Marco Rojas will be linking with Swiss first division club FC Thun - his third club in less than a year.
The All Whites winger has been in negotiations with the Swiss club, who are currently fifth in the Swiss Super League. The move is expected to be confirmed later today, though VFB Stuttgart have not given up on the former A League player of the year and will retain rights to the 23-year-old.
The loan spell with Thun will be until the end of this season.
Rojas has had an unhappy spell at SpVgg Greuther Furth - on loan from Stuttgart - making only three first team appearances - although he has struggled with injuries.
"I always knew it was still going to be tough," he told the Herald on Sunday last of month of life in the German second division with Furth. "It's a pretty tough and physical league [and] it hasn't worked out entirely as I had hoped it."