After providing personal details, BNZ will ask for supporting documents to better assess your application. This includes an income statement, balance sheet from your most recent full year’s financial statements, and transaction history within the last 12 months.
No. You don’t need to have one as a transaction account only requires overdraft facilities.
Yes. However, this is when you break the loan during the fixed period. The Business First term loan has a fixed rate and repayment schedules for 6, 12, 24, or 36 months.
Since they tailor business loans based on your cash flow, BNZ business loan interest rates and fees may be unique. You can confirm the rates once your loan application has been approved.