What is development finance and how does it work?
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Property development finance and property development loans in property projects provide essential, specialist funding for the acquisition, construction, or renovation of property projects, overcoming capital shortages.
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This type of development loan is instrumental during the construction phase of projects, enabling developers to commence and continue their developments without financial strain. It caters to needs for DA-approved projects, such as purchasing land, construction costs, and managing cash flow efficiently.
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Development finance is a lifeline for developers, ensuring project continuity, reducing the risk of delays, and facilitating the successful completion of property development projects.
Why trust CrowdProperty with development financing and loans?
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CrowdProperty’s value proposition for DA-approved property investments is centred on providing streamlined, expert finance solutions. Our approach benefits SME developers by offering fast, certain funding for projects already holding DA approval, ensuring a quicker start to development. The meticulous due diligence process and first mortgage security provide confidence and safety to investors.
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With a strong track record of successful project loans and returns, we provide a secure and market-leading platform for lending to SME property developers.
For all loans, we offer:
- First mortgage security
- Up to 70% LVR
- Minimum six-month loan term
- No hidden fees (just a single establishment fee)
- No early exit fees
- Comprehensive due diligence from an expert team
Features and benefits of development finance
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Streamlined application process
CrowdProperty offers a user-friendly application process, ensuring quick and efficient access to funds for property developers. -
Expert due diligence and appraisal
Benefit from CrowdProperty’s rigorous project appraisal by experienced property experts.
How it works and things to know
1. Application, evaluation
Developers submit project details online. CrowdProperty’s expert property team assess each project’s feasibility.
2. Funding
Once a project loan is approved, it’s listed on the CrowdProperty platform. Investors pledge funds to the project loan.
Project completion
Once the loan is issued, CrowdProperty monitors progress and manages draw downs. On completion, the loan and interest is repaid.
