Construction loans carry risk. And in an ever-evolving lending market with rapidly changing conditions, the right structure, approach and negotiation are critical. With Lenders changing course constantly, and the overall economic outlook uncertain, the stakes are too high to leave this to chance.
Balcombe specialises in construction finance. Given our construction finance background and track history, we are continually up-to-date on marketplace conditions, lender policies and news in the construction finance market. We approach every construction project as if we were the Lender. This rigorous analysis delivers the best structure for the most successful results.
We can assist clients who are completing straightforward residential projects like single dwellings and townhouses, right through to large-scale apartment developments, factories and land-subdivisions.
Balcombe provides the following construction finance solutions:
Land-bank and site acquisition finance
Traditional construction finance - construction contingency, project management, consultants costs and holding costs, interest capitalised during construction and the budget selldown period
Construction finance which requires pre-sales flexibility, typically arranged via non-banks and private lenders
Take-out/recapitalisation of development residual stock to clear construction loans, release equity or provide an extended selling period.