Who are BondHub?
BondHub are a family owned, West Auckland based business who have established trusting relationships with a variety of Kiwi based lenders for both personal lending and business lending.
What do BondHub do?
BondHub link applicants up with the right lender for their needs based on their loan type, credit profile and whether you are a personal customer or business customer. We specialise in getting you the funds you need for a bond, whether that be a new home or a new premise.
What fees and interest rates are there?
Personal loan customers
We work with a variety of lenders and your interest rates and conditions are largely determined based on your credit profile and which lender you end up using. The range of interest rates available vary between 14.95% and 35.5% p.a. A monthly fee of $10 applies once loans are drawn down and the lenders charge a processing fee between $125 and $530. BondHub charge a fee of 10% of the value of the loan. Default fees and early repayment fees may apply.
We work with a variety of lenders and your interest rates and conditions are largely determined based on your credit profile and which lender you end up using, but the range of interest rates available vary between 7% and 16.95% p.a. BondHub gain a referral fee for the transaction but this set by the lender and varies based on the lender and the loan. But, for example, on an loan between $10,000 and $50,000 from one bank, the referral fee BondHub receives is $250.
What loan terms are available to me?
Personal loan customers
Loan terms available from 3 months to 10 years, with a minimum loan of $1,000.
Business loan customers
Loan Terms from 3 months to 5 years with a minimum loan of $10,000.
What if I have bad credit or am on a benefit?
Each application is assessed on a case by case basis. Even with bad credit we might still be able to get a loan for you. If you would like to discuss your particular situation please contact us.
Can I get a loan if my business is a start-up?
We work with a network of bank and non-bank lenders who all have differing criteria for business so can usually find a solution for our business applicants. It is definitely worth applying online or phoning us to discuss your needs further.
How do I access the funds once my loan is approved?
Once the application is approved and all of the formalities are complete, the funds will be deposited into your account within 24 hours, and often even sooner – on the same day.