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Property Development Finance

We are specialists in structuring complex financing solutions for commercial and residential property development.
We can provide construction and development finance that provides innovative and strategic alternatives to conventional development finance. Our consultants are trained to provide you with innovative finance solutions aimed at ensuring you maximize the return on your investment.
Development Finance can be structured in many ways, tailored to the specific needs of the project. Typical development funding structures fall into two main categories; hard cost based facilities and the GRV based facilities

We can offer:

1) Construction Finance based on a percentage of hard costs to 85%.
2) Construction Finance based on a percentage of Gross Realisation Ex GST/maximum 75%.
3) Mezzanine Finance.
4) Joint venture - J.V partner supplies 100% finance (project must have a min 30% ROI to consider).
5) Land bank finance NO DOC without pre sale requirements (up to 80% on Residential & 75% on Commercial / Industrial / Retail & 70% on Vacant Land) up to $2,000,000 for 1-5 years
6) Take out finance NO DOC up to 80% LVR to $2,000,000

Hard Cost Facilities
Hard Cost based facilities are typically offered by Banks and other major institutions. The loan amount is restricted to a maximum percentage of the actual hard costs of the project. Typically the maximum percentage is approximately 85% of the hard costs of the project.

Hard Cost Development facilities can fund up to 85% of the Total Development Costs
Loans up to $500M

GRV based facilities
Gross Realisable Value based facilities are based on the sale value of the project, on a cost to complete basis. The GRV based facility focuses on the profit potential of the project, and are typically sourced through private funding channels. By utilizing GRV based products means that potentially 100% of project costs can be funded.

GRV based facilities can fund up to 70% of the end value of the project (ex GST)
Loans up to $250M (lower rates for > 65% GRV)

Security We Accept:

Dual Occupancy, strata conversion.
Four Residential Units /Townhouses or less (retail construction loan).
5-100 Residential Units, Industrial & Commercial.
Land Sub-divisions, residential and industrial (metropolitan and regional)
Rural Sub-Divisions- residential only.
Supermarket and Shopping Centres
Childcare Centres.
Hotels/Motels.
Sepp.5 and Retirement Villages.

For a quote you will require as a minimum council approved plans.

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Development Funding

PLEASE NOTE: If the borrower is a natural person and the loan is being predominately used for a residential property the loan will be coded under the National Consumer Credit Protection Act NCCP.

Your Details

Who Are You:

Brokerage firm *

Your name *

Mobile: *

Tel: *

Email: *

Your ASIC Credit Registration No. Under the NCCP any loan to a natural person (not a company) where the majority of the loan funds are being used for residential security, including construction, development and investment properties is now CODED which means you MUST be registered with ASIC.

Your Name: *

Tel: *

eMail: *

Borrower Details

Borrower Type *

Company or Trust Name

ABN Or ACN:

Individual or Guarantor Details

Name: *

History as a developer. *

Credit History

Clients Credit History *

Income Details

Aggregate PAYG Income:

Aggregate Rental Income:

Aggregate Other Income:

Self-Employed Details:

Type:

Date Commenced:

ABN Since:

Description Of Business

Aggregate Wage/Salary:

Net Company Profit B/Tax:

Add Backs:

Aggregate Rental Income:

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Loan Details

Loan Type *

Product Type

Loan Purpose: *

Builder Type:

Financials Available *

Net Income Per Annum: $ *

Purchase Price:

Current Land Value:

Construction Price:

Completed/End Value:

Original Purchase Price:

Date Of Original Purchase:

Refinance Amount 1RM

Refinance 2RM

Current Land Value:

Construction Price:

Completed/End Value:

Original Purchase Price:

Original Purchase Date:

Current Land Value:

Construction Price:

Completed/End Value:

Council Contributions

Construction Certificate:

Consultants (Architects, Engineer, Surveyor, etc)

Contingency at 5%

Temp Site Services (Water, Power, etc)

Builder Fixed Price Contract:

Insurances:

Project Management:

Strata Titles:

Total Loan Required: $ *

LVR: % (Based on GRV Ex GST) *

Loan Term (Months): *

Prefered Settlement Date: *

LVR %(Based On Value Of The Land 'As Is')

Amount Required At Land Settlement: $

Interest Type *

Has has the been seen by other lenders? *

What other lenders have seen this? *

Why was it declined

Loan Overview *

Project Details

Type Of Property To Be Developed *

Address: *

Suburb: *

City: *

State: *

Post Code: *

Google Maps link * Help us out but going to www.maps.google.com.au/ and pasting in the link for the security property.

Property Description & Zoning: *

After completion *

DA *

Building/Construction Certificate *

No. of Presales: *

Value Of Presales: *

Project comments

Attachments

Attachment 1

Attachment 2

Attachment 3

Attachment 4

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Property Development Finance

Development Funding

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