Tag Archives: Finance

SMSF Finance Available

In the Australian Financial Review today, “Westpac has stopped lending to SMSFs wanting to buy property in response to growing credit and market risks, regulatory pressure and funding costs” and we are happy to confirm Prudential Finance has SMSF finance available through our investors and private lenders.

Self Managed Super Funds Funding

Call 1300 550 669 or complete to online form at the bottom of this page to discuss your SMSF funding requirements.


Prudential Finance has provided professional finance services for over 16 years and we look forward to hearing from you about your SMSF loan needs.

Once we have solved your SMSF funding, you may be interested in viewing our property investment video click here

Interest rates start from 7.75% per annum and we can lend up to 70% of the property valuation (terms & conditions apply).

SMSF finance available

Finance Consultants Perth Western Australia

Finance Consultants Perth Western Australia

Prudential Finance is seeking finance consultants Perth Western Australia to head up Prudential Finance’s new Perth office to service Western Australia.

This exciting role for experienced development finance, construction finance and private funding professionals to work within the Prudential Finance brand, established 15 years in Sydney.

finance consultants perth western australia

Providing unparalleled knowledge, support and marketing expertise to enable the successful applicants to penetrate and capture market share.

A generous fee based renumeration package will be offered to successful candidates, ensuring high achievers will prosper financially.

Call Prudential Finance today 1300 550 669 and discuss this exciting new opportunity for finance consultants.

For more information about Prudential Finance go to About Us

 

Multiple Funding Channels for Property Developers

Multiple Funding Channels for Property Developers are Imperative

The vast majority of developers we help obtain Construction and or Development Finance tend to focus only on private funding solutions as it has been a reliable way to efficiently source funding.

Multiple Funding Channels for Property Developers

We are seeing an increasing number of new clients who have historically relied upon bank funding who are now migrating over to non-bank lending.  Its no surprise that bank funding has become increasing difficult due to pressure from regulators which is heavy publicised and hence a shift to private funding.

I think its important to have a mixture of both bank and non-bank funding channels/relationships in place at all times. This is a common conversation we have with new and existing clients.

There are several pros and cons of bank and private funding such as interest rate, timeframe, pre-sales, LVR differentials etc, etc but to me no matter what cycle we are in, building robust relationships and having multiple options with both Bank and Private Funding will be paramount to developers who have or are working on building a healthy pipeline.

What I do know, is the landscape is continually changing and either you adapt or you fall behind as the future is unknown.  Most developers may already have coverage from both sides but we continue to hear otherwise and wanted to reiterate our view in event we can help someone who may be thinking about this.

James Okkerse

We assist obtaining multiple funding channels for property developers.  Please see our Development Finance Page

“Prudential Finance does not provide financial product advice and does not hold an Australian Financial Services Licence. Prudential Finance recommends that investors consider their own objectives, financial situation and needs before proceeding with any investment and seek professional advice. All information contained within this Website is specifically structured for corporate, business, commercial, construction clients, wholesale and professional investors.”

Development site values start to crack

Development site values start to crack

“Metropolitan development sites values, which have surged in recent years on a wave of Chinese money, are showing the first signs of correcting after developer Nicholas Smedley secured two sites at discounts of 30 per cent or more after vendors rejected his original off-market offers, thinking they would get more through a public campaign.

Chinese buyers have quit the market in droves, and off-the-plan sales rates have slowed drastically in Sydney and Melbourne meaning the building boom is starting to wane.”

For the full article go to Australian Financial Review

Development Finance Availability

With property development site values falling due to market forces and Banks tightening lending criteria, private property loans are the flavour now and into 2018.

Prudential Finance has private development loans available for experienced property developers, loans from $5M to $1B.

Call 1300 550 669 to discuss your development finance requirements.

Read more Development Finance

Development Finance Sydney Melbourne Brisbane

Development Finance Sydney Melbourne Brisbane

 

Prudential Finance established 14 years has proven relationships with development finance lenders and investors who are interested in providing funds for property development finance Sydney Melbourne Brisbane.

Development Finance Sydney Melbourne Brisbane
Watch the Development Finance Video

Private Lenders

Our private lenders/investors can lend up to $50M+ on senior debt (1st mortgage) and mezzanine (2nd mortgage) or preferred equity (Equity in development company). read more

Lending Oportunities

Prudential Finance is also seeking opportunities to directly invest or loan funds in quality projects.  If you have a development project or commercial real estate requiring funding call Prudential Finance.

Mezzanine Finance

Mezzanine finance is readily available for projects.  Interest rates from 17% p.a.  With Banks tightening their lending criteria and in general reducing loan to cost ratios (LCR) down to 70% or less has stressed the development finance market. read more

Investment Opportunities

Investors interested in participating in property development projects or lending money secured by mortgages over real estate are invited to discuss their investment requirements.  We have a number of property investment and lending opportunities coming up.

For for extraordinary property development finance Sydney Melbourne Brisbane call 1300 550 669

Development finance applications in Perth Western Australia, Adelaide South Australia, Darwin Northern Territory, Hobart Tasmania will also be accepted.

Brett Collins Development Finance & Mezzanine

Brett Collins Development Finance & Mezzanine

Brett Collins Development Finance & Mezzanine
Brett Collins Director Prudential Finance

Brett Collins with over 25 years experience in Property, Development Finance, Mezzanine Finance, Joint Ventures and Private Loans will provide you with expert property development and finance advice from project inception to completion.

Development Finance Consultancy

It is important to ensure you will be able to fund a new project well before you make a financial commitment to purchase the development site.

Brett Collins and the Prudential Finance team will assist with working up the project feasibility and project cashflow budget, identifying exactly how much equity, mezzanine and senior debt is required.

Joint Ventures

Prudential Finance is seeking quality projects in Sydney, Melbourne or Brisbane to participate directly by way of joint ventures.

Brett Collins Property Development Experience

From the 1990’s and onwards, Brett acquired and completed many successful projects in the prestigious Eastern Suburbs of Sydney. Projects as diverse as; the efficient refurbishment and Company Titling of blocks of apartments, Hotel conversion to apartments and obtaining development approvals through Council and the Land & Environment Court, subsequently building high quality townhouses and apartments. Brett’s development approval for large townhouses at 26 Dover Road, Rose Bay started the Rose Bay residential boom. With a 100% record in achieving development approvals and successful management expertise in delivering high quality completed profitable projects.

For quality development finance and development advice backed by successful results, call Brett directly on 0400 646 197

 

 

 

 

 

 

 

Private Property Loan Darling Point Sydney

Private Property Loan Darling Point Sydney

Prudential Finance approved a private property loan for $5.6M for the purchase of a home in the exclusive Eastern Suburbs, Darling Point, with no valuation, at 70% of purchase price and was ready to settle within 3 days!

Prudential Finance is a private lender for non-coded business related loans secured by real estate.

For your next private loan call 1300 550 669 Prudential Finance

Private Property Loan Darling Point Sydney
Private Property Loan Darling Point Sydney

Private Commercial & Residential Loans

Private Commercial & Residential Loans are available with interest rates starting from 7.75% per annum.

Private Commercial & Residential Loans
Private Commercial & Residential Loans

Prudential Finance has Loans available from $500,000 to $20M.

Interest rates start from 7.75% p.a.

Loan to value ratios

Commercial up to 65% of Valuation

Residential up to 70% of Valuation

Borrowers can have credit impairments such as, Defaults, Administration, Receivership, Liquidation or Bankruptcy.  All debts will need to be repaid on settlement of the Prudential Finance loan.

Fast settlements are possible!

private commercial residential loans

Contact Prudential Finance 1300 550 669 today for a chat about your Private Commercial or Residential Loan requirements. 

 

 

 

Mezzanine Finance – Real Meaning

Mezzanine Finance – Real Meaning

Lately I have heard some very interesting definitions of what “Mezzanine Finance” means.

To clear up the actual meaning; “Mezzanine Finance” is subordinated debt with ranks behind a 1st mortgage/senior debt.

Mezzanine Finance - Real Meaning
Mezzanine Finance – Real Meaning

Mezzanine Finance will usually be secured by a 2nd Mortgage.

I have seen other definitions where they say Mezzanine Finance “gives the lender the rights to convert to an ownership or equity interest in the company if the loan is not paid back in time and in full”.  This is incorrect.  A mezzanine lender may or may not include rights to takeover the project in the event of default although it is certainly not the definition of “Mezzanine Finance”.

Therefore “Mezzanine Finance” is subordinated debt which ranks behind 1st mortgage/senior debt.   The terms can vary from lender to lender.

If you require Mezzanine Finance call Prudential Finance today 1300 550 669.

 

Mezzanine Finance

Mezzanine finance is available for projects located in Sydney, Melbourne, Brisbane and Perth.

Prudential Finance has investors with funds for Mezzanine Finance.

Mezzanine Finance
Mezzanine Finance from “The Developer’s Financier” PRUDENTIAL FINANCE

Rates vary from 15% p.a. to 25% p.a. generally.

Mezzanine Loan amounts $2M to $50M.

If your project requires more funding than a mezzanine finance top up, Prudential Finance is actively searching for direct Property Joint Ventures.

For more information go to our development finance page

 

 

the property developer's financier

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Phone 1300 550 669
International +61 4 0084 0756

PO BOX 1450 Double Bay NSW 1360

Office
Level 25 Aurora Place, 88 Phillip Street
Sydney NSW 2000 Australia

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