> _Markdown transcription of HomeSec HomeSec Business Loan policy wording, effective html-capture-2026-05-18. Source: https://homesec.co.nz/business-loans/_ --- # HomeSec Business Loan (NZ) Source: https://homesec.co.nz/business-loans/ Pricing detail: https://homesec.co.nz/business-loan-pricing/ Captured: 2026-05-18T00:18:34.024Z SHA-256: 7bd11134595060a2d78a2313501ea6f67889cc339417ccd54413a02e023ed716 ## Headline Property-secured business loans funded in 24 hours. 1st or 2nd mortgage / caveat on real-estate equity. Approval possible in 2 business hours. ## Loan range $20,000 – $500,000 (per HomeSec's pricing page). ## Term Typically 12 months. Two repayment options: - Interest-only: monthly interest payments over the term - Capitalised: no monthly payments — interest accrues and is paid with principal at end of term ## Security **Fully secured** — 1st or 2nd mortgage / caveat over real estate. Distinct from cash-flow lenders. Approval requires sufficient equity in real estate + a business purpose. ## Eligibility - Any business with a registered NZBN - Sufficient equity in real estate (this IS the credit decision, not cash flow / revenue) - Business purpose for the funds - Startups + base credit history accepted (real-estate equity covers the lender's risk) ## Speed - Approval: as little as 2 business hours - Funding: as little as 24 hours after approval ## Fees + early repayment - Small assessment fee payable IF the offer is accepted (covers due diligence) - No early repayment penalty on capitalised loans - No mention of application or account-keeping fees ## Pricing No headline annual percentage rate published. Pricing is per-application, subject to security type, loan amount, term, and risk profile. See HomeSec's pricing page for the discussion (not a rate sheet).