Building with confidence: How Section2 found the right banking partner
For Whanganui-based construction company Section2, every project starts with a vision.
Whether it’s developing land or building new homes, turning that vision into reality takes careful planning, trusted partnerships and the ability to make big decisions at the right time.
For owner Mat Koubaridis, finding a banking partner who genuinely understood the pace and complexity of property development became just as important as finding the right people on site.
Looking for a bank that could keep up
Section2 operates across residential construction and land development, delivering new homes while creating opportunities for communities to grow.
As is the nature of developments, Mat’s business has plenty of moving parts. Every project involves balancing timelines, funding requirements and new opportunities as they arise.
When the time came to refinance several existing properties to help fund a 10-lot development, he knew he needed more than just a lender.
A recommendation from his accountant led him to TSB Commercial Manager Andrew Moore.
It didn’t take long for Mat to realise this wasn’t going to be a typical banking experience.
“Right from the first meeting Andrew and TSB made everything so smooth and easy. The customer-focused service really sealed it for me because my business has a lot of moving parts and requires a bank to consider different options. It was a very personal approach, and that really resonated with me.”
A personal approach
The same personal approach carried through into the everyday banking experience. “It felt like TSB genuinely cared about my business and wanted us to succeed.
Everything flowed through into the day-to-day service as well. Setting up accounts, ordering cards - everyone has been friendly, helpful and easy to deal with.”
Helping bring a development to life
With the refinancing in place, Section2 was able to complete its 10-lot development - an important milestone for the growing business.
Completing the project also reassured Mat that, when the next opportunity came along, Andrew was only a call away.
“The level of service I receive is far greater than anything I’ve experienced before in banking.”
For Andrew, that’s what building long-term relationships with customers is all about.
“Working alongside Mat has been incredibly rewarding. Section2 is a business with clear ambition, and it’s been great to support that journey as the business continues to grow.
Property development comes with plenty of moving parts, so it’s important our customers know they can call us to discuss an idea and work through the different banking options together. That’s where strong relationships really make a difference.”
A relationship built on conversation
It's that consistency that sets TSB apart, says Mat.
“It’s the personal approach. Being able to pick up the phone and have a chat with Andrew, or meet for a coffee to discuss different banking options. In my experience, that level of personal service is hard to find these days.”
Knowing Andrew is only a call away gives Mat the confidence he has someone at TSB who understands his business. It’s the kind of support he says he’d happily recommend to other business owners.
“I wouldn’t hesitate to recommend TSB. They have honestly changed my business and I’m excited about the opportunities ahead. Development and construction lending has been a minefield for me in the past, but having a banking partner that understands what we’re trying to achieve has made all the difference.”
As Section2 continues to grow, Mat knows he has a competent banking team ready to help when the time comes for him to make big decisions about lending. That means he can stay focused on building homes, creating communities and looking ahead to future projects.
Interested in finding out more about Section2?
Check out their website for more information.
Could Andrew help with your business?
Whether you’re starting out, investing in growth or planning your next step, our team can help. Have a chat with Andrew or another team member in your region.