Avanti Finance – Loan Review
Amount, $1 000 - $100 000 ;Term, 1 - 5 years
Applying does not commit you to any agreement.
Avanti Finance
Avanti Finance is a New Zealand-owned lender offering personal loans and vehicle finance from $1,000 to $100,000 with terms from 12 to 60 months. Rates start from 7.00% p.a. for secured loans. They cater to a wide range of borrowers, including self-employed individuals and those with less-than-perfect credit.
Applications go through a network of accredited brokers and dealers, or directly via Avanti's online portal. Each application is assessed individually, considering income, assets and loan purpose. Approval typically takes 1-2 business days.
Both secured (lower rates) and unsecured personal loans are available. Avanti Finance is a member of the Financial Services Federation (FSF).
✓ Pros
- Competitive rates from 7.00% for secured loans
- Accepts self-employed applicants
- Wide loan amount range
- FSF member – regulated lender
✗ Cons
- Broker/dealer channel may add complexity
- Higher rates for unsecured loans
- Terms limited to 5 years
Loan Example
Example: $15,000 secured over 48 months at 8.95% p.a. = approx. $370/month.
Loan Requirements
- ✓ NZ citizen, permanent resident or valid work visa
- ✓ 18 years or older
- ✓ Stable income
- ✓ Valid NZ driver's licence or passport
- ✓ 3 months bank statements
Loan Features
- Online loans up to $100 000
- Term 1 - 5 years
- Easy online application
Frequently Asked Questions
1 - 5 years after submitting your application.
The minimum amount at Avanti Finance is $1,000.
Yes, Avanti Finance offers an online application process. Visit their website to apply.