Auckland Commercial Developer

Using a Commercial Broker Strategy to Reduce Finance Costs by $100K+

An Auckland property developer and business owner was ready to move on his next project. He had built a strong portfolio over the years, holding more than $50 million in assets across New Zealand, Australia and the United States. Yet when it came time to arrange finance, things didn’t stack up as easily as expected.

On paper, he looked asset-rich, but his income didn’t fit the bank’s usual criteria. The only offer on the table came from a non-bank lender with high rates and a $50,000 fee. Understandably, he was hesitant.

After speaking with his lawyer, he was introduced to Finance Link. Once the team reviewed his situation, they saw that the issue wasn’t the numbers but how the application was framed. By restructuring it as a commercial deal instead of a residential one, new lending options became available.

Finance Link prepared a clear proposal, tendered across several banks and negotiated preferred terms. The outcome was $6 million in approved funding, over $58,000 in annual interest savings and about $50,000 saved in fees.

This experience showed how the right structure and approach can completely change the outcome. Sometimes, progress comes from looking at the same numbers with a fresh perspective.