BORROWING

Unlock flexible funding solutions

Leverage residential, commercial, or rural properties as collateral to access flexible funding - no income verification required.

Download Lending Overview
Townhouse Borrowing

About Finbase

Finbase is a trusted non-bank lender, specialising in providing flexible, tailored loans to commercial borrowers. We are 100% New Zealand owned and operated, with our Head Office located in Epsom, Auckland. We provide loan advances of up to $2.5 million, secured by a first-ranking mortgage, without the need for income verification. Our lending is available nationwide, accepting residential, commercial, and rural properties as security

Start at 10.75% p.a

Interest rates

3–24 month

Loan terms

$50,000 to $2,500,000

Loan sizes
OUR PROMISES

A responsible approach

01

Prompt Loan Offers

We typically provide loan offers within 24 hours of receiving an application

02

Rapid Settlements

Our streamlined processes enable loan settlements in under 5 days in most cases.

03

Simplified Requirements

We do not require detailed financial statements or registered valuations in many instances.

04

No Income Verification

Unlike traditional banks, we do not require proof of income, making the process faster and simpler.
Borrow with Finbase

Loan Amounts and Security

We offer loans ranging from $50,000 to $2.5 million, secured by a first mortgage on qualifying properties. Finbase accepts residential, commercial, and rural properties as collateral, providing a broad range of options to borrowers. Please note, however, that we do not accept leasehold properties as security.

Lending Criteria

Finbase offers a straightforward lending approach. Here are the key criteria:

60%
Residential lending
Lending up to 60% of the property’s value
with a dwelling
50%
Bare land, commercial, or rural
‍Lending up to 50% of the property’s value

Loan Terms and Rates

Finbase offers transparent and competitive loan terms tailored to your needs. See the overview below:

  • Loan terms: 3 to 24 months (extensions considered case-by-case)
  • Interest rates: From 10.75% p.a.
  • Lender fees: From 1.5% of loan amount (6-month term). 
  • Documentation fee: $2,500 per loan
  • Monthly administration fee: $30
  • Loan discharge fee: $250

Early Repayment Terms

We offer flexibility for early repayments:

  • Loans repaid within 12 months: 30 days’ interest + $250 admin fee
  • Loans repaid within 3 months: Minimum 3 months’ interest charged
See the full breakdown
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Note: Additional documentation may be requested on a case-by-case basis.

Talk to our team

Jack Patel

Head of Origination
021 746 989
jack@finbase.nz

Pernell Callaghan

Director
021 143 4291
pernell@finbase.nz

Borrowing FAQs

What are second tier lenders?

Second tier lenders, like Finbase, operate outside of traditional banking systems and can offer more flexible loan services. Second tier lending is not subject to the same strict lending restrictions set by the reserve bank, which allows us to provide more tailored solutions and faster approval times.

Who can benefit from using a second tier lender like Finbase?

Professional property investors, developers, property traders, and self-employed individuals who need quick funding without stringent criteria imposed by big banks can greatly benefit from Finbase's services.

What types of loans does Finbase offer?

Finbase offers several types of loans including Bridging Finance, Property Trading Finance, and Equity Release. Each loan type is designed to suit different borrower needs, from short term property trading to accessing additional funds from your property.

Can I get a standard home loan with Finbase?

Finbase offers several types of loans including Bridging Finance, Property Trading Finance, and Equity Release. Each loan type is designed to suit different borrower needs, from short term property trading to accessing additional funds from your property.

I have a bad credit history, can I still apply?

Finbase focuses on the individual deal, not just credit history. If the applicant can demonstrate a clear exit strategy and maintain a good loan-to-value ratio, Finbase will still consider the loan request.

What are the interest rates and lending fees at Finbase?

Finbase's annual interest rate starts from 11%p.a., but the specific rate depends on various factors such as the amount you wish to borrow, your loan term, financial obligations, credit history, and the loan to value ratio of the security you provide. Establishment fees also apply.

How quickly can I get a loan from Finbase?

Finbase prides itself on the speed of its service, with the potential to have a loan ready to settle your deal within 48 hours.

Do you lend money to self employed applicants?

Yes we do. We understand that self-employed borrowers often have difficulty getting approved for a loan from the big banks. Our loan products are short term only, and no income statement is required to approve your application.