5

.00%* P.A. 12 MONTH TERM

5

.75%* P.A. 24 MONTH TERM
Interest paid or compounded quarterly Learn more ►
*Terms and conditions apply. Mutual Credit Finance Limited’s current Product Disclosure statement is available on the Offer Register of business.govt.nz/disclose, on this website by clicking on the “Invest Options” tab below or on request from MCF.

Take advantage of our latest term deposit rate that offers strong returns on your money.

Now is a great time to invest with a company that helps you make the most of your hard earned dollars. Call or email us today (03 943 6556 or [javascript protected email address]) to find out how you can take up this fantastic term deposit offer!

CREDIT RATING EXEMPTION

MCF is exempt from the requirement to have its creditworthiness assessed by an approved rating agency. MCF is not rated because it is operating under an exemption granted pursuant to the Non-bank Deposit Takers (Credit Ratings Minimum Threshold) Exemption Notice 2016 which recognises that it is unduly onerous for companies the size of MCF to have a credit rating. The Credit Rating Exemption Notice applies because:

- MCF’s average consolidated liabilities as assessed on 1 October for the relevant measurement period were $20 million or more but less than $40 million, making it unduly onerous for MCF to comply with the requirement to have a credit rating; and

- MCF maintains a capital ratio of at least 12%.

The Credit Rating Exemption Notice means MCF has not received an independent opinion of its capability and willingness to repay its debt from an approved source.

If MCF’s average consolidated liabilities are $40 million or more when assessed on 1 October, MCF will need a credit rating from 1 March of the year following that date.

Stability in an
ever-changing landscape.

We are proud of our reputation and heritage. Since 1956 we have been providing finance and investment solutions to individuals and businesses throughout New Zealand.

In an ever-changing environment, we have focused on thinking laterally, working personally and acting ethically to assist our valued customers.

We partner with customers to tailor options to their requirements, and we pride ourselves on responding nimbly and responsibly to their needs.

Whether it’s weathering the storms of life or enabling growth and adapting to market opportunities, MCF remains firmly committed to helping people make the most of their personal and business situations.

For personal service and innovative solutions from a company that has stood the test of time,
talk to us today.

Trusted finance & investment partner since 1956.

CREDIT RATING EXEMPTION

MCF is exempt from the requirement to have its creditworthiness assessed by an approved rating agency. MCF is not rated because it is operating under an exemption granted pursuant to the Non-bank Deposit Takers (Credit Ratings Minimum Threshold) Exemption Notice 2016 which recognises that it is unduly onerous for companies the size of MCF to have a credit rating. The Credit Rating Exemption Notice applies because:

- MCF’s average consolidated liabilities as assessed on 1 October for the relevant measurement period were $20 million or more but less than $40 million, making it unduly onerous for MCF to comply with the requirement to have a credit rating; and

- MCF maintains a capital ratio of at least 12%.

The Credit Rating Exemption Notice means MCF has not received an independent opinion of its capability and willingness to repay its debt from an approved source.

If MCF’s average consolidated liabilities are $40 million or more when assessed on 1 October, MCF will need a credit rating from 1 March of the year following that date.

HOW WE CAN HELP

At MCF we offer customers a range of borrowing and investment options. Our focus is on providing timely solutions that are tailored to your individual situation. We understand that your personal and business needs change over time and due to circumstances. But amidst all of those changing landscapes, we can provide a valuable perspective, and practical outcomes.

Responsible Lending
You are protected by responsible lending laws. Because of these protections, any recommendations given to you about Personal Lending is not regulated financial advice. This means that duties and requirements imposed on people who give financial advice do not apply to these recommendations. This includes a duty to comply with a code of conduct and a requirement to be licensed.

Choose a section below to learn more.

INVESTMENT
OPTIONS
BUSINESS
LENDING
PROPERTY
LENDING

BUSINESS LENDING

If you need extra funds to help you grow your business, MCF offers borrowing options to help you achieve your commercial goals.

We can assist you to determine the best structure for your business lending needs, whether that’s a loan for working capital, office fit-outs or the purchase of stock, plant and machinery or other assets.

PROPERTY LENDING

MCF has a track record of providing professional service and tailoring individual finance solutions for all forms of property lending, including the development of or investment in residential, commercial and industrial property.

Over the years we have partnered with many individuals and businesses to structure loans to facilitate their property investments and developments. Our innovative thinking and specialist experience in this area allows us to add value to a range of deals and requirements.

INVESTMENT OPTIONS

MCF has a range of fixed return investment options to help you make the most of your money. These allow you to secure better returns than available from traditional banks without sacrificing the peace of mind and security that you deserve.

At MCF we have a credible history of acting responsibly and ethically to deliver acceptable returns on investments. Our track record and reputation means you can know and trust that your money is in safe hands.

To meet our obligations under Anti-Money Laundering legislation, in addition to a completed Application Form, we are required to obtain identification and address confirmation for all new applicants. As these requirements can vary for each applicant, please contact us to confirm the requirements for your application.

MCF is exempt from the requirement to have its creditworthiness assessed by an approved rating agency. MCF is not rated because it is operating under an exemption granted pursuant to the Non-bank Deposit Takers (Credit Ratings Minimum Threshold) Exemption Notice 2016 which recognises that it is unduly onerous for companies the size of MCF to have a credit rating. The Credit Rating Exemption Notice applies because:

- MCF’s average consolidated liabilities as assessed on 1 October for the relevant measurement period were $20 million or more but less than $40 million, making it unduly onerous for MCF to comply with the requirement to have a credit rating; and

- MCF maintains a capital ratio of at least 12%.

The Credit Rating Exemption Notice means MCF has not received an independent opinion of its capability and willingness to repay its debt from an approved source.

If MCF’s average consolidated liabilities are $40 million or more when assessed on 1 October, MCF will need a credit rating from 1 March of the year following that date.

A PERSONAL APPROACH

MCF’s reputation reflects the quality and stability of the people behind the brand.

The combination of expertise, experience and integrity means you can have peace of mind knowing that your personal and business finances are handled with the utmost discretion, professionalism and care.

Our staff and Directors all have considerable finance and business experience and are highly regarded professionals. The combination of their market knowledge, commercial acumen and innovative thinking is a significant strength of the MCF business.

We are a small team who are dedicated to providing you with tailored borrowing and lending solutions.

David Tier

CA, CMInstD – Chairman

David is a Chartered Accountant and a Chartered Member of the New Zealand Institute of Directors. He has many years of Senior Executive and Chief Financial Officer experience.

In recent years he has provided business consultancy services and governance advice to a number of private companies in the Property, Construction, Finance and Information Technology sectors.

David is an independent Director of MCF and is a member of MCF's Audit Committee.

    • 021 358 158
    • [javascript protected email address]

John Wheelans

B.Com, CA(PP) - Director

John has retired from Ashton Wheelans, Chartered Accountants, after 33 years’ service to the business community.

John is now a professional director and private consultant to the property and construction industry. John is also an investor in a number of private companies associated with the construction industry.

He is a Director of MCF Holdings Limited, the majority shareholder in Mutual Credit Finance Limited.

    • 021 325 895
    • [javascript protected email address]

Peter Rae

FCA, AFNZIM – Director

Peter is a Fellow of the New Zealand Institute of Chartered Accountants and is Chairman and Managing Director of Peter Rae Industries Limited which holds 34.89% of the shares on issue in MCF.

He has extensive experience in Finance and Property Investment, is Chairman of the Collins Mitre 10 group and a director of several private companies. Peter is also Chairman of MCF's Audit Committee.

    • 027 432 4221
    • [javascript protected email address]

Bert Govan

FNZIM, MInstD – Director

Bert is a Director of and/or shareholder in a number of New Zealand and Australian companies primarily in the Property, Finance, Automotive and the Timber/Forestry industries.

Bert is a Fellow of the New Zealand Institute of Management and an independent Director of MCF.

    • 027 439 3260
    • [javascript protected email address]

Clint Barry

CEO

Clint joined MCF in 2009 having had over 25 years of experience in the Banking and Finance industry and was appointed CEO in 2010. He has previously worked in both credit and lending roles with a major trading bank and an international finance company.

He has wide experience in lending to the consumer and business markets, including funding for Working Capital, Plant and Machinery, Corporate Society Gaming and Property Finance.

    • 027 493 5618
    • [javascript protected email address]

Paul Clarke

B.Com, LLB, CA - Finance Manager

Paul is a Chartered Accountant and joined MCF in 2006. He is responsible for all the companies statutory and compliance reporting as well as looking after all investor matters for the company.

Prior to joining MCF, he had over 15 years of experience as a Financial Controller at a number of large New Zealand retail operations, as well as for a variety of businesses and corporates in London.

    • 027 447 0010
    • [javascript protected email address]

Gerald Ryan

Business Development Manager

Gerald has over 30 years experience working in the banking and finance industry.

He has held senior lending and credit roles with Australasian and International banks, dealing with a wide range of customers, from SMEs to multi-national corporates. This substantial experience has given him exposure to a variety of industries and businesses.

    • 021 717 952
    • [javascript protected email address]

Kristen Smith

Senior Credit Controller

Kristen joined MCF in 2006 and has over 13 years experience in credit control, lending and administration. She is also the recent recipient of the NZCFI Credit Professional of the Year Award for 2017, recognising her achievements as a leading credit professional in the New Zealand market.

Kristen has a broad knowledge of the Credit Contracts and Consumer Finance Act 2003 (CCCFA), Credit Contracts and Consumer Finance Amendment Act 2014 and supporting legislation, and has built a good rapport with a large number of clients over her years with MCF.

    • 021 462 414
    • [javascript protected email address]

GIVING BACK

MCF is proud to be the inaugural Foundation Partner of the Southern Cochlear Implant Programme (SCIP).

Since 2003, SCIP has helped children and adults reconnect to the world of sound through cochlear implants. Our partnership with SCIP reflects the value we place on this life-changing surgery that has such a phenomenal impact on individuals, their families and communities.

We are honoured to contribute to such a worthy cause.

If you have specific enquiries or simply wish to find out more about how MCF can assist you, please feel free to contact us today.

  • 0800TALK2MCF
    (0800 825 526)
    03 943 6556
  • [javascript protected email address]
  • Physical Address
  • Level 2
  • 137 Victoria Street
  • Christchurch
  • New Zealand
  • Postal Address
  • PO Box 130178
  • Christchurch 8141
  • New Zealand