A private credit fund providing secured loans to profitable New Zealand businesses.PIE Tax Compliant, AIP Approved Fund, Monthly Income.
The Opportunity
Banks tend to focus on property lending, while equity funds target high-growth or early-stage ventures. This leaves many established, profitable New Zealand businesses without access to the flexible growth capital they need — and that’s where NetCredit steps in.
60,000+ Growth Stage Businesses In NZ
$1M-$30M - Annual Turnover Each
$100B - Contribution to GDP
NetCredit
The NetCredit Unit Trust provides investors with access to New Zealand’s private credit market, offering stable, income-focused returns backed by real assets and robust investee company covenants.
The Fund lends to established profitable businesses targeting opportunities where traditional banks are less flexible but strong security and cashflow remain. Each loan is directly originated and actively managed by the NetFunds team using institutional-grade credit analysis and covenant monitoring, with independent trustee oversight and full transparency through regular reporting.
Fund Structure
Legal Structure: Wholesale Unit Trust under the FMC Act
Manager: NetFunds Nominee Ltd (FSP 100992)
Trustee: Covenant Trustee Services
Registrar: Caruso Software Limited
Auditor: KPMG
Regulatory Status:
Wholesale investor only
PIE tax-compliant
AIP Growth Category Approved
Target Returns
Investor Return: OCR + 7% per annum (target IRR)
Distributions: Paid monthly
Minimum Investment: NZD $100,000
Redemptions: After 6-month lock-in, with 6 months’ notice
Liquidity: Diversified portfolio and staged runoff policy
Investments in private debt carry risks, including the potential loss of principal. Past performance is not indicative of future results. NetFunds Nominee Limited (FSP1009920) is a registered financial services provider under the Financial Services Amendment Act 2010.
NetFunds provided structured funding over a 6-month period to support a significant working capital requirement for a large project. The investment was secured by a General Security Agreement (GSA) and a personal guarantee, ensuring strong risk management.
The funding was successfully exited, delivering an impressive 20% return on equity for investors.
Manufacturer Investment Success
Industry: Manufacturing
Current Group Revenue: $40 million+
This client required asset financing for new machinery in order to increase production. NetFunds structured the investment with a GSA & personal gurantee's, which is further supported by a strong positve cashflow.
The investment is currently generating a 12% return, providing both security and strong returns for investors
Tech & Manufacturing Investment Success
Industry: Tech & Manufacturing
Group Revenue: $7M+
A client undergoing an exit from an international private equity firm required short-term working capital to maximise their exit multiple. NetFunds provided funding over three months, delivering a 10% return.
The investment was secured by company shares valued at $10M and a personal guarantee worth $30M, ensuring strong risk protection while supporting a high-value exit.
