ASAP Finance

ASAP Finance is a market leading non-bank lender. We offer hassle free development funding solutions. We are able to waive most of the pre-drawdown conditions that developers generally encounter with bank funding. This helps you turn your vision into reality. Keen to learn more? Get in touch with the team for a chat about our hassle free finance solutions. ☎️ 0800 272 756 or ✉️ info@asapfinance.co.nz

We are honored to be named the #1 non-bank lender for 2024 by Lateral Partners Limited. Collaborating with Ben Pauley and his team since their inception has been a rewarding journey, and it’s been a pleasure arranging development funding solutions for their clients. We'll be working hard to ensure we hit the number spot in 2025!

When the property market faces a downturn, it can often lead to settlement defaults. In this case, swift action is essential. Issuing a timely settlement notice is one option to protect your legal position and facilitate a smoother resolution process. At ASAP Finance we have the experience and knowledge to help navigate financing issues around projects. For a deeper dive into navigating settlement defaults, explore our blog post by clicking below.

No matter where you are in New Zealand, our professional team is committed to providing flexible financing options tailored to your specific needs. Whether you're in busy urban centers or rural areas, we're here to support your development projects. Contact us today to experience the convenience of our expertise, no matter where you're located. 👍

As a non-bank lender, ASAP Finance offers distinct advantages over traditional bank and near bank lenders. Our flexibility in eligibility criteria and loan structuring sets us apart. Add to that our streamlined approval process which ensures swift access to funding without unnecessary hurdles.👍 If you're looking for financing tailored to your project's unique needs, our team is ready to help. Contact ASAP today. https://lnkd.in/gTcWXJzW

We're thrilled to embark on our 10th project together with one of our valued clients! This latest development marks another milestone in our journey of collaboration and trust. The development comprised of 44 townhouses located in premium inner city suburb in Christchurch . We tailored a flexible solution to meet our client's unique needs - the loan facility was provided with no pre-sales, no QS appointed to the project, and no fixed price construction contract in place. The facility was also structured to allow for interest-only repayments, which is unusual for a development facility this scale, but was a priority for the client who wanted to have flexibility with cashflow. Big thanks to our incredible client for entrusting us once again to bring their vision to life. Here's to many more successful ventures together! 🙌

The development market needs a deft hand at present. Our Lending Manager at ASAP Finance, Ben Friedlander was recently interviewed by NZ Adviser where he discussed the state of the market. The need for developers to pivot based on the current interest rate environment was an important feature. Click below to read the full article.

Are you looking to navigate the New Zealand property market in 2024? At ASAP Finance we have put our thinking caps on to outline the challenges and opportunities for developers. The mix of data presents a complex picture, making it difficult to discern a clear market direction. Our 2024 update aims to outline the key facts. We then offer some insights to navigate the property development sector. Click below to read the full article head on our website. 👇

The RBNZ is proposing new DTI restrictions on mortgage lending to ensure financial stability and to support a sustainable property market in New Zealand. For investors, it's proposed that a limit of seven times income will apply for bank lending. The impact of this is expected to be limited, as banks are currently lending within these limits, and banks can still write a certain percentage outside of these limits. Also, developers may actually benefit from this as new builds are exempt. Understanding these changes is crucial for informed investment decisions. We can navigate these changes, and help structure deals that will enable you to enjoy long-term success in the property market. Chat to us, we're the experts in property development finance! ✨

Our loan terms range from a minimum of 3 months to 12 months. In some instances, if a longer term is needed, we can look to extend the term of the loan to enable the project to be completed. When establishing a loan facility, we already recommend taking a term that allows for some contingency or delay to your development program. Every project is unique, that's why we pride ourselves in offering a flexible, supportive service tailored to the best outcome for our clients. 🙌 Finding out more is easy, click below to get in touch.