Wholesale
Williams Corporation Capital Limited

Williams First Mortgage Fund

Residential Development

Register Interest

WARNING

The law normally requires people who offer financial products to give information to investors before they invest. This information is designed to help investors make an informed decision.

If you are a wholesale investor under the definition of that term in clause 3 of Part 1 Schedule 1 of the Financial Markets Conduct Act 2013, the usual rules do not apply to offers of financial products made to you. As a result, you may not receive a complete and balanced set of information.

You will also have fewer other legal protections for these investments. Ask questions, read all documents carefully, and seek independent financial advice before committing yourself..

Transaction Size
NZD 10,000,000.00
Share Price
Minimum Investment
NZD 100,000.00
Issue Type
Residential Development
Sector
Residential

The directors of Williams Corporation have created Williams Corporation First Mortgage Investments Limited to enable wholesale investors access to first ranking mortgage investments, in denominations of a minimum $100,000. This differentiates this opportunity from the Williams Corporation group's other offering, Williams Corporation Capital Limited. where the minimum is $750,000 and the investment is secured differently.

Investments raised by the Company will fund (by way of loans) residential property developments by trading entities related to Williams Corporation.

Williams Corporation was founded by Matthew William Horncastle and Blair William Chappell in 2012 and is a property developer that produces high quality homes in existing suburbs, close to environments where people can live, work and play, perfect for homeowners and investors alike.

Their high quality, affordable product is in extremely high demand and is delivered in industry leading timeframes from a low overhead model producing consistent margins. Williams Corporation is one of the largest residential developers in New Zealand. 

The directors, Matthew Horncastle and Blair Chappell, come from strong property families. They have owned and operated businesses for 8 years and have been successful property developers for over 5 years. Kathryn Marshall, the general manager, has been a successful residential property developer for over 30 years.

The Offer

The Offer is for Class A Redeemable Preference Shares (Class A Shares) issued by Williams Corporation First Mortgage Investments Limited (the Company). The Offer will only be made to “wholesale investors” as defined in Schedule 1 of the Financial Markets Conduct Act 2013 (FMC Act)).

Security and credit enhancement

Loans to the company will be secured by::

  • A Registered First Mortgage over the relevant development property held by the trading entity
  • Security (by deed of assignment), over pre-sales for units i the development being funded;
  • Personal Guarantees from directors Matthew Horncastle and Blair Chappell and
  • Company Guarantee from Williams Corporation Limited

Returns

Gross return offered is 10% per annum, paid quarterly.

Register Interest

Click on the Documents tab and you will see a copy of the current Williams Corporation First Mortgage Investments Limited Information Memorandum.  

To Register Interest in this issue, click on the button and a representative from Williams Corporation will be in contact with you.

William Corporation - First Mortgage Fund - Information Memorandum
April 30, 2020
30/4/2020

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