Development Finance
Development finance provides funding for property development projects including land acquisition, construction costs, and holding costs. Private lenders offer flexible terms tailored to your project timeline and requirements.
Key Benefits
- ✓Construction and land acquisition funding
- ✓Progressive draw-downs as project advances
- ✓Flexible terms based on project timeline
- ✓Interest capitalization options
- ✓Fast approvals compared to banks
- ✓Experienced developers preferred
Requirements
- •Detailed development plans and approvals
- •Project budget and timeline
- •Experience in property development
- •Presales or end buyer evidence (sometimes)
- •Quantity surveyor reports
- •Minimum 20-30% equity contribution
How It Works
Submit project details and plans
Lender assesses project viability
Valuation and due diligence
Loan approval and documentation
Progressive draw-downs as milestones met
Frequently Asked Questions
What LVR can I get for development finance?
Typically 60-70% of end value or 70-80% of costs, depending on project, location, and developer experience.
Do I need presales?
Not always required by private lenders, but presales strengthen your application and may improve terms.
How long does approval take?
Private lenders can approve development finance in 1-2 weeks with complete documentation, much faster than banks.
Ready to Apply for Development Finance?
Connect with private lenders who specialize in development finance. Get responses within 24-48 hours.
Apply Now