Your Expert Broker for Construction Lending Solutions

Development and construction finance is highly specialised and a key skill set of CPC Lending Solutions.

Led by David Lovato, our approach begins by obtaining a deep understanding of your project objectives. This ensures your loan submission is presented in a way that accurately summaries your finance requirements and captures the lenders attention.

By creating competition among our trusted panel of lenders, we help you secure the best terms for your development financing needs.

Contact David Lovato Today

Ready to explore your development lending options? Contract David Lovato today for expert advice and personalised service across all sectors of the development lending market.

Telephone: +61 434 932 634
Email: [email protected]

Why Choose David Lovato?

Extensive development experience
David’s background is in development management, with 20 years of experience in all facets of property development, holding roles across large and small development organisations.
Trustworthy lender network
With a career in development, David has forged relationships with both bank and non-bank lenders within the marketplace. His network of specialist construction lenders ensures your project only gets reviewed with trustworthy operators.
Transparency
David is committed to borrowers fully understanding the total finance costs on all transactions. His detailed assessment and lender selection process is clear and CPC Lending Solutions fees are fully disclosed upfront before work on your project commences.
Speed and funding certainty
Understanding development timing, speed to settlement and the lender having the funds ready to deploy is often a governing factor. This is always considered when presenting loan option to borrowers.
Comprehensive support
From the initial consultation to repayment of the loan, David stays in touch throughout. If additional time or funding is needed during the loan term, David can negotiate this on your behalf to ensure a smooth transaction from start to finish.

We’ll find you the best solution for:

Site Acquisition or Refinance Land Loans
Construction
Mezzanine or Preferred Equity
Residual Stock

Development Lending Enquiry

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“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

What are the aims of development finance?

The aims of development finance are to give a property developer the funds they need to build a project and to get the highest and best use out of the land.

The developer may do that by constructing multiple homes, or multiple office buildings, or a mixed-use project that incorporates both residential and commercial construction.

How are development projects financed?

Development projects are financed by lenders who grant mortgages or property development loans.

These lenders can be banks, non-bank lenders, high-net-worth individuals, family offices, self-managed superannuation funds, managed investment funds or corporations.

Finance packages are often secured by finance brokers like CPC.

What is development finance Australia?

Development finance in Australia is the money that funds a development project.

Australia also has specialist finance brokers that have the experience and expertise to help developers get finance, like Crowd Property Capital.

What is needed for development finance?

To apply for development finance, a developer needs to provide documentation about their financial status and experience, and details about the development, like cost projections and expected profits.

How easy is it to get development finance?

Getting a property development loan can be easy if you have a good track record of past developments and speak to the right finance broker.

A finance broker that deals with private lenders may be able to help you get finance when banks turn you down.

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.

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

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 )