UDC Finance has grown alongside the businesses that have built our country’s economy like transport, forestry, agriculture and manufacturing, and we’re proud to be New Zealand’s finance company.
80 years of experience
For 80 years, we have helped New Zealand businesses to grow and entrepreneurs to see their ideas become reality. We are one of the largest finance companies operating in the New Zealand market.
UDC began life in 1937 as Financial Services Limited. The idea behind the new company was simple: to provide industrial finance to New Zealand businesses.
In 1951, Financial Services Limited was bought out by the London-based United Dominions Trust, and renamed United Dominions Corporation in 1954.
In 1980 ANZ bought 100% of UDC, resulting in UDC Finance becoming a wholly owned subsidiary of ANZ Bank New Zealand Limited*
To find out more about the history of UDC, please see our book that summarises the first 70 years of UDC history.
New Zealand-only finance
We remain focused on our core business and take great pride in helping New Zealanders grow by providing them with the funds they need for vehicles, plant, equipment and machinery.
Spreading the risk
Our main expertise is in providing asset-based finance to New Zealand businesses for purchasing plant, vehicles and equipment, helping them to grow and prosper. We do not rely on land or buildings as security, and we steer well clear of speculative property developments.
We currently hold a BBB+ long-term credit rating from international ratings agency, Standard & Poor’s. This is an investment grade rating.
QFE Disclosure Statement prepared under the Financial Advisers Act 2008ANZ Bank New Zealand Limited QFE Disclosure Statement
ANZ Bank New Zealand Limited and various subsidiaries have been granted Qualifying Financial Entity (QFE) status as a QFE group, under the Financial Advisers Act 2008. Under that Act the QFE Group is required to prepare a QFE Disclosure Statement. The QFE Disclosure Statement provides information about financial adviser services provided by the QFE Group. It includes information about the types of products and services our QFE advisers can advise you on, how we get paid and the process for resolving any issues or complaints you may have.
Printed copies of the QFE Disclosure Statement are available on request at any branch or agency of ANZ.