Term loans
A range of fixed and variable interest rates for short-term, seasonal and long-term loans.
A term loan1 from BNZ can help pay for new assets or help you to grow by leveraging the equity in what you already own. We have term loans to suit businesses of all sizes.
Included in our range are some loans specifically designed for commercial property investors, property developers, and farming businesses. Your business can confidently plan ahead with the certainty of a fixed interest rate for the term you choose or the flexibility of a variable rate.
Business First Term Loan
A simple, fully-secured term loan that lets you finance whatever your business needs to succeed.
- Repayments structured to match your needs
- Market linked pricing - updated daily
- Ratelock of up to 60 days
PropertyPlus Term Loan
A fully-secured term loan that allows you to purchase commercial, industrial or multi-residential property assets.
- Short and long term interest rate options are available on terms from 30 days to 5 years
- Interest only payment options are available to approved borrower
- Market linked pricing - updated daily
ProjectPlus Facility
A revolving credit facility that’s ideal for a property developer who needs easy access to property finance. A flexible alternative to a term loan.
- Control over your own funding
- Progressive availability of funds
- Market linked pricing - updated monthly
Farm First Rapid Repay
Farm First Rapid Repay is a term loan and transaction account in one. It offers the benefits of revolving credit, along with a gradually reducing credit limit.
- Revolving credit facility
- Interest is calculated on a daily basis
- Access your account any time
Farm First Term Loan
A fixed rate term loan that makes it easy to borrow when you want to expand or upgrade. This is lending finance the way you like it.
- Ratelock of up to 60 days
- Repayments structured to match your needs
- Market linked pricing - updated daily
TotalMoney Business Term Loan
- Comes with up to ten accounts and unlimited transactions for $10 a month (Service Fees apply2)
- Use your credit balances to reduce the effective interest rate on your loan
- Option to make lump sum repayments
Did you know?
BNZ term loans offer fixed interest rate terms that range from 90 days to five years or the flexibility of a variable rate. They also give you a choice of repayment structures. So it can be a good idea to arrange separate term loans to suit each of your business projects.
Small print
- Our lending criteria and establishment fees apply.
- Fees subject to change. Fees are charged on the last business day of each calendar month and are based on the period between the last business day of the previous calendar month and the second to last business day of the current month, inclusive.
The information and recommendations on bnz.co.nz are provided for general information purposes only. To the extent that any such information or recommendations constitute financial advice, they do not take into account any person’s particular financial situation or goals. We recommend that you seek advice specific to your circumstances from your financial adviser.
