Property Development Finance

Property development finance in Australia is a type of financing designed to help developers fund the construction process of their development. It is typically used by developers who need funding for a specific project, such as building a new residential or commercial property, or where the project has delays with trades, council, or product availability.

There are several options available for property development finance in Australia, including traditional bank loans, non-bank lenders, and private lenders. Each option has its own benefits and drawbacks, and it’s important to research each option thoroughly before deciding which one is right for your project.

One popular option is construction finance, a type of loan that provides funding for the construction of a new property. This type of financing is typically provided in stages via a drawdown facility, with funds released at various points throughout the construction process.

Another option is mezzanine finance, typically used to bridge the gap between the amount of equity a developer has and the amount of financing they need to complete a project. Mezzanine finance is typically more expensive than other forms of financing, but it can be a good option for developers who need to move quickly and don’t have time to go through a traditional loan application process.

Overall, property development finance can be complex and requires careful consideration of the financing options available, the requirements of the project, and the financial capabilities of the developer. It’s always recommended to seek advice from professionals such as Lightspeed before making any significant financial decisions.

Fully funded throughout the building process

Lightspeed understands the quicker the development project is completed, the quicker the assets can be sold and your profit realised. Lightspeed will assist in tailoring a loan to ensure your development is fully funded throughout the building process, or provide funds so the project can move to the next stage of construction.

Lightspeed works thoroughly with each client to fully understand the entire transaction need, ensuring the best financial solution is provided. Operating across Australia in cities including Melbourne, Adelaide, Sydney, and beyond, Lightspeed is a leading provider of development and construction finance.

Lightspeed will consider the financing of unfinished projects and developments once at lock-up, to assist in completion, sale, and profit realised after all debts are repaid.

Have a project that needs funding? Speak with one of our advisors, or call 1300 133 406.