Construction Finance
Funding for ground-up development, structured to your project.
Senior debt, stretch and mezzanine — development finance structured around your GRV, cost and exit, placed across our panel.
Development finance that fits the deal, not a template.
Ground-up development lives or dies on the capital stack. We arrange development finance and place it with the right funders from our panel of 50+ non-bank and private lenders, structuring senior debt — and, where it stacks up, stretch senior or mezzanine — around your project.
We work the numbers that matter: gross realisation value (GRV), total development cost (TDC), loan-to-cost and loan-to-GRV, and a credible exit. Senior debt typically funds the bulk of cost; stretch and mezzanine fill the equity gap at a higher rate because they sit further up the risk curve. This is business-purpose finance for developers with an ABN, building to sell or hold.
Years of credit experience mean we know which lenders price keenly on residential versus commercial, which fund with limited pre-sales, and which can move when a site is under contract. Indicative answer in 24 hours.
Why arrange development finance through X Private.
The whole capital stack
Senior, stretch senior and mezzanine arranged together so the project funds end to end.
Structured on GRV and cost
Facilities built around loan-to-cost and loan-to-GRV, not a one-size LVR cap.
Reduce your equity in
Stretch and mezzanine can lift total leverage so less of your own cash is locked in the deal.
Limited pre-sales considered
Lenders that fund with modest or no pre-sales where the fundamentals are strong.
Residential and commercial
Apartments, townhouses, mixed-use and commercial development — matched to the right specialist.
Move at deal speed
Indicative answer in 24 hours so a site under contract doesn't slip away.
What we arrange.
Ground-up and major works, residential or commercial. Common scenarios:
- Apartment and unit developments
- Townhouse and multi-dwelling projects
- Mixed-use and commercial development
- Land subdivision and civil works
- Stretch senior to lift total leverage
- Mezzanine to fill an equity gap
- Developments with limited pre-sales
- Refinancing a stalled or under-funded project
Three steps from deal to done.
We move at deal speed — an indicative answer within 24 hours and most deals settled in 5–10 business days.
- 01
Submit
Send us the deal. We give you a yes, no, or what-we-need within 24 hours.
- 02
Approved
We take it to the lenders most likely to back it, negotiate terms, and bring you a clear recommendation.
- 03
Settled
We manage the lender, legals and PEXA. Most deals settle in 5–10 business days; urgent ones faster.
Common questions, straight answers.
Senior debt sits first and funds the bulk of cost at the lowest rate. Stretch senior pushes that leverage higher. Mezzanine sits behind the senior debt, fills the equity gap and is priced higher because it carries more risk. We structure the right mix for your project and exit.
We're a specialist property finance brokerage: we place each layer of the capital stack with the most suitable funders from our panel of 50+ non-bank and private lenders.
No — development finance is for developers. It funds projects built to sell or hold, never an owner-occupied home.
Often, yes. Several of our lenders fund with modest or no pre-sales where the GRV, cost and location stack up. We match your project to lenders comfortable with the pre-sale position.
Typically against total development cost (often up to ~80% LTC) and gross realisation value (a sensible LVR of GRV), with a quantity surveyor monitoring drawdowns. We'll model it with you and place it accordingly.