Development and Subdivision Funding
We have extensive experience in structuring development and subdivision finance facilities throughout Australia for residential, commercial, office, industrial, retail, and land subdivisions.
Our access to funds comes from the major banks, international banks, non-banks and private investors. This gives our clients a range of options to enhance their chances of getting the best finance package to assist.
Funding options include finance for:
- Large and small Subdivisions of land banks
- Large and small Apartment developments
- No “Pre-Sales” Funding Options
- Mezzanine Finance
- Take out / residual stock finance
- Distressed / Workout Solutions
- Commercial Property loans to 80% LVR
Development finance facilities are typically sourced via banks and other major financial institutions, generally requiring pre-sales (or pre-leases) as well as current up-to-date financials. They offer the cheapest form of construction finance currently available in terms of interest rates.
Low doc, no pre-sale development finance facilities are usually sourced through our private investor / lenders, with their main advantage that they generally do not require pre-sales or financials. They are generally much more flexible in their lending criteria.
Why Choose Select Finance?
- Not just a Mortgage Broker
- We are an experienced business lender and broker
- Industry knowledge
- Personalised attention to all clients
- The most expansive range of lenders to meet every project’s individual diverse needs
- Market-leading facilities with attractive terms and competitive interest rates
- Effective framework to meet urgent requirements
OMG these guys are amazing. They secured me a new loan after six months of negotiations went sour with B of M they over me after 4 previous mortgages and nearly 40 years of banking with Bank of Melbourne, St George, BankSA, State Bank, Saving Bank of South Australia. Try these guys. Thanx Bruce and Diane.Dale - Adelaide