About Flexy
Built to ensure property traders, investors, and developers have flexible and smart lending solutions.
Flexy is founded by Callum McKenzie, a seasoned finance professional with extensive experience in property projects, including renovations, re-clads, major building works, and townhouse subdivisions.
Before founding Flexy, Callum raised private finance for his projects and engaged in vendor financing, recognising the need for flexible finance options. His hands-on approach and keen market insight enable him to assess loan applications effectively, ensuring prudent and secure lending decisions. At Flexy, we are committed to providing the same successful finance solutions to a wider audience of investors.
Questions about how it works? Or want to schedule a meeting?
Step one:
Sign Up and AML Verification:
Complete an investor application form, a legal requirement for Flexy to work with you. This registration does not commit you to invest.
Our compliance partners at AMLHub will verify your AML profile with Flexy at no cost to you.
Step two:
Review investments:
Receive investment options via email, including loan terms (but not details which would identify the borrower) and the suburb of the property.
Confirm your investment by completing the investment agreement for the loan.
Step three:
Deposit and earn returns:
Deposit funds into Flexy’s holding account 2 days prior to the loan advance.
Relax as Flexy manages the investment, including loan disbursement, monitoring, and repayment, while you receive great returns.
How to get finance
Recently funded second mortgages
Loan purpose:
Cash Flow to Meet IRD Tax Arrears Payments.
A construction company had negotiated a payment plan with IRD for outstanding tax, requiring a partial up-front payment followed by monthly repayments. While they had a confirmed pipeline of upcoming projects, income from these jobs wouldn’t arrive in time to meet the IRD deadline. To avoid the risk of liquidation, they secured a second mortgage on the shareholders home, providing cash to make the initial IRD payment and keep the business running.
Repayment Plan: A near-complete project will provide enough cash to repay their short-term equity release.
Interest:
Amount:
$50,000
Loan term:
6 months
Loan purpose:
Relocating a House to Unlock Value.
A client owns a property with a bank mortgage but needed funding to relocate a second house onto the section. They already had land use consent, so Flexy provided funding to complete the physical house move. The client then obtained CCC, allowing the bank to see the property as multi-dwelling.
Repayment plan: Once CCC was complete, the bank accepted their 'as-if complete' valuation and refinanced their short-term project debt at a low bank rate.
Interest:
Amount:
$76,000
Loan term:
3 months
Loan purpose:
Building Materials for a Townhouse Development
A building company locked in a great townhouse project but needed funds upfront to secure materials. Our loan gave them the cash flow they needed to keep the build on schedule, ensuring materials were ordered and work continued without delays.
Repayment plan: the building contract allows monthly milestone payment claims. The loan will be repaid over the 6 month term from business cash-flow, without any early repayment penalties.
Interest:
Amount:
$110,000
Loan term:
6 months
Loan purpose:
Bridging Between Settlements.
A client had sold a property but was waiting on settlement funds. They found their next deal at auction but needed fast cash for the deposit. Flexy provided a short-term loan secured against their equity, allowing them to bid and secure their next property without missing the opportunity.
Repayment Plan: Once their pre-sold property settles, the funds from the sale will be used to repay Flexy.
Interest:
15% interest paid monthly
Amount:
$46,000
Loan term:
3 months
Loan purpose:
Funds to Renovate a Property
A borrower purchased a trade property at a mortgagee sale but needed funds to start renovations. They had already sold another trade property, but the settlement was still pending. Flexy provided an equity release loan, allowing them to begin renovations immediately.
Repayment Plan: The borrower has sold another property with 2 months until settlement, with enough funds to repay Flexy's equity release.
Interest:
15% interest paid monthly
Amount:
$31,980
Loan term:
3 months
Flexy helps with three main things: GST Loans, Equity Release, and Investor Services. GST Loans lower initial deposits for settlement (eg you may only need 20% deposit). Equity Release lets you get cash from your property without changing your main bank loan. Investor Services help wholesale investors earn money by investing in property loans.
You can apply by going to www.flexy.co.nz/contact, and filling the contact form. If you need help, you can call or email Callum McKenzie for personal support: 0212948742 or callum@flexy.co.nz
Flexy is different because we provide another layer of funding after your first lender. We approve loans quickly, often on the same day. Callum McKenzie, Flexy’s founder, has lots of experience in property finance, so you can trust us to make smart and secure lending decisions.
We work fast! Most loans are approved on the same day. We usually advance within four business days, once AML and documents are completed.
The loan amounts depend on the service. For GST Loans, we can fund over 80% LVR when combined with certain lenders. For Equity Release, we can lend up to 80% LVR, with a maximum second mortgage loan size of $150,000. This depends on the location and type of property.
You can contact us by using the form on our website, calling Callum McKenzie at 021 294 8742, or emailing us at hello@flexy.co.nz. We’re happy to help!
Frequently asked questions
What our clients
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