Commercial Business Equipment Finance & Leasing in New Zealand

Can I finance used equipment?

Yes. Many quality used assets can be financed, subject to the age, condition and suitability of the equipment, together with the lending criteria of the selected funding partner. If you're considering purchasing used equipment, contact eLeasing and we'll advise whether it is likely to be suitable.

Is a deposit required?

Generally No. Many equipment finance and leasing solutions are available with little or no deposit, subject to credit approval. In some circumstances, contributing a deposit may reduce your repayments or assist with approval.

Can I finance imported equipment?

Yes. Imported equipment can often be financed, although the structure of the transaction may depend on factors such as the supplier, payment terms, shipping arrangements and whether the equipment is new or used.

Can I finance multiple items together?

Yes. Multiple items purchased from the same supplier can usually be included in one finance agreement. In some situations, equipment from different suppliers may also be combined into a single finance solution.

How long does approval usually take?

Approval times vary depending on the size and complexity of the application, together with the information provided. Many straightforward commercial applications can be assessed quickly same day or 24 hours once all required information has been received.

Can I finance commercial vehicles?

Yes. Commercial vehicles including cars, utes, vans, trucks, trailers and many other business vehicles can often be financed through eLeasing.

Can schools and education providers obtain equipment finance?

Yes. eLeasing assists schools, early childhood centres, universities, polytechnics, training providers and other education organisations with finance and leasing solutions for a wide range of educational equipment.

Can charities and not-for-profit organisations obtain finance?

Yes. Subject to normal lending criteria, many charities, incorporated societies and not-for-profit organisations can obtain equipment finance or leasing for qualifying assets.

Can I repay my finance early?

Many finance agreements allow early settlement, although settlement amounts and any applicable fees vary depending on the finance structure and funding partner. We can explain the available options before you proceed.

What information will I need to provide?

The information required depends on the transaction. Typically, this may include details about your business or organisation, the equipment being purchased and, where applicable, financial information. We will guide you through the process and advise exactly what is required.

What industries does eLeasing work with?

We assist businesses and organisations across a wide range of industries including construction, transport, manufacturing, agriculture, healthcare, dental, veterinary, hospitality, fitness, retail, education, professional services, government, local government, charities and many others.

Can software be included with equipment?

In many cases, software that forms part of the equipment purchase may also be included within the finance arrangement. This depends on the type of software and the funding partner's criteria.

Can seasonal repayments be arranged?

In some situations, repayment structures can be tailored to suit seasonal cash flow requirements, particularly where businesses experience predictable seasonal income patterns.

Can GST be financed?

Finance structures vary depending on the transaction and funding partner. We can discuss the available options and explain how GST is generally treated before your finance is arranged.

Can I obtain finance before choosing my equipment?

Yes. In many cases, we can discuss your likely finance options before you've selected the final equipment. This can provide confidence when negotiating with suppliers.

What is the minimum finance amount?

Minimum finance amounts vary between funding partners and finance products. Contact us with the details of your proposed purchase and we'll advise whether the transaction is likely to be suitable.

What is the maximum finance amount?

eLeasing has arranged finance for transactions ranging from relatively modest equipment purchases through to substantial commercial investments. The maximum amount available depends on factors including the applicant, equipment and funding partner.

Can sole traders apply?

Yes. Sole traders are welcome to apply for equipment finance or leasing, subject to normal lending criteria.

Can start-up businesses obtain equipment finance?

Yes. Start-up businesses may be able to obtain equipment finance, although additional information may be required depending on the circumstances and funding partner.

Can I finance equipment from any supplier?

In most cases, yes. We work with businesses purchasing equipment from suppliers throughout New Zealand and, in some circumstances, overseas suppliers.

What types of equipment can be financed?

A wide range of commercial equipment may be suitable for finance, including vehicles, construction equipment, manufacturing machinery, medical and dental equipment, IT equipment, office furniture, hospitality equipment, agricultural machinery, security systems, renewable energy systems and many other business assets.

Will obtaining finance affect my bank facilities?

One advantage of equipment finance is that it may allow businesses to preserve existing bank overdrafts and working capital facilities for day-to-day operations and future growth opportunities.

Why should I use eLeasing instead of going directly to one finance company?

eLeasing works with multiple funding partners and can help identify a finance or leasing solution that best suits your requirements. Rather than approaching individual lenders yourself, we guide you through the process and explain the available options, making the experience simpler and more efficient.

What happens after I submit an enquiry?

Once we receive your enquiry, we'll review your requirements, discuss your equipment purchase and recommend the most suitable next steps. Where appropriate, we'll guide you through the application process and keep you informed from application through to equipment delivery.

Do you only finance businesses?

No. While the majority of our clients are businesses, we also assist schools, universities, tertiary providers, government organisations, local authorities, charities, trusts, incorporated societies and other eligible organisations.

Are your online calculator repayments guaranteed?

The calculator is designed as a guide to assist with planning and comparison. Final repayments may vary depending on factors such as the equipment, finance structure, funding partner and the information provided during the application process.

How long are quotes valid?

Unless otherwise stated, quotes are generally valid for 14 days and remain subject to eLeasing and/or the selected funding partner's approval, together with standard terms and conditions, lending criteria and any changes in the underlying assumptions used to prepare the quote.