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What is a Development Loan?

Development Loans are specialised financial solutions tailored to assist property developers in Australia with various construction project needs. Unlike traditional bank loans, these non-bank loans offer greater flexibility and accessibility, catering to small and large-scale developments. Innovate Funding provides bespoke financing options to support your project's success, whether you're acquiring land, funding construction, or managing marketing expenses.

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Why Choose Innovate Funding for Development Loans?

1. Customised Non-Bank Lending Solutions

At Innovate Funding, we specialise in non-bank lending, offering Development Loans that are specifically designed to meet the unique requirements of your project. Our tailored loan structures include:

  • Interest-Only Payment Options: Manage cash flow effectively by paying only the interest during the construction phase. (Option to capitalise interest as well)

  • First and Second Mortgage Security: Leverage your property as collateral to maximise your borrowing capacity.

  • Competitive Loan-to-Value Ratios: Access significant funding with favourable terms.

2. Fast and Efficient Approval Process

Time is critical in property development. Our streamlined application and approval process ensures quick access to funds, enabling you to keep your project on schedule. We provide:

  • Expert Project Assessment: Our team evaluates your project's feasibility, location, and potential return on investment (ROI).

  • Rapid Funding Decisions: Benefit from our quick turnaround times, getting the financial support you need without delays.

3. Structured Funds Disbursement

Innovate Funding offers a structured disbursement plan that aligns with your project's construction milestones. This approach includes:

  • Stage-Based Funding: Receive funds in phases as your project progresses, ensuring smooth financial management.

  • Regular Site Monitoring: We conduct regular inspections to verify compliance with project timelines and standards.

Innovate Funding can help you organise development finance

Secure Your Development Loan with First or Second Mortgage

First Mortgage Security

Our Development Loans can be secured with a first mortgage, offering primary loan status with the first claim on your property. This option provides lower interest rates and higher borrowing potential.

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Second Mortgage Security

For developers needing additional financing, a second mortgage allows for flexible borrowing while maintaining the primary loan's benefits. This option is ideal for projects requiring extra funds beyond the first mortgage limits.

Why Private Lending with Innovate Funding?

Private lending offers several advantages over traditional bank loans, including:

  • Flexible Underwriting: Private lenders can offer more lenient criteria, making it easier to qualify for loans.

  • Quick Access to Capital: Private lenders often provide faster approvals and fund disbursement.

  • Tailored Loan Terms: Customisable loan structures to fit specific project needs and timelines.

Partner with Innovate Funding

Embrace the advantages of non-bank lending with Innovate Funding. Our Development Loans provide the financial flexibility and support you need to bring your construction projects to life. With competitive rates, expert guidance, and a commitment to your success, we are your trusted partner in property development.

Get Started Today

Ready to secure financing for your next development project? Contact Innovate Funding to explore our tailored loan options and start building your future today. Apply now and take the first step towards a successful development journey.

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