Presale Underwrites

Reduce or eliminate the need for pre-sales

As your underwriter, ASAP Finance will agree to purchase a certain number of properties from a developer at a mutually agreed price. If those properties are not sold by a specific date, ASAP Finance will settle the underwritten properties at the price agreed.

Rather than eating into profits by pre-selling properties at a reduced rate just to complete the project, you can sell at full market value thanks to your underwrite agreement with ASAP Finance. This is helpful for securing mainstream bank finance for your building or development project.

Underwrite Criteria
  • Minimum Amount: $5 million
  • Maximum Amount: $50 million
  • Underwrite Price: 65% – 80% of market value
  • Underwrite Fees: 4% – 5% plus brokerage
  • Property Type: Sections, houses, apartments, town houses and bare land

A trusted underwriter by New Zealand’s mainstream banks

Having worked with most of the trading banks in New Zealand, ASAP Finance is a known and trusted underwriter that banks can rely on to perform should the need arise.

Other Loan and Finance services

Development & Construction Loans

Development finance is our bread and butter. The bedrock of ASAP Finance is helping Kiwi developers with securing finance to get their development projects out of the ground, having reviewed thousands of transactions and facilitated over $3 Billion in lending to the NZ market.

Commercial & Industrial Loans

If you are planning on buying a residential or commercial investment property, then you need an investment property loan. Not all complex problems require complex solutions; our team of experienced lending managers will work with you to create a simple solution, specific to your needs.

Bespoke Investment Loans Settled Quickly

ASAP Finance is the ideal place for those needing to accelerate commercial acquisition time frames and maximise return on equity through tailored commercial property loans across NZ.

Bridging Finance Structured for Your Needs

ASAP Finance offers a wide variety of bridging loan solutions for borrowers all over New Zealand. Cashflow timing gaps are natural occurrences in business; bridging these gaps can be the difference between securing your next big project or sitting on the side-lines.

Land Bank Loans for Undeveloped Land

Undeveloped land rarely generates income, and we understand how hard it is to buy land with little cash flow. If you’re wanting to secure finance to purchase undeveloped land, you’ve come to the right place.