INNO Capital

INNO Capital was launched in 2015. Although, the service is fairly new but standing behind INNO Capital are brothers John and Michael Chow and Clint Webber of Webber Capital.

John and Michael Chow own a large and growing property portfolio in New Zealand and Webber Capital is an experienced and established finance house. It was launched to combine the funds, experience and international funding relationships of John and Michael Chow and Webber Capital. Together, we plan to develop INNO Capital into a leading private funder in New Zealand.

We fund start-up and mid-stream commercial ventures

INNO Capital will look to provide business loans to start-up and mid-stream commercial ventures where we see the developer as having the skills and passion for completing the project on budget, and on time, or get distressed ventures back on track. We can tailor funding lines from $1M to $50M, if any project is too big even for us, we have partnerships with international funders who can undertake joint-venture financing with us.

What do we do? That’s easy – we lend money.

But let’s be clear, we are not a bank. INNO’s focus only on clients that were not able to obtain bank finance. Banks may be happy to lend to completed property developments but even getting first mortgage loans on new or partially completed developments can be difficult.

Over 60 years of combined experience

We might be a new player in the New Zealand business loan market but we have over 60 years of combined experience in the financial services industry in New Zealand and offshore.

Preferential terms of the loan

• First mortgage funding of up to 75% of valuation to purchase
• residential/land/commercial buildings/development lending;
• Up to 18 months;
• Interest rates starting as low as 8%;
• Loan fees 2%;
• Personal guarantees of the principals;
• General security agreement/secured home loans over the borrowing
• Entity/landowner;
• No presales required (subject to location);
• Maximum loan amount of $8.0 million per borrower; and
• Subject to formal board approval.