Basecorp Finance

Office address: 467 Anglesea Street, Hamilton Central, Hamilton 3204
Website: basecorp.co.nz
Year established: 1997
Company type: financial services
Employees: 12+
Expertise: non-bank mortgage lending, first mortgage specialist, residential property finance, commercial property lending, short-term mortgage advances, long-term mortgage solutions
Parent company: N/A
Key people: Warren Mayall (managing director), Craig Rolls (head of lending), John Moody (CFO), Nigel Wilton and Shaun Thorndike (senior lenders), Hayley Clarke (administrator)
Financing status: N/A

Basecorp Finance is a major non-bank lender based in Hamilton, with assets over $1 billion. The company helps Kiwis buy homes by offering flexible mortgage options and clear terms. Basecorp is known for fast approvals, tailored loans and strong ties with advisers and investors.

History of Basecorp Finance

Basecorp Finance began its journey in 1997, starting out with vehicle finance and short-term mortgage advances. Over time, the company shifted its focus and became a first mortgage specialist to serve a broader range of New Zealand borrowers. The company has consistently followed responsible lending practices and legislative requirements.

Growth and new partnerships

In 2021, the firm experienced rapid growth as changes in the lending market and new regulations opened doors for non-bank lenders. The company introduced new investors and stated that it prioritised honest and transparent relationships with them. During this period, Basecorp surpassed $1 billion in loans.

Funding milestones and market expansion

In 2022, Basecorp Finance borrowed $250 million through a residential mortgage-backed securities issue. The lender stated this was its second major deal of the year, making it the first Kiwi non-bank to complete two such deals in one year since the 2008 financial crisis. This milestone reflected the growing maturity of the non-bank sector and the strong housing market in New Zealand.

Basecorp Finance’s commercial lending

In 2024, the firm launched a commercial mortgage product with a funding partner. The loan covers retail, industrial and office properties with terms up to 20 years. This move expands Basecorp’s non-bank lending beyond residential mortgages.

Basecorp Finance products and services

Basecorp provides lending solutions for a range of property needs in New Zealand. The company’s core offerings include the following:

Residential lending

  • home loans for owner-occupiers: finance for people buying their own home
  • investment property loans: loans for purchasing residential investment properties

Commercial lending

  • commercial property loans: funding for retail, industrial and office properties

Basecorp Finance’s products are designed to meet a variety of property finance requirements for both individuals and businesses. The company can fund loans up to $2 million as standard, with the option to consider larger amounts based on the situation. Borrowers can access up to 80% LVR, making it easier to secure property finance without a large deposit.

Company culture and values

Basecorp Finance states that its workplace culture is shaped by a set of guiding values and a focus on property solutions. According to the company, these values influence how it works with advisers and customers each day:

  • flexibility
  • transparency
  • speed
  • fairness
  • excellence and ongoing learning

Advisers working with Basecorp Finance experience efficient processes and direct access to decision-makers for support. The company uses a single solicitor, offers upfront payment with no clawback, and takes a flexible valuation approach. Advisers keep control of their client relationships, while Basecorp provides lending expertise and long-term partnership.

About Managing Director Warren Mayall and key people

Warren Mayall is the managing director of Basecorp Finance and leads the company’s growth and new offerings. He previously served as general manager, showing his long-term commitment to the business. Mayall’s background includes years of experience in finance and lending.

The key staff at Basecorp includes experienced professionals who play key roles in the company’s operations:

  • Craig Rolls works as head of lending, bringing over 26 years at Basecorp Finance and past experience as business manager at Marac Finance
  • Shaun Thorndike serves as senior lender, specialising in non-bank lending for clients outside standard banking
  • John Moody acts as CFO, named among the World’s 100 Best Mortgage Leaders for 2024
  • Nigel Wilton works as senior lender, known for practical lending solutions and adviser support
  • Hayley Clarke serves as administrator, supporting daily operations and adviser communications

Basecorp’s key staff are focused on responsible lending and meeting compliance standards in the non-bank sector. Their experience helps the company maintain strong relationships with banks, investors and advisers.

The future at Basecorp Finance

Basecorp Finance sponsored the 'Best Customer Service of an Individual Office' award at the 2025 New Zealand Mortgage Awards. Craig Rolls, head of lending, noted that customer service was a key theme of the night and important for both advisers and lenders. This shows that the firm understands what matters in lending and helps the company remain a leader in the non-bank market.

The company also reported increased activity in both residential and commercial lending as interest rates fell earlier in 2025. CFO John Moody noted that investor confidence was returning and more property transactions were taking place. This shift has positioned Basecorp Finance for ongoing growth, supporting advisers and clients as they navigate a changing property market.

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