If you are thinking about getting involved in a construction project or property development, Can Finance Group can help. Development projects require a different kind of lending structure, often encompassing a construction loan as well as, potentially, other lending products. Working with a broker who is well-versed in construction and development lending is crucial to your success. The right loan at the right rate will support your vision from end-to-end, helping you reach your goals with a minimum of stress.
Development financing is specifically for the construction of commercial and residential property, such as:
- Apartment buildings
- Housing developments
- Factories
- Retail complexes
- Office buildings
- Commercial businesses of all types
- Working with a lender who specialises in these types of projects will give you a partner in ongoing success, as they will be fully vested in your project completing on time and on budget.
Can Finance Group has more than three decades of experience dealing with lenders in commercial property development and can connect you with the loan that is right for you. Our expertise in facilitating and structuring commercial development financing is a major asset for you, as we can help you cut through the chaff to find a situation that will work for you, both now and into the future.
Construction and development loans can be structured in many different ways. Flexible repayment plans can be established that include interest only, interest and principal, or interest capitalised, the latter of which repays the loan from the proceeds of the development.
Before you begin, schedule an appointment with a Can Finance Group mortgage broker. We will work closely with you to understand your project and discuss any challenges you may encounter, both financial and practical, in obtaining your funding.