Our History

From our humble beginnings back in 1989 to where we are today!

15 December 1989

Whakatane Spare Parts Warehouse Limited incorporated.
Soon thereafter the Company began providing lending facilities to its customers

11th December 1997

The Company changed its name to Asset Finance Limited to reflect its primary asset-backed lending activities.

15th March 2004

The Company appointed Covenant Trustee Services Limited as trustee under the Debenture Trust Deed dated 15 March 2004 to issue Secured Debenture Stock (i.e. term deposits) to the public.

2004 - 2007

The Company successfully managed the risks associated with the Global Financial Crisis, and avoided becoming one of the well-publicised failures of several New Zealand finance companies/institutions.

17th September 2010

The Company became registered as a Financial Services Provider (FSP3501), and a member of what is now the Insurance and Savings Ombudsman Scheme

11th March 2015

The Company was issued a Non-Bank Deposit Taker licence by the Reserve Bank of New Zealand. Term Deposits offered via our Product Disclosure Statement.

September 2019

The Company opened its Auckland office, with a core focus on building the Company’s presence in the business finance and property lending sectors.

25 April 2020

The ownership structure of the Company was reorganised, whereby a majority of the shareholders transferred their shareholding to a NZ holding company, Xceda Capital Group Limited.

October 2021

The Company changed its name to Xceda Finance Limited to reflect the transition from a regional asset lending business founded in Whakatane in 1989 into a full-service NZ-wide financial services provider.

July 2023

The Deposit Takers Act 2023 is enacted creating a single regulatory regime for all Reserve Bank of New Zealand (RBNZ) licensed deposit takers, including Xceda Finance Limited.

Talk to us today

Call us

Loans & General Enquiries:

0800 11 22 74

Investments & Term Deposits

0800 11 22 75

Email us


This website uses cookies to ensure you get the best experience on our website. Learn More.