British Expats

British Expats (https://britishexpats.com/forum/)
-   New Zealand (https://britishexpats.com/forum/new-zealand-83/)
-   -   NZ business loans for expats (https://britishexpats.com/forum/new-zealand-83/nz-business-loans-expats-604940/)

Pinkkat75 Apr 22nd 2009 5:36 pm
NZ business loans for expats
 
Does anyone know how easy is it for expats to get a business loan over there?

I have a good credit history in the UK, and we will probably be renting a home for the first 6-12 months rather than get a mortgage straight away. My NZ salary will be $60,000 and I will be offered the chance at running my own store with the company if I invest a lump sum of $60,000.

Am I likely to be able to get a bank loan for that amount? How long does the application process take? If we got a mortgage too, would that affect it?

Cheers.

sparkie down under Apr 22nd 2009 5:54 pm
Re: NZ business loans for expats
 
Originally Posted by Pinkkat75 (Post 7504334)
Does anyone know how easy is it for expats to get a business loan over there?

I have a good credit history in the UK, and we will probably be renting a home for the first 6-12 months rather than get a mortgage straight away. My NZ salary will be $60,000 and I will be offered the chance at running my own store with the company if I invest a lump sum of $60,000.

Am I likely to be able to get a bank loan for that amount? How long does the application process take? If we got a mortgage too, would that affect it?

Cheers.
really depends on the day, who you speak to and which way the wind is blowing!!!!!


All times are GMT. The time now is 11:16 am.

Powered by vBulletin: ©2000 - 2024, Jelsoft Enterprises Ltd.
Copyright © 2024 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.