Eventures pleased with online loan deals

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.

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.

Anti-spam verification:

Type the text you see in the image into the field below. You are asked to do this in order to verify that this enquiry is not being performed by an automated process.

Related News:

TEM - Transaction in Own Shares
October 9th Morning Report
VGL - NZX Tech Investor Day Presentation
October 8th Morning Report
IFT - CDC Independent Valuation
TEM - Transaction in Own Shares
October 7th Morning Report
Devon Funds Morning Note - 06 October 2026
AFT reports double digit revenue growth in 1H FY27
TEM - Transaction in Own Shares