NZ business loans for expats
Apr 22nd 2009, 5:36 pm
#1
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Thread Starter
Joined: Feb 2009
Posts: 54
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.
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.
Apr 22nd 2009, 5:54 pm
#2
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Joined: Mar 2009
Location: just lovin' Levin
Posts: 748
Re: 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.
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.
