# Harmoney Business Cash Flow — New Zealand

Start your business

Business lending typically requires financial statements, business plans, trading history, and weeks of processing. If you are starting out or run a small operation, you may not have the paperwork a business lender wants.

Funding for equipment, stock, fit-out, or cash flow — assessed on your personal income and credit profile, not your business accounts.

A Harmoney personal loan can be used for business purposes including equipment, cash flow, stock, fit-out, or startup costs. The loan is assessed under consumer credit criteria — your personal income, expenses, and credit history — so there are no business financial statements to prepare. Borrow $5,000 to $100,000 with a fixed rate and $0 early repayment fees.

Typical amount for this purpose: $5,000 – $100,000 — guidance, not a product limit; the loan amount range below applies.

## How business cash flow finance works

- Check your rate: A soft inquiry in as little as 2 minutes — no impact on your credit score.
- Choose your loan: Pick an amount and term that fits your budget.
- Get funded: 93% of approved loans are paid out within 24 hours. Subject to responsible lending inquiries.
- One repayment: Fixed weekly, fortnightly, or monthly — you choose.

## Using a personal loan for business

**Understand the difference.** A Harmoney personal loan used for business is still a consumer credit contract. You receive full consumer credit protections including responsible lending obligations and hardship rights. However, it is not a business lending product — there are no business tax deduction structures built in.

**Speak to your accountant.** Interest on a personal loan used for business purposes may be tax-deductible. Keep records of how the funds are used and discuss with your tax adviser.

**Start small.** If you are testing a business idea, borrow only what you need for the first phase. You can apply for additional funding later if the business grows.

## Personal Loan (unsecured)

- Interest rate: 7.99% p.a. – 24.99% p.a. (fixed)
- Loan amount: $2,000 – $100,000 (increments of $100)
- Terms: 3, 5 and 7 year
- Repayments: weekly, fortnightly and monthly
- Establishment fee: $150
- No monthly fees, no early-repayment fee.

### Important information

Harmoney Services Limited (FSP593769). Dispute resolution: Financial Services Complaints Limited (FSCL) – a Financial Ombudsman Service, membership 5288.


The rate offered depends on your individual credit assessment. Fees, charges, terms and conditions apply.