Personal loans in NZ, Sorted in Minutes.
Get approved fast at rates from 12.95% pa* – lower than most banks, no hidden fees, and flexible terms tailored for strong credit Kiwis.
Excellent Trustpilot rating from 3,865+ reviews
*The 12.95% rate applies to our lowest-risk customers; your actual rate may vary between 12.95% and 49.95% depending on risk factors and the amount borrowed. Total repayments, including all fees, range from $3,464.19 (at 12.95% pa) to $5,446.34 (at 49.95% pa), incorporating a $240 establishment fee and $156 in account maintenance fees.
**Responsible lending inquiries apply.
Get started with an SMB Personal Loan
Whatever life throws at you, an SMB personal loan helps you handle it. Starting at 12.95% p.a.*, we offer faster approvals than the banks, no hidden fees, and flexible repayments organised around your pay cycle. Whether you are consolidating debt, covering an unexpected bill, or finally booking that trip, you get transparent terms and trusted service, rated 4.9/5 stars on Trustpilot. Apply online for a personal loan in minutes and get on with it.
Access to up to $20k
Trusted by over 30,000 Kiwis
Get funding in as little as 24 hours
Up to $20,000, in 24 hours
Not secured to your home
Trusted by 30,000 Kiwis
Why SMB
A way to ‘yes’ in an industry of ‘no’
We’re here to help you achieve the future you want, no matter where you start.
You’re more than your credit score
At SMB, we look deeper at your situation and your goals.
Help when you need it
We want you to take control of your financial future. We’re just a call away, so let’s see if we can help.
Trusted by over 30,000 Kiwis
With over 3,865 5-star reviews, know you’re in good hands.
Personal loans for hassle-free funds, fast
Same-Day Funding
Not secured against your home
Lump sum payments help you pay off debt faster
Top-rated (5-Star) personal loans
Fixed Rate
Loans up to $20,000
Important
Things to consider before getting a personal loan
1
Interest Rate & Loan Term
Higher rates and longer terms increase the total cost of your personal loan.
2
Affordability
Make sure the repayments fit comfortably alongside your existing bills and commitments.
3
Loan Conditions
Check for prepayment penalties and how flexible the loan is if your circumstances change.
Your personal loan could be just three steps away
Our standard annual interest rates are 12.95% - 49.95%, with an establishment fee of $240 and account maintenance fees of $1-$4 per payment (see more here). Normal lending criteria and responsible lending inquiries apply.
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Our personal loans help fund life’s smallest to biggest moments. Our products are designed to provide customers with access to competitively priced credit whenever and wherever they need it.
Take a look to see whether you qualify for a loan and take a look at our loan products here.
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Making your loan repayments on time, leads to a brighter tomorrow through positive credit reporting! SMB has partnered with credit bureau Equifax to ensure customers benefit from paying their loans on time. Making your payments on time will positively impact your credit score, which is a great way to get your score moving in the right direction.
Want to know more about what your credit score is and how positive credit reporting works? Check out our article here.
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We know your loan is important to you, so we work hard to get it to you quickly! If your personal loan is approved on a business day, we will make payment to your bank on the same day.
The exact time that funds will become available to you will depend on your bank, but it should be within a few hours post approval!
We'll keep you updated on the status of your application by email and text, and you can also call our friendly customer team FREE on 0800 27 28 36to discuss the status of your application.
Click here for more information on our loan application process.
All personal loan applications are subject to responsible lending inquiries.
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You sure can!
Basically, a top-up is a new loan, just with a portion of the funds being used to settle your previous loan balance.
You just need to make sure the top-up is enough to clear your existing loan balance AND cover off what you need the new loan for.
The amount you can top-up by is dependent on your individual circumstances! Each top up request for additional funds is subject to a full credit assessment.
What we look at when we assess your top-up loan application:
You have a history of making payments on time on your current Flex Loan
That the new loan remains affordable and there has been no significant change in your circumstances including changes in income, expenses and other financial commitments
The new loan continues to meet your requirements and objectives
You have demonstrated good account behaviour reflecting a responsible borrower. This means your bank statements don't show:
Reversals to other credit and/or utility providers
Transfers and withdrawals causing reversals
Problem gambling impacting your ability to meet payment obligations
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You can request an early repayment at any time at no extra cost or penalty!
Please call our repayments team FREE on 0800 27 28 36 before making an extra payment so we can provide you with the exact balance to pay and adjust your repayment schedule if necessary.
Click here for more information on repaying your loan.
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We want to ensure you have the best borrowing experience possible and we have a number of options available to keep you on track. We encourage you to contact us if you can’t make a payment – we can talk about your options and adjust your repayments!
Our friendly repayments team are here to help – give them a call FREE on 0800 27 28 36 or send an email to repayments@smb.nz.
We understand that sometimes you can struggle financially, we are here to help you! Although it can be tempting to just ignore the situation and hope things will improve for the better, missing a payment may hurt your credit score! If you feel things might get out of control or if your individual situation has changed, all you need to do is give us a call and we can help protect your score, and work together to find a repayment solution that is suitable.
Click here for more information on repaying your loan.
Click here for more information on financial hardship.
FAQs
