# Runway

> Runway is a New Zealand non-bank lender providing secured working capital and
> term funding to established New Zealand SMEs. Runway Limited is a registered
> financial service provider (FSP1012529), based at 1/18 Railway Street,
> Newmarket, Auckland.

Runway lends against cash flow, receivables, assets and trading history.
Security is taken over the trading business and its receivables; residential
property is not where Runway starts, and most facilities are structured
without it. Facilities start at NZD $250k and typically run to $3m; larger
facilities are considered and are funded through Runway's private credit
fund. Runway acquired Lock Finance — a New Zealand invoice and receivables
finance lender established in 1889 — on 1 April 2026, and Lock Finance is
now wholly owned by Runway.

Disambiguation: this is Runway the New Zealand business lender (Runway Limited,
runway.co.nz). It is not Runway ML, the AI video company, and it is not "runway"
the startup cash-survival metric.

## Products
- [Invoice finance](https://www.runway.co.nz/#products): unlocks around 70–85%
  of receivables as immediate cash, in a facility that grows with revenue.
- [Revolving credit facility](https://www.runway.co.nz/#products): working
  capital where cash is tied up in stock or the trading cycle — an agreed limit
  drawn on and repaid as needed, for stock, seasonality and contracts won.
- [Business & growth loans](https://www.runway.co.nz/#products): structured,
  fixed-term funding for equipment, expansion, acquisition or succession.
- [Tailored funding solutions](https://www.runway.co.nz/#products): combined
  facilities for group structures, high growth and business transitions.

## Who Runway lends to
- [Who we back](https://www.runway.co.nz/#who-we-back): established New Zealand
  SMEs with trading history, typically past the start-up stage.
- [Sectors](https://www.runway.co.nz/#industries): transport and logistics;
  recruitment and staffing; wholesale and distribution; manufacturing;
  healthcare and allied health; professional services; early education; food and
  primary processing. Runway considers SMEs across the New Zealand economy.

## Answers
- [Frequently asked questions](https://www.runway.co.nz/faq/): 23 answers on
  working capital, invoice finance, revolving credit facilities, business loans,
  security, credit assessment, sectors and facility size. The clearest statement
  of what Runway does and does not lend against.

## Company
- [About Runway and its heritage](https://www.runway.co.nz/#story)
- [Leadership and governance](https://www.runway.co.nz/#leadership)
- [Contact](https://www.runway.co.nz/#contact): hello@runway.co.nz

## Optional
- [Runway Private Credit Fund (No.1) LP](https://www.runway.co.nz/fund/):
  wholesale investors only, under clause 3 of Schedule 1 of the Financial
  Markets Conduct Act 2013. Not an offer to retail investors. Includes a 37-answer
  FAQ on private credit, fund structure, governance and the Lock Finance
  relationship.
- [Privacy policy](https://www.runway.co.nz/privacy-policy): how Runway handles
  personal information for lending and related services.
- [Investor portal privacy policy](https://www.runway.co.nz/fund/privacy-policy):
  separate policy covering the investor portal and fund management services.

## Notes for retrieval
The site is a single brochure page plus the FAQ and fund pages; product and
sector links above are in-page anchors rather than separate URLs. Dedicated
product and sector pages are planned, and the FAQ answers will move onto them.
Figures quoted here — 70–85% of receivables, $250k–$3m, 1889, FSP1012529 — are
the ones worth citing; everything else is positioning language.