Small business finance of up to $500k

Give your company the boost it needs to grow. Learn more about finance from Spotcap.

Unsecured — no collateral required

Free, non-committal application

Decision in one working day

No penalty for repaying early

Free to move forward

Take your next step with simple and fast business financing

Unsecured loans up to $500k

Repayment schedules up to 36 months

Only pay interest on what you use

Paperless online application

We ignite opportunities for thousands of businesses

Don’t just take our word for it. Read about aspirational businesses we have financed

Business Line of Credit Quote New Zealand

"Spotcap finance enabled us to grow and having that emotion that someone believed in your vision just left us feeling great"

Jennifer Hart

Director of Everyday Cashmere

Benefit from flexible finance solutions

Our finance suits many different business needs

  • Boost working capital

    Reluctant to start a project that might drain your cash reserves? External finance can support your working capital while you focus on growth.

  • Stock your shelves

    Busy season on its way? Broadening your product range? Whichever plan you put in place, secure its success with a solid budget.

  • Bridge receivables

    Shield your business from outstanding customer invoices. With extra finance, you can pursue new contracts before payments start coming in.

  • Cover an unexpected bill

    An unforeseen expense can deal a hard blow to your cash flow reserves. Set up an emergency fund for those unpredictable moments.

Qualification and eligibility criteria

What we look for in applications

Operating in New Zealand

Annual turnover of at least $200k

Trading for at least 18 months

Profitable business

How to apply for business finance

An online application can be completed in as little as 15 minutes

Number 1

Tell us about your business

Answer a few questions and provide some basic data to complete your application
Number 2

We review your application

Our team of credit experts will review your application and we’ll be in touch with a decision
Number 3

Accept your offer

Once approved, you have immediate access to your funds. Choose when to have the funds deposited to your account

Business Loan Calculator

  • Amount
    $ 125,000
  • Time
    6 months

$14,951

Monthly Repayment

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.

Our customer reviews

How to apply for a loan from Spotcap

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Tell us about yourself and your business

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Receive your decision within one working day

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Accept your offer and receive your funds

Qualification criteria

Operating in New Zealand

Annual turnover of +$200k

Trading for at least 18 months

Profitable business

Business loan calculator

Monthly Repayment

$14,951

  • Amount
    $ 125,000
  • Time
    6 months
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.

Useful Information

  • How can external business finance help my company?

    Having access to external finance helps companies deal with two scenarios: staying operational and growing.

    Many businesses can’t afford to stockpile capital for new staff, assets or products, so it’s vital for them to have simple access to external funding when they need it. Whether it’s short- or long-term, a loan can help cover the expenses that come with taking a new step forward.

    For companies with long sales cycles, external finance can cover ongoing operational expenses. It bridges the gap between busy and slow periods, and keeps businesses running smoothly.
  • What does “unsecured” business finance mean?

    With secured finance you need to sign off property, a vehicle or expensive equipment as a guarantee.

    Unsecured finance doesn’t involve putting down high-value assets. Instead, lenders like Spotcap review real-time business data. This gives us a more holistic view of your business’s financial health, which allows us to understand your circumstances better — and faster.
  • What should I consider before applying?

    Not every type of business finance is the same. There are short-term and long-term solutions, each bringing their own pros and cons. If you mismatch your needs with the type of loan, you could end up overpaying or running short on cash. So which one should you go for?

    Short-term loans are better suited for everyday operational expenses, like wages or accounts payable. Alternatively, they could bridge receivables until an outstanding customer payment hits your back account.

    Long-term solutions are better suited to investments in new property or purchasing an expensive piece of equipment. In general, they can match an expense that will need to be paid for longer than just a few months.

    To make the best decision, we recommend you talk through your options with a certified financial advisor, who can take into account your individual needs.
  • What are the associated fees with Spotcap’s business financing?

    There are no application fees, meaning you will bear no costs for being approved for the credit line.

    There are no early repayment fees. After one month from drawing down, you can repay the full credit amount at any time during the term without incurring any penalties. This gives you the option to turn the credit line into a short-term facility.

    The cost of financing with us includes the loan’s interest rate — which is based on your risk profile — and a drawdown fee that is charged per withdrawal as a percentage of the borrowed amount. To learn more about our pricing, click here.
  • Can I contact someone with more questions?

    Our team is happy to help. Reach out to us at support@spotcap.co.nz or give us a call at 0800 444 540.