Flexible, Short-Term Funding for Fast-Moving Opportunities

The developer required immediate funding to secure a site in Austral and progress a residential construction project. Their owner‑builder status limited access to mainstream lenders, which typically require substantial equity and third‑party builders. With a tight settlement deadline of 17 days and a need for high leverage to bridge the capital gap, the client faced multiple constraints that could have halted the acquisition.

The client sought to acquire a prominent site in Hope Island with plans to undertake a high‑end residential construction project as an owner‑builder. While the project was strong and feasibility sound, mainstream banks were unwilling to support the required LVR or the owner‑builder model. The client lacked the capital contribution typically demanded for construction loans, creating a funding gap that would have stalled the development. Without a flexible financing partner, the client risked losing the site and delaying commencement.

The client, an experienced developer with a significant landholding in Luddenham, faced an expiring first mortgage that required urgent refinance. The existing lender was unwilling to extend terms, creating pressure to secure an immediate solution to avoid default exposure. Timing and valuation acceptance were the core challenges—given the scale of the asset and market fluctuations, many lenders were hesitant to move quickly or rely on the client’s existing valuation. The client needed a financier capable of executing a large transaction under tight timelines without compromising structure.