# Line Capital review: FundingLine, SmartLine and AcquisitionLine > Line Capital lends New Zealand businesses $5,000 to $500,000 at fixed rates from 16% a year. Here's who qualifies for FundingLine, SmartLine and AcquisitionLine, what they cost and how they compare. By Jason Dark, last checked 2026-11-06. Part of [Lenders](https://smallbusinessloan.co.nz/lenders) on Skipper. ## The short version - Line Capital offers loans from $5,000 to $500,000, with terms between 6 and 60 months. Fixed interest rates start at 16% a year and depend on your business's risk. - To apply, your business needs to be based in New Zealand, have traded for at least 12 months, have revenue of $100,000 or more in the last 12 months and be cash flow positive. - Line Capital charges a 2.5% origination fee, which comes out of your loan. There is no early repayment fee after the first 30 days. - Every loan needs a personal guarantee from the directors, and FundingLine also needs a general security agreement. ## Is Line Capital a good lender for your business? Line Capital suits established New Zealand businesses that have traded for at least a year and turn over $100,000 or more a year. Line Capital offers longer fixed terms than most online lenders, with loans of up to 5 years at fixed rates from 16% a year, so your repayments stay the same. Line Capital doesn't lend to start-ups, and every loan needs a personal guarantee from the directors. ## What Line Capital lends | Product | Amount | Term | Who qualifies | Security | Speed | Cost | | --- | --- | --- | --- | --- | --- | --- | | FundingLine | $10,000 to $500,000 | 6 to 60 months, repaid weekly, fortnightly or monthly | 18 months of trading, $200,000 a year in turnover and positive cash flow, with 2 years of finalised financials, an IRD screenshot and 12 months of bank transactions | A personal guarantee and a general security agreement at minimum | A decision in 24 to 48 hours | Fixed rates from 16% a year, set by risk, plus a 2.5% origination fee taken from the loan; no early repayment fee after 30 days | | SmartLine | $5,000 to $75,000 | 6 to 36 months, repaid weekly, fortnightly or monthly | 12 months of trading, $100,000 a year in turnover and enough cash flow to make the repayments; less paperwork than FundingLine | No property security; personal guarantees, and possibly a general security agreement | A decision within 24 hours of getting everything it needs | Fixed rates from 16% a year, set by risk, plus a 2.5% origination fee; no early repayment fee after the first month | | AcquisitionLine | Up to $500,000, generally 70% to 85% of the purchase price | 6 to 60 months | Buying an established NZ business that has traded for at least 3 years with $200,000 or more a year in turnover, with relevant experience and your own contribution | Personal guarantees and business security; sometimes property | Not published | Fixed rates from 16% a year, set by risk, plus a 2.5% origination fee | ## Who qualifies To qualify, your business must be based in New Zealand, have traded for at least 12 months, have had revenue of at least $100,000 in the last 12 months and be cash flow positive. SmartLine loans, from $5,000 to $75,000, follow these rules and need less paperwork. FundingLine loans, from $10,000 to $500,000, need 18 months of trading and at least $200,000 in annual turnover. For FundingLine, you must provide two years of company financials, an IRD screenshot and a bank connection showing 12 months of transactions. If you borrow more than $300,000, you also need to provide your accounts payable and receivable lists. The loan can't be used for property development or personal expenses. ## What Line Capital costs Fixed rates start at 16% a year, and Line Capital sets your rate based on your business's risk. There's a 2.5% [establishment fee](https://smallbusinessloan.co.nz/glossary/establishment-fee), which Line Capital calls an origination fee, and it comes out of your loan. If you borrow $100,000, you receive about $97,500. Line Capital says there are no other fees, and you can repay early without a fee after the first 30 days. Once you get an offer, enter the rate and term into the [business loan calculator](https://smallbusinessloan.co.nz/tools/business-loan-calculator) to see your repayments and total interest. ## Buying a business with AcquisitionLine AcquisitionLine offers loans of up to $500,000 for up to 60 months to help you buy an established New Zealand business. AcquisitionLine usually covers 70% to 85% of the purchase price. The business you want to buy must have traded for at least 3 years and have annual turnover of $200,000 or more. You also need to show your experience and explain how you'll pay the rest. ## How Line Capital compares [Prospa](https://smallbusinessloan.co.nz/lenders/prospa)'s Business Loan Plus also offers up to $500,000 over up to 5 years, but you need 3 years of trading and at least $1 million in annual turnover. [ScotPac](https://smallbusinessloan.co.nz/lenders/scotpac) lends up to $300,000 over up to 2 years to businesses with at least 6 months of trading. The [eligibility checker](https://smallbusinessloan.co.nz/tools/lender-match) shows how many lenders publish criteria your business meets. These details come from Line Capital's website, checked on 6 November 2026. ## Common questions ### What interest rate does Line Capital charge? Fixed rates start at 16% a year. Line Capital sets your rate based on your business's risk, and the rate stays the same for the whole loan term. ### Does Line Capital charge early repayment fees? You only pay an early repayment fee if you repay within the first 30 days. After that, there is no early repayment fee. ### How fast does Line Capital decide? Line Capital usually makes a decision within 1 to 2 working days. SmartLine decisions come within 24 hours of Line Capital getting all the information it needs, and FundingLine decisions take 24 to 48 hours. ## Sources - [Line Capital: FundingLine](https://www.linecapital.co.nz/fundingline) - [Line Capital: SmartLine](https://www.linecapital.co.nz/smartline) - [Line Capital: AcquisitionLine](https://www.linecapital.co.nz/acquisitionline) - [Line Capital: Frequently asked questions](https://www.linecapital.co.nz/frequently-asked-questions)