Rating based on 19 reviews

Alternate Finance


  • Low-interest starting from 13.95%
  • Quick loans up to $15,000
  • Repayment up to 3 years

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Author Alternate Finance. Screenshot of Alternate Finance website. [Accessed May 23, 2018]

About Alternate Finance

One of the most common compliments that we receive is that of how fantastically quick our staff are able to process loan applications and transfer credit.

As an online lender, we know that it is this speed that gives us our competitive advantage and we strive to maintain it - always.

Short-term loans from alternate finance

Short term loans are more costly than personal loans but, they are more affordable than personal loans since they usually have a shorter term which allows the borrower to pay off the loan faster and therefore pay less interest. Our loans are budget-friendly and can be used for any purpose.

What Alternate Finance can offer you

At Alternate Finance we offer short and long term cash loans that can be secured against property, a vehicle or household items.

You can borrow between $500 and $15,000 at an interest rate of between 13.95% and 26.98% per annum. We will ensure you can afford the repayments by conducting an affordability check prior to approval.

Achieving the perfect balance

To achieve a good balance between your quick loan amount and loan term you need to properly evaluate your income and expenses to find out how much you can reasonably repay per month. Choosing a longer loan term will lower the monthly repayments but will end up costing your more overall.

Alternate Finance Product Details

  • Loan Type Quick loans
  • Interest Rate 13.95 – 26.98% p/a
  • Loan Amount up to $15,000
  • Repayment 6 months to 3 years
  • Decision 1 hour

We have a competitive advantage and we strive to maintain it

We offer loans that can be obtained entirely online.

This means that there is no paperwork or meeting required and you can save time and money! When you use an online lender you're essentially doing away with the queues, paperwork and unreasonable lending requirements that are synonymous with banks.

Proving affordability for long term loans

Since we only offer personal loan terms of up to 3 years those who wish to borrow larger cash loan amount must be able to demonstrate that they can repay the loan in the offered term by providing us with their payslips and bank statements to prove affordability.

Certain requirements need to be filled for the loan application to be processed. Only citizens of ages eighteen and above can apply for loan. We only consider applications from the residents of New Zealand. Adding on; applicant needs to be a full-time employee, who is earning a stable income. This is a security measure that ensures that a lender would be able to pay back the debt.

We do credit checks on the applicants and require you to demonstrate that you can prove security. Moreover, bank statements and proof of residence are also required.

A range of loans to choose from

We are the provider of a range of loans, knowing that our applicants are all looking for varying things to suit their needs. We offer fast cash loans as well as emergency loans – for those who need money immediately. We understand that clients also require loans for leisure; hence we present our holiday loans for those who want to spend quality time with family. Our funeral loans cover your essential needs at time of loss, so you do not have to worry about finances when you are sending someone away.

Lastly, we have debt consolidation service that helps you to put all your debts in one place – making it easy to control them and allow you to pay one instalment at a time, instead of many. A perfect way for management of finances.

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Alternate Finance is a trusted & reliable provider of quick loans

In our review, Alternate Finance adheres to the compliance criteria in accordance with Credit Contracts and Consumer Finance Act (CCCFA), where the granting the loan will not cause financial distress to the consumer.

Alternate Finance is a registered credit provider in New Zealand: FSP7401

Customer Reviews & Testimonials

April 2018

Alternate Finance is the best choice I ever made. I have no regrets for choosing them

Lydia W
— Christchurch —

July 2018

I was rushing around, looking for finance options to cover a funeral and at that time, I am glad I found Alternate Finance.

Denise P
— Auckland —

Alternate Finance Contact Details

Contact Number


  • not available


Physical Address

Postal Address

  • PO Box 7130, Sydenham, Christchurch, 8240, New Zealand

Opening Hours

  • Monday 9.00 – 17.00
  • Tuesday 9.00 – 17.00
  • Wednesday 9.00 – 17.00
  • Thursday 9.00 – 17.00
  • Friday 9.00 – 17.00
  • Saturday – closed
  • Sunday – closed