We have a sizeable number of Investors who can commit to capital funding for business and professional people who seek to raise funds against their property for commercial activity. We only provide credit for commercial, business and investment purposes.
Our credit assessment criteria seeks to gain a full understanding of the nature and purpose of all project and ensuring that the security being offered is verified by way of a formal valuation. Additionally, the borrowers’ credit worthiness and ability to service the loan must be confirmed and to the satisfaction of OneLend.
It is expected that borrowing demand will come from a wide span of business activity, including:
All borrowers must meet OneLends’ application and eligibility criteria, which includes detailed background and identity checks.
Borrowers must also satisfy the minimum standards in accordance with the OneLend Anti Money Laundering and Countering of Financial Terrorism Policy.
Loan Size: up to $50.000m
Term: up to 24 months (extension possible)
Rate: from 6.95% p.a. to 13.95% p.a
Fee: from 2% (excludes brokerage commission)
Normally, we will ask following for risk assessment for different loan type
Phone:0800 160 116
Email:info@onelend.co.nz