Sharechat Logo

Eventures pleased with online loan deals

Friday 4th August 2000

Text too small?

The first e-business offshoot of listed internet accelerator company eVentures New Zealand has done its first deals.

Five weeks after its launch E-Loan New Zealand said it has received almost 150 applications for home loans, totalling more than $23 million.

The speedy timeframe in which the first settled applications have been achieved was a global first for the E-Loan international company.

"It's a particularly pleasing result given the current subdued market and the drop in house purchasing levels compared with last year," E-Loan New Zealand chief executive Bruce Gordon said.

Eighteen of the country's top lenders, including the four largest banks, have made their home loans available online through E-Loan.

E-Loan allows customers to compare hundreds of loan options online.

EVentures, a company backed by media mogul Rupert Murdoch and local entrepreneur Craig Heatley, floated in June with a $30 million share offering.

  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

NZ dollar steady ahead of Fed decision, NZ GDP
Vital proceeds with $37m first stage of Wakefield Hospital redevelopment
Risks from exploration ban coming to pass
Pushpay lifts annual earnings guidance; shares rise
Treasury mindful of gaps in living standards framework
Cannasouth slumps on debut as investors back blue-chips
Zespri signals profit growth, trims expected fruit and services payment
Wider annual current account deficit meets expectations
Wider annual current account deficit meets expectations
19th June 2019 Morning Report

IRG See IRG research reports