Development & Construction Finance
For property developers and builders requiring development finance, construction lending and project funding across residential, commercial and mixed-use projects.
What development and construction finance covers
Development finance covers lending for property development projects — from land acquisition through to construction and completion. This may include residential unit development, townhouse projects, commercial development, mixed-use projects and smaller boutique developments. Development finance is assessed differently from investment property lending. Lenders focus heavily on project feasibility, developer experience, cost plan, presales, builder quality, valuation and exit strategy.
How lenders assess development finance
- Developer experience and track record
- Project type and location
- DA approval status and planning risk
- Total development cost and cost plan review
- Presales — level, quality and unconditional status
- Valuation — land value and as-if-complete value
- Builder quality and fixed-price contract
- Funding structure — equity contribution and LVR
- Exit strategy — sales, refinance or hold
How Bridle Partners helps
- Identifying suitable development lenders for the project profile
- Reviewing the project structure and finance requirements
- Preparing and presenting the application clearly
- Working alongside your solicitor, accountant, valuer and builder
- Managing the process through to approval
Frequently asked questions
- What is development finance?
- Development finance covers lending to fund property development projects. This may include land acquisition, construction costs and holding costs. Lenders assess the project feasibility, developer experience, presales, cost plan, builder, valuation and expected end value.
- Do I need presales to access development finance?
- Many mainstream development lenders require a minimum level of presales before releasing construction funding. Some specialist lenders may have different requirements. Presale thresholds, the strength of the presales and the end values all affect lender appetite.
- What LVR is typical for development finance?
- Development finance LVRs vary significantly by lender, project type, location, presales and developer experience. Lenders may assess against land value, as-if-complete value or a combination. We identify suitable lenders based on the specific project profile.
- Does Bridle Partners assist with development finance?
- Yes. We assist with identifying suitable lenders and structuring development finance applications. Development finance is a specialist area and early engagement — before DA approval or presales — is beneficial for planning the finance structure.
Discuss your development project
Speak with Bridle Partners early — before DA approval or presales — to plan the finance structure properly.
Contact us