Frequently Asked Questions

Yes. All loans arranged through Good Lending require an asset to secure the loan

You must be over 18 years old to arrange any finance in New Zealand

Good Lending can arrange funding for people on a Student or Work Visa. The approval process and information required may be different than a NZ citizen or resident. Your options and any additional information required for approval will be discussed with you by one of the friendly team prior to submitting you application

Good Lending can arrange funding for Learner License drivers; however it is very expensive due to the higher risk a finance company is taking. Restricted licenses are fine, however if you have an “Automatic transmission only” condition on your license, you can only finance an automatic transmission vehicle

Because a farm bike is not driven on New Zealand roads, you do not need to hold a specific driver’s license to arrange finance. You do however still need to provide some form of photo identification in order to obtain funding

Yes. Good Lending can arrange funding for business asset purchases such as vehicles or machinery. Finance can also be arranged for outright business purchases (the business still needs to have sufficient affordability to service the loan and sufficient security to cover the loan amount)

Good Lending has facilities with finance companies that will consider applicants that have adverse credit. However, your credit profile is only one piece of the puzzle. Our lenders also consider your stability, affordability, license type, bank account conduct and the reason why the adverse credit was loaded in the first place

The laws in New Zealand have changed and a finance company now must consider your spending habits to make sure you can afford the loan you are asking for. Finance companies are also now able to assess if you pay things such as rent, power and telephone bills on time. This is all taken into consideration when approving or declining an application

Yes. The finance providers that Good Lending use are happy to finance assets purchased through a registered business or from a private seller

Yes. Good Lending have facilities with major insurance companies, and we can offer a full suite of protection for yourself and your vehicle. The options available to you will be fully explained upon your application being accepted

Generally, this is not a problem. One of Good Lending’s friendly team will discuss the options available to you prior to submitting your application for approval