Assetfinance

Website: assetfinance.co.nz

Category: finance-insurance

City: Whakatane

Country: NZ

Employees: 10-19

About Assetfinance: Reviews

Pros

  • Specializes in asset financing tailored for SMEs
  • Offers flexible loan terms and repayment options
  • Focused customer service with personalized loan solutions

Cons

  • Limited employee size may restrict rapid scaling
  • No publicly listed social media presence for easy access
  • Service offering limited primarily to New Zealand market

Business Description

**What is Assetfinance?** Assetfinance is a lending company founded in 1997 and based in Whakatane, New Zealand. The company focuses on providing financing solutions for businesses and individuals to acquire physical assets such as equipment and vehicles. Serving primarily small to medium enterprises, Assetfinance supports business growth by offering loans tailored to client needs. The company was acquired by Blackstar Capital in 2018, operating with a small dedicated team. **How does it work?** Assetfinance offers a range of loan products designed to finance the purchase of tangible assets without burdening the borrower's cash flow. Customers can apply for loans that are customized based on the asset type and the business requirements. The company evaluates loan applications and structures repayments to provide flexible funding options. This approach enables clients to invest in resources essential for their operations while managing financial liabilities responsibly. **Products and services** Assetfinance provides diversified lending services including asset finance loans targeting vehicles, equipment, and machinery acquisitions. Its services are aimed at small to medium-sized businesses that need capital to secure operational assets. The company offers tailored loan agreements that may vary in terms, rates, and repayment schedules depending on the asset and the borrower's profile. Assetfinance works directly with clients to facilitate the funding process and support business financing needs.

loansasset-financingequipment-loansvehicle-financingbusiness-loansfunding-optionsflexible-loans

Business activity: Assetfinance

Response rate: 0%

Frequently Asked Questions about Assetfinance

Are the fees with Assetfinance really that high?

Yeah, a lot of users have mentioned that the fees can be pretty steep, with some even calling them obscene. It's definitely something to consider if you’re looking to take out a loan with them.

Is Assetfinance reliable or could it be a scam?

Some folks have raised concerns about the reliability of Assetfinance, warning others to be cautious. While not everyone thinks it’s a scam, it’s good to read reviews and do your homework before committing.

How is the customer service at Assetfinance?

Honestly, many users have reported issues with customer service, mentioning poor communication and slow responses. If you do go with them, you might want to keep your expectations in check.

What types of assets can I finance with Assetfinance?

They mainly focus on vehicles, equipment, and machinery, which is great for small to medium businesses looking to acquire specific assets. Just make sure to check if your intended purchase fits into what they finance.

Do loan terms and rates vary with Assetfinance?

Yes, loan terms, rates, and repayment schedules can vary quite a bit depending on the asset and your profile. It's best to discuss the specifics directly with them to see what works for you.

Has anyone had issues with transparency from Assetfinance?

For sure, a number of people have expressed concerns about transparency in the loan process, saying they didn’t feel fully informed. It’s definitely something to be aware of if you’re considering their services.