Borrowing Money For Business

How to borrow money for business?

Many business owners wish to borrow money for business, or apply for loans for various reasons. This includes applying to expand the business, pay for invoices, improve cashflow, meet obligations around bills, pay off debts, buy new equipment, pay for new stock, and more.

We make it easy to understand when borrowing money, and can also work with your accountant.

It’s been challenging for many businessowners to borrow money. We’re told that a number of people find when dealing with the bank they may find it challenging to present their case or be approved for their needs.

To meet this need this Just Financial uses a range of options to help people with borrowing money for business finance.

Borrowing for equipment, vehicles, assets

This is typically known as “Asset finance” and you’re borrowing money to buy something tangible that you will use within your business, to earn more money. Examples could be buying a truck, or a van. Or you might buy a digger. Or you could buy some machinery or equipment that allows you to earn more. Or replace something in your business that is now worn down or no longer working.

Money to pay bills, overheads, expenses

For many business owners, bills, expenses, overheads and all can pile up over time. Meeting bills can be challenging. This is even more challenging if it takes time for customers to pay you, and they pay you slowly.

It is possible to borrow money to cover bills, overheads, and expenses. This type of funding can help you with your purchases.

Borrowing money to pay for new stock or inventory

When your business is growing you’ll often find you can grow faster if you have access to money to grow. Borrowing money to pay for stock or inventory can help you with your growth aspirations. This can help you bring in goods or products faster, and finance them.

Buying a business

When people want to buy a business, or buy a share of a business; we may be able to help. Through our business funding lines we can help you if you’re thinking of buying a business. That could be something like a transport business, dairy store, liquor store, café, etc. Or you might just want some money to pay out a business partner. It depends on the circumstance. Talk to us about how we can help you borrow money for that exciting new business venture, and more.

Help even if the bank has said no

Even if you have been turned away by the bank or another loan provider, there’s still a chance we can assist you. Our loan work can suit standard financials as well as those who have had some late payments in the past.

How to apply for a business loan

Contact Just Financial to discuss your needs around a business loan. We aim to make the process easy and straightforward to understand. You can tell us what you need the money for, as well as how much you’re looking to borrow. The advisor works with a range of different lenders and can help you find the right solution for yor circumstance.

HELP WITH HOME LOANS, KIWISAVER AND INSURANCE

Just Financial is a professional financial adviser service and helps you with buying a home, using your KiwiSaver, insurance and more. Ask us to help you with your financial goals.

Home loans
Using your KiwiSaver
Saving money on your mortgage
Refinancing or debt consolidation
Low interest rates

Life insurance
Mortgage protection insurance
First home buyers
Help when the bank says no
Construction loans

Get Help From An Award Winning Financial Adviser

Want to buy a house? Looking for an amazing mortgage broker? Buying a house can be a challenging process. With the right advice, this can be made easy. Just Finance provides a professional mortgage broker service that can help you right throughout New Zealand. From first home buyers, to investors, as well as people who already have a house and want to refinance, there are many ways we help.

APPLY NOW FOR A HOME LOAN

Client Testimonials

Our results speak for themselves. Our happy customers tell us they love our great service!

We were waiting for the answer, and Arthur said, yes! We were very happy. Everything went smoothly! It’s a dream come true.
UiliAuckland

So happy to have this approval. Originally from other places I could not get an approval. What you said you delivered & gave us. We are so happy to have a house. Thank you!
RameshHamilton