Friendly local service the key to success

CHASMONT FINANCE have been part of the fabric of Dunedin for almost 90 years - and their roots lie in an even older company in the city. The company offers a range of services, including personal finance, vehicle finance, hire purchase, short-term finance, revolving credit, and retail finance.

Unlike many larger corporate finance companies, Chasmont Finance maintain a local focus, with a friendly and individually tailored approach that serves their many clients well. Being part of the heritage of the city, the company’s clients are primarily from the city, but they also serve many others throughout Otago and Southland.

The original furniture retail shop and factory in 1868
The original furniture retail shop and factory in 1868

Chasmont Finance now has a new manager in Allister Sneddon, retaining an impressive family legacy that began when Francis Butterfield set up a furniture retail shop and factory on George St in 1868. His son M.C. Butterfield continued the legacy, and his sons Charles and Monty Butterfield launched Chasmont Finance in 1931 - the company title derived from their combined first names.

Monty’s children - Kay Sneddon, Roye Haugh, and Warwick Butterfield - have all been involved in the family business in management and governance roles. Chairman of the Board Kay married Geoff Sneddon, who was general manager of Butterfields and also ran Chasmont Finance.

 John Sneddon, Juliet Dow and Allister Sneddon photo supplied
John Sneddon, Juliet Dow and Allister Sneddon photo supplied
Their three children have recently become the fifth generation of managers, with Allister at Chasmont Finance, Juliet Dow at Otago Furniture, and John Sneddon overseeing properties.

Being a ‘‘friendly firm’’ is a long-held Butterfields value that is still believed in.

The company was a Southern Hemisphere pioneer of hire purchase during the Great Depression, enabling customers to pay goods off over a longer period during those tough years. When Charles and Monty began Chasmont Finance, they recognised that they could improve the lifestyles and standard of living of their customers.

The principles forged during those early years remain in place at Chasmont Finance - and they still offer hire purchase options though a number of well known Dunedin businesses. The company also offers a flexible range of finance options from $500, with variable personal loans structured to meet individual needs.

For those who may not have an existing credit history it is possible to start with a smaller loan, and once a good credit history is established they can continue to withdraw small loans with minimal fuss or fees.

With a local, friendlier face than bigger finance companies, the more personal approach offered by Chasmont Finance is appreciated by their many customers in the region.

It doesn’t get much more Dunedin than their address - No 1, The Octagon! Come and see Chasmont Finance today for your vehicle finance, personal loans, hire purchase, and revolving credit needs.

Chasmont Finance: 1 The Octagon, Dunedin. Phone 0800 242 766, or see for more information.

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