If you need to buy large assets, like vehicles, commercial trucks and trailers or plant and machinery, we've got asset loan options to suit. This is investing in your business.
Key features & benefits
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Loans secured against the asset you're purchasing, i.e. a truck or a digger, or against existing plant and equipment if additional security is needed
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Tailored repayments to suit your circumstances and cashflow, with flexible repayment terms from 12 months to five years
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Options for fixed and variable loans
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Simple, quick, decisive service at competitive interest rates
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You'll have ownership and use of the asset while you're paying it off
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Facilities to manage fleet and multiple asset requirements.
About Kiwibank Asset Finance
We're passionate about getting to know your business and working with you to achieve your goals and aspirations. Kiwibank’s Asset Finance operates under Kiwi Asset Finance Limited, a wholly-owned subsidiary of Kiwibank. Its operations were integrated into Kiwibank in 2020, to provide greater options for meeting customers’ business banking needs.
Your asset finance options
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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.
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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.
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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.
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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Interest rates
The interest rate you'll pay will depend on the terms of your loan, the security you have to offer, and the circumstances of your business.
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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.
Talk to us
Get in touch with us to talk through the asset finance options that might best suit your business.
Find a business banking specialist
Find a business banking specialist in your area. Request a call back or call them directly.
Find a business bankerCall us
Call our business banking team on 0800 601 601, or +64 4 803 1646 if you’re calling from overseas.
We're available Monday – Friday, 8am to 5pm.
Other borrowing options you may be interested in
Kiwi Asset Finance Limited's lending criteria, terms and conditions, and fees apply.