Quick Loans Review for Potential Borrowers
Quick Loans Review for Potential Borrowers
This review will provide a full breakdown of the business finance solutions offered by Quick Loans. Business loans up to $20,000 and approved within 60 minutes regardless of your credit score, read on to find out more about Quick Loans.
Quick Loans Review – Basic Figures for 2022
Website
Logo
Loan Amount
$1,000 – $20,000
Loan Term
Up to 60 months
Unsecured Loans?
Unsecured Loans are Available
Lender Requirements
- Minimum age. You must be at least 21 years of age
- Residency requirements. You need to be a New Zealand citizen or a permanent resident or have a guarantor that is.
- Employment status and credit history. Quick Loans wants to know that you can afford to repay the business loan, so you may still be considered if you are unemployed. It also considers those that are part-time or self-employed workers. However, it does state that you need a ‘reasonable credit history’.
- Collateral for the loan. Quick Loans only offers secured loans, so you must have something to supply as collateral. The security could be in the form of a car, property or even household goods, for example, electronic goods.
- Should have collateral/security
- Must earn at least $450 per week
- Valid NZ Photo ID (NZ Drivers Licence, NZ passport)
Required
- Income confirmation. You require confirmation in the form of bank statements or a recent payslip.
- Proof of address. Proof can be in the form of a recent utility bill.
- Proof of identification. You need to provide a form of current ID, for example, a passport or driver’s licence.
- Current phone number. Either a cell phone or landline number.
- Registration number of the vehicle. If you wish to use a car as security for the business loan, you need to supply its registration details.
Response Time
60 min. response, money available when docs signed (usually same day)
Easy to Apply
100% Online. No Paperwork
What Products Does Quick Loans Offer?
- Personal Loans – Get preliminary approval within an hour subject to credit checks and in accordance with NZ responsible lending.
- Cash Loans – Get cash deposited in your account within 24 hours, assuming you pass credit checks & criteria for approval.
- Business Loans – Need a business finance partner? We can capitalise your growth strategies assuming they make sense.
- Bridging Loans – Fast bridging loans so you can buy your dream home without waiting to sell your existing one first.
- Short Term Loans – Get short-term loans, fast from Quick loans. We’ll cover you so you can de-stress and make repayment terms that are manageable.
- Second Mortgages – Get a second mortgage. Release the equity you’ve gained and use it wisely. We’re happy to help.Small Loans – We offer small loans for personal use starting from just $800. Repayments can be spread across 36 months.
Online Loans – Get online loans NZ-wide & If you’re approved, you’ll have money in your account within 24 hrs.
Features of a Quick Loans
- 60 minutes of loan approval.
- Instant financing means funding your bank account on the same day.
- Repayment terms to suit your cash flow.
- Competitive interest rates.
- Loans secured by vehicles, property, and other assets.
- Non payment or No early repayment fees.
- Flexible lending criteria with loans assessed by our friendly staff, not computers.
- Online digital signature for simple loans.
- We are a responsible lender.
- Member of Independent Ombudsman for your protection.
Quick Loans Client Reviews
The Feedback:
Quick Loans Review Summary
Name: Quick Loans
Summary
It can take just five minutes for you to apply for a business loan with Quick Loans.
QuickLoans is based in Riccarton, near Christchurch, so they are well placed to understand Kiwis, and have been helping grow New Zealand businesses since 2003. Whether you want to borrow $1,000 or $20,000, QuickLoans can help support your business needs. Applying can take minutes and you may have approval for a loan within 60 minutes.
Overall
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Credibility - 90%
90%
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Client Reviews - 88%
88%
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Website - 89%
89%
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Compatibility - 88%
88%
Pros
- 60 minutes of loan approval.
- Instant financing means funding your bank account on the same day.
- Repayment terms to suit your cash flow.
- Competitive interest rates.
- Loans secured by vehicles, property, and other assets.
- Non payment or No early repayment fees.
- Flexible lending criteria with loans assessed by our friendly staff, not computers.
- Online digital signature for simple loans.
- We are a responsible lender.
- Member of Independent Ombudsman for your protection.
Cons