interest.co.nz
- Business loans up to $200,000
- Low-interest starting from 0.5%
- Repayment up to 30 years
Table of Contents
[Accessed March 7, 2023]
About interest.co.nz
Finding the most affordable business loan is easy with Interest.co.nz.
It is the leading online source for interest rate information, allowing users to compare the interest rates of deposit and credit products offered by banks and other lending institutions in New Zealand.
The loan-finding service is free
The information is updated several times a day to ensure complete accuracy. It is accessible directly over the internet and is available free of charge. The service is provided by the JDJL Limited team of Auckland, led by David Chaston. The analysts conduct extensive research and use a wide range of feeds and analytical tools to produce comprehensive and up-to-date information. The service provider is entirely independent of lenders and financial adviser groups operating in the market, ensuring highly reliable information and access to top-quality business loans.
interest.co.nz Services
At Interest.co.nz, businesses are assisted in finding the right loan by providing up-to-date interest rate information, calculators, other analytical tools, and professional advice.
The service is available entirely online and is free of charge. The aim is to ensure that business owners and managers using the service are fully aware of the cost structure of a business loan available from a bank.
The rate charged consists of three parts
The first part is the base rate, which reflects the market cost of lending. The second is determined individually and represents the margin charged by the lender, reflecting the risk of providing funds to the particular borrower. The third part is the monthly fee for servicing the loan – applications can be submitted online.
interest.co.nz – Business loan
- Loan Type Business loans
- Interest Rate 0.5 – 25.5% p/a
- Loan Amount up to $200,000
- Repayment 1 year to 30 years
Benefits of interest.co.nz
- Competitive interest rates
- Quickly compare loans
Business loan calculator
Business loans are simple and accessible at interest.co.nz
They can assist businesses with all the complexities of obtaining finance to expand and start operations. The team takes the complexity out of the equation from the very beginning, making the process easier for their clients.
Businesses cannot develop unless they have the cash to invest in growth. This may seem odd at first; after all, growth should generate additional sales and profits, right? That is true, but before a business can expand, it needs to increase its current resources, such as inventory and fixed assets, including premises, equipment, and hardware.
Grow your business with an affordable loan
Rapid growth often requires hiring more people, equipping more offices, and possibly leasing new premises. Since there's usually a gap between when investment in growth is needed and when subsequent profits are received, businesses require cash before they can expand. Loan applications can be submitted online today!
Financing to extend your business can take several steps and processes
Businesses can utilize personal loans, borrow from friends and family, use personal assets, approach equity investors, or seek out banks and other lenders. The sources for funding growth are generally the same as those used to start the business. Typically, business owners will return to the same sources to finance the expansion of their organization. The good news is that it is easier to fund growth in an established business than it is to finance a start-up.
Choose wisely, and select the best fit for your budget and business growth
As business owners may recall from their search for start-up capital, there are many places to go when looking for cash. However, as they likely also know, only a few of those institutions are suitable for any given business. Selecting the right growth financing is largely a matter of matching needs to the limitations of the source. Each type of financing has its own strengths and restrictions.
Customer Reviews & Testimonials
interest.co.nz Contact
Physical Address
- 206 Jervois Rd Herne Bay Auckland Region 1011 New Zealand
- Get Directions
Postal Address
- PO Box 47-756, Ponsonby, Auckland, 1011, New Zealand
Opening Hours
- not available