Development Loans

Are you an experienced or first-time property developer? Has the bank said ‘no’ because you don’t have pre-sales or your financials are not current?

At IBN Direct we have the alternative funding options to get your loan approved and your development completed sooner without the added expense of pre-sales marketing.

  • Development finance options are available for the construction of residential, commercial and industrial property developments, as well as mixed use development and land subdivisions.
  • Up to 65% of gross realisation
  • Up to 100% of construction costs covered
  • Pre sales not always required
  • Previous credit issues considered
  • Predominantly East Coast
  • Loan amounts $2 -$150 million (higher on application)
  • Mezzanine funding and land banking available

Why IBN Direct is your solution…

  • We understand the property development and the difficulties you have faced getting your loan approved.
  • We have a close relationship with our panel of Funders allowing us to expedite your application. We know that delays in funding can have a knock-on effect and we work tirelessly to achieve the results you need.
  • We will advise you in advance of all the costs and fees involved and we don’t charge upfront fees.
  • Our knowledgeable staff will keep you updated and assist you through every step of the loans progress.
    • 2015 DEvelopment pic

Contact one of our experienced team today to discuss your project funding needs. We think outside the square to find development funding when the banks say ’no’

Learn more about our other funding solutions:

Commercial Loans Short Term Business Loans Non-Conforming Loans

 

Testimonials

“Our team here have had the pleasure of working with Scott and Fiona Roberts along with their team at IBN for the past couple of years. We have found everyone involved with IBN to be very efficient, organised and professional with all the dealings that we have had with them. Nothing is too much trouble for the team at IBN and the services that they offer to both the client and the funder are second to none. We look forward relationship with the IBN team well into the future.”

- Funder

“IBN always go that one step further to achieve an outcome. If at all possible, they achieve results for their clients. Communication channels are an extremely important part of this business, and IBN have an excellent system. Dealing with IBN is professional, at the same time keeping the personal touch as its focus.”

- Private Funder

"Operating as a Financial Counsellor I encounter many difficult financial situations. Recently I had a client with a complex arrangement that none of the major Banks were willing to help with. I had IBN’s number sitting in my draw for a few months and thought I would see if they could help me find a solution for my client. It took a little while to find the right answer to a complex problem that would work for my client and I, but the staff at IBN were fantastic and never gave up on finding me a suitable Lender within the timeframe I had. When the settlement was completed and we could breathe again my client and I were ever so thankful for the support and professionalism IBN gave us.  IBN provides a fantastic service and I would recommend them to anyone."

Rod Garland ~ Financial Counsellor