Rating based on 25 reviews

Loan Market

Updated

  • Business loans up to $200,000
  • Low-interest starting from 9.95%
  • Repayment up to 10 years

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Loan Market homepage

Author Loan Market. Screenshot of Loan Market website. [Accessed April 17, 2018]

About Loan Market

As much as you may start a business alone, you don’t have to go through challenges alone. The economy is not always in our favour. One minute, things might be looking up and you feel like your enterprise is on top of the world.

The next, you might feel like everything is crumbling down. In essence, that is how the industry works, there are good days and then there are bad days.

At Loan Market, we are a firm believer that our business loans could be the answer that you were looking for. With a credit plan like ours, you will be able to pick up where you left off and even do better than how you did before.

Our credit plans are affordable

We have gathered that some entrepreneurs are not looking for business finance simply because they can’t afford the interest rates. Therefore, we have gone out of our way to ensure that our rates are affordable for anybody who would like to apply for a loan.

At the end of the day, we don’t want to see people closing shop because of lenders having ridiculous interest rates.

If you are not convinced that Loan Market is one of the lowest in New Zealand in terms of interest rates, clients are more than welcome to do a bit of research on your own.

We don’t like our customers’ only hearing information from us. We also want them to be conversant of what is happening so that they can get the surety they need.

Loan Market Services

When we pick a lender, we take into consideration everything you might have mentioned to us regarding your business.

We also take a good look at your financial statements and after such an analysis, we will be able to determine how much we can give you. Ultimately, we don’t want to give you multiple business loans that you can’t afford to repay. We want you to be able to still pay the monthly bills that you incur in your business.

Adhering to the private policy

One of our principles is confidentiality on all business and personal loans. We know how it must feel for a customer to give their documents especially their financial statements. However, they can rest assured that there is a strict policy that binds us to never share the information of our clients. The only person who is going to see your application, as well as your paperwork, is the agent that is dealing with your application.

Home is where the heart is

A credit provider that is run by family members is different than a bank. As much as we have a standard to meet, we are also slightly lenient on certain things. At the end of the day, we want to see organizations growing and turning their challenges into greener pastures.

Loan Market finds a great amount of pleasure in knowing that they have helped an entrepreneur who was at the brink of giving or closing shop by helping them compare loans online. Defeat is not part of our vocabulary.

Loan Market Product Details

  • Loan Type Business loans
  • Interest Rate 9.95 – 29.85% p/a
  • Loan Amount up to $200,000
  • Repayment 1 year to 10 years

Summary of Services

  • Fixed interest rate
  • Loan comparison
  • Affordable loans

Loan Market - A loan for any lending need

Seeing that nobody likes debts, if you have sufficient money to pay for your loan before your scheduled date of payment, you can do that.

This way, you will have one less debt to worry about. A lot of customers have a misconception that we like seeing clients who have a lot of short-term loans. This is not true, we often advise our customers to consolidate their loans if it is possible. By doing this, they will be able to pay for all their loans at once without incurring the interest rate charges of the different credit plans. Furthermore, we don’t take note of only the bad things that customers do, we also notice the good. We will have no problem borrowing your money in the future if you show commitment towards your current payment plan.

You can make a complaint if you have any

If you feel you have been wrongfully treated by either our agents or management, you are welcome to lay a complaint against them. The complaint procedure will be followed.

We try our utmost best to ensure that we always treat our clients with humility and professionalism, but we are open to receiving criticism if it's necessary. If we can’t resolve the matter to the best of your capabilities, you are welcome to escalate the matter even further. However, we will do everything we can to ensure that everything is sorted out.

Applying for an additional loan

Although you can afford a second loan, we usually advise our clients to finish paying off the first credit plan before getting the second one. We don’t want you to feel burdened, but if you can afford it and you have passed our criteria checks, you can apply for a second business loan.

When you fail to pay your loan

Should you encounter certain difficulties that prevent you from being able to pay us on time, please contact us and we will see if we can’t come up with a solution for your situation. We don’t want our clients not being able to reach out to us during their time of difficulty. Problems usually arise when we least expect them and it is imperative to speak up when you can’t maintain your financial obligations.

Customer Reviews & Testimonials

If you are finding it hard to find a company that you trust to show your business plan to in the hopes that they will help you start your business look no further these guys will help you get the...

Dominic C
— Nelson —

With loan market you can use the loan calculator s to find the perfect loan for your business and you can even compare loans until you find the best one for you.

Lauren W
— Christchurch —

They have the best manners when dealing with them over the phone and we couldn’t be happy with the loan that we took we are currently paying it off and they do offer the best rates.

Miki S
— Auckland —

Loan Market Contact Details

Contact Number

E-Mail

  • not available

Website

Physical Address

Opening Hours

  • Monday 08:30 – 17:00
  • Tuesday 08:30 – 17:00
  • Wednesday 08:30 – 17:00
  • Thursday 08:30 – 17:00
  • Friday 08:30 – 17:00
  • Saturday 08:30 – 17:00
  • Sunday 08:30 – 17:00