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Industry finance

Asset finance for NZ tradies.

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Quick answer

Trades asset finance funds the day-to-day kit a NZ tradie needs to run a business — utes and vans, tool packages, scaffolding, generators, compressors, ladders, hardware and small plant. Most trades finance is hire purchase or chattel mortgage on individual assets, with terms 36–60 months. Up to 100% finance is available for established businesses on new vehicles and tools from a recognised supplier, with conditional approval typically in 1–2 business days. Indicative rates from ~7.6% p.a. for prime borrowers.

What we finance

  • Trade utes and vans (Hilux, Ranger, Hiace, Transit)
  • Tool packages and kits (Milwaukee, DeWalt, Makita, Festool)
  • Scaffolding and ladders
  • Generators, compressors, welders
  • Trailers (general purpose, plant, tipping)
  • Workshop fit-out and benches

At a glance

Typical structureHire purchase or chattel mortgage on individual assets
Indicative rateFrom ~7.6% p.a. (new, prime borrower)
Typical term36–60 months
Typical max financeUp to 100% on new from a recognised dealer/supplier

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
Avanti Finance

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

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Tell us about the asset and your business — we'll match you to NZ lenders most likely to fund it.

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Related

Frequently asked questions

Yes — most NZ asset finance lenders fund sole traders and self-employed contractors. You typically need to be GST registered, have 12+ months trading history, and provide recent financials or bank statements. Newer businesses can still get approved with director guarantees and reasonable deposit.