Buy the site so you can get the project started.
Good if you need the site01 · Where you are
You’ve got the plans.
Now you need the money.
Sound familiar?
You found the landYou need money to buy a site before someone else does.
The plans are approvedCouncil said yes. Now it’s time to build.
The build is underwayCosts are coming in and you need money at each stage.
Some units haven’t soldIt’s finished, but you need time to sell the rest properly.
02 · When is the right time?
A loan isn’t always the answer.
Here’s when it makes sense.
✓ Good times to do it
Your numbers stack upWhy: Lenders want to see the build cost, what it will sell for and your profit.
You have the approvalsWhy: Council approval makes lenders much more comfortable.
You have a builder and a fixed priceWhy: A fixed-price build contract lowers the risk of surprise costs.
You have some of the money yourselfWhy: Putting in your own money shows the lender you’re invested too.
✕ Maybe wait if…
The plans aren’t approved yetWhy: Most lenders want approvals first. Land-only money is harder to get.
Costs are still a guessWhy: Firm up the numbers first. Surprises are expensive mid-build.
It’s your first project and it’s bigWhy: Starting smaller, or with an experienced team, can make it easier to get funding.
Not sure which one you are? We’ll look at it with you, for free.
03 · How it works
Three steps to
built.
- 1Show us the project
The site, the plans, the costs and what it will sell for.
SiteEmpty - 2We find a lender
Bank, non-bank or private. We match the lender to your project.
SiteEmpty - 3The build goes up
Money is paid out as each stage is done, until it’s finished.
SiteBuilt ✓BUILT
04 · Your options
Pick the way
that fits you.
Paid out in stages as the building goes up.
Good once you’re approvedA loan on finished units, so you’re not rushed to sell cheap.
Good if some haven’t soldWhat lenders will ask about
The site and the approved plans✓
Your build costs and builder contract✓
What the finished project should sell for✓
How much of your own money is going in✓
Your experience, or your team’s✓
Every lender is a bit different. We’ll tell you exactly what yours needs.
Good to know
Money is usually paid out in stages, checked by an expert as you go.
Some lenders want some units pre-sold. Others don’t.
Delays and extra costs can affect the loan, so build in a buffer.
We only help with developments done as a business.
05 · Let’s do it
Tell us your plan.
New job No credit check
Business finance only. ABN required.
…from the ground up.
Questions people ask.
Do I need to pre-sell units?
Some lenders need it, some don’t. Lenders who don’t usually cost a bit more.
How much of my own money do I need?
It depends on the lender and the project. We’ll give you a realistic idea.
Can a first-time developer get money?
Sometimes, especially for smaller projects with an experienced builder.
What if the build runs over?
Talk to us early. Extra costs change the loan, so it’s best to plan for them.
Can you help me build my own home?
No. We only help with developments done as a business, through an ABN.