Compare Unsecured Small Business Loans in NZ 2024

If you’re an NZ small business owner who needs access to unsecured small business financing, and is sick and tired of dealing with banks or predatory lenders with marquee ethics and T&Cs, you came to the right place., a guide dedicated to small business loans in Australia (and also throughout Australia with our local guides of  Sydney, NSW, Queensland, Melbourne) is proud to present the best small business loans in NZ for 2024. Some of Australia’s most prominent lenders and lending marketplaces are now available for New Zealand businesses, making it easier and faster than ever before to apply for a business loan, as well as get back a response, or money in the bank, in a matter of hours.

Discover The Best Small Business Loans in NZ

The simplest solution to compare and find the most suitable business financing offers for your business would be to use a business lending marketplace, a central hub that works with a multitude of NZ business lenders and are able to run a multi-faceted qualification process with them and get offers on your behalf. Please note that the service is not like what you would by using a New Zealand business loan broker, as the entire process is automated.


Top 5 Online Business Loan Options in NZ

Companies below are Australia based lenders with offices in NZ who are able to legally onboard NZ business customers and have shown great characteristics in the Aussie/Global markets. Compare the available options below and check often for more updates as we continuously seek to add additional NZ online lenders. We cover anything from unsecured to secured business loans, business asset finance and commercial construction,

#1 Best Rated for NZ Business Loans
Editorial Rating 97.0%
  • Funding: $5,000 to $300,000
  • Multi-award Winning Market Leader
  • 1-2 Days for Response to Application
  • 4.9 / 5 on TrustPilot
  • Unsecured Business Loans Available
  • 20,000+ Australian Businesses Funded
  • Offices in Auckland - Able to Accept any NZ Business
#2 Diverse Solutions for Established Businesses
Editorial Rating 93.1%
  • Funding: $5,000 to $500,000
  • Unsecured Business Loans Available
  • Secured Business Loans Available
  • Cash Advance Available
  • Line of Credit Available
  • Business Overdraft Available
  • Deloitte's 2018 Tech Award
  • Established Businesses Only
  • Offices in Auckland - Able to Accept any NZ Business

Compare Unsecured Finance in New Zealand through Lender Reviews

Our goal is to compare and review as many online lenders in NZ and assign scores based on clear criteria in order to help New Zealand business owners find lenders who are – legally operating, showing good ethics and sufficient clarity and transparency in regards to the terms of the loan, with a fast turnaround and an ever faster money-in-bank policies. We give higher scores to lenders who are willing to be very flexible about the loan’s purpose, and offer even more flexibility on repayments with absolutely no early repayment fines, else it is (in our opinion) defies the actual purpose of using online business financing.

Most NZ SME owners who frequent our website are looking for speed and efficiency when it comes to small business finance and that’s where our focal points are.

That’s why we have a massively large array of lender reviews available on the website. We want to give our readers who are the prospective customers of these NZ online lenders the opportunity to understand closely what does the media say about, what clients wrote about them and what is our editorial opinion.

While the majority of lenders are yet to service NZ businesses, it appears – based on Prospa and GetCapital entering NZ market in the recent years, while OnDeck has announced publicly that it is planning to expand to NZ soon – that the majority of these online lenders will eventually service New Zealand based clients.

NZ Business Lenders Review Summary


Prospa Review

Prospa business lending, based in NSW, is considered the main online lender in Australia, and is becoming a prominent force in NZ with offices in Auckland and ability to offering funding for New Zealand small businesses.

The firm boasts some impressive industry awards,  which can attest to the media and industry views of the company as a truly innovative lender. It is a super high growth company and is the first Australian lender to be traded publicly at the ASX.

Prospa’s strong points are in the extremely straightforward manner in which they do business. The pricing is very clear from the get-go, it is easy to understand and follow post-loan how much you have left in repayments and how much you paid in interest.

Prospa is also an extremely flexible NZ business lender with various ways of borrowing money with a differential interest rate which varies based on a variety factors.

Existing clients of Prospa business lending praise its services, with 95% of all online reviews (more than 5,000 globally) are positive.

Prospa offers both secured and unsecured business lending.



GetCapital Review

GetCapital is a major Australian lender boasting the Deloitte Technology Fast 50 for 2018 award. It is perhaps the friendliest lender to New Zealand small companies with a great website with a massively friendly FAQ.

Borrowing money with GetCapital is always a breeze also because of the high level of flexibility the company has towards the funds. As long as you demonstrate to them that your business is able to pay back the loan, you can use it for almost any purpose.

Clients agree with a staggering 99% positive reviews online.


New Zealand SME Financing

How to Make the Best Use of Online Lending

While borrowing money without much effort, through a streamlined online process, makes it tempting to borrow constantly careless and without prior planning – please refrain from doing it.

The best online lenders in NZ aren’t going to be the cheapest way of borrowing funds. It is unlikely one of the unsecured business finance lenders on this page will have a lower interest rate than a bank. The best online financing companies in New Zealand isn’t to make borrowing CHEAP, it’s about making it accessible for businesses that aren’t approved by banks or don’t want to go through the hoops of preparing documents and business plans, nor have the time to wait for weeks or months for approval. That the reason we compare business financing for, while taking business interest rate into consideration.

If you will borrow amounts higher than the ones you actually need to operate or expand your business, you will end up with paying interest each month on money which is just sitting.


Go back to best NZ business loans