TDX launches home-grown finance division


TDX Ltd, the 100% Kiwi owned and operated equipment, parts and consumables sales and service company, has launched its own lending team; TDX Finance & Leasing.

Adding the new TDX Finance & Leasing (TDFL) division, means that TDX is now able to deliver lending solutions such as hire purchase, finance and operating leases, mid-long term rentals, rent to own, flexible payment options, refinancing and many other variations. TDFL will primarily support Volvo CE, Yanmar, Ammann, Sennebogen, Kohler Generators, Kohler Diesel Engines, Allison Transmissions and Perkins Engines clients, but can look to fund any type of asset customers require.

TDFL’s new manager, Welsh expat Gareth Young, has had plenty of experience setting up lending departments across the UK, and he’s optimistic about the practicality of offering freedom of choice and funding solutions to match TDX customer’s needs; “We have a panel of market leading banks and lending companies who can fund most asset purchases across a wide variety of finance products in any number of creative ways”, he says.

Gareth is also a strong advocate for transparency, as he believes equipment lending programmes should be ethical and really understand the client’s needs before steering them into a financing plan that could be unsuitable or even have a negative impact on their cash flow. “Just like we match the right customer to the right piece of equipment, we also want to have honest and open discussions with our clients about the best finance options available to them, and we’re in a strong position to do so”, he adds.

TDX is now one of the few New Zealand owned and operated equipment, sales and service organisations able to offer a complete finance, leasing and rental solutions to consumers procuring equipment.

Mike McKessar, TDX’s Chief Executive Officer, reflects on the companies’ small beginnings; “from a Kiwi diesel engine and transmissions group to a sophisticated multi-level organisation, our emphasis is and has always been on the customer, delivering solutions that meet and exceed their expectations”, he says.

For more information, please contact:

Gareth Young, TDX Finance & Leasing Manager

+64 21 536 172