When the banks turn a cold shoulder, we can offer a helping hand.

If you’re a beneficiary, loans from banks can be almost impossible to obtain. The time, effort, and stress involved with questions and applications can be absolutely draining and, more often than not, without a good result. Yet the alternative, applying for a benefit loan from a high-interest lender, can be even worse. We know there’s a better way.

In New Zealand many banks and lenders will not lend to beneficiaries – and if they do, the loan often comes with very high interest rates.

If you’re on superannuation, loans for home repairs or car purchases can be difficult to achieve. Likewise, the beneficiary that needs a loan for a car or holiday can find themselves having to jump through hoops trying to attain one – and still end up paying far more than they should.

Quick Loans provides fast, easy online loans that are carefully vetted and often approved on the same day. Loans can be applied for with minimal fuss, maximum speed and ongoing peace of mind. We work with our clients to ensure they are within their budget and can repay the loan within a realistic and appropriate timeframe.

At Quick Loans, we provide secured loans to beneficiaries from $1,000 upwards.

  • Interest rates from 9.95%
  • No early settlement fee
  • Minimum 6-month term
  • 100% online application
  • Fast response confirmation
  • Flexible criteria

Our approach

Our loan application process has been developed to be as efficient and effective as possible. Our reputation for responsible, effective, and professional service has become well known over the years. This reputation is too valuable to lose on loan services that don’t leave our clients happy with the results.

New Zealand is a small country where word of mouth travels fast. At Quick Loans, our happy clients mean this word of mouth is always positive – and it ensures we get referrals and repeat business.

…we work with a realistic, appropriate approach to ensure our clients can achieve their goals without compromising their lifestyle.

That’s why we don’t charge exorbitant interest rates, and why we don’t lend to those who can’t afford to repay the loan. Instead, we work with a realistic, appropriate approach to ensure our clients can achieve their goals without compromising their lifestyle.

We believe that if you have the ability to pay back a loan, your employment status shouldn’t prevent you from accessing financial assistance to achieve your goals. Nor should this situation mean you could only achieve these goals at the mercy of high-interest rates.

Your information

To correctly assess your eligibility criteria, we will need to access your financial information. You have these responsibilities to ensure our lending process can run quickly and smoothly:

  • You must have a reasonable credit history. Yes, the odd difficulty in the past here and there is ok – everyone can go through tough times. But we need to know you can and will pay back your loan.
  • You must not have any current payday loans.
  • You must provide bank statements showing an acceptable level of financial stability
  • You must have a current driver’s licence or passport for identification purposes.

Applying for your loan is really easy

Quick and Simple Online Loan Application Form
step 1

Complete our quick and simple online loan application form in only 5 minutes

Loan Application Assessed by a Human Being
step 2

Your application is assessed by a human being – not a computer who’ll contact you within 60 minutes
(during business hours)

Loan is Approved
step 3

If your loan is approved, after completing the documentation you’ll get your money the same day paid into your bank account


Get the Beneficiary Loans FAQs…

What are beneficiary loans?

Quite simply, a beneficiary loan is much the same as any other loan. These loans are available to anyone who is receiving a benefit from the government, for example, Jobseeker Support, Sole Parent Support, Working for Families, or NZ Superannuation.

How much can I borrow on a beneficiary loan?

Generally beneficiary loans range from $1,000 to $2,000. For larger amounts, some lenders will set up personal loans. These loans will often be secured against the borrower’s assets and paid back over a longer period of time.

How long will the application process take?

The Quick Loans online application process takes our clients anywhere between 5 to 45 minutes to complete. Depending on the type of loan being applied for loan approval can vary from one hour to 24 hours.

What are the chances of getting a beneficiary loan if I have bad credit?

That all depends on your current financial situation. If you have a bad credit history there’s still a good chance we can approve your loan provided we have a clear understanding of your current financial situation and are confident you can meet all the scheduled repayments and pay the loan back.

Will you loan to anyone on a benefit?

No, we certainly don’t. Our comprehensive beneficiary loan application process ensures only those who can realistically pay back the loan without negative effects on their lives. We are not interested in providing cash loans to those who are vulnerable or are in hardship or in need of guidance to escape financial issues. Our work is focused on making people’s lives better with easily accessible, fast approval loans. If a loan will not achieve this, we won’t approve it.

I have a few payment defaults in the past. Can I still get a loan?

Provided these defaults are isolated incidents and not a pattern of ongoing debt we can process your online loan application as per normal.

What do you check to see if I can get a beneficiary loan?

If you’re applying for an online loan we only need to ensure you can pay back the loan in the agreed time. To do so we will check your credit history and assess your recent bank statements to ensure your financial situation provides enough stability.

How does being on a benefit affect my credit rating?

Yes, applying for a loan can affect your credit rating. But this does not mean you cannot apply (and receive) a fast loan. Benefits generally provide consistent, sustained weekly, or monthly payments. With this income, we can work together to plan a successful repayment approach.

Easy, Fast Loans With Our ‘Digital Signature’ Service

You’re busy. We get that. That’s why you can sign for, and receive your funds, without even leaving your house. Our digital- signature service provides an even more stress-free, convenient service for you. If you’ve got a smart-phone or a computer, you can apply and get approved today!