Finance New Zealand

04/02/2025

As we return from our summer break and wave goodbye to the kids returning to school, there are some positive economic influences in our economic environment to look forward to. Let's take a look at what's on the economic radar for 2025. More here:
👉 https://financenz.co.nz/news/business-finance-positive-economic-influences-are-emerging

28/01/2025

Check out Maveric Pumping's new truck & pump! Supplied by PS Equipment ltd, this unit will be of great value to Maveric pumping who will operate in and around the Wairarapa area. Our asset finance expert in this industry - Patrick Leask worked with Maverick Pumping Ltd to facilitate this finance solution. Do you have an exciting asset or project lined up for this year? Get in touch with our finance experts to learn how we can help you achieve your goals.

Just picked up the new weapon, thanks heaps PS equipment and Patrick from finance NZ for helping make this happen.

23/01/2025

In the current economic climate, many businesses have held off on investing in new business assets. It is however important to maintain a competitive advantage and improve efficiency, productivity, safety, sustainability, and quality. This is where asset finance comes in. Asset finance can help you acquire business assets by preserving cash flow by spreading upgrade costs over time. More here: 👉 https://tinyurl.com/5y869ykt

16/01/2025

Concrete Pumping Equipment NZ (CPENZ) is the agent for Putzmeister Concrete and Mortar Pumps, Sany Concrete Machinery, Aliva Shotcrete Equipment, Baron Mixers & Conveyors. They provide the highest quality sales, service and technical support in the country and strive to keep their reputation as the best. are long-term clients of our Lower North Island Adviser Patrick Leask. Read how Pat has helped CPENZ grow with asset finance solutions for their business. 👉 https://financenz.co.nz/case-studies/concrete-pumping-equipment-new-zealand

13/01/2025

Our team is rested, refreshed and ready to bat for your business this year. With emerging positive influences in our economic environment, we are excited for the year ahead. No matter how big or small your finance needs are, we’re looking forward to hearing about your business goals for 2025 and working as your dedicated finance partner to make 2025 a successful innings!

17/12/2024

While we haven't signed off yet, we would like to wish our funding partners, clients, and network a happy & relaxing Christmas. With our dedicated associate team, hardworking advisers and the support of our valued funding partners, we have pushed harder than ever to deliver results for our clients this year. If you have enquiries over the Christmas and New Year period, please do not hesitate to contact your local adviser or our support team at [email protected] or 09 222 0320. From our team to yours, Merry Christmas!

15/12/2024

When our client required more financial efficiency for their trade plumbing business, we delivered a solution that reduced fixed debt repayment outgoings by half and reduced their interest rate by approximately 1.5%. If you'd like to learn more about how we achieved this solution or review your business funding structure for 2025, contact your local Finance New Zealand adviser today.

12/12/2024

Ray & Lou Beale of R&L Beale Log Transport Ltd bought this self-loader at auction in November for a bargain price. Alan Rigby, their Hawkes Bay adviser, assisted the Beales with a truck finance solution. This 2019 MAN has only covered 85,000 km, and the Beale color scheme makes it look like brand new. Ray will operate this unit to serve his many Hawkes Bay customers. Merry Christmas to the Beales!

11/12/2024

During the busy Christmas season, it's easy to miss the true spirit of Christmas. We would like to recognise two organisations that have associations with members of our team. Both groups do amazing things for our communities and we want to say thanks. Which charity would you like to see receive a donation from us? Cast your vote here: 👉https://lnkd.in/gfQPkb5T

09/12/2024

No matter what kind of vehicle or boat you have your eye on this Christmas, our team of experts can obtain finance approval for your new toy. More here 👉 https://financenz.co.nz/news/funding-for-toys-too-big-to-fit-under-the-tree

05/12/2024

Our team recognises that not all businesses get a break during the holiday season. If you need to pre-empt lumpy cashflow over the festive season or need funds to purchase extra stock for the summer rush, a cash top-up for overhaul maintenance, wages, or creditor accounts ahead of the statutory holidays, we can match you with a working capital provider to suit your individual circumstances. Contact your local Finance New Zealand adviser or apply online today. https://financenz.co.nz/news/boost-your-cashflow-during-the-silly-season

We make it easier and faster to access flexible & efficient business finance.

04/12/2024

This Sumitomo SH350LFX-7 c/w & Waratah 627HX Processing Head was an exciting delivery for Tony Curle & Hayley Koop of CK Harvesters. Andrew Partington, our local adviser and forestry expert, worked with Tony & Hayley to deliver a solution from one of our specialist asset finance partners to get this machine ready for work. CK Harvesters have a contract with Summit Northern Plantation who are one of the largest forestry businesses in New Zealand. This replacement machine will be an invaluable asset for CK Harvesters to increase efficiency on the ground. It has been a great pleasure to assist Tony and Hayley with this purchase, and we wish them all the best with their new machine!

02/12/2024

We love nothing more than helping our clients realise capital for business growth and receiving positive feedback is the cherry on top. Read on to find out how we helped small business - Dunedin Sheet metals with a machinery finance solution for their newly installed Press-brake & Guillotine to expand their business and offer a wider range of services. https://financenz.co.nz/case-studies/manufacturing-finance-for-business-growth

28/11/2024

When Hawkes Bay business Austin Transport wanted to expand their fleet, they engaged local asset finance expert Oliver McGuigan to assist. Ollie delivered a flexible and efficient truck finance solution through one of our main bank funding partners to get this new unit on the road. In addition to Ollie's truck finance solution, Ollie worked with a local commercial banking team to provide a wider business finance structure that met the client’s wider bank needs.

27/11/2024

In line with local economists' expectations, the Official Cash Rate has been reduced from 4.75% to 4.25% today. Find out what this means for business borrowers in our latest news article: More here: 👉https://financenz.co.nz/news/what-does-today-s-ocr-drop-mean-for-business-borrowers

21/11/2024

During the September quarter, the National Road Carriers Association's (NRC) cost index tool found mixed cost pressure for the road transport industry, with diesel prices falling but labour, tyres, and vehicle parts prices rising. Interest rate relief kept transport costs subdued for the period. Many in the industry will be glad to see the positive effect of these lower debt-serving costs on cashflow. A further OCR announcement is scheduled for next week, so we will watchcarefully to see how any potential rate adjustments will affect business rates. A reduction in OCR is expected, and this will likely lead to reductions in floating and short term interest rates. However, longer term interest rates that are frequently used for asset finance in the transport industry, are more impacted by international wholesale markets. These have risen over the last six weeks or so based on market expectations that the reduction in central bank interest rates, particularly in the USA, will not fall as far or as fast as was expected. More here:

Cost pressures for the road transport industry were mixed in the September quarter, with diesel prices down, while labour, tyres,

19/11/2024

When our client required finance to fund a $4m property purchase, we sourced the most suitable in-market offer. We provided two options for our client to choose from, one with an annual interest cost of $374,000 and the other with an annual interest cost of $262,000. During a two-year period, our client achieved an interest saving of approximately $275,000. To request an interest cost comparison for your property finance, talk to our team of experts today.

13/11/2024

Piha turned it on for our annual associates’ day out. Stunning spot, mint weather, and good company - a perfect day out of the office!