Crester Credit Review for Potential Borrowers
Crester Credit Review for Potential Borrowers
This review of Crester Credit will help you to better understand the Crester Credit business loans. We delve into the different lending solutions offered by Crester Credit and we understand what’s required for businesses to be eligible for a Crester Credit business loan. Read on for the full Crester Credit review and learn if they’re a good fit for your financing requirements.
Crester Credit Review – Basic Figures for 2022
Website
Logo
Loan Amount
up to $15,000
Loan Term
Repayment up to 3 years
Unsecured Loans?
Unsecured Loans are Available
Lender Requirements
Enter the age of your business
Add some personal details, such as a phone number you can be contacted on and a working email address.
- Enter in your monthly business revenue
Response Time
within 1 hour
Easy to Apply
Yes, fully online
Minimal Interest Rates
13.95 – 26.98% p/a
Credibility & Company Story
We’ll offer you a business loan, NZ-style. This means, fewer hurdles to jump, and a personal relationship that you can rely on. A business loan NZ-style means you can pick up the phone and get approval in minutes, assuming we’ve worked with you before. You can use Crester Credit for cash flow assistance, new equipment or servicing, or an IRD bill that you didn’t anticipate. We can tailor interest rates as low as 12% to assist you with your business finances.
Avoid the time-consuming red tape and bureaucracy of other lenders and banks. Crester keeps it simple and personal. We aim to have your commercial loan transferred into your account within just 24 hours of approval.
We provide finance to businesses of any size NZ-wide, whether you’re a start-up or looking to expand. Either way, we’re excited to be part of your journey and provide commercial finance at fair and realistic interest rates. Apply now.
Crester Credit Loan Compatibility
Business equipment
Business finance is often needed for equipment to improve your efficiency. We love helping Kiwi businesses achieve growth.
Farm machinery
Farm machinery is a common request for business finance also. Let us help you increase productivity with a short term commercial loan.
Office furniture
New office furniture can easily be in excess of $10,000, so if you’d like to spread this payment across a term to help cash flow, we’re here to help.
Shop fittings
Along with new furniture, you might also want to paint the walls, knock out walls, add dividers. Either way, small business funding can help you manage cash flow.
Website builds
If a website is older than four years, it’s old technology. Think about an iPhone. If it’s four years old, it doesn’t work correctly. Need a hand?? We like to help businesses grow.
Expansion plans
Opening a new office? Taking on more staff to grow? Discuss your expansion plans with us one-on-one with our director. We love to partner with clever businesspeople.
Work vehicles
We often help with car finance for businesses because our fees are often far less than the payments you’ll have to make when negotiating with a dealer.
Bridging Finance
If you’re purchasing equipment or property for business and you need a short term cash injection. We’ll happily discuss this with you. There’s often a way.
Crester Credit Rates & Pricing
All applicants should be made aware that there are fees they should take note of when applying for a loan with any lender company, Crester Credit included. Such rates and fees include:
- Their interest rate ranges from 13.95% to 26.98% per annum.
- A default interest rate of 10% will be added to all repayments that are in arrears.
- Loan establishment fee (amount dependent on loan amount).
- Registration fee (dependent on loan type).
- $6 Administration fee.
- $50 Variation fees (applicable when terms of an existing loan are changed).
- Small full prepayment fees.
Crester Credit Review Summary
Name: Crester Credit
Summary
You can get the credit you need without letting your bad credit score get in the way.
They’ve helped thousands of Kiwis access personal cash loans for bad credit when they needed it the most.
As a well-established lender that is registered with the government, customers can rest assured that they’re dealing with a reputable lender that will never take advantage of them or overcharge them.
Overall
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Credibility - 84%
84%
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Client Reviews - 82%
82%
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Website - 87%
87%
-
Compatibility - 84%
84%
Pros
- They deliver extremely fast and reliable service
- A high level of transparency
- Friendly, helpful, and well-trained staff that is always ready to assist.
- Low rates
- Quick processing and approval.
Cons