Citywide offer multiple solutions in attaining development finance. With an unparalleled access to a vast array of financial lenders, our experienced team can assist any property developer in finding your finance solutions.
Our agents, your advantage
Citywide Lending understand that investing in a development loan is one which aims to attain the highest return on investment possible, considering multiple elements of the development process. As development finance differs to ordinary investment loans, Citywide can assist in acquiring the best finance option, from DA land through the construction stage, all the way to the final product. We want your project to become a long-term investment; Citywide can make it happen.
Why finance with Citywide?
As a property developer, investing in Citywide Lending will help you understand finance through the lens of the banks. The criteria in obtaining finance for development projects is a tedious assessment with a detailed application process; the banks look at the risk involved, the LVR, your repayment abilities and the viability of the development itself.
Development loans are staged (there is no one lump sum), meaning that you do not pay interest throughout the construction process. This incites that there are different lending options throughout the process of developing, meaning the finance obtained is an ongoing process in itself. Citywide develop innovative solutions and strategies to assist you in selecting and obtaining the optimum finance solution, and assist in ensuring that budgets and cash controls are implemented during the development process. Furthermore, as the project progresses, information must be continuously communicated with the lender to ensure that compliance with law is met.
Let us alleviate some of the stress when building and invest in our expertise when obtaining development loans.