Retail finance up to $250k for businesses and SMEs in New Zealand

Take your retail business to a new level. Take advantage of Spotcap’s new approach to retail lending

Apply online

Time-saving, efficient and paperless

For any purpose

Versatile funding that meets your needs

Maximum impact

Competitive rates and charges, no hidden fees

Peace of mind

Your application is processed rigorously and securely

Retail business loans to drive sales and profits

Whether selling online or through a brick-and-mortar store, today’s successful retailers overcome a stack of challenges. These include customer expectations, changing technologies and raising the finance needed to invest in the future.

Keeping up with changing trends means planning for tomorrow’s stock requirements and adapting to new business practices. Because most retailers don’t have a huge reserve of capital, this planning will include how to raise the funds required to stay competitive.

Getting hold of a retail loan can be difficult, particularly for small and medium-sized businesses. Banks and other lenders can be cautious of making loans to retailers, because of volatility in this sector.

Retail business loans to drive sales and profits

Whether selling online or through a brick-and-mortar store, today’s successful retailers overcome a stack of challenges. These include customer expectations, changing technologies and raising the finance needed to invest in the future.

Keeping up with changing trends means planning for tomorrow’s stock requirements and adapting to new business practices. Because most retailers don’t have a huge reserve of capital, this planning will include how to raise the funds required to stay competitive.

Getting hold of a retail loan can be difficult, particularly for small and medium-sized businesses. Banks and other lenders can be cautious of making loans to retailers, because of volatility in this sector.

Can a Spotcap loan provide retail funds for my business?

Retailers wanting to borrow have often been obliged to use finance products that were designed primarily for the needs of the lender. Spotcap offers a new and unique approach to finance for retailers.

Spotcap finance can work for your retail business if you’re looking for a loan that:

  • Has the flexibility to suit your circumstances.
  • Lets you stay in control of how much you borrow and repay.
  • Is convenient to manage in a way that fits your schedule.

We keep business loans simple and flexible. This makes it an ideal solution for successful retailers looking for a new approach to raising working capital.

How can my retail business benefit from Spotcap unsecured finance?

  • Stock your shelves for the coming season

    You can’t sell inventory that’s not on your shelves or in your showroom. A Spotcap retail loan gives you the confidence to buy in the stock you need in order to meet customer demand

  • Upgrade your business-critical technology

    Whether it’s new point-of-sale equipment, the latest inventory management software or a highly user-friendly online store, technology can drive sales. Use Spotcap retail finance to fund the way forward

  • Invest in a marketing campaign with real appeal

    Customers often decide to buy based on an emotional response, so your marketing needs to engage their feelings. A business loan can supply the finance needed to invest in excellent design and delivery

  • Protect your working capital

    A Spotcap line of credit gives you access to funds you can draw on at short notice in order to cover the unexpected. Our flexible approach means if you don’t need to borrow from your line of credit, there’s nothing to pay

Here’s what you need to know about our business loans

Here’s how much you can borrow

We help businesses by lending amounts of between $10k and $250k

The basic terms of a loan from Spotcap

A loan from us begins as a line of credit. You withdraw funds when, and only when, you need them. These drawdowns become loans, usually repayable over 1 to 12 months

What you need to qualify for a loan

Our basic eligibility requirements are: your business must have turnover of at least $200k, be registered in New Zealand with a New Zealand online bank account, and have been operating for at least 18 months

Our interest rates explained

Our business loan calculator can help you estimate interest costs and monthly repayments. The rate on your loan will be assessed on market conditions and your recent business performance

Spotcap 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.

Monthly Repayment

$14,951

  • Amount
    $ 125,000
  • Time
    6months
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 request a loan for your retail business

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Sign up

We need basic personal and business information to initiate the application process

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Complete the application

To finish your online application, upload bank statements and financial reports. Or you can link your accounting software

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Get approval

Once approved for a business loan, it takes just one working day to access the funds