Funding Solutions
Property development finance structured around the project.
Construction funding is rarely one-size-fits-all. A development may require senior construction debt, another may require additional capital when costs move, a second mortgage to close a funding gap, or bridging finance while an approval, refinance or sale progresses.
Construct Financial structures property development and construction finance across the full capital stack, bringing together funding partners, private investors, and our own capital where appropriate. From site acquisition through construction, completion and exit, we structure funding around what the project actually needs.
Our Funding Solutions
Funding from acquisition to completion.
Eight funding structures across the life of a development. Open any one for detail.
01
Land & Site Acquisition Finance
Secure the site before construction funding begins.
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Land & Site Acquisition Finance
Secure the site before construction funding begins.
Short-term property finance for developers acquiring or refinancing development sites while development approvals, permits, planning or construction funding are being progressed.
Funding may also provide working capital to move the project through its pre-construction phase.
Explore Land & Site Acquisition Finance
02
Construction Finance
Fund the development from commencement through construction.
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Construction Finance
Fund the development from commencement through construction.
Senior construction finance for residential, commercial, industrial, mixed-use and land development projects across Australia.
Facilities can be structured around the project's construction program, cost-to-complete position, valuation, presales where applicable and intended exit.
Construction funding is generally drawn progressively as the development reaches agreed construction milestones.
03
Commercial Finance
Refinance the asset or hold it while stock sells down.
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Commercial Finance
Refinance the asset or hold it while stock sells down.
Commercial property finance for borrowers refinancing an existing facility, replacing an expiring lender or funding a holding position while completed stock or surplus property is sold down.
Facilities can be structured around the asset, existing debt, the sale program and the intended refinance or exit.
04
Mezzanine & Second Mortgage Finance
Close the gap between senior debt and the capital required.
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Mezzanine & Second Mortgage Finance
Close the gap between senior debt and the capital required.
Where the senior facility does not provide enough capital to complete the funding requirement, mezzanine or second mortgage finance can provide an additional layer of development capital.
The facility sits behind the senior lender and can be structured around the remaining project equity, valuation, construction position and exit strategy.
05
Preferred & Structured Equity
Additional capital where debt alone does not complete the stack.
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Preferred & Structured Equity
Additional capital where debt alone does not complete the stack.
Some developments require a larger or more flexible capital contribution than traditional debt structures can provide.
Preferred or structured equity can sit alongside senior debt and developer equity to complete the project's capital requirement.
Structures are assessed individually based on the project economics, security position, developer contribution, forecast returns and exit strategy.
06
Cost-Overrun & Top-Up Funding
When the project changes but the original facility does not.
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Cost-Overrun & Top-Up Funding
When the project changes but the original facility does not.
Construction costs move.
Variations emerge. Programs extend. Interest costs increase. Contingencies are consumed.
When the remaining project costs exceed the capital available under the existing facility, we assess the actual cost-to-complete position and determine how additional funding can be introduced.
Depending on the project, top-up capital may be structured as senior debt, a second mortgage, mezzanine finance, equity or a combination.
07
Bridging Finance
Capital for the gap between where the project is and what comes next.
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Bridging Finance
Capital for the gap between where the project is and what comes next.
Bridging finance provides short-term funding while a development moves between significant stages.
This might be while waiting for development approval, settling an acquisition, refinancing an incumbent lender, finalising construction funding or completing another defined exit event.
Where we are also a credible construction funding option for the project, the future construction facility can be considered during the initial assessment rather than treating the bridge and construction funding as completely separate transactions.
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Residual Stock & Exit Finance
Give completed stock time to sell without forcing the exit.
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Residual Stock & Exit Finance
Give completed stock time to sell without forcing the exit.
A development may be substantially or fully complete while apartments, townhouses, lots or other project stock remain unsold.
Residual stock and exit finance can refinance construction debt and provide additional time for orderly sales or longer-term refinancing.
Why Construct Financial
We look at the development as a whole
We look at what has been spent, what remains to be built, where the current capital sits, what the completed project is expected to be worth and how the debt will ultimately be repaid.
That allows us to assess the entire development rather than simply matching an application against a standard lending matrix.
Project Stage
Where is your project now?
Acquiring the site
Land acquisition, bridging and pre-development finance.
Preparing to build
Construction finance, senior debt and capital-stack structuring.
Already under construction
Construction refinancing, mezzanine, second mortgage and top-up capital.
The budget has moved
Cost-overrun and additional completion funding.
The project has stalled
Lender replacement and completion funding.
Construction is complete
Residual stock, bridging and exit finance.