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Development finance

Supporting your building and construction projects

 

February 28, 2020 In Development finance

Development finance

Are you a developer with multiple projects on the go and require short term funding? We provide short term funding so you can:

  • Invest in a development site
  • Complete the next stage of development or complete your construction project
  • Purchase construction materials
  • Assist with project delays due to poor weather conditions
  • Cover costs associated with the sale of the project

We meet with borrowers at residential or commercial building sites and approve funding applications within 48 hours. Funding enables you to progress to the next stage of development and ultimately profit from the sale of the completed project

Find out how it works

Apply now to access funds within 48 hours

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    Our bridging finance helps people with the following type of scenarios:

    Finalising a subdivision project

    The borrower required funding to complete renovations prior to selling their property.  

    Amount:$600,000

    Term:6 months

    Exit Strategy:Proceeds from the sale of the property. By accessing funding at a crucial time, the borrower was able to sell the townhouse property and secure a premium price.

    Backing property development

    The borrower was completing four separate projects at various construction stages. One of the projec…

    Amount:$1.2M

    Term:6 months

    Exit Strategy:Presale of the projects enabled the borrower to refinance the remaining debt through a major bank.