At Xceda we focus on what businesses need
Better access to finance
At all stages of their life cycle. The main lending institutions are focused on their existing, larger customers. Xceda provides all types of business with vital access to funding to fulfil their business strategies.
Personal service
We focus on understanding our clients, their customers and the sector in which they operate. This allows us to personalise the service.
Flexible financing solutions
NZ small and medium size businesses face many and varied challenges. We have developed our business lending product to offer maximum flexibility as we know that one size does not fit all. We also know that not all businesses are equipped for growth, so at Xceda we work with business owners and management to improve their lending conduct, ultimately assisting them to become more “bankable” as they grow.
Digital innovations solutions
Innovation is key to the success of all SMEs, and we know that offering a streamlined customer experience utilising digital technology is vital to allowing our clients get on with servicing their customers and not tied down with paperwork and processes.
For example, we can integrate our lending system with a customer’s accounting or bookkeeping system (e.g. Xero).
Our Loan Products
We offer 3 types of loan products to enable you to choose a facility that suits the needs of your business
Invoice Finance
- Facilities up to $500,000
- Secured against the invoices issued by your company to your customers
- Lending typically up to 80% of the value of approved invoices
Term Loans
- Loans up to $500,000
- Fixed term for greater certainty to your business
- For any business purpose
- Cash flow repayment matching
- Flexible terms
Line of Credit
- Line of credit facility up to $500,000
- Tailored to allow drawdown for defined stages of your business project
- For any business purpose
- Flexible access to credit to allow for growth plan and reinvestment of profit
Revolving Credit Facility
- Drawdown limit up to $500,000
- Designed for businesses with fluctuating or seasonal cashflow needs
- For any business purpose
- Defined review periods
