Private Lender for Property Development Finance

It can, where the numbers fit. Our own valuers price part-complete projects, and we lend within 70% of our valuation, so the loan can repay the construction lender at settlement and, where there is enough room, fund the remaining work. The plan for repaying us is usually the sale of the finished townhouses or a refinance of any that remain unsold. Send us the lender's payout figure, the quantity surveyor's cost-to-complete report and the building contract. Ask your solicitor to check what the default notice requires and by what date, so the refinance is planned around that date.

• →Urgent loans for part-complete developments

Yes. If the land is valued at $5,000,000 and the land loan is $2,800,000, the 70% limit is $3,500,000, so the land loan can be repaid in full. The exit is the senior construction lender repaying us at first drawdown, or a sale of the site. We do not fund the construction draws ourselves.

Yes. Completed townhouses are residual stock, which is property we lend against. If the three are worth $1,100,000 each, 70% of $3,300,000 is $2,310,000. The exit is the sale of the three townhouses, so set a term that allows a normal sales campaign rather than a rushed one.

• →Residual stock loans

Yes. Our in-house valuers assess the part-complete project as it stands today, and we lend against that value inside the 70% limit. We lend a single amount against the site property, not staged construction draws. The exit is the sale of the completed units or a refinance to a construction lender once the new builder is signed.

• →Part-complete development loans

Yes. We lend against the land as it stands today, on our own valuation, not on its value once rezoned. Because the rezoning date is not known, the exit should be a sale or a refinance rather than the rezoning itself.

• →Private lender for land banking finance

It can, with additional security. A loan against the site alone stops at 70% of $4,000,000, which is $2,800,000, so the missing $1,200,000 has to come from equity in another property. A second property can be added as security for that balance. Bring the contract, the settlement date and details of the other property.

• →Private lender for joint venture development finance

It can, based on our own valuation rather than yours. If our valuers agree with $3,200,000, the 70% limit is $2,240,000; with $1,200,000 owing, that leaves up to $1,040,000. The exit is usually the construction lender repaying us when the construction facility starts.

Yes. A second property can be added as security. If the current site is worth $3,000,000 with $1,500,000 owing and the neighbouring block costs $1,800,000, 70% of the combined $4,800,000 is $3,360,000, which leaves $1,860,000 above the existing debt. That covers the price but not the purchase costs, so plan for those from your own funds.

• →Development site purchase loans

It can. Our in-house valuers assess the completed building as it stands, and the buyers' settlements are the exit. Ask your solicitor about the sunset dates in the sale contracts before you call, because those dates set how long the term needs to be.

Yes. The company is the borrower and the new site is the security. The loan funds are paid to the company, which pays the ATO in full. The exit can be the construction lender's facility on the new project, a refinance, or the sale of a property.

• →Urgent ATO debt loans

Yes, where a business is the borrower. The house and land are the security, and we lend a single amount rather than staged draws as the civil works progress. The exit is the sale of the lots once the titles register, or a refinance. Tell us the expected registration date so the term runs past it.

• →Bridging loans

Our lending is asset-based rather than a staged construction facility. We fund site acquisitions, settlement shortfalls, bridging, development finance against the asset, residual stock, land banks and equity release from a completed project. Where a project has stalled, we lend against the asset in its current state so it can be taken to a saleable position, secured by a first or second mortgage.

Yes. Our property valuation team is in-house and has extensive development experience, so partially completed sites, land banks and non-standard assets are assessed directly. Most non-bank lenders rely on external valuers, which adds days to the process. This is the main reason we can move on a stalled project while other lenders are still booking a valuation.

We lend from $250,000 to $10,000,000, up to 70% LVR against the security. Terms run from 1 to 24 months, with most developers using the facility for 3 to 6 months while the exit completes. Rates start from 9.7% p.a., interest only for the term.

We make a decision in hours rather than days, and settlement within 24 hours is achievable on a clean file with clear title and a defined exit. We lend our own funds and hold our own credit authority, which is the practical reason the timeline looks the way it does. A Letter of Offer is issued immediately once terms are agreed.

It needs to be specific and achievable inside the loan term. In development the strongest exits are the settlement of presold or completed stock, a senior debt takeout, a resale of the site, a capital raise, or a refinance to a longer-term lender where the pathway is demonstrable. A general intention to refinance at some point is not an exit strategy.

Usually yes. A second mortgage sits behind the existing first, so the senior facility stays in place and does not need to be refinanced to release capital. We review the first mortgage terms before proceeding to confirm no consent or notification obligation is triggered.

Yes. Raw land, englobo parcels and DA-pending sites are all security types we assess. Because the valuation is done in-house, land that a desktop model cannot price properly is not automatically a decline. The assessment turns on the value of the land and the credibility of the exit.

Yes. We lend to Pty Ltd companies, special purpose vehicles, discretionary and unit trusts, and SMSFs. This is business purpose lending only, so it falls outside the NCCP consumer credit regime. We do not lend to individuals borrowing in their personal name for personal, domestic or household purposes.

Yes. A failed project is information, not a verdict, and we would rather discuss what went wrong than read it off a report. What matters on the new deal is the value of the security property, whether the equity sits inside 70% LVR, and whether the exit is documented. Our valuers assess the security themselves rather than relying on a desktop estimate.

We fund development site purchases, land waiting on a rezoning or DA, part-complete sites, residual stock, and contaminated sites valued as they stand today. We do not fund construction draws.

• →urgent short term loans