Answering your lockdown questions

Even before the March 2020 lockdown, Southern Cross Partners was set up to operate fully remotely. It means from kitchen tables and home offices around the country we can keep the business running, whatever the situation.

We’re not financial advisors and in these Covid-times getting good independent financial advice to reassess your personal finances is more important than ever.

But we do find that during every lockdown we get questions about how our business operates and what we offer, so we’ve answered the most common ones for you.

What type of investments do we offer?

• We offer first mortgage secured loans over property
• Loans are provided to borrowers who are looking for a lender to provide a short-term bridging loan
• Our borrowers are varied, and all have unique reasons why they come to Southern Cross Partners. They could be in business or looking for a construction loan, they could want to avoid the hassle of the big banks, need short term bridging loans between properties and everything in between
• Southern Cross Partners are the loan managers and manage all aspects of the loan on behalf of the lender
• It’s these loans that Kiwis invest in. Kiwis don’t invest in Southern Cross Partners. Instead, they choose the specific construction project or residential home loan they want to invest in
• All funds held in a trust account, managed by Loan Investment Trustees Limited

What are the benefits for investors?

• You can choose your investment online from a selection of loans, that all outline the specifics of a loan
• Interest is paid monthly in most cases and compounding interest is sometimes available.
• No registration fees, account fees or management fees
• Every loan is supported by a Registered First Mortgage
• We have the right to issue legal notice and mortgagee sell
• There is the ability to exit investments early using Secondary Market, but conditions do apply

What are the risks?

• All investments have risks and it is at the discretion of the investor to ascertain their own level of risk. That’s why getting independent financial advice is valuable
• It’s also important to acknowledge that past performance is not a guarantee of future activity
• For further information on risks please visit https://www.southerncrosspartners.co.nz/risks/

Not already registered with us? Here's how you can start investing.

1. Complete this application form
2. We then email you a unique login to our website
3. You can then login and choose a suitable loan to invest into
4. You then transfer funds to our Trust Account
5. Your investment begins upon receipt of cleared funds
6. We pay interest monthly to your nominated bank account

Should you change your mind once you have registered with us there are no cancellation fees.

How can I talk to a real human?

Irrespective of lockdown status, if you have any questions, comments, or feedback, you can call us or send us an email. You can reach us on 0800 00 58 43 or investments@scpartners.co.nz.