Flexible business funding for New Zealand businesses looking to invest, grow or manage working capital.
Whether you're adding capacity, investing in equipment, managing the cashflow that comes with growth or acting on a new opportunity, FundingLine gives you access to capital to keep the business moving forward.
Commercial Funding For Established Businesses
There's never just one reason a business needs funding. Sometimes it's about having enough working capital to support growth. Sometimes it's an investment in equipment, people or capacity. And sometimes an opportunity arrives before the cash does.
FundingLine is designed for established businesses that need capital to invest, expand, manage working capital or act on a commercial opportunity.
Give your business more room to manage the costs that come with operating and growing – from stock and wages to the timing gap between doing the work and getting paid.
Add staff, increase production, expand capacity or open another location without waiting until the business has accumulated all the capital it needs.
Invest in machinery, technology, automation, vehicles or other productive assets that can help the business do more.
Take on a new contract, purchase stock at the right time or move on an opportunity that makes commercial sense without letting the timing of cashflow get in the way.
FundingLine is designed for established New Zealand SMEs looking for larger or longer-term business funding. It may be a better fit where you're looking to borrow more than $75,000, need a term longer than 36 months, or both.
✓✓✓✓✓Talk us through your business and what you're looking to fund. We can help you work through the options.
FundingLine is designed for businesses that have demonstrated they can trade successfully and want to put capital to productive use.
Rather than looking at property security alone, our assessment looks at the performance of the trading business and its ability to comfortably service the funding from ongoing cashflow.
That means we can look at a broad range of business requirements – from additional working capital through to more significant investment in growth, equipment and capacity.
And as your business changes, your funding requirements may change too. Existing FundingLine customers can be reassessed for further funding as their business and circumstances evolve.
We take the time to understand how your business operates, how it's performing and what you're looking to achieve. We combine that understanding with a robust assessment of your financial position and ability to service the lending.
It's a commercial approach to lending – considered, responsible and grounded in how your business actually works.
Every business is different. We look at your trading history, business model and current performance to understand the business behind the numbers.
Financial performance and cashflow matter. We look at them in the context of how your business operates, including its commitments and current trading position.
We want to understand what you're funding and why – whether that's managing working capital, investing in equipment, expanding capacity or acting on an opportunity.
Ultimately, the lending needs to work for both sides. We consider the full picture to make a responsible decision about an appropriate funding structure for your business.
An established hospitality business had an opportunity to secure an existing venue at a significantly lower cost than developing a new site from scratch. The business needed funding to secure the premises, meet the lease deposit and begin the fit-out within a relatively short timeframe.
Line Capital assessed the wider group, including its established revenue base, improving profitability and ability to service the additional lending.
A construction product supply and installation business had completed a cost-cutting restructure after a sharp sector slowdown.
A $500,000 facility replaced high-cost short-term loans and provided working capital while the completed restructure flowed through.
A fast-growing direct-to-consumer Christmas textile brand needed working capital for stock and marketing ahead of its busiest trading period.
A $120,000 facility supported that requirement before peak-season sales were generated.
Having the right information ready helps us understand your business and assess your application.
Basic information about the business, its ownership and your funding requirement.
Finalised financials for the last two years. Year-to-date management financials may also be required.
12 months of business bank transactions.
Relevant IRD information for the business.
Details of current business lending and repayment commitments where required.
The exact information we need may vary depending on your business, the amount you're looking to borrow and your circumstances. We'll let you know if anything else is required.
Tell us about your business, how much you're looking for and what you want to fund.
We'll let you know what information we need to assess the application and understand the current position of your business.
Our team reviews the business, its financial performance, your funding requirement and its ability to comfortably manage the proposed lending.
If your application is approved, we'll provide an offer setting out the facility, interest rate, repayments and terms. Once the documentation is completed and any conditions are met, your funding can be made available.
FundingLine can be used for a range of business purposes including working capital, business expansion, equipment and vehicle purchases, growth investment and other commercial opportunities.
FundingLine facilities range from $10,000 to $500,000, subject to assessment and approval.
FundingLine terms can range from 6 to 60 months, depending on your business, funding requirement and approved facility.
We aim to provide a decision within 24–48 hours once we have the information needed to assess your application.
A personal guarantee and GSA are required as a minimum. Depending on the circumstances, other forms of security can also be considered, such as a caveat, security over a specific asset, cross-company guarantees or a second mortgage.
Repayments can be structured weekly, fortnightly or monthly, depending on the agreed facility.
Yes. The page guide states there are no early repayment fees after 30 days. I’d still use whatever final wording Line Capital approves for this feature.
A personal guarantee and GSA are required as a minimum. Depending on the circumstances, other forms of security may also be considered, such as a caveat, security over a specific asset, cross-company guarantees or a second mortgage.
Whether you have a clear funding requirement or a business funding scenario you want to work through, talk to the Line Capital team.
The information on this page is general in nature and does not take into account the specific circumstances of your business. Any lending is subject to Line Capital's lending criteria, assessment and applicable terms and conditions.
