# Skipper: Small business loans in New Zealand

> See what a business loan really costs once factor rates and fees are counted. Work out the true annual rate, then compare how each lender sets its prices.

## Tools

- [Business loan true cost calculator](https://smallbusinessloan.co.nz/tools/true-cost): Turn a factor rate, fee and term into a true annual rate you can compare with a bank loan.

## Loans

The main kinds of business finance in New Zealand, who each one suits and what to check before you sign.

- [Business loans in New Zealand](https://smallbusinessloan.co.nz/loans/business-loans): You can get business loans in New Zealand from banks or online lenders, and each has its own pricing. Learn how they compare and what you'll need to apply.
- [Unsecured business loans](https://smallbusinessloan.co.nz/loans/unsecured-business-loans): An unsecured business loan doesn't need your house or equipment as security. Learn how these loans work in New Zealand, what a personal guarantee means and what they cost.
- [Start-up business loans](https://smallbusinessloan.co.nz/loans/start-up-loans): Getting a start-up business loan in New Zealand is hard because most lenders want to see a trading history. See what options are out there for new businesses, like home loans and asset finance.
- [Business loans with bad credit](https://smallbusinessloan.co.nz/loans/bad-credit): Bad credit can make it harder to get a business loan in New Zealand. Learn how lenders check your credit, which ones might still lend to you and how to improve your chances.

## Lenders

How each lender sets its prices, what it charges and what a typical loan costs.

- [Prospa](https://smallbusinessloan.co.nz/lenders/prospa): Prospa is an online lender offering small business loans in New Zealand. Find out how much you can borrow, how its rates and fees work and what to look for before signing.
- [Bizcap](https://smallbusinessloan.co.nz/lenders/bizcap): Bizcap is an online lender offering short-term business loans in New Zealand. Find out how much you can borrow, how its factor rates work and what a loan really costs.