Development Finance
Funding for ground-up construction and development, covering land purchase and build costs.
Key Features
- Up to 65% of GDV
- 100% of build costs possible
- Interest rolled up
- Experienced developer network
Use Cases
- Residential developments
- Commercial developments
- Mixed-use schemes
- New build projects
Eligibility Criteria
Documents commonly requested
- Recent business bank statements
- Latest filed accounts and current management information
- Identification and business ownership information
- Evidence supporting the funding purpose
- Property, asset, invoice or contract information where relevant
The exact list depends on the facility and lender. Documents are requested only when relevant to the application.
Important considerations
- Compare the total cost, not only the headline rate
- Understand arrangement, valuation, legal and exit fees where applicable
- Check how repayments affect business cashflow
- Review security, debenture and personal-guarantee requirements
- Consider early repayment and default provisions before signing
How it works
- Tell us about your funding need
- We compare the whole-of-market lender network
- Receive competitive offers tailored to you
- We manage the application to completion
Why use FinanceMyCompany?
- Whole-of-market lender access
- Transparent, fee-clear advice
- Dedicated finance specialist
- Fast, straightforward process
Development Finance — Frequently Asked Questions
What is GDV?
Gross Development Value — the estimated market value of the completed development. Lenders typically lend up to 65% of GDV.
Can I get 100% finance?
With additional security or mezzanine finance, 100% of total project costs can potentially be covered.
Ready to explore development finance?
Speak to a specialist and get tailored options from our whole-of-market lender network.
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