balmain + commercial + products + construction loans
Construction Loans
Balmain’s undisputed expertise in lending rewrites the ways developers do business in the property world.
It’s inevitable. Property is an ever-evolving market. As any developer knows, rapidly changing marketplace conditions can have a dramatic effect on project profitability, so it makes smart business sense to deal with a financier who commands the widest knowledge of financial expertise in the country.
With a high monthly loan throughput, Balmain is continually up-to-date on the most recent developments, innovations and news in the construction finance market. This is why clients come to think of Balmain’s originators as their ‘at call’ finance directors.
From straightforward ‘walk up’ residential projects to multi-million dollar office and retail developments, Balmain is incessantly active in lending for a vast array of commercial, industrial, retail and residential projects.
Nothing short of impressive, Balmain’s loan facilities cover all facets of construction funding. From the traditional 80 per cent of cost funding to highly leveraged structured finance loans and equity placements, Balmain offers loans from $1million to $100million. An exceptional range of construction and development loan products combined with expert construction finance teams mean that Balmain helps clients add hundreds of thousands of dollars to a project’s bottom line.
The range of products available includes:
- Land-bank finance with interest capitalised or paid monthly.
- Site acquisition against valuations uplifted by rezoning/planning approvals.
- Progressively drawn construction finance for developer builders or for developers outsourcing construction and covering budgeted construction, construction contingency, project management, consultants costs and holding costs, interest capitalised during construction and the budget selldown period.
- Structured finance solutions to increase gearing up to as high as 95% of project costs to improve return on equity, release equity to the developer, access higher value projects or provide bridging finance across multiple assets.
- Take-out/recapitalisation of development residual stock to clear construction loans, release equity or provide an extended selling period.
balmain + commercial + products + construction loans
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