Our secured personal loans make getting what you need easy. You could go on an overseas trip, renovate your home, or pay off other debt. You can borrow from $2,000 to $100,000, as long as you’ve got an asset to use as security (like a car) and that we're confident you can make the repayments.
Our team can help you:
tailor repayments to your income – weekly, fortnightly or monthly
find the best interest rate
find the right loan to suit what you want to do.
What you need to apply
If you apply in person, and bring these documents with you, we can usually give you an answer within the hour.
Valid NZ driver licence
Proof of address
Bank statements showing the last 90 days
Who can apply?
You can apply for finance with us if you’re a New Zealand resident or visa holder over 18 years of age, hold a valid New Zealand driver licence, and have regular income.
How long it takes
Apply in person with proof of your identity, address, income and expenses, and we can usually give you an answer within the hour. Otherwise we aim to give you an answer on the same day.
After you’re approved
We'll guide you through the loan contract, help you understand your rights and obligations, and then ask you to sign it.
If you have any concerns or questions about your loan agreement, seek advice from your lawyer or accountant before signing.
What you can use as security
We’ll ask you to secure your loan using a vehicle, or another asset, that you own. This asset covers the cost of the loan in case you’re unable to pay it back.
We’ll work out your asset’s value, and you’ll need to prove you're the legal owner and there's no other loan registered against it.
Use your loan to pay off other debt
You may be able to combine your existing debt into a single loan with one contract, one interest rate, and one regular repayment.
Before you choose this option, consider:
Are any of your existing debts nearly paid off?
What is the fee to pay off existing debt? How does this compare to fees on the new loan?
Is the interest rate on the new loan higher than your existing rate?
Will you stay in debt longer by switching?
If you answer 'yes' to any of these questions, you may end up paying more with a consolidated loan.
How it works
It's only three easy steps to apply with us.
Apply online, call, or drop into see us.
Talk with us
We’ll work with you on a loan that suits your needs.
Share some supporting documents, and we’ll get right on to it.
Who can get an MTF Finance loan? If you’re a New Zealand resident or visa holder over 18 years of age, hold a valid New Zealand driver licence and have regular income, you can apply for finance with us.
What things can I get a loan for? Whether it drives, floats or flies, we can finance almost anything! We also offer loans for business vehicle and equipment. We can even offer loans for home renovations or that well-earned break, using an existing asset as security.
MTF Finance uses the asset you’re borrowing for (or an asset that you own) as a security for the loan. The asset must exceed $2,000 in value and have a serial number. If you have any questions or need more information about this process, just ask – we’ll be happy to help.
How long does it take to get the money? If you apply in person with supporting documentation, we can often transfer funds to you on the same day that the loan is completed. If it is for a vehicle purchase, we can also arrange to send the funds directly to the seller on your behalf.
How much can I borrow? You may borrow from $2,000 to $100,000, as long as you have sufficient security to support the loan and we’re confident that you are able to manage the repayments.
How soon will I know if my loan is approved? To consider your application, you must provide:
– A valid NZ driver licence
– Bank statements, in your name, showing the last 90 days
– Bank statement, utility bill, rates, NZ Government documentation or insurance confirmation showing your name and physical address
If you apply in person, and bring these documents with you, we can usually give you an answer on the spot.
What happens when my loan is approved? We’ll talk through the loan document, make sure you understand your rights and obligations under the contract and then ask you to sign it. If you have any concerns or queries regarding the obligations you are entering into, we recommend that you seek advice from your lawyer or accountant before signing the loan document.
Are there any hidden costs? No. The interest rate and all fees are set out in the loan agreement you sign at the beginning of the loan term.
Frequently asked questions
Why choose us
Here’s some reasons why our customers trust us to help them get what they need.
We’re here for you
Straight-up service, honest advice, and support that’s just a phone call away.
We can usually let you know how much you’re approved for on the same day you apply.
Locals backing locals
We’re local people living and working in your community.
We take the stress out of finance
Online, over the phone or in person, we’ll guide you through your options to see what’s best for you.