
Client Profile:
An experienced property developer owning a construction company. Undertaking a five-townhouse development in Dandenong, leveraging three presales.
Key Challenge:
Navigating complexities as an owner-builder in property development.
Lending Solution:
Secured funding from a major bank covering full construction costs and cashed out against land equity. Demonstrated extensive construction experience, enabling support for “owner-builder” scenarios. Simplified drawdown process achieved, even with Quantity Surveyor involvement.
| Term : | 15 months |
| Loan Amount : | $1.5 million |
| Product Solution : | Commercial Construction Loan |
| Location : | Dandenong VIC |