Private Construction Loans in Australia – Fast Funding from $50K

When to Use a Private Construction Loan

Private construction loans are ideal for a range of scenarios where traditional finance isn’t suitable. At Innovate Funding, we support borrowers with:

• DA-Approved Projects: Start building without waiting for bank approvals

• No Presales or Low Presales: Fund construction without lengthy sales conditions

• Mid-Construction Refinance: Refinance part-complete builds or replace existing lenders

• Urgent Starts: Access fast funding to meet contractual or council deadlines

• Owner-Builder Finance: For experienced builders managing their own projects

These loans are commonly used for townhouses, duplexes, apartments, commercial buildings, and mixed-use developments.​

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How Private Construction Loans Work

At Innovate Funding, our streamlined process is designed to move quickly so your project stays on track. Here’s how it works:

1. Initial Assessment: Share your project details, build costs, and site location

2. Feasibility Review: We evaluate your experience, project type, and exit strategy

3. Valuation & LVR Calculation: Based on “as-is” or “on-completion” value

4. Loan Offer Issued: Tailored to your timeline and drawdown needs

5. Funding Released in Stages: Progress payments aligned with each construction milestone

We offer first and second mortgage options, and often don’t require presales, making it easier for you to get started.

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​​​Why Choose Innovate Funding for Private Construction Finance in Australia?

At Innovate Funding, we specialise in fast, flexible private construction loans tailored for property developers, builders, and investors across Australia. Whether you’re breaking ground on a townhouse project or refinancing a part-complete build, we provide the expertise and funding to move forward — without the delays of traditional banks.

Key Reasons Borrowers Choose Us:

• Fast Settlements from within 7 Days

  • Access funding quickly to meet deadlines and start construction without delays.

• Low-Doc & No-Doc Construction Loans

  • No tax returns or financials required — perfect for self-employed developers or time-poor investors.

• First & Second Mortgage Options

  • Leverage equity through flexible senior or mezzanine finance structures.

• High LVRs Available

  • Borrow up to 70% of end value (on-completion basis), ideal for scaling your developments.

• No Presale Requirements

  • We fund small-to-medium projects with zero or low presales — helping you break ground faster.

• Nationwide Lending

  • We fund projects in metro, regional, and rural areas Australia-wide.

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Types of Projects We Fund

Our private construction loans support a wide range of development types, including:

• Townhouse developments

• Duplex builds

• Apartment complexes

• Commercial and industrial sites

• Mixed-use buildings

• Knockdown rebuilds

• Owner-builder residential projects

We work with experienced developers and builders looking to scale, refinance, or get moving quickly.

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Who We Help

We fund a variety of borrower types, such as:

• Property developers (first-time and experienced)

• Licensed builders

• Owner-builders with a construction background

• Investors looking to unlock equity

• Borrowers declined by banks due to serviceability or documentation hurdles

If you’ve got a viable project and the right asset, we’ll structure funding around you — not bank red tape

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Common Construction Finance Challenges (And How We Solve Them)

 

 

 

 

 

 

 

 

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Case Studies: Recent Projects Funded

$1.4M Townhouse Project – VIC
Refinanced existing lender mid-construction with 5-day turnaround. No presales. Funded to completion.

 

$3.2M Mixed-Use Site – NSW
Funded from DA approval through to completion. First mortgage with staged progress payments.

 

$950K Duplex Build – QLD
No-doc owner-builder loan with no presales. Approval in 48 hours.

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FAQs: Construction Loans with Innovate Funding

Can I apply without presales?
Yes. We regularly fund projects with zero or limited presales.

 

Do you lend to owner-builders?
Yes, if you have experience or a licensed builder under contract.

 

What’s the typical loan term?
6–24 months, depending on project type and exit strategy.

 

What’s the max LVR?
Up to 70% of gross realisation value (GRV) or end value.

 

What documentation is required?
We only need basics: ID, project details, valuation, and builder info.

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Ready to Build? Apply Today

If you're ready to move forward with your next construction project, talk to the team at Innovate Funding. We provide quick, reliable private construction finance that keeps your project moving.

Call 02 8919 3639 or enquire online to get started today.