MTF Finance

MTF Finance, a local New Zealand finance company since 1970

Motor Trade Finance Limited, known commercially as MTF Finance, is a New Zealand finance company that has been operating since 1970. Its origins trace back to a group of South Island vehicle dealers who sought to offer customers an alternative way to access finance while keeping relationships and decision-making local. That approach grew into a nationwide company.

The company presents itself as a specialist in local lending and notes that its finance experts assess each case individually, without fitting the customer into a predefined profile. Support can be provided at a local office, at an MTF Finance-approved dealership, by phone, or wherever is most convenient for the applicant, including at the farm gate or around the kitchen table.

Finance products

MTF Finance's offering is organised into four main lines:

• Vehicle finance: loans for buying a car, with the option to get the vehicle and the loan together.
• Business lending: finance for investing in equipment or other business needs.
• Personal loans: for purposes such as renovations, debt consolidation, travel, motorbikes, boats, or caravans.
• Mortgage advice: support for both refinancing an existing mortgage and buying a home.

Tools and application process

The website offers a loan calculator that lets you estimate the amount to borrow, the term, and the repayment frequency (weekly, fortnightly, or monthly). The company states that you can explore options and start an application with no impact on your credit score. MTF Finance's local team reviews the application and provides a swift decision.

Available tools also include the ability to ask questions, get matched with a local expert, and apply for a loan online.

Office network and franchise model

MTF Finance has more than 400 employees across its national office and 55 locally owned and operated offices. The company offers two partnership paths: opening your own franchise, backed by an established New Zealand brand and an experienced national network, and becoming an approved dealer to offer vehicle finance through your own dealership. For those looking to operate under another structure, it mentions a recourse model and a non-recourse facility.

Corporate profile and customer support

The company publishes information for shareholders and investors, including its most recent annual report. Its leadership team is presented on the site. For support, it has a customer support team and a formal complaints process; if a complaint is not resolved internally, the customer can contact the Insurance & Financial Services Ombudsman (IFSO).

MTF Finance also maintains a trust centre with documentation on application terms, privacy, interest rates and fees, responsible lending disclosure, mortgage disclosure, and motor vehicle register privacy, as well as resources such as blogs, news, and insurance.