$15M Development Project Funding
The client approached Nine Fincap for funding assistance on a development project requiring a larger and more structured finance solution. Development finance can be complex, especially where lenders need to assess the site, feasibility, construction costs, builder profile, GRV and exit strategy.
Nine Fincap worked through the project numbers, funding requirement and lender appetite. The application required a clear structure and strong presentation to suitable development finance providers.
Outcome
Nine Fincap helped arrange $15 million in development funding, allowing the project to move forward.
Client Feedback
“Our development project needed proper funding and the deal was not simple. Nine Fincap understood the numbers, structured the finance properly and helped us get the funding arranged. Their development finance knowledge was clear from the start.”
Loan Type: Development Finance
Loan Amount: $15 million
Purpose: Property development project
Key Strength: Development deal structuring and private/non-bank lender access