Around 2010, wine making across the globe hit the doldrums and our celebrated local wine industry was not immune. Many banks asked their New Zealand winery clients to repay their business loans nz and abroad, in full, even though they were not in default.
Following calls for help, we funded three separate wine makers who had reasonable equity but temporarily poor cash flow. This gave the owners valuable time to sell on their own terms or work towards better times and refinance with a different bank.
Today, the efforts of our talented wine makers continue to be rewarded and enjoyed, thanks to the help of our skilled non banking mortgage brokers nz friendly team .