Development Funding

Development finance is typically larger, more complex, and based on the Gross Realised Value (GRV) of the completed project. It often requires a detailed feasibility, planning approvals, and a higher level of due diligence.

Most lenders require you to contribute 10%–30% of Total Development Costs (TDC), depending on the lender and project risk. Some private lenders may allow lower contributions but charge higher interest.

Yes, for most residential projects—particularly with bank lenders—pre-sales are required to demonstrate demand and reduce lender risk. The number required depends on your funding structure and GRV.

Many lenders allow you to capitalise soft costs into the facility—subject to limits. We help structure loans that cover both hard and soft costs where feasible.

Approval times vary. With mainstream lenders, allow 4–6 weeks. With non-bank or private funders, you may secure funding in as little as 1–2 weeks, depending on documentation and project readiness.

Some lenders will fund land purchases if you have approved plans and a clear intention to build within a set timeframe. Land-only loans without a DA or feasibility are generally harder to place.

Typically:

• Council-approved plans & permits
• Fixed-price or cost-plus building contract
• Development feasibility
• Project cost breakdown
• CV of developer experience
• Sales evidence or pre-sale contracts (if applicable)

Lenders prefer experienced developers but will consider first-time developers partnered with experienced project managers or builders. We can help you structure your team and proposal to give lenders confidence.