Private Credit Loans

Construction Finance — Without Presales

Most bank construction lending requires meaningful presale cover before a single brick is laid. For some projects — small-scale, prime-location, build-to-hold, or simply the wrong moment in the cycle to be discounting off-the-plan — that requirement makes the project undeliverable. We arrange construction finance without presales.

Who this is for

How we structure construction loans

Loan sizeFrom $1,000,000 upward
Term12 to 24 months (extendable on application)
LVRUp to around 65% as-is, up to around 65% GRV (case-by-case)
Presale requirementNone
BorrowerPty Ltd SPV preferred; corporate trustee acceptable
SecurityRegistered first mortgage over the site + GSA + builder’s tripartite
DrawdownProgressive against QS-certified claims
Settlement4–6 weeks for first drawdown on a clean file
PricingSet by the panel lender on each deal
Sydney CBD towers looking up against blue sky — commercial property

What we need to package the deal

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