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Construction & Development
Funding Solutions
Construction & Development Funding:
A construction & development facility provides the funds necessary to fund all or part of a property development, typically to refinance the existing debt on a development site (or purchase it), and pay costs to obtain approvals, and complete construction.
Lending Solutions:
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- Development Site: funding the refinance or purchase of a development site.
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- Planning & Approvals: funding the costs of planning and obtaining approvals.
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- Construction: funding the cost of construction.
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- Sales: funding the cost of sales.
We can assist in the funding of all or part of your development, from start to finish and everywhere in between. ​
Types of Developments:
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- Land subdivision projects (residential, commercial, industrial, rural, etc).
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- Residential projects (single house, villas, townhouses, apartments).
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- Specialist projects (childcare, SDA/NDIS, etc).
Key Benefits to Developers:
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- No repayments (capitalised).
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- No pre-sales requirements.
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- Borrow more, stretched LVRs.
Points of Difference:
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- Faster turnarounds.
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- Easy to deal with. Upfront decisions.
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- Pragmatic, simple process from start to finish.
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- Solutions focused.
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- Expertise, focused, hardworking, and creative.
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- Flexible, we find a way where others can't.
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- Australia wide, we can lend anywhere in Australia.
Points of Difference:
-
- Faster turnarounds.
-
- Easy to deal with. Upfront decisions.
-
- Pragmatic, simple process from start to finish.
-
- Solutions focused.
-
- Expertise, focused, hardworking, and creative.
-
- Flexible, we find a way where others can't.
-
- Australia wide, we can lend anywhere in Australia.
Lending Options:
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- SENIOR DEBT: provides funding which is secured by a first ranking mortgage on your property.
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- MEZZANINE DEBT: provides funding that is secured behind the senior debt and provides a 'top-up' of funding.
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- PREFERRED EQUITY: provides a further top up that is paid in priority to ordinary equity.
Lending Metrics:
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- $100,000 is the minimum loan amount considered.
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- $25,000,000 is the maximum loan amount considered.
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- LVRs may be stretched with the right security.
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- Interest rates & costs are competitive, and considered on a case by case basis.
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