Requests for Rural finance are increasing, and this can be for the larger hobby lifestyle home and land blocks, right through to working farms of a significant size.

With Kim, the Director on NonBk Ltd, having been born close to Gatwick Airport in London and then living most of his life in Auckland, he never claims to be an Agri Specialist.

But in the current financial climate he is being contacted by a number of new clients who are in the farming industry and are struggling with their current Bank, who they may have been with for decades. Bank concerns may be profitability, they think land is better suited for an alternative use, or they require additional security or a sell down.

Non Bank has a number of lenders who will look at finance at 50-60%, dependent on location and case by case circumstances. Over recent times they have built up connections with rural valuers, rural advisers and stock funding specialists.

If you are looking for a solution that gives you time to make some changes, that may then work better for a Bank then contact us.