Overview
We’re on a mission to help Kiwi businesses grow. If you’re a director of a New Zealand registered company, with at least 2 years of Xero financial data, you can apply for a business overdraft, business loan or business credit card of up to $100,000 and get a quick decision using Kiwibank’s Fast Capital application process. No need to provide documentation and it’s all done seamlessly online.
When you submit your online application, you authorise Kiwibank to access your Xero data, which Kiwibank then uses to make a lending decision. Read more about Fast Capital.
Kiwibank Fast Capital + Xero
FAQs
__I just applied…what happens next? __ After you apply, Kiwibank’s Fast Capital performs some detailed calculations using your Xero data. You will be advised on the decision of your application via email in under 5 minutes. If approved, Kiwibank will be in touch to discuss which product will best suit your business needs, and what you'll need to do next.
__Which products am I applying for? __ A business overdraft, or business term loan or business credit card. Kiwibank will be in touch to discuss which product will best suit your business needs, and what you'll need to do next.
__How long do you keep my data for? __ Your Xero information will only be used by Kiwibank for the purpose of the application. Kiwibank will store your data in accordance with their privacy policy. Kiwibank will have access to your Xero account until you manually revoke access in your Xero settings. See more in Kiwibank's privacy policy and website terms.
__Where and how is my data stored? __ You’ll find more information about how Kiwibank store your data and Kiwibank’s privacy policy and website terms here.
__Can I control the information given to the Kiwibank? __ During the application process you'll be required to log in to your Xero account, where you'll authorise and allow Kiwibank to access your company's financial data.
The data provided to Kiwibank is sourced directly from your Xero account, which you must authorise by providing your Xero credentials. Make sure your Xero data is accurate and up to date as this is the information Kiwibank will be using to make their decision. You will need a minimum of two years of financial history for Kiwibank to assess. After you've completed the application, you can manually revoke Kiwibank's access to your Xero data within your Xero settings. Kiwibank will store your data in accordance with their privacy policy.
Getting started
Apply online in a few minutes from the Kiwibank website following these steps:
- Start the application here
- Search and select your company
- Tell us about yourself and your company by entering some contact details
- Provide your company's overdraft requirements
- Authorise Kiwibank to access your Xero information
- Go and have a cup of tea, because you’re done!
That’s it! Kiwibank will be in touch with an email on the lending decision within 5 minutes and confirmation of what happens next.
