Pay Later for rental properties

Fund it now.
Repay from rent.

🏠
The Pay Later solution built for rental property owners and the managers who look after them.

Repairs, compliance, renovations, advertising, holding costs. Access a facility of up to $15,000 and repay from your rental income — nothing to pay upfront, ever.

Apply Now → Get Pre-Approved See your repayments ↓
$15k
Facility available
$0
Cost to set up
12mo
Term
$0
To repay early or exit
For Property Managers
Property management feels harder than ever. And a lot of that comes down to one thing.

"Tenants want things fixed fast. Properties need to stay compliant. And your landlords don't always have the cash ready to go."

When landlord funds aren't there, repairs get delayed. Small issues become expensive ones. Properties slip below standards and those conversations start getting uncomfortable. Property Credit removes that bottleneck entirely — and gives your landlords the choice of how they pay.

Landlord payment options — their choice at checkout
💳
Credit Card
Visa or Mastercard. Settled immediately, no admin for you.
01
🏭
Bank Deposit
Direct transfer. Confirmed on clearance. Same seamless experience.
02
📈
Pay Later
Property Credit funds the expense. Landlord repays from rental income over time — nothing out of pocket today.
📈 Cashflow-friendly option
03
✓
You get paid regardless. Whichever method the landlord chooses, funds go directly to the contractor. No delays, no chasing.
✓
All payments through one process. Maintenance, compliance, advertising, leasing fees — every expense run through the same platform.
✓
Free for property professionals. Sign up at no cost. Share it with your portfolio and we handle the rest.
Sign up free for property professionals →
How the payment flow works
📝
Expense or maintenance raised
Repair, compliance job, advertising — anything.
↓
📱
Payment request sent to landlord
PM sends via Property Credit. Landlord gets a link.
One click
↓
🤔
Landlord chooses how to pay
Credit Card, Bank Deposit, or Pay Later.
Their choice
↓
💳
Contractor paid directly
Funds go straight to the tradesperson. Job closed.
No invoice chasing
Two ways to use it
Maintain your rental. Grow your return.

One Pay Later facility. Use it to keep your rental compliant and well-maintained, or invest in upgrades that lift your weekly rent.

🔧
Maintain your rental property
Keep your investment compliant, safe, and running smoothly without waiting on available funds.
🚽
Hot water, plumbing & HVAC
Replace failing systems before a minor fault becomes a major expense.
Protect asset value
✅
Compliance & safety
Healthy Homes NZ, smoke alarm standards, electrical safety. Stay ahead of requirements.
Avoid fines
🏗
Repairs & maintenance
Fencing, roofing, weatherproofing, insulation. Deal with it before it escalates.
Most common use
📣
Advertising & leasing fees
Cover tenant advertising costs and PM leasing fees when a property turns over. Get it re-let without the out-of-pocket hit.
Vacancy cost relief
📜
Insurance & holding costs
Body corporate, land tax, insurance. Pay now and take advantage of early payment discounts.
Cashflow relief
Fund maintenance →
📈
Grow your rental returns
Smart upgrades that lift weekly rent, reduce vacancy periods, and attract quality long-term tenants.
🎨
Interior refresh
Fresh paint, updated fixtures, modern lighting. A refreshed interior commands a higher weekly rate.
Highest ROI
🪓
Flooring & kitchen updates
Replace tired carpet or dated kitchen surfaces. Justify a stronger asking rent immediately.
Tenant magnet
🌿
Outdoor & kerb appeal
Landscaping, decking, fencing. First impressions set the tone for the calibre of tenant you attract.
Reduce vacancy
📢
Tenant marketing
Professional photography and premium listings to fill the property faster at the right price.
Fill it faster
Fund a renovation →
Results
Investors who used Pay Later for their rental property

Three scenarios. Same outcome: property sorted, savings intact, repaid from rent.

MaintenanceAuckland
Michael — Auckland investor
Repair funded same day
The problem
Hot water system failed on a Friday afternoon. Tenant called. I had the cash but it was tied up in another property purchase and I didn't want to move it.
Pay Later solved it
Applied Friday evening, approved Saturday morning. Funds went directly to the plumber. Tenants had hot water by Monday. Repaid over four months from rental income.
Total funded
$2,840
Savings intact
Rental returnsBrisbane
Lisa — Brisbane landlord
Rent increased $70/week
The problem
My property manager told me a kitchen and flooring refresh would lift my rent by $60–$80 per week. The money was there eventually, but I didn't want to wait.
Pay Later solved it
$8,500 facility approved fast. New vinyl plank flooring and kitchen refresh done in two weeks. Property re-let at $70/week more. Facility repaid in just over three months from the increased rent.
Total funded
$8,500
+$70/wk rent
ComplianceWellington
Priya — Wellington PM
14 properties sorted on time
The problem
Healthy Homes deadline approaching. Several landlords in my portfolio needed compliance work but kept stalling because they didn't want to put up cash before the next rent payment.
Pay Later solved it
Introduced Property Credit to the portfolio. Landlords applied, chose Pay Later at checkout, and the compliance contractors were funded directly. Zero chasing for payment.
Properties compliant
14 of 14
On time
Repayment estimator
See how your rent covers it

Enter your weekly rent and adjust the facility amount. See how the principal repayment sits alongside your rental income.

Your weekly rent
$
How much do you need?
$ ✎
$500$15,000
Repayment term
Over 6 months
1 month12 months
Pay Later facility
$15,000
Maximum facility term
12 months
Your monthly rent income
$2,167
Estimated monthly principal repayment
$833
Remaining monthly rental income
$1,334

Principal only. A monthly cost applies on drawn balance — apply to see your personalised rate. Indicative only. Subject to approval and responsible lending criteria.

Apply for this facility →
How it works
Simple from day one

Three steps between a rental property expense and getting it funded.

01
Apply in minutes

A short online form covering your rental property and expense details. Our assessment is equity-based, so the focus is on your property — not your credit file.

02
Approved & funded fast

Subject to receiving all necessary information, approvals are fast. Funds go directly to your supplier or contractor — not through your account.

03
Repay from rental income

Choose weekly, fortnightly, or monthly repayments to match your rent cycle. Repay early at any time with no exit fees and no penalties.

For property investors
More than a one-off fix. A flexible facility.

Set up your facility once and draw on it whenever a property expense arises throughout the year — without re-applying each time. Think of it as a revolving line of credit for your rental portfolio, secured against your property equity.

🔄
Draw as you need, repay as you go
One approved facility covers multiple expenses across the term. No new application required for each draw.
📈
Leverage equity without refinancing
Put your property equity to work maintaining and improving your asset, without adding to your mortgage.
🔒
Equity-based assessment
Approval is based on your property's equity position. The focus is on what your property is worth, not your credit file.
📋
Annual interest statement for your accountant
At year end, Property Credit provides a statement of total interest paid on your facility. Hand it directly to your accountant at tax time.
📄
Annual facility statement
Ready for your accountant at year end
Property14 Anywhere St
Financial year1 Jul — 30 Jun
Facility draws3 transactions
Total drawn$12,300
Total repaid$12,300
Interest paid (FY)$XXX.XX

Interest paid on investment property expenses is generally deductible in Australia and New Zealand. This is general information only — confirm your specific circumstances with a registered tax adviser.

Set up your facility →
What clients say
Results from property owners

Verified reviews from Property Credit clients across Australia and New Zealand.

Common questions
Frequently asked questions
What does Pay Later mean for rental properties? ▼
Pay Later means Property Credit funds your rental property expense upfront and you repay from your rental income over time — up to 12 months. You choose the repayment frequency that matches when rent comes in.
What does it cost to set up? ▼
There is no cost to set up your facility. Fees are only charged when you draw on the facility, meaning you can have approval in place before you even have an expense.
How is my application assessed? ▼
Property Credit uses an equity-based assessment. Our funding is secured against your rental property, so the focus is on the property's equity position.
How quickly can I get approved and funded? ▼
Subject to receiving all necessary information, approval can be granted quickly. Funds are provided directly to your supplier when required.
Can I use the facility across multiple expenses? ▼
Yes. A one-time facility setup gives you ongoing access to draw against as expenses arise throughout the year — no re-applying for each separate expense.
Is the interest tax deductible? ▼
Interest paid on investment property expenses is generally tax deductible in both Australia and New Zealand. Property Credit provides an annual statement of interest paid for your records. Confirm your specific circumstances with a registered tax adviser.
Get started today
Your rental property.
Your Pay Later facility.

Set up before you even have an expense. Free to arrange — fees only when you draw.

$0 facility setup Equity-based assessment Fast approval No exit fees
Apply Now → Call 1300 829 536