Term Loans
CRT Finance term loans
CRT Finance has designed a competitive term loan package exclusively for our shareholders.
What can I use a term loan for?
You may require funding for:
- Farm machinery
- Irrigation systems
- Capital livestock
- Personal vehicles
- Motor boat
- Farm bikes
Term loan structure
We can help by providing term loan facilities from $5,000 right up to $100,000 depending on your requirements and circumstances.
We have the flexibility to help you schedule the repayments around your requirements with payment plans ranging from three to 36 months. There is also the option of fortnightly or monthly repayments and, in certain circumstances, interest-only payments with a lump sum principal repayment.
Shareholders currently receive competitive interest rates of 12% secured, or 14% unsecured, with a low establishment fee of 0.5% (minimum of $150) of the loan amount. Once you have put your term loan in place, the interest rate is guaranteed for the duration of the loan. Interest rates on offer are subject to change at the discretion of CRT Finance Ltd.
Depending on your finance requirements security may be required. This will generally only be over the asset you are purchasing. CRT Finance credit criteria will apply.
Calculator
Have a look, see how easy it is:
CRT finance calculator
Please contact one of the CRT Finance team if you have any further questions or to discuss which term loan option is best for you. Free phone 0800 CRT LOAN (0800 278 5686) or email loan@crt.co.nz
Alternatively you can submit an application form to loan@crt.co.nz or post your application to
CRT Finance Ltd, Private Bag 1968, Dunedin 9054.
Downloadable Documents: