100% finance is no small feat

Most lenders want to see serious equity on the table. Without it, the door usually shuts quickly. This project needed $12 million to build 12 terraced houses in Queenstown Central, starting with just $400,000 in equity.

On numbers alone, most lenders would have said no.

But this wasn’t just numbers.

The developer was experienced. They’d been let down by another finance company earlier, but came to Atlas through a referral from another Queenstown client. That relationship meant the conversation began with trust.

They’d already committed to a qualified local construction company. The NZS3915 contract was signed. Tranche one was due and had to be paid urgently to keep the site moving.

Missing that payment would have damaged their reputation, and in Queenstown’s close-knit market, that can be costly.

We swept the market, drawing on years of lender relationships to find the right fit.

This wasn’t about ticking boxes. It was about matching a strong developer and a credible project with a lender who saw the bigger picture.

The outcome?
✓ $12 million fully funded against a $21 million value
✓ Client on track to proceed
✓ Six presales already secured via Richie Heap at Colliers Queenstown

What looked impossible on paper is now a live development, a strong site in one of New Zealand’s most competitive markets.

100% finance is rare.

But when the project is sound, the team is credible, and the network is broad enough, it can be done.