P · 03 · Belmont Financial Services Ltd · New Zealand

Secured asset finance for plant, equipment, and commercial vehicles.

Belmont arranges asset finance through a panel of commercial lenders. Chattel mortgage, lease, and operating lease structures for business plant, equipment, and commercial vehicles. Decisioned within 1 – 3 business days.

Rates from

10.95% p.a.

Amount

$10k – $500k

Term

12 – 60months

Decision, median

1 – 3days

The broker's work

Structure matters. Belmont places the asset with the lender whose security and cash-flow profile fit the business.

Belmont does not lend on its own balance sheet. Commercial placements are matched to the lender on our panel whose asset classes, residuals, and documentation standards fit the deal best.

Choice of structure — chattel mortgage, finance lease, or operating lease — is driven by GST treatment, depreciation strategy, and whether the business wants the asset on balance sheet at term end.

Rate bands, asset finance

Tier	Rate	Terms	Notes
Plant & equipment	10.95 – 13.95%	12 – 60 mo	Chattel mortgage standard
Commercial vehicle	10.95 – 14.95%	12 – 60 mo	Chattel mortgage or lease
Yellow goods, earthmoving	11.95 – 16.95%	12 – 48 mo	Residual-sensitive
Technology & IT	11.95 – 17.95%	12 – 36 mo	Operating lease typical
Fit-out & soft assets	13.95 – 22.95%	12 – 36 mo	Security structure varies

Actual rate depends on lender assessment, business credit profile, asset class, deposit, and structure choice.

The questions Belmont reviews against. Lender-specific criteria apply in addition.

Entity	Registered NZ company, sole trader, or partnership. Trading history of 12+ months preferred; start-ups considered with director support.
Financials	Two years of business financials for placements above $100k. Management accounts accepted below that, with bank statements.
Directors	Personal guarantees typical from majority directors. Clean personal credit strengthens submission.
Asset class	Documented supplier quote, asset specifications, and (for used assets) valuation or recent comparable.
Deposit / residual	Not required on clean chattel placements. Lease structures use residuals in place of deposit.
GST status	GST-registered borrowers typically favour chattel mortgage for upfront GST claim. Lease may suit if cash-flow smoothing is the priority.

Accredited asset lenders

Belmont holds accreditation with commercial banks and specialist asset lenders. Specific lender identities are disclosed at point of placement.

Lender A

Lender B

Lender C

Lender D

Lender E

Lender F

Lender G

Lender H

The questions that matter, answered directly.

How do fees work?

Standard chattel placements: no up-front charges. Belmont's brokerage and the placing lender's establishment, PPSR, and ongoing fees are itemised on the loan contract before signing, then drawn from the facility at settlement. Complex commercial placements may attract a broker engagement fee, disclosed in writing before any work begins.

How long does settlement take?

Asset finance is typically decisioned within 1 – 3 business days. Settlement follows supplier documentation and Belmont's internal verification of asset and entity.

Chattel mortgage or lease — which fits?

Chattel mortgage suits businesses claiming GST upfront and depreciating the asset. Lease suits cash-flow-sensitive placements or where the residual matters more than ownership. Belmont walks through both on the call.

Can the loan be repaid early?

Yes. Chattel and lease structures differ on break cost. Belmont prefers lenders with transparent early-termination terms, disclosed before signing.

Start an asset finance application.

No hard credit pull until you authorise a specific lender submission.

Start an application See indicative rates