Got plans for a duplex development in Sydney, a land subdivision project in Queensland or a boutique apartment development in Melbourne? Looking for fast and flexible private construction loans?
Construction loans from Formation Finance turn blueprints into reality. Whether you are developing townhouses, apartments, land subdivisions, mixed-use, industrial or commmercial projects, we provide fast and flexible constructions loans that can help you start and complete your projects sooner.
🔥 Why let bank delays derail timelines when you can get construction finance quickly?
✅ Tailored for Developers and Builders who value speed and flexibility:
Loan Amount: $1M30M+
LVR: up to 70% (on GRV ex GST)
Term: 12–24 months (aligns with your project timeline)
Interest Capitalised: Preserve cash flow during construction
No Pre-Sales: Start now, sell later for higher
▸ Duplex development funding – Start with no presales and retain or sell later for higher price
▸ Townhouse and apartment development finance – Simplify complex construction process
▸ Land subdivison development funding – Fund subdivision stage by stage for optimal cash flow
▸ Commercial property development finance – Build it and find better tenants later
“A Melbourne developer secured $7M in construction finance through us, started heir Doncaster townhouses development with no presales and minimal cash equity, and sold all townhosues upon completion for high retail price”
Banks demand pre-sales and endless paperwork. We fund potential.
Approvals in 5 Days – Not 5 months
No Presales? No Drama – We enable you start your project now and sell later for higher retail price
Quick Construction Drawdowns – Pay builder within 3 days from claim approval
Tailored for private property developers:
High LVR – Requires less cash equity
Interest capitalised – No monthly payments required during development
Roll into Residual Stock Loans – Give you more time to sell after project completion
| Development Site Loans | Construction Loans | Residual Stock/ Bridging Loans | Mezzanine Loans | |
|---|---|---|---|---|
| LVR (up to) | 70% | 70% | 70% | 75% |
| Loan Term | 3-24 months | 12-24 months | 3-24 months | 3-24 months |
| Rates (from) | 8.49% p.a. | 9.99% p.a. | 8.49% p.a. | 15.00% p.a. |
Construction loans are structured to fund construction projects progressively. Instead of receiving the full loan upfront, funds are distributed through progress payments monthly or per stage. This schedule outlines when and how much of the total loan amount will be released at each phase of construction. During the build, interest is only charged on the funds that have been drawn, not the entire loan amount—making construction loans a cost-effective way to manage cash flow. We also offer private construction loans for developers and builders seeking faster approvals and more flexible terms.
Yes, absolutely — duplex construction projects are commonly funded through both standard construction loans and low doc construction loans, depending on your needs and documentation.
If you’re a developer or investor building a duplex, non-bank lenders can offer more flexible terms and faster approvals than traditional banks. Whether it’s for subdivision, house-behind-house, or side-by-side dual occupancy, we can tailor construction loan solutions to match the scale and timeline of your project.
Approval times can range from a few days to a few weeks, depending on the complexity of your project and the documentation provided. Our streamlined process ensures faster decisions compared to traditional banks.
Not always. While some projects benefit from having pre-sales in place, especially for larger multi-unit developments, we assess each application individually. Our flexible approach means we may be able to offer funding without pre-sales, depending on the strength of the project and the developer’s experience.
