Project Description


You can apply for the Unsecured Business Loan in under ten minutes and receive a fast response – in often as little as one hour. The application is 100% online and funds can usually be provided the same business day. Traditional business loans reference an interest rate per annum plus other fees and charges. Our Unsecured Business Loan lenders will detail the total amount payable upfront inclusive of any interest, fees or charges that is then broken down into either a daily, weekly, or fortnightly repayment figure.

We’re totally committed to helping small businesses access the funds they need to grow. Our fast, flexible funding can be used for business renovations, marketing, to purchase inventory, new equipment, general working capital and much more. Its unsecured to basically whatever you need it for.

We know growing your business is important, so Loanblaster will work hard to get money to you as soon as possible. If you apply before 4pm on a business day and your application is approved, we can usually have money in your account the same or next business day.

The total amount of your loan will depend on the specific circumstances of your business. The Loanblaster platform looks at a variety of factors to determine the health of your business. Based on this information, Loanblaster may be able to provide you an unsecured loan amount up to $500,000. We also offer a secured business loan of up to $50,000 000

We don’t charge interest because terms are usually less than 12 months. Instead we offer a factor rate. A factor rate is expressed as a decimal figure not a percent. It varies based on your industry, how long you have been in business, the health of your cash flow and other factors. When a factor rate is used, interest is charged to the principal when the loan is originated, it doesn’t compound. Chat online to find out more.

We know fees can be confusing so we made it simple and transparent – there are no hidden fees and the amount due from day one includes the establishment fee. There is no compounding interest. There are no additional fees (excluding any late payment or default fees) and no penalties for early repayment..

Businesses Helped
New Zealand Lenders