Apply online for your business loan from $10k to $500k

It only takes five minutes to apply and if your loan is approved you’ll have a decision within just 24 hours.

Apply Now

How does Zip Business work?

1. Start by signing up

Your loan application begins when you register with us and upload some basic business and personal information.

GET STARTED

2. Complete your application

This can be done in just five minutes, by linking us to your accounting software or uploading a handful of standard reports.

HOW TO APPLY

2. Complete your application

This can be done in just five minutes, by linking us to your accounting software or uploading a handful of standard reports.

HOW TO APPLY

3. Get approved

Once approved, you’re given access to your line of credit. Now you can start drawing down the finance you need to support your business plans.

APPLY NOW

How can a Zip Business loan help my business?

Finance can help you press ahead with your ideas for improving your business. We help by providing a new, flexible approach to borrowing, that works for both newer and more established businesses.

Up to 6 months

Drive sales with a fresh marketing campaign

Upgrade inventory or equipment

Invest in staff training

Up to 36 months:

Hire new talent into your team

Upgrade business critical systems

Open a new office or store

Do I qualify for a business loan from Zip Business?

When it comes to assessing your loan application, we take a more forward-looking approach than traditional lenders. The data you supply is assessed by our unique combination of sophisticated algorithms and specialist underwriters. Our approach gives us a robust insight into the financial condition of your business.

AM I ELIGIBLE?

Be operating in New Zealand

Have annual turnover of at least $200k

Have a New Zealand Business Number (NZBN)

Have been trading for at least 18 months

Have an online bank account in New Zealand

Use online accounting software or have access to your business financials

Basic personal and business information

Profit and loss statements for the last two years

GST returns for up to the last 15 months

Balance sheet at the end of your last two years

Bank transactions for the last 36 months

Trust deeds (for trusts only)

Read more about How to Apply.

Business loan calculator

  • Amount
    $ 125,000
  • Time
    6 months

$14,951

Monthly Repayment

Apply Now
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
    6 months
Apply Now
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.

Zip Business in the media

Hear what the media has to say about Spotcap

“Zip Business NZ has issued more than $1 million worth of credit to SMEs in its first 60 days of operation, which has exceeded our expectations and validates to us that there is significant demand for our credit line product from SMEs in Australia.”

“Zip Business will differentiate itself by offering a free line of credit for up to three months. As soon as the company starts drawing on the loan, it becomes a “vanilla amortising” business loan that has to be paid back within six months.”

“Zip Business is better-than-expected launch has driven the company to more than double its maximum loan size to $500,000. The company has also lent to businesses from all states and territories, mostly to those in the retail and services sectors.”