Heartland Bank and Kia launch finance venture

Heartland Bank and Kia launch finance venture

Heartland Bank has partnered with Kia Motors New Zealand (KMNZ) to provide Kia Finance.

It is a new vehicle finance service for people looking to purchase a new or used Kia from a Kia dealership.

Kia Finance’s vehicle finance options include vehicle loans, Kia Konfidence - which allows customers to protect the minimum future value of their vehicle at the end of the loan term - and vehicle leasing for business fleets.

Heartland’s CEO Chris Flood, said Heartland was delighted to be selected as the financial services supplier to KMNZ.

“We are proud to partner with Kia, a growing brand in the New Zealand market with a focus on technology and environmental sustainability – core areas of focus shared by Heartland,” he said.

Flood added that Kia Finance’s vehicle loan and Kia Konfidence products aim to make it even easier for New Zealanders to upgrade to safer, more reliable vehicles.

“Partnering with intermediaries like Kia is a key part of Heartland’s strategy to grow our business and reach more customers at the point of sale. More importantly, it means we’re better able to reduce the barriers to entry people may have previously faced when looking to purchase a new vehicle,” he said.

KMNZ managing director Todd McDonald said Kia was pleased to announce its partnership with Heartland Bank.

“The alignment of values between Heartland Bank and Kia NZ mutually support each other. The addition of a strong automotive focused financier will support the growth of the Kia brand and our dealer network in New Zealand.”

“This partnership with Heartland provides Kia New Zealand new purchasing opportunities for Kia customers,” Mr McDonald said.

Photo: David Thomson

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