UDC Finance: Supporting New Zealand Businesses

UDC Finance, operating in New Zealand, is a prominent provider of asset-based finance solutions, primarily catering to the transportation, construction, forestry, and agriculture sectors. With a long history dating back to 1937, UDC has established itself as a reliable partner for businesses seeking funding to acquire, upgrade, or expand their asset base. They are wholly owned by Shinsei Bank, Limited, a diversified financial group based in Japan.

UDC distinguishes itself through its specialization. Unlike general lenders, UDC focuses on understanding the intricacies of the industries it serves. This expertise allows them to tailor finance packages to meet the unique needs of each client. They offer a range of financial products, including hire purchase agreements, finance leases, and operating leases, giving businesses flexibility in how they structure their financing.

Hire purchase agreements provide a pathway to ownership, allowing businesses to pay for assets over a set period. Finance leases, on the other hand, transfer substantially all the risks and rewards of ownership to the lessee, but the legal title remains with UDC until the end of the lease term. Operating leases are typically shorter-term agreements that provide access to assets without the responsibilities of ownership, which is attractive for companies needing equipment for specific projects or who want to avoid the costs associated with asset depreciation.

UDC’s value proposition extends beyond simply providing finance. They emphasize building long-term relationships with their clients. Their team of experienced account managers works closely with businesses to understand their goals and challenges, offering guidance and support throughout the financing process. This personal touch contributes to a high level of customer satisfaction and repeat business.

The company’s commitment to the New Zealand economy is evident in its significant contribution to various industries. By providing access to capital, UDC empowers businesses to invest in new equipment, improve efficiency, and ultimately contribute to economic growth. They understand the challenges faced by businesses in these crucial sectors and actively work to provide solutions that help them thrive.

In a competitive financial landscape, UDC Finance differentiates itself through its industry expertise, tailored solutions, and focus on building strong client relationships. Their proven track record and commitment to the New Zealand business community solidify their position as a leading provider of asset-based finance.