Are you a property developer experiencing funding challenges?

We are one of Australia’s leading commercial finance consultancies focused solely on lending solutions for property developers.

We are a licensed Credit Representative (Connective Credit CRN 542282) which gives us access to a wide range of bank and non-bank lenders. These lenders represent the top tier property and construction lenders in the Australian marketplace.

We source loans for:

Land
Construction
Mezzanine
Preferred Equity
Refinance & Residual Stock

Download our Development Lending Guide

Get Finance

Download our Development Lending Guide

Developers choose us for one simple reason: we get projects funded.

We treat every project enquiry in confidence and have development in our DNA. We add value to developers by stress testing project feasibility assumptions up front to ensure your project once submitted will get funded.

Our funding process aims to not only minimise finance costs to the developer, it is also designed to be as efficient as possible whilst ensuring your partnership with ethical and responsible lenders.

Why choose CPC’s Development Lending Solutions

Rapid approval process

CPC’s network of lenders are fast movers. We only deal with the decision makers so developers enjoy honest and quick lending decisions. This leads to a shorter time to settlement and start on site dates.

Competitive rates

We pride ourselves on getting the best possible rates and fees for our developer clients. Download our free lending guide for further details.

Ethical funding

Our processes aim to not only minimise finance costs to the developer but also ensure partnership with ethical and responsible lenders.

Developer debt diversity

Banks are continuing to tighten credit to developers by reducing the concentration of debt with any one borrower. Developers now need to ask themselves key questions around their business exposure to a single large lender. Debt diversification will help protect your business.

Lower levels of pre-sales

CPC’s lenders are experienced property people, they understand the challenges involved in obtaining pre-sales in today’s market. Generally our lenders will allow projects to commence with lower debt coverage and number of pre-sales. This allows developers to start construction sooner, reducing your overall project holding costs.

Deal with property people

We know the market well and have a detailed understanding of property transactions. CPC works with developers to find you the best private lending option for acquisitions and construction finance, and we deal with all the property people on your behalf.

New to Development Lending? Download CPC’s free Development Lending Guide Now

Our Lender Panel

ANZ

Better Mortgage

Grow

ING

Pepper Money

St. George

Suncorp

Westpac

Paramount

La Trobe

Connective Home Loans

Assetline

Aust Unity

Austar

Balmain

Cenruia Bass

CRC

Dorado

Pallas

Jadig

Max Cap

Metric

Monark

Remara

Solido

ThinkTank

Exclusive Development Lending Guide

We have produced an in depth funding guide to assist you with understanding the may benefits of lending. Click below to download your free copy.

Download - CPC Development Lending Guide

“CPC is a professional outfit, Dave displays all the top characteristics of a quality finance broker. Highly effective communication and prompt provision of requested information greatly assists in the loan assessment process benefiting both the client and the lender. His end to end knowledge of the loan application and settlement process is invaluable when navigating through sometimes complex and time sensitive scenarios”

Greg Turner - Trilogy Funds ManagementLender Testimonial

“CPC’s grounding in development management sets them apart from other finance brokers in the construction lending space. Initial assessment of project risks and deep understanding of their developer clients needs allows Solido to quickly assess his deals. Dave stays involved in the projects after initial settlement which is invaluable in assisting both developer and lender on the way through and at loan exit.”

Beau Quarry - Solido Capital Lender Testimonial

“David is highly responsive, always professional, kind and patient. We were impressed with the detail and updates provided by David throughout the lending process. David has shown a high degree of understanding in the structuring and brainstorming of an optimal funding solution, finding a suitable solution for both the capital provider, and the client”

Lender TestimonialSouth Yarra VIC

Frequently asked questions

How do property developers get financed?

Property developers should contact a specialist development finance broker to help them get a development loan. The finance broker will let them know what documentation they need to provide, give them advice about structuring, research different loan options, recommend a suitable finance package and then manage the application process from beginning to end.

How much deposit do I need for development finance?

The deposit or developers equity you’ll need for development finance will depend on the lender and your project, it is generally a number between 10% and 25% of the total development costs.

It is possible to get development finance without putting in cash equity by offering other assets such as completed (or near completed) property from existing projects or other investment property as security.

If you have no debt on the land and existing structures you are looking to redevelop you may not need to put down any deposit or additional security.

How do construction loans work in Australia?

In Australia, construction loans are paid out in instalments and not in a single lump sum. The construction lender will hold the first mortgage (senior debt) over the subject property.

The instalments are paid on a monthly basis for works that are verified as fixed in place by a quantity surveyor. Typically a quantity surveyor, appointed by the lender, will prepare an initial report and carry out monthly inspections to authorise the lender to release of the next instalment.

Another feature of construction loans is that you only pay the interest on the outstanding drawn balance. The capital (original loan amount) is usually repaid at project completion through the end purchaser settling on their new property.

What is property finance?

Property finance refers to any type of loan for land or buildings. These buildings could be strata, houses, units, offices, or retail spaces.

The property is generally offered as security for the loan, which is known as a mortgage.

Property finance can also be in the form of a property development loan which is available when multiple structures are built on a single piece of land.

Can you get 100% development finance?

Yes. It is possible to get 100% development finance if the equity you hold in the land and structures on it exceeds the finance required.

You might also qualify for 100% development finance if you provide other security like another completed development, or your personal assets.

Having a guarantor may also help you get 100% development finance.

Legal & Compliance

Crowd Property Capital Pty Ltd (CPC)

A registered company under the Corporations Act 2001, ACN 600 539 544

An accredited member of the Finance Brokers Association of Australia (FBAA) Member No M-352808

A licensed Corporation under the Property, Stock and Business Act 2002, Corporation License No. 10065109.

A member of the Real Estate Institute of NSW (REINSW)

David Lovato (Sole Director) holds a Certificate IV in Finance and Mortgage Broking and Property Services (Real Estate Agents License No 201 604 57 )