En
Ch
The serious impact that the current credit squeeze is having on the property development industry has been well reported by both DFP and widely broadcasted by the wider press. Globally we are all bearing witness to the volatility in markets created by sudden regulatory and monetary policy.
Why a previous client trusted DFP to deliver a no pre-sales finance solution that was not possible through the banks.
By Development Finance Partners / Matthew Royal Construction Finance via non-bank and private underwriters A substantial property developer had become frustrated with the major Banks and their inflexibility around debt coverage & construction loan with pre-sales. In a 400 lot staged residential house and land estate in Sydney’s South West, the Client had previously achieved strong take up rates during the past project Stages. Despite this proven record of accomplishment, the major Banks still insisted on 80% debt coverage for […]
By Development Finance Partners / Matthew Royal How Development Finance Partners panel of non-bank lenders can benefit you Firstly the pros of Bank products, well that’s fairly obvious ….a lower interest rate. So what are the cons of borrowing through a Bank at a lower interest rate? The cons are less obvious however are extremely important when it comes to assessing overall financial returns. A key driver to a developer’s internal rate of return on your cash equity is simply […]
We will get back to you as soon as possible.