Land Bank Funding
Alpha 1 Financial Solutions can arrange finance in the form of Land Bank Loans to assist with the settlement of land in various stages of zoning and DA approvals.
Property Developers looking to de-risk their project utilise Land Bank Funding to finalise remaining design, zoning and development or construction consents and approvals, along with funding marketing, obtaining presales, procuring your construction contract and obtaining construction finance approvals.
Land Bank loan repayments are generally achieved through an initial settlement of your construction finance. Alpha 1 Financial Solutions can also arrange your construction finance to settle a land bank loan, providing an end-to-end solution.
Land Bank loan interest rates, LVR’s, terms, and serviceability requirements can all be tailored to meet your individual requirements and level of risk.
Benefits of Land Bank Funding
- Access funding without a DA.
- In most cases, Pre-sales are not required.
- Grants more time to get ready for the construction phase (e.g. obtaining DA’s, building approvals and pre-sales if necessary).