Business Loans in New Zealand Made Simple by HomeSec

Do you require some capital for investing in a current business? Do you need some funds to start a new franchise of a profitable retail chain? Well, a business loan will assist the business owner in growing and developing your company. It is customized to assist you with the new equipment purchases, adequate cash flow, or a massive investment in your existing business. To get a business loan, you have to prove to the business lenders that your company is profitable and feasible. The lenders will also check if your company is running with no difficulty so that you can repay the loan within the set time frame.

Reasons to select Homesec as your business Loan lender

Below are some of the reasons which have made HomeSec one of the leading business leaders in New Zealand.

Higher loan approval rates

Approval of a commercial or business loan is primarily dependent on the available equity in a real estate asset. The clients can take full advantage of our experience in this area to make sure they have a higher chance of getting approval for their loans.

When it comes to investing in a business, every dollar is significant. We aim to deliver the maximum loan possible to the business owners to assist them thrive or survive.

Getting business loans in New Zealand at completive rates

The more equity available in a property the lower the rate for a business loan will be, our rates start from 1.5%pm.

Plenty of room for negotiating the Interest rates

We make sure to deliver the most competitive rates to ensure we are not easily beaten on rate.

Documents Necessary for Getting a Business Loan

Below are some of the most important documents necessary for getting a business loan in New Zealand from HomeSec.

• Evidence of ABN or ACN number
• Current rates notice
• Current mortgage statement
• Purchase and Business Sale Agreement if applicable
• Photo ID for all borrowers

How Much amount can you borrow in Business funding from HomeSec?

The total loan amount available is dependant on the amount of equity available in your property. For residential property the maximum loan amount is up to 75% of the property value, in the case of vacant land or commercial property the maximum is 70% of the value of the property.

How to get a Business loan from HomeSec?

Business lending can be hard to get approval for if you use traditional bank funding, However at Homesec we aim to have simple and easy process. If you have sufficient equity in real estate then you are almost certain to be approved.

Benefits of Business Loans from HomeSec

Now it is time to take a detailed look into the advantages of the business loans from HomeSec.

All costs can be capitalised into the loan funding
No repayments through the term of the loan
Flexible loan terms
Early repayment with no additional costs

How HomeSec calculates the interest rates of the Business Loan?

The interest rate of HomeSec Loans is primarily dependent on three things which are:

• Loan term
• Total LVR
• First or second mortgage funding

Since every business and company is different, the only way to find out how we can be of assistance is to directly contact any lending specialists at HomeSec.