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:

  • Residential property development
  • Commercial property development
  • Property investment
  • Business owners and operators
  • Tourism ventures

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.

Indicative Lending Term

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)

Process

Assessment

Normally, we will ask following for risk assessment for different loan type

  • Project feasibilities and budgets
  • Sale & purchase agreements
  • Valuations (not always necessary)
  • Building plans and consents
  • Construction contracts and tenders
  • Commercial leases
  • Pre-sales estimates
  • Background of borrower and main contractor
  • Exit strategy

Talk to our BDM

Phone:0800 160 116

Email:info@onelend.co.nz

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    For further information please contact

    Phone: 0800 160 116          Physical Address: 642 Great South Road, Ellerslie, Auckland 1051

    Email: info@onelend.co.nz         Postal Address: PO Box 17 163, Greenlane, Auckland, New Zealand

    Contact us

    For further information please contact

    Phone: 0800 160 116

    Physical Address: 642 Great South Road, Ellerslie, Auckland 1051

    Email: info@onelend.co.nz

    Postal Address: PO Box 17 163, Greenlane, Auckland, New Zealand

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