What we offer
We offer loans and flexible leases if your business needs vehicles or equipment. Let one of your local lending experts find the right solution for you.
| Business loan | Operating lease | Finance lease | |
|---|---|---|---|
| Ownership | |||
| At the end of the contract | yes | no | no |
| Residual value liability | yes | no | yes |
| Goods | |||
| Can be new or used | yes | no | yes |
| Recorded on your balance sheet | yes | no | yes |
| Interest | |||
| Fixed rate for full term of contract | yes | yes | yes |
| Calculated on GST inclusive price | yes | no | no |
| Calculated on GST exclusive price | no | yes | yes |
| Tax benefits for business | |||
| Interest and depreciation deductible | yes | no | no |
| Interest and principle are deductible | no | yes | no |
| GST | |||
| Calculated on cost of goods | yes | no | yes |
| Risk protection | |||
| Comprehensive insurance (required) | yes | yes | yes |
| Mechanical breakdown insurance (optional) | yes | no | yes |
| Payment waiver (optional) | no | no | no |
| Term | |||
| Minimum - maximum | 3 - 48 months | 6 - 45 months | 46 - 48 months |
Why choose us
Why our customers trust us to help them to do more.
We’re here for you
Service and advice from your local team, tailored to you from start to finish.
Same-day approval
We can usually let you know how much you’re approved for on the same day you apply.
Locals backing locals
We’re local New Zealanders, and we live and work in your community. A local understanding goes a long way.
We take the stress out of finance
Online or over the phone, we’ll guide you through your options to select what’s best for you.
Business vehicle loans
Keep your business moving with finance for trucks, cars, utes, vans, tractors – you name it. With repayments tailored to your cash flow, so you can achieve business success.
Understand your business loan
Understand your rights and obligations, your loan’s interest rate and fees, and how to be a responsible borrower.