UDC Finance have been providing finance to Kiwi businesses for purchasing vehicles and assets for over 85 years.  They are one of the largest finance companies operating in New Zealand and are also New Zealand’s largest non-bank lending institution.

UDC has extensive experience across many industries, including transport, civil construction, forestry and agriculture. They are also in the business of providing flexible finance for fleets, from cars and utes through to heavy vehicles and equipment. If you’re looking for finance for one or two vehicles, or require funding for a full fleet, UDC can provide tailored finance solutions for all types of company vehicles.

Alistair Doyle, Regional Manager – Commercial for the UDC Finance northern region, identifies some UDC Finance products which are especially fleet focused.

“UDC has different revolving credit facilities available where lending is secured against the company’s fleet assets. This can be structured through different payment plan options to suit your cash flow requirements. Alternatively, we can also offer a pre-approved credit limit facility if you regularly purchase assets but your fleet is not extensive,” said Doyle.

“Either facility is useful to business customers – especially small and medium enterprises (SMEs) – looking for finance that allows them to grow and upgrade their fleet.  What we offer are finance products which are simple, flexible and suit the business needs of those customers.”

UDC provides a very viable option for organisations looking to own, rather than lease their vehicles. For many SMEs, short- or long-term vehicle ownership can in fact prove to be a much better and more attractive option.

UDC operates a ‘keep it simple’ model, allowing businesses to purchase vehicles and grow based on understanding the assets. It understands that businesses are looking for finance that allows them to grow and upgrade their fleet, but it must be simple, flexible and suit their business needs.

Key benefits:

• UDC has a nationwide team of specialists with extensive finance experience. Operators can meet with local, dedicated commercial managers if they wish.
• If a business is looking for single vehicle finance, UDC also offers an easy online application process with a prompt turnaround.
• Businesses can borrow against new or existing assets.
• UDC offers fixed or floating interest rates for loan terms.
• UDC has flexible repayment structures to suit a business’ cash flow.

If businesses visit the Fleet Finance section of udc.co.nz, they’ll find some useful information there.  Contact details for all UDC’s commercial managers are also on the site. UDC is located all over the country so there will be a local rep who is more than happy to come meet with organisations operating fleets of vehicles or equipment.

udc.co.nz/fleetfinance

0800 200 UDC