About Us

Cyclone Finance is a New Zealand owned company that provides finance options to assist parents and caregivers to procure a laptop device for their child as part of a school one-to-one program.

About Us

Cyclone Finance Limited exists to assist parents to finance a digital device for their child as part of a digital teaching and learning programme in their local school.

As New Zealand schools move towards the integration of technology with learning, the requirement for all students to have their own device (available both at school and at home) is growing.


Many schools are requesting that parents provide a device for their student, and in some instances this financial cost cannot be bought as a one-off purchase, and a financing option is required.

Consumer finance in New Zealand can be expensive. Many finance companies are not interested or capable of providing consumer finance to individuals on what can be a relatively small individual transaction basis. Those that are generally offer finance only with high establishments fees (often over $250 per instance) and at interest rates of up to and over 21%.

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Additionally, many of those parents who really need finance, are not meeting credit check criteria, so are unable to finance a device for their child.

Cyclone Finance has been established to partner with schools and their Board of Trustees to offer a package to parents to procure a device with no establishment fee, no credit checks and a competitive interest rate.

Our finance option offers an inexpensive way for any New Zealand parent to finance a device for their child.


As important, our option removes the potential for school Boards becoming non-compliant with regards to their fiscal liabilities relative to either the Education Act (and amendments) or Public Sector accounting protocols.


Cyclone Finance Limited is a Registered Finance Service Provider and is wholly owned by Cyclone Computer Co Ltd, who, for the past 25 years, have specialised in providing technology to the New Zealand education sector – www.cyclone.co.nz


Digital devices as part of a well implemented digital teaching and learning programme will improve learning outcomes

Digital devices should be in the hands of students at all times and should be owned by all students/ caregivers

Devices should be able to be used both at school and home

No credit checks are to be made on families

No liability will rest with the Board of Trustees/school

That BOT wishes to assist with the provision and reduce the cost to their families

The school/communities of learning will select the appropriate device(s) to meet their education needs/learning outcomes

That provision has been made for network capability

That staff professional learning has been/ will be provided to ensure that the digital implementation is successful

Cyclone wishes to implement a fair, scalable, sustainable and viable solution in partnership with the Board of Trustees.


Cyclone becomes the supplier of devices to the school community

Some parents may wish to purchase the recommended device bundle outright

Some parents will want to own the device but are not eligible for retail credit programmes

Cyclone will secure funds (lease agreement), buy the devices and accompanying services and provide them directly to the caregivers via a 36 month extended payment agreement

Contributions will be collected via direct debits – a mechanism that will be administered for Cyclone via Debit Success

Cyclone is willing to show an open book approach on margins and costs

There will need to be provision made for associated costs (Administration Fee) including:

-Management of the supply of devices and recovery of payments from parents

-Administrative costs of running the finance scheme includes legal fees, accountancy costs, reconciliations, account management

-Cost of chasing up slow / non payers (e-mails, phone calls, letters, debt collection agency, repossession agent)

-Administrative requirements imposed on Cyclone by the Credit Contracts and Consumer Finance Act

-Provision for risk management.