Rating based on 27 reviews

The Lending Room

  • Business loans up to $25,000
  • Affordable rates
  • Repayment up to 5 years

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The Lending Room homepage
Author The Lending Room. Screenshot of The Lending Room website.
[Accessed April 17, 2018]

The Lending Room - Competitive rates

One of our principles at The Lending Room is ensuring that the customers that come to us for help feel welcomed and respected.

We don’t interrogate clients because they, too, are human beings who want to be given the same credit as we would give to anybody else.

We allow them to feel at ease and we get down to business: ensuring that they get an enterprise credit.

Affordable loans

The rates that we charge on our business loan are affordable because we want everybody to be able to get credit when they need.

Opening up a company is one thing, making sure that it stays relevant and recognized in the market is another.

Our quick cash loans also come with advice on how to keep your business up and running at all times.

Although we have little control over the economy, we are able to teach our clients how to make profits instead of a loss.

We appreciate a loyal customer

The services that we give our clients are done on the basis that we want to help them improve their organizations and also because we want them to be able to know that our doors are always open for them the next time they want a loan.

Changing credit providers don’t look good as a customer. However, if you stick to one financial services provider, you look credible.

This is a factor that a lot of people look at when you apply for an advance and many clients aren’t aware of this fact.

The Lending Room Services

One of the reasons we want our clients to be comfortable with us is so that they will be able to freely divulge their financial matters. Regardless of the financial records that we will have on request, it is also good to hear everything from the business owner.

However, if an entrepreneur isn’t open to speaking to us, it will be extremely difficult to know about other matters of their operation. To a certain extent, we have to play detective because we want to ensure that we give the customer the best financial plan.

Repayment period

The payment period depends on you as the customer. It could be monthly or weekly. However, once you have chosen a preferred date, you have to ensure that you stick to it. If you don’t stick to your payment period and you miss payments, you will be liable for extra charges. If you are still not able to fulfill your financial obligations, we may have to resort to other alternatives such as including a third party to take care of the situation.

We give our customers to choose the dates so that they don’t come back and say we gave them unreasonable dates. At the end of the day, we want every business owner to be able to continue paying other debts and not feel like the credit plan taking at The Lending Room brought a lot of bad instead of good.

The lending criterion for The Lending Room

If you want to apply for a peer-to-peer loan at The Lending Room, you have to be 18 years or older before you apply. Secondly, you must be a New Zealand citizen or should possess permanent residency to stay in New Zealand.

The business must be able to produce financial statements that are satisfactory according to our terms and conditions. If you don’t meet our criteria, we will not be able to help you, unfortunately. It is important customers read the terms and conditions before accepting the business loan. Should you not be able to keep your end of the deal, there will be repercussions that have to be taken.

The Lending Room – Business loan

  • Loan Type Business loans
  • Loan Amount up to $25,000
  • Repayment 5 years

Benefits of The Lending Room

  • Repayment terms are flexible
  • Bad credit is welcome
  • Affordable loans

Business loan calculator

The interest rate of a loan will vary based on your credit score and risk profile.
This loan calculator is for illustration purposes only.
The use of this quick loans calculator is subject to our terms of use.

The Lending Room - A friendly and professional team

We wouldn’t be fair if we took all the credit for our great work. Our staff goes above and beyond to ensure that every client that seeks a loan gets exceptional service.

Furthermore, we employed qualified people who have the right set of skills that are needed in the world of financial management. Therefore, our customers shouldn’t worry because we have given them the best of everything. If you would look to make an appointment with one of the consultants, you are more than welcome to do so.

Applying for more than one loan

Should you require an additional short-term loan, you will follow the same process that you followed with your initial loan. However, we always encourage our clients to first pay off the first loan before applying for the next one.

When you are unable to pay for your loan

If you can’t pay your business or personal loans on time, please notify us as soon as possible. Clients have a tendency of waiting for the day that the debt payment is supposed to go through and it is usually too late for us to make another plan.

We are people that understand that things happen and they may prevent you from paying your business loan on time. It is important to inform us early if you see that you will not be able to fulfill your installment for that current payment period.

Customer Reviews & Testimonials

They have helped us to grow as a company they have not only given us a loan but helped us understand our loan that is why we will be back.

Miguel S
— Auckland —

This company doesn’t just offer you loans they offer you peace of mind to when it comes to your business and that is why I will recommend them.

Chris P
— Wellington —

They have helped us get the loan to secure our new cooling truck to deliver our products to the whole sales and we couldn’t be happier to know that we can now deliver more products faster.

Courtney B
— Queenstown —

The Lending Room Contact

Physical Address

Postal Address

  • PO Box 87294, Meadowbank, Auckland, 1010, New Zealand

Opening Hours

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