Oxford Finance

What Oxford Finance does

Oxford Finance Limited is a New Zealand-owned, non-bank lender that provides vehicle, personal, and business finance products to individuals, sole traders, and small-to-medium enterprises across New Zealand. Its product portfolio spans three core lines — Vehicle Finance (cars, motorbikes, boats, caravans, motorhomes), Personal Finance (secured, unsecured, and property loans from NZD 2,000 upward), and Business Finance (commercial vehicle loans with minimum NZD 5,000) — supplemented by partner-distributed insurance products (Mechanical Breakdown, Payment Protection, GAP, Car Insurance via Autosure) and a Payment Waiver protection product. Interest rates are priced on a risk-based unit model ranging from 9.95% to 20.95% p.a., with a NZD 153 establishment fee and NZD 4–5 monthly account maintenance fees contributing ancillary revenue.

The technology stack is an online direct-lending platform with digital application processing, automated credit decisioning via the AutoApp platform for dealer/broker partners, and a 24/7 customer self-service portal for existing borrowers. Underlying integrations include APLYiD for digital identity/KYC verification, Illion for bank statement and credit-bureau checks, MotorWeb for NZTA vehicle lookups, Secured Signing for e-signatures, and credit-bureau feeds from Centrix and Equifax. Distribution combines a direct-to-consumer online channel with an inside-sales phone team and a nationwide dealer/broker partner network (AutoApp). Oxford is a wholly-owned subsidiary of Turners Automotive Group, which joined the NZX50 index in 2023, giving the subsidiary access to listed-parent capital markets credibility while operating as a privately held subsidiary focused exclusively on the New Zealand domestic market.

Name

Oxford Finance

Legal name

Oxford Finance Limited

Website

https://oxfordfinance.co.nz

Company type

Private

Founded year

1997

Operating status

Operating

Headcount range

51–100 employees

Short description

Oxford Finance is a New Zealand-owned non-bank lender offering vehicle, personal, and business finance to individuals and SMEs nationwide, distributed via direct online applications, phone sales, and a dealer/broker AutoApp network. It is a wholly-owned subsidiary of NZX50-listed Turners Automotive Group.

Ownership category

akta.pro rank

Product category

Consumer and Commercial Lending

NAICS

Credit Intermediation and Related Activities (522), Finance and Insurance (52)

SIC

Personal Credit Institutions (6141), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Fleet & Commercial Vehicle Finance (FSAKADAE)

akta.pro secondary industry

Auto & Vehicle Loan Brokerage (FSAEAEAK)

Keywords

• Vehicle finance lending
• Personal loan services
• Business asset finance
• Dealer finance platform
• Consumer credit lending

Headquarters

HQ city

Auckland

HQ country

New Zealand

HQ region

Oceania

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Loan Interest Income: Primary revenue stream from interest charged on vehicle loans, personal loans, and business finance. Interest rates range from 9.95% pa to 20.95% pa for secured loans and 14.95% pa to 19.95% pa for unsecured personal loans.
2. Loan Establishment Fees: One-time $153 establishment fee charged when loan applications are processed and approved, added to the loan contract.
3. Account Maintenance Fees: Monthly account maintenance fees of $4 for personal/vehicle loans and $5 for business loans, charged throughout the loan term.
4. Insurance Products Commission: Partnership with Autosure Insurance offering Mechanical Breakdown Insurance, Payment Protection Insurance, GAP insurance, and Car Insurance. Oxford Finance earns commission on insurance products financed within loans.
5. Payment Waiver Product: Optional protection product that can be added to loans, covering events such as death, terminal illness, incapacity, carer responsibilities, redundancy, and business interruption. Premium included in loan repayments.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels5 records

Core offering

Oxford Finance is a New Zealand specialist lender that provides vehicle finance (cars, utes, vans, motorbikes, boats, caravans), personal loans, business asset and property finance, and complementary consumer insurance products (Mechanical Breakdown, Payment Protection, GAP, Car Insurance) distributed through Autosure. It sells to individual consumers via online and phone channels and to small businesses through a national dealer and broker network of approximately 1,700 partners integrated via its AutoApp platform.

Product overview

Oxford Finance is a New Zealand-owned lending company that offers a unified financial services platform organized into three core product lines: Vehicle Finance, Personal Finance, and Business Finance. The Vehicle Finance division provides loans for cars, motorbikes, boats, caravans, and motorhomes. Personal Finance encompasses secured personal loans, unsecured personal loans, and property loans. Business Finance offers vehicle loans for commercial purposes. The company also provides supplementary products including Mechanical Breakdown Insurance, Payment Protection Insurance, Guaranteed Asset Protection, Car Insurance, and Payment Waiver through partner Autosure, along with a Customer Portal for online account management and Loan Calculator tools. All products are offered under flexible terms of 12-60 months with interest rates ranging from 9.95% p.a. to 20.95% p.a.

Differentiator

Problem solved

Functional benefit

Products and services

• Vehicle Finance Finance for the purchase of cars, utes and vans, motorbikes, boats and marine craft, and caravans and motorhomes for individual borrowers. Offers include up to 100% financing, no deposit required, weekly/fortnightly/monthly repayment options, fixed interest rates between 12.95% and 22.95% p.a., voluntary extra repayments, online application, and access to AutoCheck pre-approval via the AutoApp dealer platform.
• Personal Finance (Personal Loans) Unsecured personal loans for New Zealand consumers, with dedicated sub-purposes including debt consolidation, home improvements, medical and dental, holiday and travel, wedding, and student expenses. Standard interest rates range from 12.95% to 22.95% p.a., with no early repayment penalty and no security required.
• Business Finance Asset and property finance for small and medium-sized New Zealand businesses, comprising Business Vehicle Finance, Business Plant & Equipment Finance, and Business Property Loans. Used by sole traders, owner-operators, and SMEs to acquire or refinance commercial vehicles, plant and equipment, or commercial property.
• Mechanical Breakdown Insurance (MBI) Vehicle mechanical breakdown insurance cover distributed through Autosure, protecting Oxford Finance customers against the cost of unexpected mechanical failures on financed vehicles.
• Payment Protection Insurance (PPI) Insurance cover that protects loan repayments in the event of involuntary unemployment, illness, or injury, distributed through Autosure and offered at the point of loan origination.
• Guaranteed Asset Protection (GAP) Insurance Insurance that covers the difference between an insurance payout and the outstanding loan balance in the event of a total loss, protecting borrowers from negative equity on financed vehicles. Distributed through Autosure.
• Car Insurance Comprehensive car insurance cover distributed through Autosure, offered to Oxford Finance vehicle finance customers at the point of sale.
• Payment Waiver Loan payment waiver product that suspends repayment obligations for an extended period in qualifying circumstances, offered to Oxford Finance borrowers as a finance add-on alongside insurance options.

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration11 records

Feature6 records

Partnerships

Seven partnerships are on record, tiered core and minor.

• Autosure InsurancecoreStrategic or Co-development PartnerOxford Finance partners with Autosure Insurance to offer vehicle protection products including Mechanical Breakdown Insurance, Payment Protection Insurance, Guaranteed Asset Protection (GAP), and Car Insurance. Insurance can be financed within the loan.
• QuashedminorGTM or Marketing PartnerInsurance comparison platform partnership. Oxford Finance refers customers to Quashed.co.nz for car insurance comparison and renewal services.
• My Auto ShopminorGTM or Marketing PartnerPartnership with My Auto Shop for car maintenance services. Customers receive 10% discount with promo code OXFORD10. My Auto Shop provides mobile mechanic services for servicing, repairs, tyre replacement, and pre-purchase inspections.
• APLYiDcoreTechnology or IntegrationDigital identity verification technology used for customer onboarding, Know Your Customer (KYC) compliance, and fraud prevention during loan applications.
• IllioncoreTechnology or IntegrationBank statement verification system used during credit assessment to analyze customer financial position, income patterns, and spending habits.
• Secured SigningcoreTechnology or IntegrationElectronic document signing technology for executing loan agreements and credit contracts digitally.
• MotorWebcoreTechnology or IntegrationVehicle information service used for conducting checks through NZTA including registration details, ownership history, and vehicle condition verification.

Scale indicators3 records

Recent moves1 record

Direct peers

• Finance Now: Finance Now is a sister-company under Turners Automotive Group offering NZ personal, vehicle, and home loan products online. Despite shared ownership, it is the closest business-line comparable to Oxford Finance, offering similar D2C consumer and vehicle lending through digital channels.
• MTF Finance: MTF Finance is a New Zealand-based vehicle and asset finance provider focused on dealer-introduced lending across cars, commercial vehicles, and equipment. It is the closest direct peer to Oxford Finance in NZ vehicle lending, sharing the dealer-channel origination model and consumer/vehicle focus.
• Avanti Finance: Avanti Finance is a NZ-based non-bank lender offering personal, business, and asset finance products online. Comparable to Oxford in non-bank D2C origination, multi-product consumer lending, and reliance on digital applications.
• UDC Finance: UDC Finance is a NZ asset finance specialist offering vehicle, equipment, and commercial finance to businesses and consumers. Comparable to Oxford's business vehicle finance arm in target market, asset classes, and dealer-introduced origination.

Broad incumbents

• Kiwibank: Kiwibank is a New Zealand state-owned bank offering personal loans, vehicle finance, and business lending. Comparable as a broad NZ incumbent providing competing consumer and vehicle credit products to similar retail customer segments.
• Latitude Financial: Latitude Financial is an Australian-listed consumer finance provider offering personal loans, vehicle finance, and credit cards across Australia and NZ. Comparable through consumer and vehicle finance product overlap and ANZ-region focus.
• Heartland Group Holdings: Heartland Group is an NZX-listed diversified finance provider covering reverse mortgages, asset finance, and personal loans across NZ and Australia. It is a larger, more established incumbent operating in overlapping consumer and vehicle lending categories.
• ANZ Bank New Zealand: ANZ is New Zealand's largest bank and offers consumer loans, vehicle finance, and business credit through branch and digital channels. Comparable through overlapping consumer and vehicle lending products, though it operates at vastly larger scale as a depository incumbent.

Emerging players

• Harmoney: Harmoney is an NZ-founded online personal lender now listed on the ASX, specializing in unsecured personal loans via a digital marketplace model. Comparable through NZ consumer D2C unsecured lending focus and digital-first origination.

Regional players

• Toyota Financial Services New Zealand: Toyota Financial Services NZ provides captive finance for Toyota and Lexus vehicles in New Zealand. Comparable as a vehicle-finance competitor with dealer-network-driven origination, though focused exclusively on the captive OEM channel.

Market position

Strengths5 records

Weaknesses5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Oxford Finance