Finance
If you are looking to finance your purchase into new clubs we have a simple and accessible finance product for you to use. EziGolf Finance Limited is a small privately owned consumer finance company specialising in providing flexible finance to customers of golf and pro shops around the New Zealand.
If you are interested in obtaining pre-approval before you go shopping for those new clubs a Finance Application Form is available for downloading by Clicking Here. Simply complete and fax it to EziGolf Finance at 03 357-2461. We will provide an answer (approval or decline) back to you within 30 minutes and direct you to the nearest participating golf or pro shop to present the Finance Approval in order to make your purchase. We have over 50 participating shops around the country so there is bound to be one near you.
Terms
Loans are not available for amounts less than $1,000 and payments may be made on a weekly, fortnightly or monthly basis.
Standard policy is a maximum term of three years, although if you require longer to pay we will, in certain cases, go beyond this period in order to “tailor” the finance to your individual needs. Some examples of loan payments are below:-
Example 1
Customer purchasing $2,500 of equipment with a 10% cash deposit and can afford to pay around $30.00 per week.
A loan of $2,250 over 1½ years is $29.88 payments per week.
Example 2
Customer purchasing say a full set of Callaway GBB II Metal Woods and X16 Irons with RCH75 graphite shafts at a cost of $5,900 and wants to have them completely paid off in two years.
Payments of $286.09 per month (or $65.73 per week) will have the clubs debt free in two years.
Example 3
Customer purchasing $1,500 of equipment, has $500 cash deposit or trade-in clubs are of an equivalent deposit value and wants to pay the loan off fortnightly (to coincide with salary or wages payments) over 12 months .
Loan is for $1,000 and fortnightly payments are $41.53
Interest Rate
The current interest rate is 15% per annum and is a so called “true rate”. This is also the “Finance Rate” in terms of the Credit Contracts Act 1993.
Basic Credit Criteria/Policy
Clubs being purchased must be new (ie unused)
A 10% minimum deposit is required - this may be in cash or trade-in of old clubs to an equivalent value
Applicants must be New Zealand residents, have stable employment and a clean credit history
Please note that a standard credit enquiry through a reputable credit agency is made for all applications.
