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We work with both bank and non-bank development lenders across Australia, allowing us to match your project with lenders that actively fund your type of development.
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Steer your development project from site acquisition to completion with a funding solution structured around your project’s cost, timeline and exit strategy. Nice Loans helps developers compare suitable lenders, present stronger applications and manage the entire funding process from approval through to settlement.
With capitalisation switched on, interest accrues against the facility at each stage instead of falling due monthly, there's nothing to service until completion or sale.
Development finance is a short-term lending facility designed specifically for property development projects. Unlike a standard construction loan, which is generally intended for a single owner-occupier home, development finance is structured around the entire project lifecycle. Funding from the financing can cover land acquisition, construction costs, professional consultant fees, council and statutory costs, contingency allowances, and interest, as well as holding costs where capitalised.
Built for developers who need funding to move at the pace of the build, not the bank.
Development finance is won or lost on rate, runway and cash flow. Here are the terms we structure the facility around:
Pricing is assessed on your project’s strengths, including land value, feasibility, builder experience, presales and exit strategy, rather than a standard rate card.
Facilities can be structured to accommodate planning approvals, construction, settlement delays and your intended exit without unnecessary time pressure.
Rather than making monthly interest repayments, interest can be added to the loan balance and repaid when the project is completed. This helps preserve working capital for construction costs, variations and contingencies.
Nice Loans manages the finance process from initial assessment through to the final discharge of the loan, giving you a single point of contact throughout the project.
We review your development feasibility, construction budget, development approval status and proposed exit strategy to determine the project’s borrowing capacity.
Your project is matched with lenders whose policies suit your development type, location, funding requirements and risk profile.
Once indicative terms are accepted, we coordinate formal approval, valuations, loan documentation and facility structure, including interest capitalisation where applicable.
Funds are released at each construction stage following QS certification, from slab through to completion.
At practical completion, the facility is repaid through property sales, refinanced into long-term debt or another agreed exit strategy.
Preparing a strong application improves both your approval prospects and the terms available. Here’s what to have on hand before your first conversation:
Development feasibility and cost report.
Development approval (DA) or a clear approval timeline.
Fixed price building contract with a licensed builder.
Exit strategy, including presales, lease commitments, or refinance plans.
Equity contribution through land value and/or cash.
Previous development experience, where applicable.
Development finance is relationship lending, the right introduction to the right lender matters as much as the numbers.
We work with both bank and non-bank development lenders across Australia, allowing us to match your project with lenders that actively fund your type of development.
Before approaching lenders, we review your feasibility, construction costs, project timeline and exit strategy to ensure the application is well-positioned.
Rather than simply comparing interest rates, we negotiate the overall facility, including pricing, loan term, leverage and interest capitalisation to suit your project’s cash flow.
We coordinate lender communication, progress drawdowns and required documentation throughout construction, so you can stay focused on delivering the project.
The broker who structures your finance remains your point of contact from initial assessment through settlement, drawdowns and final repayment.
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A standard construction loan is generally designed for building a single residential home. Development finance is intended for multi-dwelling and commercial projects, with funding structured around the total development cost and a defined exit strategy, such as sale or refinance.
Interest is added to the loan balance during construction instead of being paid monthly. The total balance repaid when development is sold or refinanced, helping preserve cash flow throughout the build.
Borrowing capacity depends on the lender’s assessment of your project. Facilities are commonly based on a percentage of the total development cost (TDC) or the gross realisation value (GRV), taking into account factors such as equity contribution, presales, builder experience and project feasibility.
Not always. Some lenders will fund projects without presales where the exit strategy involves refinancing or retaining completed properties. For larger developments, presales often improve borrowing capacity and lender appetite.
With a complete application, indicative terms can often be issued within a few business days. Formal approval depends on valuation, due diligence and lender assessment. Having your feasibility report, DA, building contract and exit strategy prepared upfront typically results in a faster approval process.
A no-obligation feasibility consultation takes around 20 minutes. Bring your project costs, DA status, and builder’s contract to assess how your project stacks up with our panel of development lenders.
Comparison rate from 7.99% p.a. is indicative only and subject to individual project assessment, security, loan-to-value ratio, presale or exit evidence, and lender credit criteria at the time of application. Loan terms up to 36 months and interest capitalisation are subject to lender approval and may not be available on all facilities. Fees, charges and lender-specific terms and conditions apply. This information is general in nature and does not take into account your objectives, financial situation or needs , please consider whether it is appropriate for your circumstances before proceeding. Nice Loans is a credit representative and can facilitate introductions to Australian Credit Licence holders. Full terms available on application.