Construction and
Development Finance
We provide first mortgage funding for property development and construction projects, such as:
Single and multi residential property development
Commercial property development
Reclad and remediation of weather tightness issues
Structural strengthening
Our flexibility allows us to structure lending to support your cashflows and specific project requirements. This includes pre-commencement advances on the development site, GST facilities, and advances for deposits on key project materials.
Our lending terms are:
Facility up to $20.000m
Interest Rates typically from 7.55% p.a.
Finance Fee from 2.50% (excludes brokerage commission)
Monthly Line Fee of 0.15%-0.25%
No requirement for pre-sales
No requirement for a quantity surveyor
What people are saying
“I dealt with Warren to refinance a large loan against a completed construction project. I was impressed by Warren’s positive approach, knowledge of the market and proactive attitude. He responded promptly with approval and only a few conditions to satisfy. He expedited the approval process efficiently, his timely response and advice around lending makes him stand out. Individuals of Warren’s calibre are instrumental to Cressida Capital’s growth and success. I wish him good luck.”
