Loan Criteria
All applications are to be completed by persons over 18 years age who are NZ Citizens or Permanent residents.
All applications are subject to credit assessment by Auckland Finance Ltd.
The information provided by applicants must be true and correct and will be incorporated into any loan agreement that may be entered into.
No information on this website is intended to constitute an offer to enter into any transaction by Auckland Finance Ltd. Parameters for loan terms are provided for discussion purposes only.
Auckland Finance Ltd accepts no liability in connection with your use of this website and the information contained on it.
Commercial Finance Criteria
Loans from $10,000 upwards for terms of 6 – 60 months.
Please complete the commercial application form and submit to us. We will call you back the same day to further discuss your requirements.
You will need to have:
• proven contract performance capabilities
• demonstrable cashflow to meet repayments
• good credit references
• recent financial statements
We would particularly like to help owner operators, contractors and small to medium size businesses. We will meet with you to discuss your needs and tailor a finance package that aligns with your cashflow. In most instances a commercial loan will need to be supported by the personal guarantee of the shareholders.
Interest Rates
The Interest Rate will depend on verification of your application details and assessment of the loan criteria. Commercial loans will need to be supported by personal guarantees from directors.
Current commercial loan interest rates range upwards from 10.9% p.a. plus establishment and documentation fees. The actual rate and fees will depend on the amount financed, term of loan and an evaluation of your credit profile.
Consumer Finance Criteria
Vehicle Loans from $10,000 – 40,000 for terms of 6 – 36 months.
Acceptable vehicle security needs to be provided for all personal loans
To be eligible to apply for a loan you will need to be:
• A NZ Citizen or Permanent Resident
• Over 18 years age
• Earning a regular income
• Able to show a good credit history with no recent loan defaults, or have a guarantor who has a proven credit history
Interest Rates
The Interest Rate will depend on verification of your application details and assessment of the loan criteria.
Current consumer loan interest rates range from 13.9% – 19.9% p.a. plus an application fee of $480.00. The actual rate will depend on amount finance, term of loan and an evaluation of your credit profile. An account maintenance fee is charged as part of the loan instalment for the maintenance service provided at the rate of $4.00 per month.
Loan Terms and Conditions
Full loan terms and conditions are contained in the standard consumer loan agreement and disclosure statement see link. A copy can be obtained free of charge from The Office of Auckland Finance at Unit 8, 237 Great South Road, Drury, Auckland 2113
The Application Form – which you can complete online here will provide us with the following important information to allow us to run a credit check:
1. The amount and purpose of loan
2. Who you are
3. Your personal details
4. Your consent to a credit check
Once you have completed the form and submitted to us we will respond to you promptly.
If your loan application is accepted you will need to provide confirmation of identification, address, income and account balances.