An Epuni unsecured business loan is easy and quick to obtain. Approve your loan in a matter of minutes and start using the funds for your business.
You can expect:
The criteria for eligibility for an unsecured business loan in Epuni are fairly minimal.
Call Now 0800 510 024The process of applying for business loans in Epuni company financing in Epuni with us is easy and takes only less than a minute, with no long lines of paperwork or waiting in line.
Receive approval and funds within 1-2 business days.
We are aiming to assist Epuni businesses of all sorts small, medium even entrepreneurs to obtain money quickly, so that they can take advantage of loans to expand and develop.
The requirements for obtaining an unsecured business loan in Epuni of between $5K and $100K are fairly minimal.
Do you require more money? Review the conditions of eligibility for our $100K to $500K company credit.
The eligibility requirements for loans from larger Epuni company loans of between $100K and $500K include:
Are you looking for a lower amount of capital? Take a look at the guidelines for eligibility for our $5K to $100K Epuni unsecured company loans.
An Epuni unsecured loan is perfect for virtually every business reason. Talk to us today.
Do you want to begin one of these options as early as tomorrow? So, contact us or send your application online for the quickjest fasted way.
All that’s required to start is your contact details (company name, your name, email, phone), how much you’d like to borrow as well as your monthly income.
While in the process and before settlement we will require confirmation of your identity however, not in order to begin:
After we start in the process, for loans greater than $150,000 you’ll also need fundamental financial statements:
Let’s get started.
In the wake of traditional lenders and banks tightening credit conditions The steady flow of non-bank and alternative loan providers entering the market provides a great resource to make use of.
Epuni SME’s are now able to access finance through alternate lenders servicing Epuni who are focused on enabling business expansion or smoothing out problems with cash flow. In the past, when personal credit sources (drawing equity from the house loan or credit cards, personal loans and credit cards) provided the most viable alternative funding solutions for Epuni that were available.
There is now not a requirement of having to rely on real estate to secure company credit. With an unsecured loan business funding is simple. Instead of a loan for a term with the bank, business finance for an SME with interest rates and loan terms that can help in cash flow are available as business loans.
There are numerous benefits with the separation of personal and business debt.
Reduce your risk, make your tax time much easier. Get started with an unsecure company loan. Apply today.
One major benefit of keeping your private and business assets apart will be the fact that your home isn’t required to be tied to the funds. For a modest business loan in Epuni up to $100K an asset security agreement will not be needed as long as the borrower is able to meet the loan requirements.
Companies are in a favourable long-term position if they are able to demonstrate credit/debt capability.
A separation between personal and company finances makes it more seamless with regards to tax time - especially when it comes to determining the tax deductible allocation. The IRD has laid out guidelines on the proof required to be able to claim deductions on a business’s tax return. This is an area the IRD has advised specifically on.
A well-organised cash flow management system is essential to the longevity in any business. By keeping the personal financial and business finances distinct, businesses can easily view their cash flow, plan and monitor it based on their ability to accurately determine their cash flow status.
Epuni unsecured loans provides the range of $5,000 to $100,000. The terms range between 3 and 24 month and cash flow-friendly repayments, which are either daily or weekly.
You can apply to get this Small Business Loan in under 10 minutes on the internet or over the phone. You’ll get an immediate response, and have the funds on your account within 24 hours. Traditional company loans have an interest rate per annum plus other fees and charges. This company loan is an upfront priced loan therefore you’ll be aware in advance of the total amount due, which includes any fees, charges or charges. This is then broken down into either weekly or daily payment amount.
A Small Business Loan can be used for almost every business reason, such as cash flow management, company remodels and marketing, to purchase inventory or new equipment, to fund general working capital and so much more. The loan is not available for personal purposes.
The Larger Business Loan is a larger amount of loan to help business expansion opportunities. Loans range from $100,000 to $500,000 for a fixed period of that can last up to 36 months. Repayments are either weekly or fortnightly in order to accommodate you cashflow.
The Larger Business Loan has an Origination Fee, calculated at 2.5 percent of the loan amount.
To qualify for a loan in this amount, your business needs to be trading for at least 3 years and generate an annual revenue of $700K. Your company must belong to a New Zealand Citizen (or Permanent Resident) at least 18 years old and have a New Zealand company (with a valid NZBN/IRD) and be able to demonstrate at minimum 12 months of continuous trading.
A Business Loan of a larger size can be used to fund almost any business use, including company renovations, to purchase equipment or inventory or as general working capital and so much more. The loan cannot be used for personal use.
Asset security is required to access funding over $150,000. This is by taking a charge on assets and can include registration in the PPSR or making as a caveat.
A personal or director’s guarantee is a commitment to pay back a loan that is general in nature, rather than stating the security of a specific asset. The person who signs the ensure is personally accountable if the company creditor is unable to repay the debt.
The Personal Property Securities Register (PPSR) is an online central register run by the New Zealand Government. It contains security interests granted to individuals who own personal property (including objects or assets). The PPSR permits priority over personal property to be assigned in accordance with the date on which a security interest has been registered.
Caveats are legal document lodged to offer the legal claim on a property.
If you’re requesting a Larger Business Loan that exceeds $250,000 it is possible to offer an initial pre-approval to make the process. We may be able to do this without a credit check, and within six hours of your initial application. The pre-approval process is based on an initial evaluation that involves you answering some financial health questions. It’s in no way an offer, nor is it a guarantee of credit. Acceptance without condition is subject to an assessment of your creditworthiness and any offer that you might receive could be on different conditions.
You are eligible to apply for an business loan if you
The process for applying is fast and easy. Simply complete the online form in just a few minutes, and an experienced business expert in lending will contact you to guide you.
To be eligible for up to $100,000 you’ll need proof of identity (valid Driver’s License), a valid NZBN/IRD and at least six months worth of bank statements.
In addition, for larger loan sizes, you’ll require:
$100K-$250K: Application details 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, 12 months of bank records, IRD statements as well as the two most recent years’ financial statements, plus interim financials from the current financial year including Aged Payables, Aged Receivables summary.
For an unsecured loan ($5K or more) we usually provide an answer in just one hour if you submit your request within standard company hours and let us use the advanced bank verification system to instantly verify your bank details online. If you choose to upload copies of your banking statement, we’ll provide a decision in as little as an business day.
For the Larger Business Loan ($100K and up) we may be capable of provide you with pre-approval conditional to your application in around six hours. Once you have signed the pre-approval document, you will need to wait around 2-3 days for final approval, however it could be faster based upon the circumstances for each application. Certain deals have been approved in 24 hours.
The most efficient method would be to ensure you apply during normal company hours and permit us to use the advance bank verification link to instantly confirm your bank details online. If you choose to upload documents from your account statement, it can take a bit longer.
For the Small Business Loan ($5K and up) we usually provide an answer within an hour – as long as you make your application within standard business hours and let us use the bank verification system link to instantly verify your bank information online. If you decide to upload copies of your banking statements we can provide the decision within 1 business day.
If you are applying for Larger Business Loans ($100K or more) We may be capable of provide you with conditional pre-approval in about six hours. Once you’ve signed your pre-approval, the turnaround time is between 2 and 3 days for the final approval, however this may be quicker depending on the circumstances of each application. Some deals have been approved within the space of 24 hours.
The quickest method can be make sure you apply during standard business hours. You can also allow us to use our sophisticated bank verification link to check your bank’s information online. If you choose to send us documents from your account statements, it will take a little longer.
We offer loans ranging from $5,000 and $500,000. When you make an application for a specific amount we look at a variety of elements in order to assess your well-being of your business as well as the amount of repayments that your business can support. The amount you receive from your loan will be contingent on the specific circumstances for your business.
When you make an application for a set amount, we look at a range of aspects to determine how much we can lend you such as health for your company and the extent of payments your business is able to afford. The amount you receive from your loan will be determined by the specific circumstances that are unique to your company.
If you decide to apply for our business loans, we’ll assess the risk profile that you have for your business and provide an individualised offer including the amount of loan, the term and the interest rates. The business loan is an upfront cost loan so you will know in advance the total amount payable including any charges, interest rates or fees.
The interest rates on company loans rates depend on several variables like the amount to be that is borrowed, what company assets the funds will be used for, the industry the company operates in, the long the business has been operating for, how long the business has sufficient cash flow to fund the loan, and overall health and creditworthiness of the company.
There aren’t any hidden charges with our company loans. You’ll know exactly how much you’ll be required to pay and when, starting from day one. There’s not any compounding interest and there are no additional charges (as long as you make your payments on time).
We do not charge an application fee. You are able to apply for a loan no cost upfront or the obligation to take action.
The Origination Fee covers the costs associated with setting up and managing the loan. This is only a fee if you choose to proceed with the loan. Our Origination Fee is 2.5% of the amount of loan.
You can repay the total amount of your loan in full at any time.
If you do decide to pursue this option, please contact our helpful company loans specialists. The professionals will provide you with details on repayment as well as an early payout amount. The figure will be calculated as the total of the principal amount remaining and accrued interest to the time of early payout, plus 1.5% of the principal balance and any fees that remain unpaid.
To help you avoid missing due dates and also to be in line your cash flow schedule, we offer repayments that are either daily or weekly. These are automatically deducted from the nominated business account.
The security of your personal information, as well as making it clear the ways we gather information, use it, and exchange it, as well as secure your information, is of paramount importance and an integral part of our relationship you.
Yes. We utilise industry-recognised encryption protocols to safeguard your sensitive, personal financial information and our funders are ISO 27001 certified for our dedication to the security of our clients as well as their privacy. We make use of an advanced banking verification system to immediately verify the bank account details online, allowing us to provide an immediate response.
The term "asset-based" refers to borrowing where a company owner borrows from an asset that they own to get the loan. The asset can be either a personal asset like the family home or an business asset such as a truck or piece or equipment.
The vast majority of banks, including the major banks, prefer to guarantee loans against an asset. If you’re having trouble paying back the loan, then the asset could be sold by the lender. In essence, it’s means of securing new financing by taking advantage of the value of what you already own.
For loans that exceed $150K, there is no requirement for asset security before you are able to access the money, however we require a personal guarantee. need an individual guarantee. If you adhere to your loan commitments (as stipulated in the loan contract) the security of assets will never be needed. For loans that exceed $150K, generally there is an individual ensure and security that is in the form charges on assets.
Although we can’t help with an unsecure business loan for those industries, we might be able to help you by providing an secured business loan.
