Avanti Finance is a long-established New Zealand non-bank lender (founded 1991) with a broader credit appetite than the major banks and a strong specialty in property-secured business lending. Independent editorial coverage.
Indicative repayment
Weekly
$1,254/week
Indicative only. Not a quote or offer of credit. Actual rates, fees, and repayments depend on the business profile and the lender's decision.
Sending to Prospa
5 years at 11.00%. Prospa will ask a few quick questions, then provide a firm quote and funding if eligible.
Redirecting…
Indicative only. Why we say this
Quick answer
Lender overview
Avanti Finance is a New Zealand non-bank lender founded in 1991 and headquartered in Auckland, with a broker-led distribution model and a direct online application path. The business operates across consumer lending, vehicle finance, residential mortgages, and commercial business lending, and is registered on the Financial Service Providers Register.
On the business side, the strongest segments are property-secured commercial loans (where security can be commercial or residential property) and a broader-appetite term-loan and asset-finance offering for NZ SMEs. The lending is positioned as an alternative for borrowers whose profile places them outside major-bank credit policy, but where there is real equity in property or business assets.
The competitive position is built on appetite and structure flexibility, not on the cheapest indicative rate. Pricing consistently sits below the alternative-lender unsecured tier because Avanti commonly secures the lending; pricing also typically sits above the major-bank tier, which is the trade-off for the broader appetite.
Founded
1991, NZ
Specialty
Property-secured
Channel
Broker and direct
Type
NZ non-bank lender
Product range
Secured against commercial property (and in some cases residential investment property), used for purchase, refinance, equity release, and short-term commercial property bridging. Term commonly up to 30 years; LVRs commonly up to 70%.
Term loan for NZ SMEs across general business purposes (working capital, expansion, acquisition). Commonly secured against property or business assets; unsecured at smaller amounts on profile.
Chattel mortgage and other secured structures for utes, vans, light commercial vehicles, machinery. Distribution largely via brokers and motor dealers.
Short-term commercial bridging for property settlements, refinance windows, time-sensitive working-capital scenarios. Higher pricing; structured on a clear exit.
Indicative pricing
| Product | Indicative rate band | Common term | Security |
|---|---|---|---|
| Commercial property loan | 8% to 12% p.a. indicative | 1 to 30 years | Commercial or residential property |
| Avanti Business Loan (secured) | 10% to 15% p.a. indicative | 1 to 7 years | Property, GSA, or asset |
| Avanti Business Loan (unsecured) | 13% to 19% p.a. indicative | 1 to 5 years | Director PG |
| Vehicle and asset finance | 9% to 14% p.a. indicative | 1 to 5 years | The asset |
| Short-term commercial bridging | 12% to 18% p.a. indicative | 3 to 24 months | Property |
How it works
01
Day 1 to 3
A NZ finance broker (or borrower direct) submits the application brief covering borrower entity, NZBN, directors, loan amount and purpose, security on offer, recent financials. Indicative terms returned within 1 to 3 business days.
02
Day 3 to 14
Last 12 months trading financials, business bank statements, current debt schedule, registered company extract, supporting tax records. Property valuation commissioned where applicable.
03
Day 10 to 21
On approval, formal letter of offer issued. Borrower's solicitor instruction follows for property-secured deals.
04
Day 14 to 30 typical
Mortgage or PPSR registration completed at settlement. Funds drawn to solicitor or supplier.
Where it fits
Editorial-only disclosure
Businessloans.org.nz is not affiliated with Avanti Finance, has no commercial relationship with Avanti as at the last reviewed date, and earns no referral revenue from links to Avanti's website. Our calculator referral path is to Prospa, disclosed at /partner/. Indicative content only.
References
Primary product range and product positioning reference.
Verification of NZ FSPR registration for Avanti Finance.
FMA licence regime under which Avanti operates registered scheme manager activities.
Confirms Avanti is not a registered NZ bank.
Public corporate registry record.
FAQ
No, Avanti Finance is not a registered New Zealand bank and is not supervised by the Reserve Bank of NZ. Avanti is a NZ-headquartered non-bank lender founded in 1991, registered on the Financial Service Providers Register, and licensed by the Financial Markets Authority for its registered scheme manager activities (related to its securitised funding programmes).
Avanti's business range covers commercial property loans (against commercial or residential property security), the Avanti Business Loan (a general-purpose term loan, secured or unsecured), vehicle and asset finance via broker and dealer distribution, and short-term commercial bridging.
Avanti commercial property loans commonly run from $250,000 into multi-million dollar amounts depending on security and serviceability. Business term loans commonly cover $50,000 to $1 million plus. Asset finance commonly covers $10,000 upwards.
Avanti prices to the credit profile and security position rather than a single advertised rate. Indicative bands observed in the NZ market run roughly 8% to 12% p.a. for commercial property loans, 10% to 19% p.a. for general business term loans, and 9% to 14% p.a. for asset finance.
Avanti commercial property applications commonly run 1 to 3 weeks from initial broker submission to settlement, depending on valuation timeline and solicitor instruction. Smaller asset-finance applications can settle inside 2 to 5 business days.
Yes, that is a core part of Avanti's positioning. The lender has a broader credit appetite than the four major banks and is regularly used for borrowers whose profile sits outside major-bank credit policy, but whose security position supports the lending.
In some structures, yes. Avanti can take security over a residential investment property (sometimes also an owner-occupied home, depending on structure and purpose) to support a business loan. The structure has implications under the CCCFA where personal use is involved.
Interest on an Avanti business loan used wholly for business purposes is generally deductible against business income for NZ tax purposes, subject to the accountant's confirmation on the specific business position.
Major banks (ANZ, ASB, BNZ, Westpac) typically price below Avanti on commercial property lending and have stricter serviceability tests. Avanti typically prices higher in exchange for a broader credit appetite and a faster timeline once the security position is clear.
No, a direct online application path is available, but a large share of Avanti business volume arrives via NZ finance brokers. A broker can be useful where the application has structuring complexity.
On default, Avanti's remedy depends on the security structure. On property-secured loans, Avanti can enforce against the registered mortgage. On GSA-secured loans, Avanti can enforce against business assets via the registered PPSR security interest. On unsecured business loans the lender pursues the director personal guarantee.
Avanti is registered on the Financial Service Providers Register (FSPR), is a member of an external dispute resolution scheme, and is licensed by the Financial Markets Authority as a manager of registered schemes for its securitisation programmes.
Related
Commercial property loan
Avanti's strongest product family.
Read onSecured business loan
The category Avanti's property and asset-secured business loans sit inside.
Read onHeartland Bank
A NZ-bank-registered alternative for SME borrowers comparing non-bank vs bank options.
Read onBuilder loans
Avanti routinely funds NZ builders with non-conforming or thinner-trading-history profiles.
Read onMotel and accommodation loans
Avanti is a common non-bank for motel acquisitions outside major-bank credit criteria.
Read onDisclaimer
A business loan is a commitment that runs for months or years, and repayments come out of the same operating cash flow as everything else. Before committing, it is worth modelling the weekly and monthly cost against the business's working-capital position, which is what this site is built to help with. Borrowing at a level that stays comfortable through a quiet quarter, not just a strong one, is widely regarded as the safer frame.
What this site is
A calculator and information tool. Not a lender, not a broker, not a registered financial adviser. Nothing here is personalised financial advice.
What the figures show
Modelled estimates based on the inputs you enter. Not a quote. Not an offer of credit. Not a guarantee of approval, rate, or fees.
What the lender decides
Final rates, fees, and approval are set by the lender after a CCCFA-appropriate assessment of the applicant's circumstances and credit decision.
Commercial disclosure
Businessloans.org.nz earns a commission from Prospa when a visitor applies through this site and their application is approved. The commission is paid by Prospa, not by the borrower, and it does not influence the rate Prospa offers. Full disclosure on the partner page.
Tax, GST, and accountant framing
Tax-treatment statements (GST claim timing, interest deductibility, depreciation rates) are general in nature and subject to your accountant's confirmation on the specific business position. For material amounts, professional advice from a registered financial adviser or chartered accountant is widely regarded as the safer frame.
