What you'll need to apply
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1Tahi
Review your business & cashflow forecast
We'd like to understand the aspirations you have for your business through your business plan and cashflow forecast.
A business plan provides insight on where you are now, where you're heading and your thinking/approach on how you'll get there. Your cashflow forecast assists with the feasibility of your business plan.
If you don't have this formally documented get in touch and we can chat through this together.
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2Rua
Crunch your numbers
It's important to understand the impact borrowing can have on your business. You'll need to consider if there's a way to reduce your expenses so you can borrow less and whether you can meet the repayments. A few other questions to consider:
- How much do you need to borrow?
- What will the funding be used for and how will it help your business?
- What assets will you use as security?
- How much borrowing do you already have?
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3Toru
Get your records together
We'll require your businesses financial records and supporting documents such as:
- Latest annual financial statements prepared by your accountant.
- Relevant business contracts.
- What insurance is held to protect your assets and income.
- Sale and purchase agreements, lease agreements and registered valuations.
- Personal financial statement, this is essentially a break down of your income, living expenses, what you owe and what you own.
Ways to apply
There are two ways to apply for funding for your business, either through Fast Capital, our fast, secure online decisioning tool or by getting in touch with a business banking specialist.
Apply online
Fast Capital is the quickest way to apply for business funding. Your application will securely integrate with your Xero or MYOB AccountRight Live subscription and will only take 5-10 minutes to complete. We'll use this financial information to assess your application and within minutes of submitting your application you'll know the outcome and next steps.
Get in touch
If you don't have have a Xero or MYOB AccountRight Live subscription or you're wanting to apply for lending over $1 million the best way to talk through your funding options is to get in get in touch with one our business banking specialists.
Next steps
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We'll be in touch
- If you've applied through Fast Capital and your application was approved or we require further information, a business banking specialist will be in touch.
- If you've been in touch with a business banking specialist we'll take the information you've provided and complete a lending assessment. We'll be in touch with the outcome of your application.
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If your funding is approved
- A letter of offer will be sent to you or your lawyer to review, sign and send back to us.
- Once the letter of offer has been received, loan documentation will be created and sent to you or your lawyer to complete and send back to us.
- You'll need to supply us with supporting documents to meet your loan conditions, we'll let you know what these are.
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Final steps
- Send your signed loan documents back to us.
- We'll proceed to settlement and make the funds available to you or your lawyer.
- If you have any post-settlement conditions attached to your lending, your business banking specialist will contact you after settlement.
Apply for business funding now
Get a decision within minutes using our Fast Capital application by linking your Xero or MYOB AccountRight Live data. Or talk to a business banking specialist who can talk through your options.
Have a Xero or MYOB account?
If you're a director of a New Zealand registered company with Xero or MYOB AccountRight Live financial data you can apply online through Fast Capital.
Apply nowTalk to a business banking specialist
Talk to one of our business banking specialists. They’ll let you know what you need to do and what your options are.
Talk to usFind the right borrowing for your business
Kiwibank’s lending criteria, terms and conditions, and fees apply.