A second-tier bank
Up to 65% TDC, competitive senior debt for experienced developers.
Duplexes, townhouses, boutique residential and mixed-use. Finance structured around your feasibility and drawdown schedule.
Development finance sits between home-building loans (1 dwelling, owner-occupier) and major commercial construction (50+ units, institutional lenders). It's the 2-to-20-dwelling space - duplexes, townhouses, boutique apartment blocks.
This middle ground is poorly served by the big four but alive and well with non-bank and second-tier lenders who understand feasibility, quantity surveyor reports and pre-sales. We've worked with Sydney developers on projects from a Gladesville duplex to an 18-unit Parramatta apartment build.
Most projects we finance are 65-75% LVR on total development cost. Mezzanine available to stretch.
We'll help you understand how many pre-sales your chosen lender actually needs, before you spend money marketing.
Funds released in stages against a quantity surveyor's certification. We coordinate.
Once the project is complete and titles are issued, we'll organise residual stock or owner-occupier loans.
DA, costings, pre-sales strategy. We'll sense-check before going to lenders.
Two to three senior lenders, potentially with mezzanine.
Lender approves; QS appointed; drawdown schedule finalised.
We monitor drawdowns and plan the transition to end debt or sale.
We don’t quote rates on the website — they move weekly. We’ll give you real numbers at our first meeting.
Up to 65% TDC, competitive senior debt for experienced developers.
More flexible pre-sale requirements and up to 75% TDC with stretched senior or mezzanine.
For short-term, higher-leverage scenarios. Price reflects the risk.
Our senior bank pulled out three weeks before settlement on a 6-unit site. Richard had us with a specialist non-bank at similar terms inside 10 days. Project went on.
If the end product is commercial, not residential.
Learn more →For single-dwelling builds.
Learn more →Pre-development cashflow.
Learn more →We'll look at any 2+ dwelling project. Under that, it's usually a construction loan in your personal name.
Most senior lenders want 50-100% of debt covered by qualifying pre-sales. Some will go without, at higher pricing.
65-75% of total development cost is a common range. More with mezzanine.
For bigger or higher-leverage deals, yes. For smaller projects (2-4 dwellings), first-time developers are fine with a strong builder.
Similar concept, but usually coordinated by a quantity surveyor who signs off each claim.
Indicative approval in 1-2 weeks, formal approval typically 4-6 weeks.
A 20-minute call, no fee, no obligation. We’ll come back with three real lender options and a clear next step.
0473 113 128Mon-Fri, 8am-6pm