Unsecured business loans up to $250k 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 $250k

Repayment schedules up to 12 months

Only pay interest on what you use

Paperless online application

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.

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

* 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

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

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

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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
    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.