Construction Loans
These are short-term loans used to finance the cost of construction. The loan amount is usually based on the projected value of the property after construction.
Industry Specific
Types of Commercial Loans for Property Development
There are several types of commercial loans that property developers may consider:
Land Development Loans
These loans are used to finance the purchase and development of raw land into a build-ready site.
Bridge Loans
These are short-term loans that provide quick financing for immediate needs, such as acquiring a property or starting a project while waiting for long-term financing.
Permanent Loans
These are long-term loans used to pay off short-term construction or bridge loans. They are typically secured by a mortgage on the completed property.
Need for Expert Advice
Navigating the world of commercial lending can be complex. Working with a commercial lender like Madd Commercial, who understands the needs of property developers, can be invaluable. We can guide you through the process, help you understand your options, and work with you to secure the best possible loan for your project.
At Madd Commercial, we’re not just a commercial lender – we’re your partner in achieving your property development goals. Contact us today to learn more about our commercial lending services for property developers.
From securing your first business loan to managing mergers and acquisitions, our free service takes the stress out of navigating commercial finance. We offer our services Australia wide, so why not reach out to us today. Whether you’re looking to invest in commercial property, need cash flow finance, or seeking equipment finance, we’re here to help. We’d love to hear from you.
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