Business Owners
We understand business and we want the best for yours. Our flexible asset finance plans range from 12 – 84 months and are available for new and pre-owned equipment. Talk to a decision maker today to discuss the best asset finance plan for you.
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Partners Finance Lease
Lease agreement against a single asset with a known residual from day one
Features
- Terms from 12-84 months
- Security is solely against the asset being leased
- Varying residual values available resulting in reduced monthly payments
- GST neutral – paid and claimed monthly
- For new or used assets
- Low documentation fee
- Fixed interest rate and monthly repayments
Benefits
- New line of credit – preserves existing banking facilities
- Residual value can more truly reflect asset’s useful life
- Structure can match income to payments
- No unexpected GST surprise in month three
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Conditional Purchase Agreement (Hire Purchase)
Features
- Simple way of financing a new asset
- Terms from 12-84 months
- No requirement for bank approval
- Security is over the asset being purchased
- Fixed interest rate and monthly repayments
- Low documentation fee
- Low and no deposit available
- Repayments tailored to suit client circumstances
Benefits
- Use cash more productively in other areas of your business
- Maintain your existing banking lines
- Builds equity in the asset
- Fixed monthly repayments simplify budgeting
- Sell asset without having to re-document other facilities
- No costly legal fees required
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Term Loan
A loan secured against existing or newly acquired assets
Features
- Terms of 12-84 months
- Fixed term, fixed interest rate
- Repayments structured to meet your cash flow
- Fixed interest rate and monthly repayments
- Low documentation fee
Benefits
- A new line of funding separate from your banking facilities
- Fixed interest rate and fixed term provide certainty for outgoings/cash flow
- Use capital more productively elsewhere in the business
- Useful when importing fixed assets
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Operating Lease
Use of an asset over an agreed term for a fixed monthly payment
Features
- Fixed operating cost
- For new and used assets
- Fixed interest rate and monthly repayments
- Low documentation fee
Benefits
- Reduces risks associated with ownership
- Less administration
- Maintains existing banking facilities
- No impact on the balance sheet
- Reduces risk of ownership
- No impact on capital expenditure budgets
- Cashflow certainty
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Working Capital
A loan secured against existing plant / equipment / motor vehicles to enable funds to be used elsewhere in the business
Features
- Terms of 12-84 months
- Fixed interest rate and monthly repayments
- Low documentation fee
Benefits
- Frees up cash tied up in your assets for more productive use elsewhere
- Allows you to maintain existing banking lines
- Can provide for better terms of trade with suppliers
Features & Benefits
What our clients say
Phil Harris
CFO - Waimea Contract Carriers
"We have dealt with Partners Finance & Lease since 2003 as an alternative to our core bank finance. We find them more flexible, approachable and capable, and have always been supportive throughout the inevitable highs and lows."
Michael Esposito
MD - Christchurch Attractions
"Having known Francis for more than 20 years and Partners Finance & Lease since its inception, I can always rely on the team to provide out of the square solutions that are tailored to our needs. They are easy to deal with and always provide a positive approach to business. I thank the team for their dedication to date and look forward to a continued relationship."
John Townshend
Chairman of Directors Texco Group
"Francis and Partners Finance & Lease have always treated our requests with efficiency and honest advice. Availability of finance for plant and equipment is crucial to Texco’s future as contractors. The team provides a vital link in the process of turning money into machines. We are very happy to endorse their growth and thank them for the association to date.”
Pat Lagan
Director of Adams & Currie Ltd
“We use Partners Finance & Lease for all our own vehicles as well as a first point of contact for customers wanting finance and leasing. The staff are extremely friendly and go out of their way to provide excellent service. I have no hesitation in recommending Partners Finance & Lease.”
Meet our board: Francis Fitzgerald
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