Construction Finance
Funding for residential, commercial, and mixed-use development projects throughout all stages of construction.
Why Choose Our Construction Finance
Specialized funding solutions designed for developers, with flexible terms and expert support throughout your construction journey.
Fast Approval
Initial approval within 48-72 hours, with full approval typically completed in 2-4 weeks for most projects.
Progressive Drawdowns
Funds released in stages aligned with construction milestones, optimizing cash flow and reducing interest costs.
Up to 70% GRV
Competitive loan-to-value ratios up to 70% of Gross Realizable Value, with higher ratios available for experienced developers.
Development Expertise
Our team understands construction and development, providing guidance and support throughout your project.
Flexible Terms
Loan terms from 12-36 months with interest capitalization options and flexible pre-sale requirements.
Competitive Rates
Market-leading interest rates with transparent fee structures and no hidden costs throughout the loan term.
Overview
Our Construction Finance solutions provide developers with the funding needed to bring their projects to life. From site acquisition to project completion, we offer tailored financing packages that align with your development timeline and cash flow requirements.
Whether you're building residential apartments, commercial spaces, or mixed-use developments, our construction loans offer the flexibility and support needed to ensure your project's success.
Key Features
- Loan amounts from $3M to $50M+
- Terms ranging from 12 to 36 months
- Up to 70% of Gross Realizable Value (GRV)
- Progressive drawdowns aligned with construction milestones
- Interest capitalized for the loan term
- Flexible pre-sale requirements
Eligibility
Our construction finance solutions are available to:
- Experienced property developers
- Development companies and joint ventures
- Builder-developers
- Foreign developers (FIRB approved)
Project Types We Finance
- Residential apartments and townhouses
- Commercial office buildings
- Retail developments
- Mixed-use projects
- Industrial developments
- Boutique residential developments
Construction Finance Success Stories
Real examples of how our construction finance solutions have helped developers complete successful projects.
Brisbane Residential Development
Challenge
Developer needed $12M for a 45-unit residential project with tight construction timeline and limited pre-sales.
Solution
Provided 70% GRV construction loan with progressive drawdowns and flexible pre-sale requirements.
Outcome
Project completed on time and budget. All units sold within 6 months of completion with 25% profit margin.
Gold Coast Mixed-Use Project
Challenge
Complex mixed-use development requiring staged construction with retail ground floor and residential above.
Solution
Structured progressive drawdowns aligned with construction phases, with separate valuations for each component.
Outcome
Successful completion with retail spaces pre-leased and residential units achieving premium pricing.
Melbourne Commercial Development
Challenge
Large-scale office development requiring significant upfront funding with extended construction period.
Solution
Provided construction loan with interest capitalization and flexible drawdown schedule to match project milestones.
Outcome
Project delivered on schedule with major tenant pre-commitments secured during construction phase.
Understanding Construction Finance
Key concepts and considerations for construction financing to help you make informed decisions.
Gross Realizable Value (GRV)
GRV is the estimated total value of the completed development, used to determine maximum loan amounts.
- • Based on completed project valuation
- • Considers market conditions and location
- • Updated during construction if required
- • Determines maximum LVR available
Progressive Drawdowns
Funds are released in stages as construction progresses, minimizing interest costs and risk.
- • Aligned with construction milestones
- • Quantity surveyor assessments
- • Optimizes cash flow management
- • Reduces overall interest expense
Interest Capitalization
Interest can be added to the loan balance during construction, improving cash flow during the build phase.
- • No monthly interest payments required
- • Interest added to loan balance
- • Improves construction cash flow
- • Settled at project completion
Pre-Sale Requirements
The percentage of units that must be sold before construction commences, varying by project type.
- • Residential: typically 20-50%
- • Commercial: varies by project
- • Reduces market risk for lender
- • May affect loan terms and rates
Construction Monitoring
Regular inspections and progress assessments ensure project stays on track and funds are used appropriately.
- • Independent quantity surveyors
- • Regular progress inspections
- • Milestone-based assessments
- • Quality and compliance checks
Exit Strategies
Planning how the construction loan will be repaid upon project completion is crucial for approval.
- • Sale of completed units/property
- • Refinance to investment loan
- • Hold as rental investment
- • Combination of strategies
Construction Finance Calculator
Calculate your estimated construction loan costs and repayments based on your project details.
Maximum Loan Amount
Based on 70% of Gross Realizable Value (GRV)
These calculations are estimates only. Actual rates and terms may vary based on project assessment and individual circumstances.
Frequently Asked Questions
Get answers to common questions about construction finance.
Apply for Construction Finance
Complete this form to start your construction finance application. Our lending specialists will contact you within 24 hours.
Ready to Start Your Construction Project?
Speak with our construction finance specialists today to discuss your development project and funding requirements.