BusinessFuel Review

Business Fuel know the challenges for small business when it comes to securing finance. Their Managing Director has been lending to New Zealand businesses for more than 12 years, and they’ve funded more than $100 million worth of loans to New Zealand SMEs.

They provide business loans from $5,000 to $250,000 to help small and medium business owners across a range of industries.

They have a simple online application process, which means minimal documents and a prompt decision. And they have team of helpful and experienced Lending Managers who take the time to listen and tailor funding to meet your business needs.

• Short-term loan you can use for any business purpose
• Borrow between $5,000 and $250,000 - as a general rule Business Fuel can fund up to 100% of your average monthly sales
• Weekly or monthly repayment options
• Fast application - funds could be in your account within 48 hours
• Redraw facility
• Team of Lending Managers to support you through the application process
• Secured or unsecured business loans

Business Fuel offer a flat fee structure that you will pay off as part of your weekly or monthly repayments. The rate will be calculated at the start of your loan, using a factor rate, which is a multiple of your full loan balance.

The rate will be based on a number of factors, including how much you need to borrow, how long you want to borrow for, and the nature and creditworthiness of your business.

You may also find you can borrow more, at a more favourable rate, if you are able to offer security.

There are no hidden fees and charges for Business Fuel business loans - no application fees, set up costs, early termination penalties or account keeping fees.