WORKING CAPITAL LOANS
Manage your cash flow with working capital
Whether you’re needing to cover day-to-day expenses, pay suppliers, or manage seasonal requirements, a working capital loan has you covered. If you have good credit, and have been in business for over two years apply now and you could get unsecured lending up to $100,000.
Are you eligible?
If you meet the criteria below, you could be eligible for a loan.
- I'm a registered business, partnership, sole trader or a simple trust.
- I'm a NZ citizen or permanent resident.
- I have valid ID and proof of my address.
- My business is located in New Zealand.
- My credit looks good – I have never been bankrupt and I haven't had any unpaid defaults in the past five years.
Calculate your repayments
Apply in minutes, get a decision in seconds.
Take care of your business loan anytime, anywhere.
Manage your loan repayments, generate statements and keep up with transactions on the go with ease.
Questions? We have answers
- How long can I take out a working capital loan for?
- Heartland offers loan terms of up to five years with regular principal and interest repayments for working capital loans.
- What is the interest rate for a working capital loan?
- Interest rates start from 12.00% p.a.
- Is there a minimum and maximum loan amount?
- Yes, the minimum loan amount is $10,000 and the maximum loan amount $100,000.
- Can I take out a loan if I don’t bank with Heartland?
- Yes, you do not need to be an existing customer with Heartland to apply for a business loan.
- How do I receive my funds once my loan has been approved?
- Once all documentation is finalised, our team will work with you to organise payments for your working capital loan on an agreed date.