Bridging finance up to $500k for New Zealand businesses

We provide a flexible solution for businesses facing short-term commercial cashflow challenges with loans of up to $500k

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Time-saving, efficient and paperless

For any purpose

Versatile funding that meets your needs

Maximum impact

Competitive rates and charges with no hidden fees

Peace of mind

Your application is processed rigorously and securely

What is a bridging loan?

A bridging loan is finance that solves a short-term funding problem. It’s often used to provide credit while a longer-term loan arrangement is being put into place. While usually associated with property transactions, bridge finance can be used for any purpose.

Bridging finance is usually in place for just a few days or weeks, but it can stretch over a longer period. The form of the finance can vary but what makes it a bridging loan is that it covers a gap or shortfall in working capital.

A Spotcap business loan is a flexible alternative to the traditional bridge loan. By providing the capital you need, the finance can give you the confidence to move forward with your commercial plans.

Small business finance

What is a bridging loan?

A bridging loan is finance that solves a short-term funding problem. It’s often used to provide credit while a longer-term loan arrangement is being put into place. While usually associated with property transactions, bridge finance can be used for any purpose.

Bridging finance is usually in place for just a few days or weeks, but it can stretch over a longer period. The form of the finance can vary but what makes it a bridging loan is that it covers a gap or shortfall in working capital.

A Spotcap business loan is a flexible alternative to the traditional bridge loan. By providing the capital you need, the finance can give you the confidence to move forward with your commercial plans.

How can a Spotcap loan meet my bridging finance needs?

You can use the cash you borrow from us for a wide variety of commercial purposes including:

  • Protecting your payroll

    You can’t afford a shortfall in working capital that prevents you paying your staff on time. Such shortfalls can happen due to seasonal cashflow issues or late payments by customers. Flexible access to a bridging loan can be the answer

  • Investing in a major project

    Setting out on a significant customer contract requires investment of time and money. A bridging loan can help you finance that investment before it begins to generate income

  • Purchasing a major asset

    When you’re buying a major business asset such as a vehicle or property, it can take a while to finalise finance arrangements. Short-term bridging finance can let you move ahead with the purchase, or fill a timing gap in your funding

  • Stocking your shelves

    A tailored bridging loan can be just what you need when it’s time to put new inventory onto your shelves or into your showroom. It pays to be prepared for your customers before they come to buy

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How can a Spotcap loan be a bridging loan alternative?

Because it works as an answer to short-term funding needs, a bridging loan for business requires the flexibility to respond to changing circumstances. This versatility is a core feature of a Spotcap business loan.

The advantages of using a Spotcap loan over traditional bridging finance include:

  • The entire process, from application to final settlement, is managed online.
  • You can make early repayments without incurring any penalty fees.
  • You have more control over the finance costs, due to the flexible nature of the arrangement.

It’s this flexibility, combined with the ease of arranging the finance, that makes a Spotcap business loan a popular alternative to a bridging loan.

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Business loans - what you need to know

Loan amount

Your business could benefit from a loan of between $10k and $500k

Loan terms

Repayments are typically monthly over 1 to 36 months. In addition, in the early months, you can choose how much of the loan to draw down

Criteria to qualify

Spotcap business loans are available to businesses registered and operating in New Zealand, with 18 months of trading history, a New Zealand online bank account, and turnover of at least $200k

Interest rates

The interest rate on your business loan reflects market conditions along with your recent business performance. Use our business loan calculator to estimate the interest rate and monthly repayments

Spotcap loan repayment calculator

  • Amount
    $ 125,000
  • Time
    6 months

$14,951

Monthly Repayment

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For illustrative purposes only. The example shown above is based on an average Spotcap customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

Monthly Repayment

$14,951

  • Amount
    $ 125,000
  • Time
    6 months
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For illustrative purposes only. The example shown above is based on an average Spotcap customer. We base our decisions on several criteria and loans can only be granted to borrowers who can afford repayments. For more information about responsible lending click here or contact us directly.

How to apply for your bridging loan alternative

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Sign up

Applying for a business loan starts with entering basic personal and business information

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Complete the application

Link your accounting software and business bank account, or upload financial statements to complete the loan application

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Get approval

Once approved, you’ll typically have access to your loan funds within 24 hours

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