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Newly Established Residential Real Estate Construction Company Seeking Loan in Auckland, New Zealand

Company that provides construction finance for residential development seeks funds for new construction projects.
This Business is on a Premium Plan
Established 0-1 year(s)
Employees 10 - 50
Legal Entity Limited Liability Company (LLC)
Reported Sales Nil
Run Rate Sales Nil
EBITDA Margin Nil
Industries Residential Real Estate Construction
Locations  Auckland
Local Time 3:02 PM Pacific / Auckland
Listed By Business Owner / Director
Status Active
Overall Rating
Seeking Loan
USD 4.3 million for 9.0% annual interest, 1 year (Native Currency: NZD 7,000,000)
Reason: Need a loan for capital growth. This fund will be utilized for the development of a residential pro... View More
Collateral Available: USD 4.5 million
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Company Extract
Business Overview

Another construction management company has 18 concurrent projects with an aggregate market valuation of $226 million NZD, all of these projects are currently funded by mostly different funders. It is intended to have all of this funded by this new business once the funds are available from the investor.

Obtaining key investor/lender is the key milestone for this business's growth.

We have the projects underway for an immediate $27.74M investment with a potential up to $100M if investor demand requires.

Once this is secured, we will be able to add another $100M in 12-18 months by taking on additional projects that meet the profit margin and risk profile criteria.

We have 7 ongoing projects under a different company and we will utilize this fund for the completion of those projects.

We will lend this money to another business owned by the same promoter to generate profit.

Our skilled team of project managers oversees the project during each critical phase to ensure the project is delivered on time and within budget.

Products & Services Overview

As a service, we create efficient investment avenues for wholesale investors within the residential construction space.

The residential development sector is very active with daily inquiries seeking project funding ranging from $2 - $7 million for a 14 - 16 month period.

All our investment opportunities are project managed by another company owned by the same promoter to ensure project success.

Assets Overview

This business does not have any assets.

Facilities Overview

Business has 2 rented offices at the center of Auckland.

Capitalization Overview

Currently sourcing development funds from general market available second tier lenders the introduction of alternative funding from wholesale investment will enable increased growth to key stakeholders.

Business does not have any loans.

This is a recently started business and it has a single owner.

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Disclaimer: SMERGERS is a regulated marketplace for connecting business sell sides with investors, buyers, lenders and advisors. Neither SMERGERS represents nor guarantees that the information mentioned above is complete or correct.
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