MTF Finance – Loan Review
MTF Finance specialises in vehicle and personal loans in New Zealand, with a nationwide dealer and broker network.
Applying does not commit you to any agreement.
MTF Finance
MTF Finance (Motor Trade Finance) is a New Zealand specialist lender focused on vehicle finance and personal loans. It operates through a nationwide network of franchisees and car dealers rather than bank branches.
Loan amounts range from $2,000 to $100,000 for vehicle purchases, with terms up to 60 months. Personal loans are also available for non-vehicle purposes. MTF Finance is known for flexible credit assessment and working with borrowers who may not qualify at mainstream banks.
Interest rates start from around 8.95% p.a. for secured vehicle loans to well-qualified borrowers. Rates for higher-risk applications are higher. Check with a local MTF franchisee for a personalised quote.
✓ Pros
- Lower rates for secured vehicle loans
- Flexible credit assessment
- Nationwide coverage through franchisees
✗ Cons
- Higher rates for unsecured or higher-risk applications
- Not a direct online lender
Loan Requirements
- ✓ NZ citizen or permanent resident
- ✓ Valid driver licence or ID
- ✓ Regular income
- ✓ Aged 18 or over
- ✓ Vehicle registration documents (for vehicle loans)
Loan Features
- Specialist vehicle finance
- $2,000 to $100,000
- Nationwide franchisee network
- Flexible credit assessment
- Secured and unsecured options
Frequently Asked Questions
24 hours after submitting your application.
The minimum amount at MTF Finance is $2,000.
Yes, MTF Finance offers an online application process. Visit their website to apply.