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Repayment Details
1 YEAR
Your Weekly Repayment
$22.60 PER WEEK* This is an approximate loan duration and amount based on assumed adequate security & collateral, job security, income, residence situation and positive references. This is subject to the New Zealand responsible lending code. Terms and conditions apply.
Rates
Get seed funding for equipment and start-up capital from Alternate Finance’s venture capitalists department. You’ll get the freedom of loan repayments spread over 36 months, unless arranged otherwise. You’ll receive an email with an annual interest rate ranging between 9.95% & 26.98% p.a. for your New Zealand business ventures.
For further details, including our beneficiaries loan default interest rate, please view our rates and fees here.
Terms
If you want to get seed funding from Alternate Finance, it’s important you understand our terms in detail, We are venture capitalists, but responsible lenders so we want you to know the conditions. When making an application for your business finance, you’re granting Alternate Finance permissions to store your sensitive information. Our company will endeavour to keep all information on the Alternate Finance website accurate and up to date, relating to your loan for business investment. If you find an error, and if brought to our attention in writing, we will rectify it within a reasonable timeframe. For more information relating to the terms of your business finance, please view this page.
Security
Your details are data protected when applying for a loan, as we have end-to-end encryption on all of our webforms. All loan information you provide will be treated confidentially and you can have confidence that your loan application will remain secure.
Did You Know?
How To Pitch For Venture Capital NZ
When searching for venture capital NZ companies, you'll need to have your business idea well documented. An investor will want to see a history of your past achievements, showing a track record of success. You'll need to have created a financial plan, a marketing plan and have completed your research into the market cap of your industry and possible revenues that can be achieved.
What's Your Unique Selling Point?
You'll need to list why you think your business can outperform the competition, and there needs to be enough compelling reasons outside of you being dedicated and talented to satisfy venture capitalists.
for investors to fund someone's idea requires considerable convincing, especially when you don't have a previous relationship. Include all of your past successes and probability calculations of future success.
Who Would You Ideally Sell To?
Think about which main player in your industry may want to invest, or buy you once you're showing success. What size of business do these investors currently have?.
How can you gain them as a customer and become such an integral part of an industry super-giant that just being affiliated with them would increase your multiple when selling or valuing your business? Start planning why a larger player might want to make an investment in you early; create a succession plan because this is the kind of language that venture capitalists want to hear.
Project Your Growth
Then outline the steps you've already taken towards these long-term objectives, and create a timeline for your growth. Build in your projections, what it costs to grow, what seed funding you require and what key people you'll need to run your organisation.
Apply for Venture Capital Funding
Having read the above paragraphs, you may be in the position of needing to research more before approaching us for seed funding. However, you may find that getting a small business loan is a step towards creating a solid relationship with us that could then progress onto more at a later stage.
Get Started With VC Funding
If you are well researched, and you've investigated the best VC firms in New Zealand, then please fill out the following information below, and we'll have our senior-level staff be in touch for a confidential conversation. Please keep your answers below brief, and in a bullet point format. Ensure you mention your past experience, and substantiate any risk with the project. This will show that you're thinking of all aspects.
Support & Mentorship
If you are pitching to be funded, the investor is going to want to ensure you have every advantage at your disposal, and more often than not, people with money have wisdom. This finance partner with wisdom may agree to advise or help form a senior management team with real substance. They'll have many investments within their portfolio, and they're often time-poor, so it's your job to make your project appealing without being a burden.
If you're funding has significance, it's likely you'll be asked for a seat on the board to ensure you're making sound decisions. Offer this before being asked; the right investors are often valuable mentors.
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