Construction finance in Australia needs to work with the build, from the first site works to the final stage. Northwest Commercial Finance structures private funding around active building phases, with attention to the budget, delivery programme and planned repayment.
Private construction loans with a practical funding plan
A construction project can be viable on paper and still run into cash flow pressure if funding arrives at the wrong time. The facility needs to reflect the sequence of work, the timing of contractor payments and the conditions for each drawdown. We discuss those details early so the funding request reflects the job you intend to deliver.
Our construction funding discussions focus on commercial builders, developers and experienced project sponsors with a defined scope and a realistic path to completion. The property, delivery team and exit strategy are considered together. Funding availability and structure depend on assessment and lender requirements.
Align finance with construction milestones
Staged construction finance releases funds as the work progresses, subject to the facility terms. Before proceeding, understand how progress is verified, what supporting documents are required and how long each drawdown may take. Allowing for these steps in your programme helps you plan payments more accurately.
When comparing private construction loans, consider the full facility cost, any undrawn funding charges, the loan term and how variations will be handled. A contingency allowance and a realistic completion timetable help make the proposal more resilient.
Prepare your construction finance enquiry
Start with the site address, plans, approval status, proposed building contract and an itemised budget. Include the construction programme, builder details, your equity contribution and the amount of funding required. Explain how the loan will be repaid at completion, including the assumptions behind any proposed sale or refinance.
Construction finance questions
How does construction finance differ from development finance?
Construction finance concerns the building phase. Property development finance considers the broader project, which can include site acquisition, planning and preparation before building begins.
Are no-presales construction loans available?
Presale requirements vary between lenders and projects. If your project has limited or no presales, tell us at the outset so we can discuss whether a suitable funding option may be available. We do not assume eligibility before reviewing the proposal.
Can a project already under construction be considered?
Contact us with the current stage, existing debt, remaining cost to complete and reason for the funding request. Any option will depend on the project position and the requirements of the proposed lender.
Talk through your next build
Send Northwest your construction finance enquiry or call 1800 228 328. You can also review our funding process or explore commercial finance for other property-related business funding needs.
Finance is subject to assessment, lender criteria and the terms of any formal offer. An enquiry is not approval or a commitment to lend.