use, share and protect your information, is of huge importance and is a crucial part of our relationship you.

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

Yes. We use industry recognised encryption techniques to protect your sensitive, personal financial and other data. Our funders are ISO 27001 certified for our dedication to security for our clients and security. We make use of an advanced bank verification system link to instantly verify your bank account details online to provide a fast response.

About business loans

What’s an asset-based borrow (a secured loan)?

The term "asset-based" refers to borrowing where an business owner borrows from an asset that they own to secure a loan. The asset could be an individual property, such as the family home, or a company asset like a truck or other piece of machinery.

The vast majority of banks, even the big banks, tend to secure loans against an asset. If you have trouble paying back the loan then your asset may be sold by the lender. In essence it is a way of securing new financing by making use of the value of what you already have.

What do I need security to get a company loan?

For loans up to $150,000 there is no requirement for asset security in advance to gain access to the funds but we require a personal guarantee. require the personal guarantee. As long as you follow your loan commitments (as specified in the loan contract) the security of assets will never be needed. For loans that exceed $150,000, generally, you can get an individual ensure and security in the form an asset charge.

Industries we currently aren't able to help with

  • Anything adult industry related
  • Auction houses or auction websites
  • Debt collection agencies & debt purchasers
  • Direct marketers such as direct-mail, mail order, fundraising, telemarketing etc.
  • Finance institutions and lenders
  • {Firearm businesses
  • Foreign currency exchange solutions
  • Freight forwarding and customs clearing houses
  • Anything gambling related
  • Not-for-profit organisations, charities and churches etc.
  • Smash repairers or panel beaters
  • Pawnbrokers and pawn shops
  • Property developers
  • Investment business, shares or stockbrokers
  • Tattoo studios
  • Ride sharing and taxi services
  • Ticket resellers & entertainment sales
  • Towing services
  • Secondhand car companies
  • Vehicle glass tintingservices
  • Automotive dismantlers

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

Sydney Small Business Loans Services

Unsecured Business Loans

Unsecured Business Loans

Eligibility Requirements

Eligibility Requirements

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1300 560 988