Invest in moving your business forward
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Gain immediate use and ownership of the asset so your business can keep moving forward.
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Use the asset itself as security, giving you access to funding without tying up additional collateral.
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Choose fixed or variable interest rates, flexible terms from 12 months to 5 years, and repayment schedules tailored to your cashflow where available.
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Streamline complex purchases with fleet and multi‑asset facilities that consolidate your financing into one simple structure.
How it works
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What you can borrow for
Borrow for tangible assets, including: earthmoving and contracting equipment, business motor vehicles, plant and machinery, fleet finance, commercial trucks and trailers.
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How much you can borrow
Depending on your circumstances, you can borrow up to 100% of the purchase price of a new asset, with lending starting from $20,000. GST can be funded.
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Security
Your loan will be secured by the asset you're buying, or against your existing plant and equipment, if additional security is required. You'll have ownership and use of the asset while you're paying it off.
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Interest rates
Your interest rate will depend on the terms of your loan, the security you have to offer, and the circumstances of your business.
Your asset finance options
Term loans
- An easy, flexible way to finance new assets or consolidate your existing loans, with the option of fixed or variable interest rates.
- Payments can be structured to match the cashflow of your business.
KiwiLink
A pre-approved facility, ideal for businesses with multiple assets, or fleets where each asset is financed individually to meet the life expectancy of the asset.
KiwiPlus
- A revolving credit facility with a pre-approved limit so you can easily finance fleets and other business assets.
- Make monthly payments based on the outstanding balance.
- A revolving credit facility offers improved asset management for the purchase of new equipment for expansion, or for upgrading your fleet or plant.
Interest rates & fees
Interest rates are subject to change.
Application fee |
Charged when you apply for a new asset finance loan or an increase to your facility limit. Only applied if your application is approved.
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Drawdown fee |
Charged when an advance is made under your KiwiLink / KiwiPlus facility.
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Personal Property Securities Register (PPSR) fee |
This fee covers the cost to us of searching, managing, and registering a security interest on the Personal Property Securities Register.
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Restructure fee |
When you ask us to change our existing security or make a variation to an existing loan or facility. This can include:
Where we’re changing multiple existing loans, the fee applies per changed loan.
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Early repayment fee |
Charged when you repay your fixed‑rate loan early, make an additional payment, or repay an advance early (in part or in full). The fee varies based on applicable interest rates and the remaining term, and may be up to six months’ interest on the amount repaid. |
Default fee |
When any part of your asset finance loan or facility is in default, a default interest rate of 22% p.a. will apply to the amount outstanding. |
Apply for asset finance
Get in touch with us to talk through the asset finance options that might best suit your business.
Have a Xero or MYOB account?
If you're a director of a New Zealand registered company and use Xero or MYOB Business (Lite, Pro or AccountRight), you may be able to apply online and get a decision in minutes.
Apply nowTalk to a business banking specialist
Talk to one of our business banking specialists. They’ll let you know what you need to do and what your options are.
Talk to usOther borrowing options you may be interested in
Depositor protection
The Depositor Compensation Scheme (DCS) came into effect on 1 July 2025. Find out more.
Kiwibank's eligibility criteria, lending criteria, terms and conditions, and fees apply.