Finance For Property Developers & Builders
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What Happens Next?
Step 1
Schedule Your Free Strategy Session
Step 2
We Will Research The Market & Find The Best Offer
Step 3
Present You With A Proposal
Step 4
Get Your Loan Settled
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Frequently Asked Questions
A loan for the purpose of development of a property including building improvements, infrastructure work, excavation work and any holding costs of the property.
A construction loan only supports building a single residential property, whereas a property development loan is used to fund a construction of multiple dwellings. Some examples are high rise apartments, land subdivision, townhouses, NDIS housing, aged care facility, hotel and much more.
Once the building stage is complete, a construction loan reverts to a traditional home mortgage, whereas property development loan is generally advanced for up to three years.
There are generally two types of risks assessed by the lenders:
- Individual risk – ability to repay the loan
- Development risk – the viability of your development project & your experience as a developer
Below are the 3 key reasons why you should consider a private loan option for your next development.
- Speed of approval – your application can be approved within hours and days, with the entire process taking as little as 5-7 business days from enquiry to settlement.
- Flexible loan terms – private lenders are generally more flexible and open to negotiating loan terms and conditions.
- No strict credit check – unlike traditional lenders, private lenders are only seeking limited information from you.