Development Finance

The property development industry is currently going through one of its toughest periods since the financial crisis in the early 1990’s. With the residential property market depreciating in value, sales rates at a low point and banks tightening their lending criteria, most developers are finding it difficult to get projects off the ground or choosing to delay projects until the market improves.

The most critical issue facing property developers at the moment is sourcing bank funding for their projects. Bank lending criteria have become very difficult to meet, in particular the pre-sales covenants. There has never been a more important time to speak to a finance broker with experience and banking knowledge of the property lending space. Samuel Finance can present your project to the best property lenders, in the best possible light, to get the best possible outcome for you.