Can I get a loan if I'm self-employed?

At Unity, we believe New Zealanders are can-do go-getters who regularly strive to make their dreams come true. Big or small. So as a credit union of the people, and for the people, we're committed to helping self-employed New Zealanders achieve their goals with our personal loans for self-employed applicants.

How much can I borrow?

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:

  • 18+ years of age.
  • A permanent resident of New Zealand.
  • Adequate proof of identity.
    (Note: Co-borrowers are allowed to join an application for a loan).
  • Permanent or fixed address, either as an owner, buyer or renter. This includes boarders who are sharing or living with their parents.
  • Discharged Bankruptcy, NAP (Non-Asset Procedure) or SIO, which must be declared.
  • A demonstrated capacity to service (repay) the loan.

For more information on your eligibility and the documentation you’ll need, please see ‘Am I eligible for a personal Loan?’ and ‘What information do I need to apply?'


More frequently asked questions about our loans

You may find the answer on one of the pages below:

If you have not found your answer, please feel free to contact us.

Want to know your options?

Try our personal loan calculator.