A Voyager Point unsecured business loan is quick and simple in applying for. Get a quick apporval and use the money in your company.
What you can expect:
The criteria for eligibility for an unsecured business loan within Voyager Point are fairly minimal.
Call Now 1300 020 945Applying for an business loans in Voyager Point with us is easy and takes just about a couple of minutes, there are no long lines of paperwork or waiting in line.
Be approved and receive your money within 1 – 2 business days.
We want to assist Voyager Point businesses of all kinds, from small to medium-sized solopreneurs to access funding fast so they can take advantage of loans to expand and develop.
The eligibility requirements for an unsecured business loan in Voyager Point of between $5K to $100K are quite minimal.
Need more funds? Find out the guidelines for eligibility for our $100K-$500K business credit.
The eligibility requirements to be eligible for the larger Voyager Point company loans of between $100K and $500K include:
Are you looking for a lower amount of money? Find out the conditions for eligibility for our $5K-$100K Voyager Point unsecured business loans.
A Voyager Point unsecured loan is ideal for almost any business use. Get in touch with us today.
Are you looking to start one of these options as early as tomorrow? So, contact us today or send an application online to get the fastest and most efficient process.
All that’s needed to begin is your contact information (company name and your name, as well as email and phone) as well as the amount you’d like to borrow, and your monthly earnings.
Through the process and before settlement we’ll need confirmation of your identity but not before we can begin:
In addition, once we have started with loans greater than $150,000 you’ll also need basic financial statements:
Let’s get started now.
With banks and traditional lenders tightening their credit terms The steady flow of non-bank and alternative loan providers that are entering the market offers an excellent source for you to take advantage of.
Voyager Point SME’s are now being able to get finance from alternative lenders that service Voyager Point who are focused on enabling company expansion or smoothing out cash flow challenges. In the past, individual credit providers (drawing equity from the house loan, or using credit cards, personal loans and the overdraft) were the only alternative funding solutions within Voyager Point that were available.
There’s no need to rely on the real estate market to secure company credit. With an unsecured loan business financing is now easy. Instead of a term loan through banks, business finance for a small business with interest rates and loan terms that can help to manage cash flow are around as business loans.
There are many benefits by separating personal and business debt.
Limit your exposure, make tax time simpler, start with an unsecured busines loan. Get it today.
One of the main benefits of keeping your individual and company assets apart is that your home isn’t tied to access the funds. For a modest business loan within Voyager Point up to $100K an asset security agreement will not be required as in the event that the borrower has met the loan requirements.
Companies will be in a advantageous long-term situation if they are able to demonstrate credit/debt capacity to pay.
Separating personal and business financial accounts makes it more straightforward with regards to tax time - particularly when determining the tax deductible allocation. Particularly when determining what is the tax deductible allocation. IRD has set out rules on the evidence required to claim deductions on an individual’s tax return. This is a subject that the IRD has advised specifically on.
Effective cash flow management is crucial to the long-term survival of any company. By maintaining personal as well as company finance separate, companies can easily view their cash flow, plan and monitor it based on their ability to accurately determine their cash flow status.
Voyager Point unsecured loans provides amounts between $5,000 and $100,000. The terms range between 3 and 24 months and cash flow-friendly repayments which can be made daily or weekly.
Apply to get the Small Business Loan in under 10 minutes online or over the phone, receive an answer within the same day and the money could be in your account in 24 hours. Traditional business loans reference an annual rate of interest as well as other fees and charges. We offer a company loan is a pre-paid loan so you will know in advance the amount you will have to pay, including the interest, fees and charges. This is then broken down into either weekly or daily repayment figure.
It is a Small Business Loan can be used to fulfill almost every business purpose including control of cash flow company remodels and marketing for purchasing inventory or new equipment, as general working capital and so much more. The loan cannot be used for personal reasons.
The Larger Business Loan is a larger size of loan that can be used to fund business expansion opportunities. The loan ranges from $100,000 to $500,000 for a fixed period of up to 36 months. Repayments are either weekly or fortnightly, depending on your cash flow.
It is crucial to note that the Larger Business Loan has an Origination Fee, which is determined at 2.5 percent of the loan amount.
To be eligible for a credit of this size, your business needs to be in operation for at least 3 years, and have an annual income of at least $700K. Your company must belong to a New Zealand Citizen (or Permanent Resident) over 18 years as well as own a New Zealand business (with a valid NZBN/IRD) and be able of proving at minimum 12 months of business.
A Business Loan of a larger size can be used for almost all company reason, such as company improvements, purchasing inventory or new equipment for general working capital and so much more. The loan is not available for personal use.
Asset security is necessary to access funding over $150,000. It is usually in the form of a charge over assets, and could include registration through the PPSR or making a caveat.
A personal or director’s ensure is a promise to repay credit that is general in nature rather than stating the security of a specific asset. The person who signs the ensure is personally liable in the event that the business creditor is unable to make the repayment.
The Personal Property Securities Register (PPSR) is a central, national online registry run by the New Zealand Government. It contains security interests registered in respect of personal property (including the assets or goods). The PPSR permits preference over private property granted depending on the date that a security interest that is registered.
Caveats are legal document that is filed to provide the legal claim against a property.
If you’re applying for a Larger Business Loan of more than $250K, we may offer a preliminary pre-approval to help smooth out the process. We might be able to apply for this without a credit check and within 6 hours of your initial application. The pre-approval process is based on a preliminary assessment which includes the answer to a series of financial well-being questions. It is not an offer of credit or guarantee of credit. Acceptance without condition is subject to an exhaustive credit evaluation, and any offer you receive could be based on different terms.
You are eligible to apply for a business loan if you:
The application process is quick and easy. Just fill out the online application in few minutes and an experienced business lending specialist will be in touch to guide you through the process.
To be eligible for up to $100,000 you’ll require the right identification documents (valid Driver’s Licence) along with an NZBN/IRD that is valid and at least six months of bank statements.
For larger loan sizes, you’ll require:
$100K – $250K: Information about the application including credit consent, 6 – 12 months of bank statements, IRD statement (if you have a loan of more than $150K).
$250K – $500K: Details of the application, including credit consent, 12 month bank accounts, the IRD statements as well as the two most recent years’ financial statements, in addition to interim financials from the current financial year, Aged Payables and Aged Receivables summaries.
For an unsecured loan ($5K and up) We can usually provide a response in one hour – as long as you submit your request within standard company times and allow us to use the advanced bank verification system link to instantly verify your bank information online. If you decide to send us copies of your bank statements we can offer a decision within 1 business day.
For the Larger Business Loan ($100K or more) we might be in a position to provide you with a conditional pre-approval in around six hours. Once you’ve signed the pre-approval, the turnaround time is about 2-3 days for final approval. However, this may be quicker depending upon the circumstances for each application. Some agreements have been approved in just 24 hours.
The most effective method for you to apply is ensure you apply during standard business hours. Also, allow us to use our advanced bank verification system link to instantly check your bank’s information online. If you choose to upload documents from your account statements , it will take a little longer.
For the Small Business Loan ($5K to $100K) we can often provide an answer within an hour if you make your application within standard business time and let us make use of the advanced bank verification system to instantly verify your bank information online. If you opt to submit copies of your bank statement, we’ll offer an answer within an business day.
If you are applying for Larger Business Loans ($100K and up) we might be able to offer the conditional pre-approval in about six hours. Once you have signed the pre-approval, turnaround times are between 2 and 3 days for the final approval. However, this can be faster depending on the particular circumstances of each application. Certain transactions have received approval in just 24 hours.
The fastest way for you to apply is ensure you apply during normal business hours. You can also allow us to use our advanced bank verification system to instantly confirm your bank details online. If you decide to upload the copies of bank accounts, it may take a bit longer.
We offer loans that range from $5,000 and $500,000. If you apply for a specific amount we will consider a number of factors in order to assess what is the well-being of the business and the level of repayments that 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 set amount, we will consider a number of variables to determine how much we can lend you such as well-being of the company as well as the amount of the repayments your business can afford. The total amount of your loan will be contingent on the particulars the company.
When you apply for the company loan, we’ll assess the risk profile the company and provide you with a customised offer including the loan amount, the terms and the interest rates. This company loan is an upfront-priced loan which means you know the exact amount to be paid, including any charges or interest.
The interest rates on business loans rates depend on several factors including the amount borrowed, the business assets the money will be used for and the sector the business is operating in, how long the company has been operating for, in the event that the business has enough cash flow to support the loan, and the overall health or financial standing of the business.
There are no hidden fees with our company loans, and you’ll know precisely what you be required to pay and at what time, from the very first day. There’s no compounding and there are no additional charges (as long as you make your payments punctually).
We don’t charge an Application Fee. You can request a credit loan absolutely no upfront cost and no obligation to proceed.
The Origination Fee covers the expenses involved with establishing and managing the loan. It is only charged for this fee if you proceed with the loan. Our Origination Fee is 2.5% of the amount of loan.
You may choose to pay back the entire amount of your loan at any point in time.
If you do decide to do this please talk to one of our helpful 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 total of the principal balance and accrued interest to the time of the early payout in addition to 1.5% of the remaining principal as well as any outstanding fees.
To ensure that you don’t miss repayments and to fit in with your cash flow standard, we provide payments that are either weekly or daily. They will be automatically deducted from your business account.
The security of your personal information, as well as making it clear the ways we gather, use, exchange and secure your information, is of paramount importance and is a crucial part of our relationship you.
Yes. We use industry recognised encryption standards to protect your sensitive, personal financial information and our funders are ISO 27001 certified for our dedication to protecting the security of customers and security. We use an advanced bank verification system link to instantly verify your bank account information online to offer a fast response.
Asset-based borrowing is when a business owner borrows from the assets they have to get a loan. The asset can be either an asset belonging to the personal, like the family home or it could be a business asset such as a vehicle as well as a piece of machine.
The majority of lending institutions, even the big banks, tend to guarantee loans against assets. If you have trouble paying back the loan, then the asset might be transferred to the lender. In essence, it is means of securing new funding making use of the value of what you already have.
For loans up to $150K there is no requirement for asset security before you can access the money, however we do require an individual guarantee. As long as you follow your loan commitments (as detailed in your loan contract document) the security of assets is not required. For loans over $150,000 typically, you will need personal ensure and security is provided in the form of an asset charge.
We can’t assist with an unsecured business loan in those industries, we might be able assist by providing a secured business loan.
