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Insurer: Spinach (spinach)
Product: Business Loan Broker Service (broker-service)
Vertical: business-lending
Wording effective: html-capture-2026-05-18
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> _Markdown transcription of Spinach Business Loan Broker Service policy wording, effective html-capture-2026-05-18. Source: https://www.spinach.co.nz/_

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# Spinach Business Loan Broker (NZ)

Source: https://www.spinach.co.nz/
Captured: 2026-05-18T07:06:19.056Z
SHA-256: 2fdfaaaaeecc14c43ff4c01b34b78de06a69f9a1ee6b873e420a4a97a7756c4a

## Headline
Commercial finance broker — connects NZ businesses with a panel of commercial lenders. Quick online application; same-day approval often achievable.

## Distinction from direct lenders
Spinach does NOT lend its own capital. The actual loan comes from one of Spinach's panel lenders. So:
- Loan range, pricing, term, security model — all depend on which panel lender matches
- Approval speed depends on Spinach's matching + that lender's process
- Disclosure obligations vary by which lender ultimately funds

## Marketed model
- Online application: a few minutes
- Quick approval: often same-day
- Funds transfer: arranged after approval

## What "loan size" / "rate" means
Per panel-lender quote. Not a Spinach figure. Spinach doesn't publish their own loan limits or APRs because they don't underwrite.