Jennifer Hart
Director of Everyday Cashmere
Unsecured business loans up to $500k for New Zealand SMEs
Unlock your potential with the freedom and flexibility of unsecured financing
What's different about a Spotcap business loan
Unsecured — no collateral required
Free, non-committal application
Decision in one working day
No penalty for repaying early
Free to grow your business
No need to put your home down as security. With our loans, you can confidently take the next step
Unsecured finance solutions up to $500k
Repayment schedules up to 36 months
Only pay interest on what you use
Paperless online application
Business loan calculator
- Amount$ 125,000
- Time6 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.
We ignite opportunities for thousands of businesses
Don’t just take our word for it. Read about aspirational businesses we have financed
"Spotcap finance enabled us to grow and having that emotion that someone believed in your vision just left us feeling great"
* These are genuine reviews from Spotcap customers in Australia.
Benefit from flexible finance solutions
Our loans suit many different business needs
Manage your working capital
Reluctant to start a project that might drain your cash reserves? An unsecured business loan can keep your finances healthy while you focus on growth.
Extend your product range
Whether you sell a product or service, either to consumers or to other businesses, financing can fund the research, development and purchasing needed to broaden your offering.
Bridge receivables
When dealing with seasonality, or handling delayed customer payments, an unsecured loan can give you the boost needed to keep business running smoothly.
Strengthen your team
Investing in your employees can dramatically raise productivity. A Spotcap loan can help you cover training and payroll without having to compromise on other investments.
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 an unsecured business loan
An online application can be completed in as little as 15 minutes
Tell us about your business
Answer a few questions and provide some basic data to complete your application
We review your application
Our team of credit experts will review your application and we’ll be in touch with a decision
Accept your offer
Once approved, you have immediate access to your funds. Choose when to have the funds deposited to your account
In depth: Unsecured business loans
Why many businesses choose this type of financing
What is an unsecured business loan?
- It’s a smarter and simpler approach to lending. An unsecured business loan offers the usual benefits of a traditional loan — access to funds when you need to grow, invest or prepare for a busy season — without contractually obligating you to put down an asset (e.g., your home).
- Traditional financing creates a frustrating paradox for many businesses — they have the chance to grow and need financing, but lack tangible business assets to put down as security. With this warranting a rejection from the lender, many have to watch opportunities pass them by.
- At Spotcap, we believe these circumstances are far from what businesses deserve. All of our loans are unsecured, making them a faster, simpler and better solution to many business needs.
When should you apply for an unsecured business loan?
- This type of financing is suitable for both short- and long-term plans. For example, businesses typically apply to cover large inventory orders, investments in technology, or refurbishment of their premises.
- Unsecured business loans can also fund investments that open new doors for your business — covering payroll growth, product research & development, or promotional campaigns. The applications are as diverse as the plans themselves.
- What’s more, Spotcap’s financing comes in the form of a credit line — having access to a credit limit, you can choose how much of the funds you would like to withdraw, and interest is paid only on that amount. This gives you the flexibility to adapt to different situations, and tailor the financing to your specific needs.
Our customer reviews
How to apply for a loan from Spotcap
Tell us about yourself and your business
Receive your decision within one working day
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
- Time6 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.