Reviews collected under Lending Room — the team behind Zooma
Stop applying to lenders one at a time and damaging your credit profile. Apply once with Zooma and we match your business to the lender most likely to fund it. Loans from $5,000 to $500,000.
Most applicants hear back the same business day. Not sure you qualify? Check here →
One application. We protect your credit, handle the lender matching and come back with your best option.
Tell us your funding need, loan amount, how long you have been trading and a bit about your revenue. Takes around 5 minutes. We assess both unsecured and secured options so we can present you with the right structure, not just the easiest one.
We run a single soft credit check with no impact on your business or director credit scores. We review your trading history, revenue and situation — then identify the lender on our panel whose criteria best match your business. No hard inquiries until you decide to proceed.
We come back with your approval and guide you through to settlement. Funding is possible within 24 hours once documents are provided. No obligation at any stage and no pressure to proceed if the terms do not work for your business.
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Adjust the sliders to see what your business loan might cost.
Guide only. Actual rates depend on your profile and lender criteria. Rates 8.99–29.95% p.a. (AIR). Broker fee up to $1,500 and lender establishment fees up to $450 may apply.
We work for your business, not the lender. One application reaches our full panel of trusted NZ business lenders.
Every direct application leaves a hard mark on your profile. We assess options first to keep both director and business scores healthy.
We compare lenders to secure competitive business rates, helping reduce your cost of capital and improve your bottom line.
Funding possible within 24 hours once approved and documents are provided. Don't miss time-sensitive opportunities.
Unsecured loans, asset finance and working capital facilities. We match the right structure to your business needs.
We are not a lender. We work for you — finding the right fit from our panel of vetted NZ lenders so you get a better result than going it alone.
We run one soft check that leaves no mark on your file. Apply to five lenders yourself and that is five hard inquiries lowering your score before you have borrowed a cent.
Fill in your details once and we take it from there. No repeating yourself across multiple sites or fielding calls from lenders you never asked to hear from.
Our panel includes specialist and non-bank lenders not always available direct to consumers — more options and often a more competitive rate than your bank can offer.
We look at your full picture and match you to the lender most suited to your circumstances — a better rate, a higher chance of approval, not just any result.
Most NZ businesses trading for 9+ months with demonstrable revenue can apply.
Lenders require a minimum trading history to assess your business's financial position and repayment capacity.
Bank statements showing regular business income. The lender will assess revenue to determine loan size.
Operating as a company, partnership or sole trader registered in New Zealand.
Lenders assess both business and director credit history. We review your situation before approaching any lender.
Takes about 5 minutes. No credit score impact at this stage and no obligation to proceed.
Get Started — 5 MinutesReal feedback from New Zealanders we have helped find the right loan.
Everything your business needs to know before applying.
Still not sure? Talk to our team
Business loans through Zooma range from $5,000 to $500,000 depending on your revenue, trading history and lender criteria. Terms from 6 to 84 months.
Funding is possible within 24 hours once approved and documents are provided. If you have a time-sensitive funding need, let our team know when you apply.
We run a soft credit check during our assessment which does not affect your personal or business credit score. Once matched, some lenders may conduct their own standard check.
Not necessarily. Lenders assess cash flow and revenue rather than profitability alone. Consistent revenue is more important than showing a profit on paper.
Most lenders on our panel require at least 9 months of trading history. Some specialist lenders accept shorter periods for businesses with strong, consistent revenue.
A broker fee of up to $1,500 applies when your loan is successfully funded. Lender establishment fees may also apply. There are no upfront fees to apply.
Debt consolidation means taking out a single new loan to pay off multiple existing debts. Instead of managing several repayments at different rates and due dates, you have one fixed monthly payment at one rate for one agreed term.
Whether it is a good idea depends on the numbers. If the consolidation rate is lower than your weighted average rate across your existing debts, you will pay less interest overall. If the term is longer, your monthly payment may be lower even if the total interest cost is similar. The right answer depends on what matters more to you — reducing monthly outgoings now, or paying less interest overall.
Consolidation works best when you commit to not taking on new high-interest debt after settling. The goal is to simplify and reduce your debt position — not to free up credit to spend again.
Applying for a consolidation loan through Zooma does not affect your credit score because we use a soft credit check at the assessment stage. This is different from applying directly with a lender, where each application results in a hard inquiry on your credit file.
Once your consolidation loan settles and your previous debts are paid out, your credit profile often improves over time. You reduce the number of open credit accounts, lower your overall credit utilisation and build a track record of consistent repayments on a single account. For most borrowers who stay disciplined, consolidation is a net positive for their credit profile over the medium term.
The most common mistake is paying off credit cards through a consolidation loan and then running them back up again. This leaves you with more total debt than when you started.
If you are consolidating credit card debt, consider whether to close or reduce the limits on those cards after settlement to avoid the temptation of re-accumulating balances.
A balance transfer moves your credit card debt to a new card with a low or zero interest period, typically 6 to 24 months. It can work well if you can clear the balance before the promotional rate ends — but if you cannot, the revert rate is often very high.
A consolidation loan gives you a fixed rate for the full term with set repayments, so you know exactly when you will be debt-free. It can also consolidate different types of debt — not just credit cards — into a single structure.
If you have a mix of credit cards, personal loans and other debt, a consolidation loan is usually the more practical and predictable option. If you only have credit card debt and can confidently clear it within a promotional window, a balance transfer may also be worth considering.
Takes about 5 minutes. We review your debts and come back with the right lender and rate. No credit score impact and no obligation to proceed.
