Offer for Investors:
Investors choose individual loans from an online investor portal, each secured by a registered first mortgage over New Zealand property. Interest is paid monthly with no fees deducted, and an On-Call account earns 1.00% p.a. on uninvested funds. SCP funds each loan itself before listing it on the portal, ensuring only pre-approved, vetted opportunities are made available. Both retail and wholesale investor options are available, with all loans fully managed by SCP on investors’ behalf throughout the loan lifecycle.
Offer for Fundraisers (Borrowers):
- Short-term, non-CCCFA bridging finance available for investment property, development & construction, commercial, lifestyle blocks, and bare land.
- Loan terms from 3 to 24 months (6–18 months for construction); maximum loan of NZD $6 million for investment property.
- LVR up to 80% for investment property; up to 60% for commercial, lifestyle, and land; up to 70% of completed value for construction.
- Lender fees from 1% (investment property) to 2.25% (development & construction), assessed on a case-by-case basis.
- Bespoke lending solutions available; applications sourced via a nationwide network of mortgage advisers and brokers.
- Personal loans are not offered.
Both retail and wholesale investors are accepted; the wholesale investment option is available for qualifying high-net-worth individuals.
Platform is focused on New Zealand investors; no explicit international access is mentioned.
For investors: no setup fees or ongoing fees; interest payments are made in full with only tax deducted. A small margin is retained by the platform and disclosed within each loan offering.
For borrowers: lender fees from 1% to 2.25%, depending on loan type.
Southern Cross Partners offers to invest in various crowdfunding opportunities from the Real estate, Mortgages sector.
At Southern Cross Partners, you can start investing with NZ$10,000.
The investment models Southern Cross Partners operates is Debt, P2P lending.
