# Avanti Finance review: business loans and who qualifies

> Avanti Finance lends to New Zealand businesses that have traded for over 9 months with $10,000 or more in monthly sales, and replies within 24 hours. Here is what it lends for, what it costs and how it compares.

By Jason Dark, last checked 2026-11-06. Part of [Lenders](https://smallbusinessloan.co.nz/lenders) on Skipper.

## The short version

- Avanti Finance is a New Zealand-owned specialist lender that has lent since 1989.
- For some business loans, Avanti asks for over 9 months in business and $10,000 or more in monthly sales.
- Avanti lends for business assets, short-term cash needs like wages and IRD bills, bridging finance and property development.
- You can apply online in about 5 minutes and get a reply within 24 hours, but Avanti doesn't publish its business rates or fees.

## Is Avanti Finance a good lender for your business?

Avanti Finance suits a business that has traded for at least 9 months and needs money for something a bank might not fund quickly, like an IRD bill or a short gap between transactions. Avanti is a New Zealand-owned specialist lender, founded in 1989, and it says its criteria for some business loans are more flexible than the banks'. Avanti doesn't publish its business rates or fees, so you'll only know the cost once you get an offer.

## What Avanti Finance lends

| Product | Amount | Term | Who qualifies | Security | Speed | Cost |
| --- | --- | --- | --- | --- | --- | --- |
| Business loans | Not published | Not published | For some of its loans: over 9 months in business and $10,000 or more in monthly sales | Depends on the loan; it lends on vehicles, equipment and property | A reply within 24 hours of applying | Rates and fees for business loans are given when you apply |

Avanti's business loans can be used for several purposes:

- business assets, vehicles and equipment
- short-term cash for rent, wages, supplies, IRD and tax bills
- bridging finance between major transactions
- residential property development
- buying property for commercial use

## Who qualifies

For some business loans, Avanti requires your business to have been operating for more than 9 months and to have at least $10,000 in monthly sales. Avanti lends to sole traders, small businesses and experienced property developers. Avanti checks your credit score with credit reporting agencies. If you apply directly and your application is declined, Avanti will explain why.

Whether you need to provide security depends on the type of loan. Avanti lends against vehicles, equipment and property. For property loans, security is always required, often the property you're buying.

## What Avanti Finance costs

Avanti publishes rates and fees for car, personal and property loans, but not for business loans. You'll find out the rate and fees when you apply. You can repay your loan in full at any time, but prepayment fees may apply. Changing your repayment plan may also cost a fee. Once you have an offer, you can use the [business loan calculator](https://smallbusinessloan.co.nz/tools/business-loan-calculator) to see your repayments and total interest.

## How to apply

You can apply online in about 5 minutes, call Avanti's business team or ask for a call back. Avanti says it replies within 24 hours. You can also apply through a finance broker. Avanti works with a network of advisers, brokers and dealers.

## How Avanti Finance compares

Avanti's 9-month trading requirement is lower than what most banks ask for, but some online lenders require even less. [Prospa](https://smallbusinessloan.co.nz/lenders/prospa) and [ScotPac](https://smallbusinessloan.co.nz/lenders/scotpac) require 6 months, while [Bizcap](https://smallbusinessloan.co.nz/lenders/bizcap) asks for 4 months and $12,000 in monthly revenue. Unlike Avanti, these lenders publish their loan ranges. If you want to borrow against property, you can compare Avanti with [Pioneer Finance](https://smallbusinessloan.co.nz/lenders/pioneer-finance), which publishes its rates and fees. The [eligibility checker](https://smallbusinessloan.co.nz/tools/lender-match) shows how many lenders might consider your business.

These details come from Avanti Finance's website, checked on 6 November 2026.

## Common questions

### What do I need to get a business loan from Avanti Finance?

Avanti says that for some business loans, your business must have been operating for more than 9 months and have at least $10,000 in monthly sales. You'll also need to pass a credit check.

### How fast is Avanti Finance?

Avanti says you can apply online in about 5 minutes and get a reply within 24 hours.

### Can I repay an Avanti Finance loan early?

Yes, you can repay your loan in full at any time, but prepayment fees may apply. Avanti lists these fees on its rates and fees page.

## Sources

- [Avanti Finance: Business loans](https://www.avantifinance.co.nz/products/business-loans/)
- [Avanti Finance: Rates and fees](https://www.avantifinance.co.nz/rates-fees/)
- [Avanti Finance: About us](https://www.avantifinance.co.nz/about-us/)
- [Avanti Finance: FAQs](https://www.avantifinance.co.nz/faqs/)