At Shore Financial, we’re experts in Development Funding and specialise in a range of innovative and flexible development funding solutions. We are industry leaders in facilitating construction finance including senior, mez, stretch senior and equity. No pre-sale options are also available.
Developers and clients will enjoy finance options including:
…and we know they’re almost never the same. Some developers are looking for a cheap rate.
…others require the ability to construct without pre-sales or pre-leases, while others are looking for the maximum loan leverage possible.
Our specialist lending panel can help you maximise opportunity by giving you access to the very best development funding for the construction cycle.
A property developer came to us to finance a residential property development located in Sydney’s south.
They were reluctant to arrange pre-sales upfront as they believed that they could obtain higher prices during and at completion of the project; as such, a non-bank finance package was required.
Amount: $4.50 million
LVR: 80% of TDC & 65% OF GRV
Rate: 9.5%
Est Fee: 2.00%
Ready to apply for development funding? Contact Shore Financial today.
Levels 3 & 4, 153 Walker Street
North Sydney, 2060
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