What Is an Operating Lease?
Not sure if leasing is right for your business? Here's how an operating lease works, and how it compares to the alternatives.
Prefer to Own the Asset? Finance Structure
Where retaining ownership matters to your business, ORIX offers flexible finance options alongside our leases.
Know your rate for the life of the agreement, no surprises as markets move.
Structure the term to match how long you'll use the asset.
Fund the full asset value where that suits your business.
Seasonal payment structures available, pay more when work is strong, less when it's quiet.
Reduce your regular payments with a final balloon payment at the end of term.
Outgrown Standard Bank Lending?
Once your business reaches a certain size, traditional bank lending can slow you down, especially when you need specialty equipment. Specialised Finance is ORIX's offer for businesses that need bespoke funding, with the scale to structure larger, more flexible solutions.
What Can ORIX Lease?
From a single truck to a fleet of forklifts, new or ex-lease, ORIX funds commercial assets across industries. If it has commercial value and a useful working life, there's a good chance we can structure a lease or finance agreement around it.
Trucks & Trailers
Forklifts & Materials Handling
Earthmoving & Diggers
Construction Equipment
Manufacturing Equipment
Agricultural Machinery
IT, Office & Specialist
Why Lease Instead of Buy?
Buying ties up capital. Leasing keeps it working. Here's why more NZ businesses are choosing an operating lease over outright purchase.
Maintained or Non-Maintained: You Choose
Every business operates differently. ORIX gives you the choice of how maintenance fits into your lease, and prices both options with fixed, predictable payments.
Fully Maintained Lease
ORIX manages the asset's servicing and maintenance. One fixed monthly payment covers your funding and your upkeep. No unexpected bills. Ideal for businesses that want cost certainty above everything else.
Non-Maintained Lease
You manage the asset's maintenance. ORIX funds it. Well-suited to businesses with their own workshop, a preferred service provider, or those that want lower monthly payments.
Not sure which suits your business? We'll talk you through it.
Who Is Asset Leasing Right For?
Asset leasing suits businesses at opposite ends of the size spectrum, and everyone in between. Here's who we work with most.
“I don't want to tie up $300k in a digger.”
Civil contractors, earthmovers, transport operators. Businesses winning jobs that need equipment now, without depleting working capital. Lease it, operate it, hand it back when the contract changes. No residual risk. No asset disposal.
Ideal for: Owner-operators, transport fleet owners, construction businesses, earthmoving companies.
“What does this look like from a balance sheet perspective?”
CFOs and finance managers at national businesses. Predictable monthly costs. Structured funding lines. No residual risk on the balance sheet at end of term. ORIX brings the institutional-grade partnership, and the asset knowledge, to match.
Ideal for: CFOs, Finance Managers, Operations Directors at national transport, construction, manufacturing and infrastructure businesses.
Your Business Asset Leasing Partner
Banks move slowly. Smaller finance houses run out of appetite. ORIX sits in the middle, with the scale to fund large programmes and the flexibility to structure a lease that actually suits your business.
Easy to Deal With
Not a bank. Long-term funding relationships. We take the time to understand your business, your contracts and your cashflow, not just the asset value.
Structured Around Your Cashflow
Seasonal payments. Flexible structures. No rigid bank schedule. Your lease payments match how your business actually earns.
Scale That Smaller Funders Can’t Match
Part of ORIX Group (AA- R&I credit rating). Institutional funding capability behind every deal, from a single asset to a national multi-asset programme.
Asset Knowledge, Not Just Finance
Our team understands trucks, trailers, forklifts and heavy machinery. Better residuals. Smarter structuring. A leasing partner who speaks your language.
Unlock Capital From Assets You Already Own
Already own trucks, machinery or equipment? Sell to ORIX at market value, lease them back on agreed terms. You get a cash injection now, and you keep using the assets as normal.
Common Questions About Asset Leasing
What is an operating lease in New Zealand?
An operating lease lets your business use an asset, such as a truck, forklift, excavator or machinery, without owning it. ORIX buys the asset, you make fixed monthly payments over an agreed term and hand it back at the end. You take on none of the residual risk.
What is the difference between an operating lease and hire purchase?
With an operating lease, ORIX owns the asset and you pay for its use. At the end, you hand it back and can upgrade. With hire purchase, you're working toward owning the asset: you pay for it over time and take ownership when the final payment is made. The right structure depends on whether ownership matters to your business. See our asset finance options
Can I include maintenance in my equipment lease?
Yes. ORIX offers fully maintained leases that include servicing and maintenance in your monthly payment, as well as non-maintained leases where you manage the asset yourself. We'll help you decide which suits your operation.
Do I get to choose the brand and model of the asset?
Yes. You choose the brand, model and specification. ORIX funds the asset over the agreed term.
What happens at the end of an operating lease?
At the end of the term, you hand the asset back to ORIX. You can then lease a new or updated asset, extend the lease, or explore other options with our team. You carry no residual risk; that stays with ORIX.
Can I lease used trucks and equipment?
Yes. ORIX offers finance and lease options on ex-lease used stock as well as new assets.
What types of assets does ORIX lease?
ORIX leases trucks, trailers, forklifts, excavators, earthmoving machinery, construction equipment, manufacturing equipment, agricultural machinery and more, new or used. If your asset has commercial value and a useful life, get in touch.
Can my lease payments be seasonal?
Yes. ORIX can structure seasonal payments tied to your cashflow, paying more when work is strong and less during slower periods.
What's the difference between an operating lease and financing an asset?
With an operating lease, ORIX owns the asset and you pay a fixed monthly amount to use it, then hand it back at the end of the term. With asset finance, such as hire purchase or a finance lease, you fund the asset over time and keep it, or its value, at the end. An operating lease suits businesses that want to avoid residual risk; financing suits businesses that want to own the asset.
Don’t see the answer to your question?
Over 39 years of happy clients
Our customers consistently praise our dedication to excellence and innovation, which has fostered enduring partnerships with beloved businesses throughout New Zealand.
John Brown
Lion New Zealand
Geoff Cassin - Director
Cassin FMCG Ltd, TA Selling Solutions
Seumus Cooney - NZ Regional Manager
Wella Company
Matthew Stokes - Chief Operating Officer
PaySauce
Matthew Stokes - Chief Operating Officer
PaySauce
Dale Rasmussen
Tuilaepa Youth Mentoring Services
Dale Rasmussen
Tuilaepa Youth Mentoring Services
Dale Rasmussen
Tuilaepa Youth Mentoring Services
Dale Rasmussen
Tuilaepa Youth Mentoring Services
Robert Blake
Nelson Tasman Pasifika Community Trust
Luzette Wolmarans
The Alliance Group
Nicolet Twyman
Hancock’s Wine, Spirit and Beer Merchants Ltd
Talk to Our Asset Leasing Team
Our asset leasing specialists understand your industry. Get in touch for a no-obligation conversation about operating lease options for your next truck, machine or equipment. If you work with a broker, ask for Brody.
- 027 212 6277
- scott.bliss@orix.co.nz
- 027 261 3543
- Erin.Heese@orix.co.nz
- 027 286 0108
- mark.Ruddlesden@orix.co.nz
- 027 220 3239
- Brody.Sumner@orix.co.nz
- 027 226 1586
- alistair.harsant@orix.co.nz
Ready to Lease or Finance Your Next Asset?
Tell us what you need: truck, trailer, forklift or machine. We'll structure a solution around your cashflow and your business.
