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Equipment Financing NZ

Easy Equipment Finance For Businesses

Let’s start by putting you in the driver’s seat of any equipment purchase. Once you’re pre-approved for equipment financing, you can negotiate as a cash buyer because, let’s face it, most salespeople are lazy. They will give you an exceptional deal in return for an easy transaction. Alternate Finance specialises in equipment finance NZ-wide and likes to partner with businesses to assist in your long-term growth strategy. Having a finance partner that’s easy to work with is worth its weight in gold.

As part of our business loans, we offer agricultural machinery finance, office furniture loans, industrial equipment loans, farm equipment loans, auto financing and more.

Equipment Loans NZ
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Get financing for equipment and agricultural machinery from Alternate Finance with the freedom of loan repayments spread over 36 months, unless arranged otherwise. You’ll receive an email with an annual interest rate ranging between 13.95% & 26.98% p.a. for your business asset loans.

For further details, including our equipment financing loan default interest rate, please view our rates and fees here.

If you want to finance equipment from Alternate, it’s important that you understand our terms of trade in detail. We are responsible lenders and want you to know the conditions. When making an application for your equipment loans, you’re granting Alternate Finance Limited permissions to store your sensitive information. Our company will endeavour to keep all information on the Alternate Finance website accurate and up to date, relating to your loan for business investment. If you find an error, and if brought to our attention in writing, we will rectify it within a reasonable timeframe. For more information relating to the terms of your asset financing, please view this page.

Your details are data protected when applying for an Asset loan, as we have end-to-end encryption on all of our webforms. All loan information you provide will be treated confidentially and you can have confidence that your loan application will remain secure.

Get financing for equipment and agricultural machinery from Alternate Finance with the freedom of loan repayments spread over 36 months, unless arranged otherwise. You’ll receive an email with an annual interest rate ranging between 13.95% & 26.98% p.a. for your business asset loans.

For further details, including our equipment financing loan default interest rate, please view our rates and fees here.

If you want to finance equipment from Alternate, it’s important that you understand our terms of trade in detail. We are responsible lenders and want you to know the conditions. When making an application for your equipment loans, you’re granting Alternate Finance Limited permissions to store your sensitive information. Our company will endeavour to keep all information on the Alternate Finance website accurate and up to date, relating to your loan for business investment. If you find an error, and if brought to our attention in writing, we will rectify it within a reasonable timeframe. For more information relating to the terms of your asset financing, please view this page.

Your details are data protected when applying for an Asset loan, as we have end-to-end encryption on all of our webforms. All loan information you provide will be treated confidentially and you can have confidence that your loan application will remain secure.

Did You Know?

It's Easy With Alternate

It's Easy With Alternate

Existing business customers can call us at any time and get a verbal indication of what they can borrow borrow. We make it easy to finance equipment that will help your productivity.

If You Stretch Yourself

If You Stretch Yourself

Cash flow is key to any business, so if you find yourself in a tough period and assuming you communicate with us proactively, we'll figure something out to help. We're your partner and want to see you grow sustainably with manageable equipment and machinery finance options.

We Like To Finance Assets

We Like To Finance Assets

Asset finance is another word for equipment financing or machinery finance. Alternate likes to lend on tangible assets that help your business become more efficient and profitable. From our point of view, it's low risk.

Deferred Payments

Deferred Payments

Business owners are often lured into the trap of deferred payments when entering an equipment finance agreement. What this means is that if you agree to finance a photocopier, they might say we'll defer payments for three months, allowing a short term cash flow boost. The problem with deferred payments in equipment finance NZ-wide is that Kiwi business owners don't realise that during the deferral, they're accruing interest which is substantially changing the cost of the finance. It's a trap, it means you'll pay far more in the long run, and if you really need the cash flow relief, you probably shouldn't be buying the equipment just yet. NZ laws really should tighten up and make the lenders and salespeople of companies that offer these traps accountable, but until then, keep things simple, keep your equipment finance agreements separate from your suppliers, so you have more control, and if it seems too good to be true, run a mile.

Don't Borrow from your Suppliers

Don't Borrow from your Suppliers

Borrowing from your suppliers can muddy the waters. If you ever get yourself into a cash flow crisis, they may stop your consumable supplies, meaning that you can't operate. Instead, Alternate helps you work through it and may restructure the repayments of your equipment or machinery finance.

Negotiate Cash Discounts

Negotiate Cash Discounts

You can sell your equipment at any time, provided you settle the term with us first. We'll hold security over the equipment until it's settled, but if you need to free up cash flow, or swap to new technology and you'd like to exit your equipment finance agreement, we'll try and make it easy for you. Equipment and machinery finance puts you in control of negotiating purchasing decisions.

You Can Sell Your Equipment

You Can Sell Your Equipment

Any supplier that thinks you are cashed-up is likely to give you a better deal. They'll sense that you may be able to buy more units in the future, and they want to retain your loyalty. It's smart to get pre-approved on any machinery finance you may need, so you have control from the start.

Equipment Financing & Balloon Payments.

Equipment Financing & Balloon Payments.

Agreements for equipment Finance NZ-wide often refer to balloon payments. Balloon payments are when you finance a car with an agreed residual value at the end of the term. You make a deposit, pay off the difference between the sale price and the residual value, and often, you'll have your car valued for more at the end of the term. This means you then use that value to roll into your next agreement, so you're paying less for the next vehicle. It works for cash flow, reduces interest and makes an easy transition into a new car. You can't always get this when financing equipment or machinery, but you can create similar conditions if you research the items second hand resale value. Agree with the supplier to upgrade in four years if they put a residual value in writing. Just keep the finance separate from the supplier, so you have full control. Choose Alternate as your equipment financing partner.

Should you have any questions, please feel free to contact our friendly team or view our Frequently Asked Questions.