Development Finance
Development Finance with Greenbridge Finance
Greenbridge Finance assists clients with development finance for land subdivision projects, residential developments, and commercial development projects. Development finance is more complex than standard residential or commercial loans, and lenders assess these projects based on feasibility, experience, project costs, and end values.
We work with a range of lenders including banks and non-bank lenders to help arrange suitable funding solutions for development projects.
Land Subdivision Finance
Greenbridge Finance assists with finance for land subdivision projects, including small and large subdivisions. This may include subdividing land into multiple lots for sale or future construction.
Subdivision finance may cover:
Land purchase
Civil works and infrastructure
Roads and services
Council contributions
Professional fees
Interest and holding costs
Lenders will usually assess subdivision projects based on feasibility, project costs, end values, and the borrower’s experience and financial position.
Residential Development Finance
Development finance can also be used for residential development projects such as:
Townhouse developments
Unit or apartment developments
House construction projects for resale
Dual occupancy developments
Small residential developments
Greenbridge Finance can assist with structuring development loans and presenting the project to lenders.
Commercial Development Finance
Greenbridge Finance also assists with finance for commercial development projects, including:
Office developments
Warehouse developments
Industrial developments
Retail developments
Mixed-use developments
Commercial development loans are generally assessed based on feasibility studies, pre-lease agreements (in some cases), project costs, and expected end value of the completed project.
How Development Finance Works
Development loans are usually structured differently from standard property loans. Funds are typically released in stages as the project progresses, similar to construction loans, but development loans also consider project feasibility and end values.
Development finance generally involves:
Land value and purchase price
Total project costs
Feasibility and project profit
Developer experience
Presales or pre-leases (if required)
Loan to cost ratio
Loan to end value ratio
Greenbridge Finance can help you understand lender requirements and assist in structuring the development loan.
What Lenders Usually Require
Development finance applications usually require more information than standard loans. This may include:
Feasibility study
Project plans and drawings
Council approvals or permits
Building contract or cost estimates
Presales (if required)
Builder details
Developer experience summary
Company and trust financials
Asset and liability position
We help you prepare and present the information required for development finance applications.
The Development Finance Process
Greenbridge Finance will guide you through the development finance process:
Initial discussion about the project
Review feasibility and project costs
Identify suitable lenders
Submit development finance application
Valuation and feasibility assessment
Loan approval
Loan documents and settlement
Progress funding during the project
Project completion and loan repayment or refinance
Development finance requires careful planning and structuring, and we assist throughout the process.
Speak With Greenbridge Finance
If you are planning a land subdivision, residential development, or commercial development project, Greenbridge Finance can assist you in arranging suitable development finance and guiding you through the lending process.