Business Finance

Kiwi Car Loans offers a range of finance solutions for when your business needs vehicle finance. From a new fleet to a company car, ask Kiwi Car Loans how we can help you save time and money. Offering Term Loan/hire purchase, Finance Lease or Credit Sale Agreement, browse through the options below for more information on which product may be suitable for you.

Term Loan - Hire Purchase

With a Term Loan you can finance the purchase of new assets or use the funds for other business purposes such as re-financing or consolidating existing loans. The asset purchased can be used to secure the term loan and/or you may choose to raise finance using the equity in your existing assets.

Term Loan Overview
• Your loan is secured by the asset being purchased and/or other assets the business owns
• You gain immediate use and ownership of the asset

Term Loan Features
• Repayments can be tailored to suit your circumstances, such as seasonal cash flow
• Funding may be available for up to 100% of purchase price
• Terms vary from 12 to 60 months
• No deposit required

Term Loan Benefits
• Flexible asset security and repayment arrangements
• Cash reserves can be used for other business purposes
• You have immediate use of the asset

Finance Lease

A Finance Lease is a way to finance vehicles, plant, office equipment, industrial tools or machinery with options available for tax deductions.

• Use an asset without the immediate risks associated with ownership
• Upgrade existing assets with the latest technology or superior models
• You get the equipment you need without having to make a lump sum payment
• 100% finance may be available
• GST is spread over the life of the lease*
• Terms vary from 12 to 60 months
• Cash reserves can be used for other business purposes
• Cash flow budgeting is simplified with repayments scheduled in advance
• Repayments and terms can be tailored to meet seasonal fluctuations in your cash flow
• The finance leased asset is used as security, leaving remaining assets free for other credit arrangements

Credit Sale Agreement

With Credit Sale Agreement you normally pay a deposit up front, with the balance repaid by way of regular instalments over an agreed term. You may use the asset immediately, with ownership passing to you at the end of the term once all instalments have been paid and the credit sale agreement is complete. The asset purchased is held as security, leaving your remaining assets free for other credit arrangements.

• Only security required is the asset being purchased
• Depreciation and interest on instalments may be tax deductible*
• Asset ownership passes to you once all instalments have been paid
• Repayments can be tailored to suit your circumstances, such as seasonal cash flow
• Terms vary from 12 to 60 months
• Asset purchased is held as security for the loan
• Interest rate is normally fixed for the term of the agreement

 


Save Time, Save Money, with Kiwi Car Loans!

 To find out just how easy Kiwi Car Loans can make obtaining your next loan, Apply Now, or obtain a no obligation 60 seconds finance quote or call us on 0800 008 888.

At Kiwi Car Loans, we’ll help get you behind the wheel.