WORKING CAPITAL - BUSINESS FINANCE

A flexible financing option for New Zealand small businesses, allowing them to draw funds as needed up to a limit of $500,000. Key benefits include paying interest only on the amount drawn, fast online applications with minimal paperwork, and funding potentially within 24 hours. To be eligible, businesses generally need to have a monthly turnover of at least $6,000 and have been trading for a minimum of six months.  

 Key features   

• Flexible access to funds: Access ongoing funds between $2,000 and $500,000. 

  
  

• Interest only on what you use: You only pay interest on the funds you draw down, not the total limit. 

  
  

• Fast application and funding: You can apply in as little as 10 minutes online, and funding is possible within 24 hours. 

  
  

• Minimal upfront paperwork: You can secure up to $250,000 in funding with minimal paperwork. 

  
  

• Repay and reuse: You can repay funds as they become available and then draw them down again as needed. 

  
  

• No asset security: No asset security is required to access funding up to $150,000. 

  
  

• Dedicated support: You will be assigned a dedicated business lending specialist. 

  
  

 Eligibility   

• Businesses with a monthly turnover of at least $6,000. 

  
  

• Businesses must have been trading for at least six months. 

  
  

• Requires a New Zealand Business Number (NZBN), business bank account details, and a driver's licence. 

For any finance queries call SUN INSURANCE now on 09 360 5555 or e mail your query to info@suninsurance.nz

Reaching a business lending agreement - SUN INSURANCE