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Secure the Finance to Bring Your Project to Life
Development funding offers a range of tailored financial options designed to help you successfully complete your development project needs.
Financing Your Development Project
Our promise to you
When it comes to larger developments, traditional bank avenues may not always be the ideal solution. Whether you’re planning a residential subdivision, a commercial complex, or a mixed-use project, our development funding solutions are designed to provide the flexibility and specialised support your project requires.
Tailored Funding Options
We create customised finance solutions that suit your project’s scale, timeline, and risk profile.
Diverse Lender Network
Access finance from a wide range of specialised lenders beyond the conventional banks.
Expert Project Assessment
Our team evaluates your project’s feasibility and potential, ensuring you secure funding that aligns with your objectives.
Flexible Repayment Structures
We negotiate terms that accommodate your development’s milestones and cash flow requirements.
Optimised Funding Strategy
Our approach helps structure your finance efficiently, maximising benefits and leveraging available government incentives where possible.
Are you located outside of Melbourne? Get in touch and we can help find the best solution for you, no matter where in Australia you’re located.
How it works
Our development funding process
Initial consultation
We begin with an in-depth discussion to understand your project, objectives, and financial requirements.
Project feasibility & strategy
We evaluate your development plans and craft a tailored funding strategy that considers risk, timelines, and potential returns.
Lender sourcing & comparison
Drawing on our extensive network, we compare offers from specialised lenders to secure competitive finance options for your project.
Application & negotiation
Our experts handle all documentation and negotiations, ensuring your application is robust and your project is presented in the best light.
Settlement & ongoing support
Once funding is secured, we guide you through settlement and provide continuous support to address any evolving financial needs.
Development funding options available in Melbourne
Understanding development funding considerations
Every development project is unique, and so are its funding needs. Below are the key funding options and factors to consider when planning your project:
Construction Loans
These loans are designed specifically for the construction phase of your project. Funds are typically disbursed in stages (known as progress payments), as construction milestones are met.
You’ll need a detailed cost breakdown and construction schedule, and lenders will closely monitor progress to ensure the project remains on track.
You’ll need a detailed cost breakdown and construction schedule, and lenders will closely monitor progress to ensure the project remains on track.
Development Finance
A more flexible alternative to traditional bank loans, development finance can cover multiple aspects of your project, from land acquisition and design to construction and marketing.
This type of finance often offers customised structures, such as interest-only periods during construction, which can help manage cash flow until the project is completed and generating revenue.
This type of finance often offers customised structures, such as interest-only periods during construction, which can help manage cash flow until the project is completed and generating revenue.
Bridging Finance
Ideal for covering short-term funding gaps, bridging finance can be used while waiting for long-term finance arrangements or for the sale of an existing property to be finalised.
It’s a temporary solution that provides quick access to capital, but typically comes with higher interest rates and fees, so having a clear exit strategy is essential.
It’s a temporary solution that provides quick access to capital, but typically comes with higher interest rates and fees, so having a clear exit strategy is essential.
Joint Venture Funding
For larger projects, partnering with investors or financial institutions through joint venture funding can help share both the risk and capital requirements.
This option involves collaborative agreements where each party’s contributions and profit-sharing are clearly defined, often resulting in more flexible financing and added industry expertise.
This option involves collaborative agreements where each party’s contributions and profit-sharing are clearly defined, often resulting in more flexible financing and added industry expertise.
Government Incentives & Schemes
Depending on your project’s type and location, you may be eligible for various government grants, tax incentives, or subsidies designed to encourage development. For instance, some state or local councils offer grants for residential or commercial developments that meet certain criteria, such as affordable housing or sustainability targets.
These initiatives can help reduce overall project costs and improve your funding structure.
These initiatives can help reduce overall project costs and improve your funding structure.
Flexible Repayment Terms
Given the inherent uncertainties in development projects, it’s important to negotiate repayment structures that align with your project milestones and cash flow. Many lenders offer interest-only periods during the construction phase, transitioning to principal-and-interest repayments once the project is complete.
This flexibility helps manage expenses during the build and ensures repayments are more manageable when the property starts generating income.
This flexibility helps manage expenses during the build and ensures repayments are more manageable when the property starts generating income.
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Support
Frequently asked questions
Everything you need to know about securing development funding in Melbourne.
What is development funding?
Development funding is a specialised finance solution designed to support large-scale projects, covering costs from land acquisition and construction to marketing and beyond.
How does development finance differ from traditional bank loans?
Traditional bank loans often come with rigid criteria and inflexible terms. In contrast, development finance offers specialised, flexible options that cater to the varying cash flows and risk profiles of development projects.
Who can benefit from development funding?
Developers, property investors, and businesses involved in large-scale projects can all benefit from tailored development funding solutions that address their unique challenges and objectives.
What types of projects are eligible for development funding?
A wide range of projects, including residential, commercial, and mixed-use developments, can be financed through development funding options.The ideal deposit is 20% of the property's price to avoid lenders mortgage insurance (LMI).
However, many lenders accept deposits as low as 5%. A broker can help you understand your options and how different deposit amounts impact your loan.
However, many lenders accept deposits as low as 5%. A broker can help you understand your options and how different deposit amounts impact your loan.
Are there government schemes or incentives available for development projects?
Yes, depending on your project’s nature and location, you may be eligible for government grants, tax incentives, or other support programmes aimed at promoting development. We help you identify and integrate these benefits into your funding strategy.
What documentation is required for a development funding application?
Typically, you will need detailed project plans, feasibility studies, financial projections, and information on the land or property involved. We guide you through preparing all necessary documentation to strengthen your application.
How long does the development funding process take?
Timelines can vary based on the project’s complexity and lender requirements, but our streamlined process is designed to secure funding efficiently while ensuring your project is fully supported.
Can development funding be secured in the early planning stages?
Yes, we work with developers from the early stages of planning to assess project feasibility and secure preliminary funding, which can be refined as the project progresses.
Ready to bring your development project to life?
Our expert team is here to support you every step of the way.
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Not sure what kind of loan you need?
The major benefit of using a broker to finance other large purchases besides property is obtaining finance that is tailored to fit your current financial circumstances and needs. With depreciating assets, the right finance can also potentially save you money on interest and fees, or potentially help you maximise your tax benefits. AND MORE – Not sure what kind of loan you need for your current financial circumstances? That’s our job. We deliver tailored finance solutions chosen from a panel of leading lenders, and give you peace of mind that your loan is working for you. Contact us today to find out all the ways we can help you.
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