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Specialist lenders’ book boosted by jump in business loans

Loan applications and approvals are up, says a new report, but impairments are also at their highest levels in five years.

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Business loans accounted for almost half of the $22.3 billion in loans on specialist lenders’ books last year, according to the Financial Services Federation.

The FSF, whose 100 members cover about half of New Zealand's specialist lending, said business loans were at $10.24b at the end of 2025,

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Brent Melville Tue, 31 Mar 2026
Contact the Writer: bmelville@nbr.co.nz
News tip? Question? Typo? Let us know: editor@nbr.co.nz
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.

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Specialist lenders’ book boosted by jump in business loans
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