Development Finance
Loan Square specialize in Development Finance and intends to provide Kiwi developers secure finance for their development projects.
Our multinational experience and strong business acumen hugely benefits our clients in the development sector, giving them flexibility and ease of getting things done. We have a huge network of contacts in the construction sector which can be immensely useful in case you need them.
We are NZ based and owned, non-bank lender and understand the intricacies of the development cycle. Our directors have engineering and architectural background and have been involved in real estate construction and related business in NZ for the last 6 years. One of our directors has worked in the banking sector for 20 years and understands project financing well.
From land acquisition to the final stage of construction we break down barriers to all stages of the project life cycle.
Bespoke Development Funding
Developers and Builders understand that time is money and Loan Square is best to provide quick turn around and flexibility
- Loans from $500,000 to $10,000,000
- Capitalise Interest Options
- Mezzanine Funding
- Residual Development Stock Loans
- Low or no pre-sale finance
Residential Developments
Terrace Houses, Duplex, Triplex or Stand Alone Houses
Commercial Developments
Boarding Houses, Industrial Warehouse & Childcare Centres
Subdivisions
Residential, Commercial and Industrial Subdivisions
FUNDING LINES FOR RATES STARTING FROM 8.5%
Finance Options Availiable From $500,000 to $10,000,000
Features & Benefits of Loan Square Development Finance
Flexible and easy lending criteria with no hidden cost
Multinational experience to create highly competitive packages for our clients
Funding available within week once all criteria are met
Experienced and knowledgeable team for making things easy
Tailor made solutions as per the clients need and portfolio
Evaluating the Opportunity
From inception to funds disbursement, we review the full development lifecycle and custom design the funding packages. Funding is tailor made to the needs of the project.
Our comprehensive package evaluates the project, gives constructive feedback and advice clients not only at enquiry level but also during project execution in terms of loan, assisting in easy communication with other stakeholders’ consultants, contractors.
What we evaluate?
- A comprehensive breakdown of various consents, budget allocation and consent are taken into consideration for the project feasibility
- Building plans, Resource consent, Building Consent, and Engineering drawings.
- Pre-sale estimate
- Construction Contracts and Tenders
- Exit Strategy assessment
The Funding Process
Our team will quickly access the project feasibility and provide indicative terms as little as 24 hours.
Formal letter of offer is issued and once you accept the indicative terms.
The offer letter details following:
- Fee Structure Â
- Interest rates Â
- Loan TermsÂ
- Any terms and conditions depending on the project Â
- Our letter of offer is fully credit approved and we stand by our commitment to fund your projectÂ
Once we receive the signed letter of offer and deposit fee, we work with your solicitor to execute the loan agreement and work with them toward settlement.
Establishment fee and legal fee are payable by the client, and these are stipulated upfront.
