Publish Date: June 4, 2020

At Professional Lending Solutions, we’re experts in property development and construction finance and have been providing tailored financing solutions to the residential, commercial, industrial, and retail property sectors for more than a years.

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Below, we take a deeper look into some of the benefits of working with a non-bank lender and how to secure finance for your next project with Professional Lending Solutions.

About Professional Lending Solutions Financing
Professional Lending Solutions provides registered property development funding and construction finance loans to the residential, commercial, industrial and retail property sectors. We have successfully funded hundreds of developments including land subdivisions, townhouses, unit blocks, small commercial developments, industrial complexes, prestige residential buildings, service stations, apartment buildings, retail shops and childcare centres.

Professional Lending Solutions s Lending team and Portfolio Managers operate across key locations in South East Queensland, Sydney and Melbourne. We focus primarily on the metropolitan regions, greater-city areas, middle-ring suburbs and key regional centres. 

Why finance your next project with Professional Lending Solutions?
Professional Lending Solutions (and our investors) can’t prosper unless you do. As the performance of each loan underpins the returns provided to our investors, we go above and beyond to add value and ensure our borrowers’ projects are successful.

Borrowers who choose Professional Lending Solutions benefit from limited pre-sale requirements, access to industry experience, personalized service, interest capitalisation, competitive pricing and a timely approval process.

Limited pre-sale requirements
We believe in backing developers with a strong track record and knowledge of the markets they’re operating in. Therefore, we consider loans based on a borrower’s property development experience, reputation, quality of the business plan and clarity of expectations set out in the loan proposal, rather than relying solely on the level of pre-sales.

Our Lending team members collectively have more than 100 years of experience in property across commercial lending, property, development and construction, project management, quantity surveying and finance. Our Lending team can add value to your project through:

Quantity surveying, project management and real estate agency services
Assistance with exit strategy planning
Assistance with sales through a proprietary sales management platform.
Tailored support and personalized service
Your dedicated Portfolio Manager works directly with you from loan application and settlement through to full loan repayment to assist in the financing of your project, sell down of completed stock, and repayment of your loan. Professional Lending Solutions also has a large national network of property professionals to ensure we always have the necessary consultants available to assist with your project.

Interest capitalization and competitive pricing
Interest is typically capitalised on loans financed through Professional Lending Solutions. This means you’re not required to have the cashflow to make repayments until the completion of the loan and can preserve valuable development capital for your project needs. As each loan is assessed on its individual merits, our comprehensive offer, including fees and charges, is adjusted accordingly.

Timely Response
Developers benefit from an efficient approval process, with an indicative response to your proposal in as little as 24-48 hours, and drawdown timeframes to keep projects on track.

Loan Profiles
We focus on loans ranging from $3 million to $20 million using funds readily available from Professional Lending Solutions’ pooled mortgage fund, the Professional Lending Solutions Monthly Income Trust. We may also be able to assist with additional access to funds for larger development transactions on a case-by-case basis.

Our typical loan repayment period is 12 months, with a maximum of two years.

How to apply for project development or construction finance with Professional Lending Solutions
So how do you get started? The first step to securing property development finance with Professional Lending Solutions is to complete the loan application form or submit a project proposal. We will generally need from you:

A project feasibility study
Relevant DA approvals (BA/Op-works approval or construction certificate is ideal)
A fixed-price construction contract
Borrower details such as a statement of assets and liabilities, and financial statements
Substantiation of the borrower’s background and track record in construction and development.
You can help us process your loan application as quickly as possible by providing comprehensive, well-prepared documentation.

Once your loan application is submitted, our Professional Lending Solutions business loan broker gold coast team will review and provide an indicative response to your proposal in as little as 24-48 hours.

It is important to be open and upfront when negotiating with a financier. Comprehensive due diligence is a standard part of the loan assessment process, so any information not disclosed may not be covered. 

Learn more about the next steps to obtaining finance with Professional Lending Solutions >
What should you look for in a financier?
It is important as a developer to seek a lender for your project who has:

A good reputation and established track record in the property development industry
A genuine capacity to manage construction progress draws. This is a very complicated process, for which Professional Lending Solutions has a dedicated team
Be wary of uncommercial terms. Loan agreements and other legal documents are binding and should always be checked by your own solicitor.

For more information on financing your next project, talk to a member of our lending team >
Professional Lending Solutions is not a licensed credit provider and does not make loans regulated by the National Credit Code. The source of Professional Lending Solutions’s loans may include managed investment schemes registered with ASIC, as well as other private lending arrangements with high net worth investors. If you would like more details on our investment opportunities, then please contact us. The material on this website is intended only to provide a summary and general overview on matters of interest.

Professional Lending Solutions is only licensed to provide general financial product advice on its own products and does not consider your objectives, financial situation, or needs when providing any information or advice.

You should consider whether the advice is suitable for you and your personal circumstances and we recommend that you seek personal financial product advice on your objectives, financial situation or needs and obtain and read the relevant product disclosure statement before making any investment decision.