Ways to apply
Apply online
Applications for loans, overdrafts, credit cards or asset finance between $5,000 and $1million can be made online using our digital application tool, Fast Capital.
Applications take 5-10 minutes to complete and require you to share your summarised financial information using your Xero or MYOB AccountRight Live account. A decision will be provided within minutes.
Get in touch
If you don't have have a Xero or MYOB AccountRight Live subscription, or are applying to borrow over $1 million, simply contact our business banking specialists who'll discuss your funding options and get the process started.
Below we've included some additional information on how you can prepare in advance of making an application.
Before you apply
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1Tahi
Review your business & cashflow forecast
We'll use your business plan and cashflow forecast to understand where your business is at, your aspirations for the future, and your approach to getting there. This allows us to assess the feasibility of your application.
If you don't have your business plan and cashflow forecast formally documented, get in touch and we can chat this through.
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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 ensure you can meet the repayments. 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
If you're applying online using using our digital application tool, Fast Capital, we'll require access to your summarised financial information through Xero or MYOB AccountRight.
If you're applying any other way, we'll require businesses financial records and supporting documents such as:
- Latest annual financial statements prepared by your accountant.
- Relevant business contracts.
- Any insurance policies held to protect your assets and income.
- Sale and purchase agreements, lease agreements and registered valuations.
- Personal financial statement showing your income, living expenses, what you owe and what you own.
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
Have a Xero or MYOB account?
If you're a director of a New Zealand registered company and use Xero or MYOB AccountRight Live, you may be able to apply online and get a decision in minutes.
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.