Re-finance existing land debt – Waikato

Re-finance existing land debt – Waikato

Re-finance existing land debt – Waikato Loan Amount: $3.4M Interest Rate: 11.5% p.a. Loan Term: 12 Months Location: Waikato Background Loan Purpose: To re-finance an existing land debt planned for a 3.2ha lifestyle block development. LVR 50.9% The borrower is...
Development Re-finance – Canterbury

Development Re-finance – Canterbury

Development Re-finance – Canterbury Loan Amount: $4.3M Interest Rate: 11.0% p.a. Loan Term: 12 Months Location: Canterbury Background Loan Purpose: To re-finance an expired loan facility to support the planned development of a state-of-the-art grain processing...
Residential Subdivision – Waikato

Residential Subdivision – Waikato

Residential Subdivision – Waikato Loan Amount: $5.6M Interest Rate: 9.5% p.a. Loan Term: 12 Months Location: Waikato Background Loan Purpose: To assist with the purchase of land for a 65-lot, high-density, sub-division. 59.7% LVR reducing to 48.2% LVR after...
Land Subdivision – Canterbury

Land Subdivision – Canterbury

Land Subdivision – Canterbury Loan Amount: $1.8M Interest Rate: 9.25% p.a. Loan Term: 12 Months Location: Canterbury Background Loan Purpose: To assist with the purchase of 10 residential sections. 52.47% LVR (on-completion). All 10 house and land packages were...