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Industry finance

Asset finance for NZ farms.

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Quick answer

Farm asset finance in New Zealand funds tractors, implements, milking systems, irrigation, ATVs and side-by-sides, farm utes, sheds and storage. NZ farm lenders are used to seasonal cash flow and can structure repayments to match — annual, semi-annual or step-down schedules are common. Most farm finance is hire purchase or chattel mortgage with terms 36–84 months. Specialist NZ non-bank lenders (UDC, Heartland) and OEM finance (John Deere Financial) compete with the rural banks (BNZ Rural, ANZ Agribusiness, Rabobank). Indicative rates from ~7.6% p.a.

What we finance

  • Tractors (John Deere, Case IH, New Holland, Kubota, Massey Ferguson)
  • Implements (cultivators, mowers, balers, drills, sprayers)
  • Milking systems and dairy plant
  • Irrigation (pivots, K-line, drip)
  • ATVs, side-by-sides (Polaris, Honda, Can-Am, John Deere)
  • Farm utes, trucks, sheds, fencing equipment

At a glance

Typical structureHire purchase or chattel mortgage; seasonal payment schedules available
Indicative rateFrom ~7.6% p.a. (new, prime borrower)
Typical term36–84 months matched to asset useful life
Typical max financeUp to 100% on new from a recognised dealer; 80–90% on used

Indicative only. Actual offers depend on lender credit assessment, the asset, deposit and your business profile. All applications subject to lender credit approval.

Lenders we typically match

UDC Finance
Heartland Bank

Subject to each lender's credit assessment. Not all lenders quote on every enquiry.

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Related

Frequently asked questions

Yes — most NZ rural asset finance lenders offer seasonal repayment schedules (annual or semi-annual lump sums aligned to dairy payouts, harvest or stock sales). UDC, Heartland and the rural banks all do this regularly. Specify your seasonality in the application.