Business Finance

Business Grants and Loans

CSBEC does not provide business finance. In addition to traditional lending establishments such as banks and finance companies there are several other potential avenues for business to consider.

To check whether you are eligible for such financial assistance you will need to contact the organisations directly.

Just Dollars

Is a charitable trust that provides small business loans to start-up or existing small businesses. Just Dollars offers unsecured loans up to $4,000 and secured loans up to $10,000. So if you are thinking about becoming self-employed but don’t have any money to get things underway, or are already self-employed but don’t have any money to expand or buy new equipment they could provide the assistance you need.

To apply you will need to be declined finance from your bank and provide a business plan including a cashflow forecast outlining your proposal. To find our more about Just Dollars or to download an application form go to www.justdollars.org.nz or contact Carolynn on 03 366 9978 ext 3 email:mail@justdollars.org.nz

Enterprise Allowance Capitilisation

This provides financial support to people who are eligible under the government-funded self-employment scheme called Enterprise Allowance. You will need to be enrolled as a job seeker with Work and Income and formally apply for the allowance. This will normally require the completion of a relevant small business course and will involve the submission of a business plan to assess the viability of your business idea.

To find out more visit http://www.workandincome.govt.nz or contact your Case Manger

Angel Fund

The Angel Fund – Wahine Putea aims to create opportunities that enable low-income women to achieve financial independence. The fund offers no interest loans typically up to $500 to women on low incomes, who have difficulty accessing credit from traditional sources and who have the ability to repay. Loans can be used to cover costs associated with starting a small business, transition to work expenses or for training courses, seminars and further education.

To find our more about the Angel Fund contact Koa on 358 8495 or email info@angelfund.org.nz

Other sources of finance available to small businesses

http://www.nzte.govt.nz for information on:

Enterprise Development Grants

Enterprise Network Grants

http://www.med.govt.nz for information on

Seed Co-investment Fund