Development Funding

Development funding is a specialised lending area available to experienced property developers seeking to fund the construction of property, ranging from small townhouse developments to larger residential towers. Development funding remains the domain of the larger banks and financial institutions. When considering a development funding proposal the lender will consider such things as:

• LVR against Hard Costs
• LVR against Gross Realisable Value (GRV)
• Pre-sales / Marketing plan
• Location and nature of the development
• Experience and net worth of the developers

Different lenders have their preferred style and size of development. Talk to Iden Money to determine about your next project to determine the right fit for your project funding.

Make an appointment to see an Iden Money Loan Consultant.