We believe New Zealand is a country full of can-do go-getters who regularly strive to make their dreams come true, no matter how big or small. So as a credit union of the people and for the people, at NZCU Baywide we’ve helped - and continue to help - self-employed New Zealanders achieve their goals with our personal loans for self-employed applicants.
We calculate the amount you can borrow, as well as the interest rate you’ll pay, by using your personal after tax income. This requires you to present verification, as well as a copy of your latest tax assessment notice and/or your latest financial statements, showing two years of trading results.
As a self-employed application, you’ll also need to meet the following criteria: