Funding trading

Peishi asks:
(updated on Monday, March 09th 2020)

My wife and I have been investing in property for several years. We mainly buy and hold and have a couple of properties in Auckland. We are now interested in part time property trading to increase cash flow. What’s the best way to fund trading? Bank lender or non-bank lender? Are non-bank lender interest rates significantly higher than bank special rates? We are both working with combined income of over $200,000.



Our Experts Answer:

I need to know more about your position and plans to be able to advise correctly. You have a good combined income so there is a strong chance you may be able to bank fund. However, with a tighter bank market, we are non-bank funding a lot more traders these days. Non-bank costs vary greatly depending on your position, the percentage of deposit you can put into a deal and how long you are wanting the funds for. You will also find difference in costs often if you are looking to do a basic cosmetic renovation versus more of an actual construction / development project. If we can assist further please don't hesitate to get in touch at

Heartland Bank - Online 1.99
Kainga Ora - First Home Buyer Special 2.25
ICBC 2.45
HSBC Premier 2.45
Westpac Special 2.49
The Co-operative Bank - Owner Occ 2.49
TSB Special 2.49
ANZ Special 2.49
Kiwibank Special 2.55
SBS Bank Special 2.55
AIA 2.55
Heartland Bank - Online 2.35
SBS Bank Special 2.49
HSBC Premier 2.60
ICBC 2.65
China Construction Bank Special 2.65
TSB Special 2.65
The Co-operative Bank - Owner Occ 2.69
AIA 2.69
Westpac Special 2.69
ANZ Special 2.69
ASB Bank 2.69
HSBC Premier 2.89
SBS Bank Special 2.99
The Co-operative Bank - Owner Occ 2.99
AIA 2.99
Westpac Special 2.99
BNZ - Classic 2.99
ICBC 2.99
ASB Bank 2.99
China Construction Bank Special 2.99
Kiwibank Special 3.19
TSB Special 3.19
Heartland Bank - Online 2.95
Resimac 3.39
Kiwibank - Offset 3.40
Kiwibank 3.40
Kiwibank Special 3.40
Bluestone 3.49
ICBC 3.69
Heartland 3.95
The Co-operative Bank - Owner Occ 4.40
The Co-operative Bank - Standard 4.40
Kainga Ora 4.43