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Fast Capital is a quick and easy application process to get a fast decision on working capital or borrowing for your business - without all the paperwork.
Watch how Fast Capital could help your business
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Benefits at a glance
Quick online approval
Once you've completed our short online application, you'll receive a decision within five minutes. We'll then be in touch to discuss the next steps.
Integrated
The application process is integrated with either your Xero or MYOB AccountRight subscription, meaning you won't need to supply additional documentation and allows for a quick decision.
Borrowing options
We'll help you choose the borrowing that best suits your business - either a business loan, business overdraft or a business credit card.
Eligibility
You can be new to Kiwibank or an existing Kiwibank customer. You'll also need to:
- be a director of a New Zealand registered limited company (i.e. not a sole trader)
- have either a Xero or MYOB AccountRight subscription and have at least two years of financial history for us to assess your application,
- have the Xero Standard or Advisor user role, or MYOB Standard Administrator or Owner role to apply.
How it works
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Online application
If your New Zealand registered company has at least two years of accounting financial history with Xero or MYOB AccountRight, then applying online will only take you a few minutes.
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Borrowing limit
Apply to borrow up to $100,000 and your business can decide how best to use the approved limit. This could be as a business loan, business overdraft or business credit card.
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Access to your data
During the application process you'll be required to log in to either your Xero or MYOB AccountRight to allow us to see the past two years of your company's financial data. We'll assess your balance sheet, profit and loss information, invoice data and credit history to enable us to make a decision about your application.
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Interest rates
Depending on what borrowing you decide on, we'll discuss the options and rates with you.
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Once approved
We'll chat to you about what product or product mix will best suit your business needs. This could be a business loan, business overdraft or business credit card. We'll then give you an idea of when you'll be able to access your borrowing.
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New to Kiwibank?
We'll need to get you set up as a Kiwibank business customer and let you know what you'll need to do next.
Integration with accounting software
You'll need to ensure your company data is up-to-date, accurate and complete.
Borrowing options available through Fast Capital
Apply through Fast Capital
It should only take you a couple of minutes to complete and you'll get a decision in less than five minutes.
Kiwibank's lending criteria, terms and conditions, and fees apply.