Category: Business Insights

Growth on a Small Scale: Strategies for Success with Small Business Loans

Posted on by TWG

If you run a small business, then you are looking for ways to grow your company, improve your profits and expand your client base. Small business loans help NZ businesses reach their short and long-term goals by providing them with the funding they need.

However, it’s not enough to acquire the loan itself – you need to use it wisely. How can you use the money to grow your business and your profits to pay back your loan and improve your company in the long run?

Exploring Strategies For Small Business Loans

There are so many ways you can boost your business with extra funding. So, before you apply for a loan, you must formulate a plan for what you will do with your money. Understanding your business plan will make you appear more serious to lenders and will help you know how much money you need to ask for.

What can you do with NZ small business loans?

Boost Your Marketing Efforts. Even if you have incredible products or services, you will have trouble selling them if no one knows about your business. Marketing allows you to reach out to countless potential customers, getting your branding out there and telling people about your unique services.

Explore different marketing methods you could use for your business:

  • Print Marketing. Traditional marketing involves putting ads in print media, like magazines, newspapers or physical posters.
  • Online Marketing. Online marketing is a must for modern businesses because so many people are online nowadays. Invest in ads for websites, videos and more to get your name out there. Additionally, make sure you set up a website for your business and create a Google Business Profile so that potential customers can learn more about you online. Digital marketing and SEO (Search Engine Optimisation) efforts can draw more eyes to your company.
  • Social Media. So many of us use social media every day, which makes social media platforms very powerful tools for modern businesses. Set up social media profiles on different platforms so you can post about your products, services, events, deals and more.
  • Creative Campaigns. Feel free to get creative with how you show off your goods. For example, you could host a contest, and the winner could win a prize from your product line. This will bring attention to your business and give customers a chance to interact with your brand.

Upgrade Your Commercial Space. If you have a physical storefront where your team works and your customers come to visit, consider using your NZ small business loan to improve it. Even small upgrades can have a major impact on your hardworking team and your valued customers.

You could put effort into improving functionality:

  • Renovate your space to improve the layout or functionality of your workspace, improving workflow.
  • Invest in better furnishings to create a better working environment, encouraging your team to stay productive.

You can also improve customer experience so that your customers will want to visit you again:

  • Redecorate to create an inviting, modern environment that your customers will enjoy being in.
  • Create areas to sit or relax so your customers can feel good when they’re waiting.

Improving your space itself will leave a lasting impression on your team and your customers, promoting staff well-being and creating a nice place for your customers.

Invest In New Equipment Or Technology Upgrades. Modern, efficient tools and machinery can streamline your operations, improving your productivity and your product quality.

Replace or upgrade your current equipment to:

  • Increase Efficiency. Get work done faster or create products more quickly, without cutting corners or harming quality.
  • Boost Product And Service Quality. Invest in modern machinery that’s designed to create amazing results more effectively, making life easier for your team and your customers.
  • Reduce Energy Usage. Choose equipment that’s made with energy efficiency in mind, reducing your running costs and your energy consumption.

Although new machinery often has high upfront costs, it can make up for the initial investment through better output and reduced running costs. Plus, the improved production can increase profitability by enhancing your goods and services.

Hire And Train New Staff. Does your current team feel overwhelmed? Could you use some extra help? Use the funding from NZ small business loans to expand your team, hiring and training new staff.

Your new staff members can help fill gaps in your current operations. They can serve more clients and boost your production. Ensure each new staff member is adequately trained and equipped for the work. Your loan could help with hiring the new staff members, purchasing equipment for them, training them and ensuring they get paid.

Enhancing NZ Companies With Small Business Loans

Your loan can be used in countless ways to uplift your small business. Of course, the first step is to plan for and secure your small business loan. We welcome you to work with our Spinach team to learn more about your business loan opportunities.

Get started by calling us on 0800 SPINACH. Or, send us a message online.

Spinach: Let’s pave your way to success with a small business loan.

The Art of Funding: Mastering the Application Process for Business Loans

Posted on by TWG

Proper funding is essential for New Zealand businesses of all kinds. You need money to pursue your goals, pay your hardworking team members, keep your operations running and for so many other things. If you need a monetary boost, then business loans are your answer to sufficient funding.

However, obtaining a business loan isn’t as straightforward as simply requesting money and receiving it. You need to present yourself and your business well to lenders, so it’s essential to act professionally when applying for a loan.

Navigating The Business Loan Application Process In New Zealand

What should you do?

Work With A Professional Business Loan Broker. Your best bet is to work with someone who knows what they’re doing. Get in touch with an experienced NZ business loan broker who can offer you personalised support.

You must choose the right lending specialist. Look for a broker who:

  • Offers Tailored Services. Your business is unique, so why should you settle for generic services? Your broker must take your particular company, goals and finances into account.
  • Understands Business Loan Types In NZ. There are various types of business loans in New Zealand, including asset financing and working capital loans. Your ideal loan type will depend on the stage of your business, your industry and other essential factors. Work with a broker who understands the various funding types, so they can suggest one that best suits your needs.
  • Is Communicative. You must work with someone with whom you communicate well. Your business loan broker should speak and listen respectfully, and they should be able to explain potentially confusing concepts to you in an understandable way. Finances can be confusing, so you deserve to work with someone who provides you with clarity.
  • Supports You Every Step Of The Way. Your lending specialist should be available to support you when you need them. Consider someone who will help you explore your options, guide you through the loan application process and be available if you need assistance afterwards.

Ask The Right Questions. Before you choose your loan type, loan amount, lender or anything else, go through some questions with your business loan broker so you can both understand your situation better.

  • “Why Do I Need Business Loans?” Why do you need extra funding? Think about what you could do with the money and how you could make the most of your loan. Make purchases that yield a good return, allowing you to repay your loan on time. For example, investing that money into an equipment upgrade should improve your product output, increasing your profitability.
  • “Can I Afford The Loan Repayments?” Remember that cash flow fluctuates. Your business may experience slow months, but you must still be able to make your loan repayments during this time. Plan well so you always make your payments on time and in full.
  • “How Much Interest Will I Pay?” Going for shorter-term business loans or higher repayments can keep interest charges low. Use our online calculator to estimate the cost of interest and repayments.

Prepare Your Finances. Businesspeople who maintain clear and accurate financial records appear more favourable in the eyes of lenders. People who pay attention to their finances, keep records and stay organised are more likely to be reliable when it comes to making repayments and using money well.

Gather the necessary documentation, including balance sheets, cash flow projections and other relevant financial information. Ask your business loan broker about what you should get. They can also ensure that your documentation looks presentable before you submit it, which can prevent misunderstandings and expedite the process.

Understand Your Business Credit Score. Most lenders look at a potential buyer’s credit score right away. Your business and personal credit scores can significantly impact your options, making you appear more or less reliable to lenders.

If you have an unfavourable credit score, your lending specialist can help you find an option that’s better for those with lower credit scores. Or, they can provide you with tips on how to raise your credit score if you can afford to wait before applying for any business loans.

Have A Clear Business Plan. Lenders prefer to lend money to individuals who have properly planned out their financial goals. A well-formulated business plan demonstrates that you’re serious about your endeavours and projects a sense of responsibility and professionalism.

Think about:

  • How much money are you borrowing?
  • What will you do with the money?
  • How will you repay the money?

A professional broker can identify green flags and red flags that lenders may look for.

Look Through Your Options. Never apply to your first option without looking through the rest of your opportunities, even if the first choice seems perfect.

Review your choices with your business loan broker and weigh the pros and cons of each.

Successfully Applying For Business Loans

A business loan can do so much for your business. However, you must act accordingly to improve your chances of success, use your money well and pay your loan payments on time.

We at Spinach are here to help. Contact us on 0800 SPINACH or use our website to message us or learn more. You can also start the application process through our site if you’re ready.

Spinach: Let us help you propel your company forward.

Beyond Banks: Why Businesses Turn to a Business Loan Broker for Funding

Posted on by TWG

A business loan can help you kickstart your business, reach milestones and fund your operations. Regardless of why you need a business loan, navigating the loan process can be a serious challenge if you don’t work with an experienced business loan broker.

An experienced broker acts as an intermediary between you and lenders, such as banks. They provide you with expert support and guidance, and they negotiate with lenders so that you get the best deal possible. Overall, they facilitate the success of business loans so that all parties are happy with the results.

Why You Should Work With A Loan Broker When Getting A Business Loan

Some may wonder why they should work with a broker instead of directly going to a bank themselves. What can a professional broker offer you?

Navigating Requirements, Terms And Conditions. It’s extremely important for you to understand the terms of your loan agreement, as you’re expected to follow your agreement and repay your loan. The requirements of your business loan could include a strong credit score, a reliable income stream and collateral.

Understanding all of these intricate details can be difficult, especially if this is your first time securing a loan. A business loan broker can answer any questions you may have about your loan situation, providing you with clarity and empowering you to make the right choice for you and your business.

If you’re having trouble with any loan requirements, your broker can help you find a business loan that works for you and your situation. For instance, securing a business loan if you have poor credit can be tricky. Your broker can search for appropriate lenders who will still offer you a loan despite your credit score, and they can provide tips on how to improve your credit score.

Advocating On Your Behalf. Having a knowledgeable professional who understands your unique business is invaluable. Your business loan broker will act with your best interests in mind, negotiating with potential lenders and supporting you. Having someone in your corner can streamline the process and alleviate stress.

It’s vital for your broker to understand your company’s financial situation before searching for the best loan deals. They’ll take time to learn about your goals, risks, cash flow and more, so they can provide you with tailored help that makes sense.

Accessing Many Reputable New Zealand Lenders. When you go to a single bank, they will offer you their own loan products. This limits your choices and could force you to pick something that’s not quite right for you. On the other hand, business loan brokers have spent years building positive working relationships with reputable NZ lenders that you can trust. They’ll branch out and look at multiple lenders, providing you with several choices so you can select the one that suits you the most.

On top of that, they will go through the potential business loan offers with you to compare them and find the best ones for you. Once you’ve identified the loan you want, your broker will work with the lender to potentially improve the loan’s terms and conditions. They’ll use their skills and reputation to ensure all communication and negotiations are conducted efficiently.

Saving Time And Effort. Searching for the right loan on your own can take weeks, with long application lines and frustrating back-and-forth negotiations. Time is money in the business world, so consider anything that can save time and effort without sacrificing quality.

A business loan broker can oversee the process for you. They’ll do everything from educating you about your opportunities to helping you finalise your deal, all while supporting you and communicating with lenders when necessary.

Assisting You With Paperwork, Compliance And More. Applying for a loan involves plenty of paperwork and legal work, which can quickly become overwhelming. Mistakes can lead to delays or rejection. Your business loan broker will ensure you fill out documents correctly. They’ll also oversee everything, making sure all paperwork is completed correctly and that it meets lender requirements.

Ongoing Support, Even After Your Loan Is Approved. Your loan broker will provide you with invaluable support throughout the process, including after you get your loan approved. Whether you need advice regarding your current loan or you’re considering getting more funding in the future, your broker will be available for you.

Getting The Business Loan Help You Need In New Zealand

Learn more about business loan opportunities by visiting our website. We also have helpful resources available, including a business loan calculator.

Ready to start? Do you have any questions for us? Contact our Spinach team on 0800 774 622 or by using our contact page.

Boost your business with help from Spinach.

From Dream to Reality: Funding Your Business with a Tailored Commercial Loan

Posted on by TWG

A good commercial loan can be the key to expanding your business. Extra funding encourages growth and empowers you to stay ahead of your competition. But, to make the most of your loan, you need to use it wisely.

How To Plan For Your Business Loan

Using your money well involves careful planning and plenty of hard work. Before you even secure your funding, remember these crucial points:

  • Make A Plan. The first thing you should do is formulate a plan. What will you use the money for? What lending specialist will you work with? Think through every point of your timeline, from connecting with a lending specialist to paying off your loan.
  • Understand How Much Money You Need. Once you know what you need your money for, you’ll have an easier time determining the amount you will ask for.
  • Stay On Top Of Payments. Keeping up with your loan repayments is extremely important. Be sure to manage your finances so you can make your payments on time.

What You Can Do With Your Commercial Loan

What can you do with your business loan? The best course of action for you will be based on your particular business and your current goals. Here are a handful of ways you can enhance your unique New Zealand business with a business loan:

Launch New Marketing Campaigns. Even if you have incredible goods and services, you could struggle if you aren’t marketing your company well. Extra funding can help you launch new marketing campaigns, expanding your business’s voice and reaching new customers.

Use clever marketing strategies to put your services in front of new potential customers. Online ads, social media campaigns, posters and more can all advertise your unique company. Consider using a mix of digital and physical ads.

Invest In New Equipment Or Technology. What kind of tools or software do you use for your daily operations? Chances are, you can upgrade your equipment or technology to boost production. New equipment can make it easier to efficiently produce your goods, and advanced software helps you stay on top of your digital tools.

Think about how you can use your commercial loan to invest in new tools to improve your production and efficiency. When you improve your operations, you can boost your profitability and pay off your loan in no time.

Manage Cash Flow And Working Capital. Funding from a loan can cover payroll during seasonal slowdowns, keeping your hardworking team paid even when profits are lower.

You could also use your money to keep up with supplier payments and restock your inventory. Keeping your supplies stocked keeps your operations running smoothly so you can stay afloat.

Hiring And Training New Staff Members. Could you use some extra help? Extra funding gives you the money you need to hire and train new people, boosting your team by bringing in new skilled members.

Take a moment to think about your current operations and where you could use more work. What kind of employees do you want to hire, how much would you need to pay them and how would you train them?

Securing A New Location. You need a good location to create your products or carry out your services. Property can be expensive to rent or buy, so consider using your commercial loan to acquire a new location for your company. Consider whether you should purchase or rent a property, as both have their advantages and disadvantages. Buying property gives you full control and ownership over a space, but it’s more expensive. Renting is good for temporary use and is more affordable, but you will have less control and you will need to keep up with payments.

Remember to stay diligent when choosing your new commercial space. Look around for good spots, compare prices and consult with your lending specialist about your chances of securing a loan for your property payments.

Developing Your Goods And Services. What kind of goods and services do you offer your customers? Thinking about what your company does and how you could improve.

If you create goods, then you could improve product quality by using higher-quality materials or redesigning them to enhance their features. If you offer services, then you could purchase tools to help you complete those services better. For example, a baker could purchase higher-quality ingredients, and a gardener could buy better gardening tools.

Aside from improving existing practices, you could also launch new products or offer new services. What else could your company offer? Reflect on services that are adjacent to what you offer now.

Securing A Commercial Loan With Spinach

Getting a business loan can seem complicated, but it doesn’t have to be – work with our lending specialists at Spinach to improve your chances. There are so many kinds of NZ businesses out there, and we’d love to hear about your plans.

Ready to get started? We welcome you to call us on 0800 SPINACH or reach out to us online.

Spinach: Let’s discover how you can grow your business with a loan.

Smart Borrowing: How to Choose the Right Business Loan for Your Needs

Posted on by TWG

Business loans help companies thrive, giving business owners the funding they need to boost their businesses like never before. When starting a new business, one of the most common concerns that business owners struggle with is money. You need funding to create products, buy equipment, pay employees and so on, but it can be difficult to save up extra cash when you’re already putting so much time, effort and money into your current operations.

Business loans can give you that extra bit of funding you need to take things to the next level. But first, you’ll need to choose the right business loan, as selecting the proper financing for you can strongly impact your long-term business success.

Top Factors To Consider When Choosing Business Loans In New Zealand

Where do you start?

Your Business Needs: What Do You Need To Reach Your Short- And Long-Term Goals? Before you apply for anything, stop to reflect on the current status of your business. The stage of your business and the industry you’re in can affect how much money you should ask for. How is your current financial situation? How much money do you need to reach the goals you are currently focusing on?

A few common goals that many small business owners in New Zealand have are:

  • Funding startup costs.
  • Purchasing new equipment.
  • Expanding operations.
  • Hiring more staff.

Analyse your current operations and think about any issues you’re facing. Could funding from business loans help you solve those problems?

With this information in mind, you need to determine how much money you should ask for. Try to calculate a realistic amount based on your budget or your financial forecast, and try to avoid borrowing far too much or too little.

Loan Options: Common Loan Types In Aotearoa. There are different types of business loans, and one kind may be better suited for your needs than another. Before choosing your loan type, make sure you research the options available to you.

  • Working Capital Loans. These are often used to cover day-to-day operational expenses.
  • Small Business Loans. These are specifically meant for smaller businesses, helping grow them into larger operations.
  • Asset Finance. These help you finance assets, such as new equipment or vehicles.
  • Plant And Machinery Loans. These allow you to purchase the plant and machinery you need to expand your business.
  • Invoice Finance. These address delayed payments from clients.
  • Unsecured Business Loans. These loans don’t require property or assets as security.

Interest Rates And Fees: How Much You’ll Pay. It’s essential to pay attention to any interest rates and fees you will need to pay along with your original loan amount. To help you visualise the amount of money you will need to repay your lender, we invite you to use our useful business loan calculator on our website.

Your Financials: Assess Your Business Financials And Creditworthiness. Factors like your credit score will strongly affect how willing a lender is to provide you with business loans. Check your business credit score, which is separate from your personal credit score, and consider ways to improve it if needed. The simplest way to improve your business credit score is to pay your bills on time.

Before you apply for your business loan, you should also gather and prepare any necessary financial documents as proof of your business’s financial standing. Financial records like income statements will help lenders assess loan repayment ability.

Your debt-to-income ratio is also an important factor, as it helps determine your borrowing capacity and influences loan terms.

Professional Assistance: Working With A Business Loan Broker To Maximise Results. All of the above-listed tips can help you discover the right business loans for your unique NZ business. However, they can be challenging to act on independently – especially if you are new to the business loan world.

No worries, help is available – expert business loan brokers can go through each of these steps with you, guiding you through the process while connecting you to reputable NZ lenders who can offer you what you need. A broker can simplify the loan search process and assist you with putting together a loan application that looks fantastic to lenders.

Making wrong moves when applying for a loan can cause your application to be rejected. When you work with a trained lending specialist, you can avoid mistakes and optimise your chances of success.

Securing Funding For Your New Zealand Business

Why are you interested in applying for a loan? Regardless of your goals, we at Spinach would love to help. We specialise in offering our clients professional services tailored to their unique needs.

Do you have any questions for us, or would you like to get the application process started right away? Please feel free to call us on 0800 774 622 or use our contact page.

Spinach: Let’s secure the right funding to grow your business.

Navigating Options: How a Business Loan Broker Simplifies the Lending Process

Posted on by TWG

Cashflow is the lifeblood of any business. Whether you’re a new startup or a booming business with years of experience, you need capital to run your company. However, securing the financing to start, run or grow your business can be a challenge. How can you get a good, suitable loan? Consider working with a business loan broker to help guide you to success.

When you begin looking at your lending options, you may be surprised at just how complex the world of financial lending can be. With so many lenders, loan types and more to consider, finding the right deal for you may seem like an impossible task. A loan broker can simplify the process, working through the challenges with you to streamline your application and connect you with the right NZ lenders.

What Does A Business Loan Broker Do?

What exactly do loan brokers do? Essentially, a loan broker is a financial specialist who helps individuals such as yourself find the right lending options for them. They act as intermediaries, connecting you with potential New Zealand lenders that they know will be a good fit for your particular needs.

Every business is unique, and yours is no exception. Your particular needs, limitations, financial situation, and goals will differ from those of your neighbour, so you need help that considers your qualities. Great loan brokers will carefully analyse your situation with you. After they better understand the nuances of your company, they can then recommend loan types and lenders that they think would be best.

All in all, professional lending specialists can offer you many advantages during the lending process. Here are just a few ways in which your lending specialist can help streamline the process:

  • Concisely Comparing Loan Options. What do you do if you have several different loan options and you don’t know which would work best for you? Rather than struggle with heaps of different choices yourself, consider talking to your loan broker. With your business loan broker, you can carefully go through all of your available options to weigh out the pros and cons of each one. Then, you can make an informed, confident decision.
  • Efficiently And Successfully Applying For Your Loan. It’s extremely important that you properly apply for your loan. Mistakes can lead to rejection, and then you would need to seek out additional loan opportunities. Your loan broker can review your loan application with you, helping you understand exactly what you need to do and what’s expected of you from the deal.
  • Clearing Up Confusion. Lending terms can be confusing, especially if this is your first time applying for a business loan. If you’re confused about anything, they can explain things to you clearly and effectively so you can have all of the information you need.  It’s important to be well-informed whenever you’re working with finances.
  • Negotiating Favourable Terms. Experienced brokers have worked hard to build positive working relationships with NZ lenders. Using their experience and connections, they may be able to negotiate better loan terms for you. This may result in lower interest rates or more flexible repayment terms, potentially saving you money.
  • Access To More Lenders. Using their professional connections and reputation, your broker can access a wide network of lenders. This will give you a larger range of options and more diverse choices to pick from. Rather than having to settle for a deal you’re not very happy with, you can continue to work with your broker to find one you’re confident about.
  • Saving Time. As they say, in the business world, time is money – and you certainly don’t want to spend more time than you need to to find a suitable loan for your business. An expert business loan broker can streamline the process so that you get things done on time, securing a loan efficiently so that you can get back to your bustling company. They can help you identify the best type of loan for your situation, how much money you should ask for based on your needs, the lenders that would be a good match for you and so on – all within a fraction of the time it would take you to do on your own.
  • Saving Money. Overall, working with an NZ business loan broker can save you money in the long run. They can identify the right loans for your company, negotiate better terms and save time, helping you get back to your company with more funds to work with.

Efficiently Securing A Loan For Your New Zealand Business

How would you use your loan to better your business? At Spinach, we strive to help our clients secure business loans that are right for them. We know that every business is different, and we look forward to learning all about what makes your company unique so that we can identify the right path for you.

If you’d like to get in touch with one of our lending specialists, you can call us on 0800 SPINACH or use our contact page.

Grow your business with a proper loan and a healthy helping of Spinach.

Strategies for Success: Navigating the Landscape of Commercial Loans

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The right commercial loan can do wonders for any NZ business. For small and medium-sized businesses, it can be the key to jumpstarting your company and growing your revenue and brand fast – allowing you to repay your loan in no time. As every business person knows, proper funding is a must if you want to keep your business afloat, but it’s not always easy to get the money you need when you need it.

A loan can provide you with the capital you need to make game-changing decisions for your NZ business. However, you should never apply for a loan without thoroughly considering your options and preparing yourself.

Navigating The World Of Commercial Loans In NZ

Financial matters are serious for both the business person applying for the loan and the lender, so it’s extremely important that you do your research and talk things through with your trusted lending specialist before you submit any applications or choose a lender.

Where do you start? Here are a few tips that every NZ business person should think about:

Work With A Qualified Loan Broker. Undoubtedly, the best thing you can do when applying for a commercial loan is to discuss your needs and your circumstances with a qualified lending specialist. Although you may understand your needs and situation better than anyone else, they’ll have the skills, experience and industry knowledge needed to provide you with top-tier advice that fits your unique needs.

In particular, you’ll want to work with a specialist who has experience with the kind of loan you’re interested in and is familiar with your industry. Make sure they’ve helped with business loans before, and ask if they’ve helped people who manage businesses similar to yours. If they have, they’ll understand your situation better, and then you can discuss the specific obstacles, goals and considerations for your company.

Understanding the world of NZ business loans on your own can be time-consuming and confusing. Instead, skip that frustration and consider working with a business loan broker who genuinely cares about each individual they help. Be sure to research your lending specialists before you work with them, and ask any questions that are important to you.

Understand Your Business’s Specific Needs. Even compared to your competitors and other businesses similar to yours, your company still has unique needs, challenges and goals. Always take time to analyse your business’s strengths, weaknesses and other important factors so that you understand how you can improve. This will allow you to determine the best way to use your loan to enhance your business and your profits, letting you make the most of the money you receive.

Consider options such as equipment you can purchase, staff you can hire and so on, and think about the amount of money you’ll need to accomplish those helpful goals. Having a strong plan will show your lending specialist and your lenders that you’re taking things seriously and will instil more confidence.

Research Lending Options. Once you have a clear understanding of your business needs, it’s time to research the lending options available to you. In New Zealand, various financial institutions, including banks, credit unions and alternative lenders, offer commercial loans. Discuss each option with your lending specialist, comparing the pros and cons of each according to your needs.

Prepare A Compelling Loan Proposal. Before you approach any lender, prepare a thorough, compelling proposal. Work closely with your thoughtful lending specialist to develop a comprehensive proposal that outlines your business history, financial performance, repayment plan and other important details.

Your business loan broker will help you ensure everything is in order, understandable and accurate, and they’ll inform you of the important documents you need to gather before you approach your chosen lenders.

Review Loan Terms Carefully. Always read through your loan terms before you agree to anything. Carefully review the loan terms and conditions with your lending specialist, and ask any questions or address any concerns you have. While it may be tempting to say yes to a deal that seems almost right to secure the money, your broker may be able to negotiate better terms that you’re more comfortable with.

Monitor Your Business Performance. After you secure your commercial loan, your work doesn’t end there – Carefully monitor your business performance and ensure that the funds you receive are used effectively according to your plan. Stay on track, stick to your particular outline and make changes to improve if you need to.

Apply For A Business Loan That Works For You

Business loans can be intimidating, but at Spinach, we want to help you streamline the process to find success. Our team of experienced lending specialists takes great care to understand each and every one of our client’s needs so that we can find solutions that are just right.

To learn more about NZ business loans, please visit our website for details or call us on 0800 SPINACH. Or, you can use our contact page to reach us.

Spinach: Grow your business and march towards success with our assistance.