05/06/2024
Partners Finance is pleased to advise some recent changes.
Partners Finance is one of the few remaining fully New Zealand owned and operated finance companies. It provides finance for the purchase and ownership of commercial assets and has been assisting New Zealand businesses with financing needs since 2014.
Partners Finance has recently had some ownership changes with locally owned Summit Capital becoming a major shareholder in December 2023.
Summit Capital is also 100% locally owned and provides finance to clients across the business, property, and agri-business sectors.
Partners Finance, with its roots in Canterbury, now has its team operating from Auckland, Wellington and Christchurch, servicing its clients and broker network.
Together with remaining shareholder, the well-known Queenstown businessman Jim Boult CNZM, and a refreshed brand, Partners Finance's strategy is to continue to support its extensive network of clients and significantly grow the business and product offering.
Summit director John Mallon: "Partners Finance has a well-established position in the commercial finance market with a great team of experienced professionals. Summit Capital is pleased to partner with Jim and invest in the next phase of its growth."