Tag Archives: partners

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

 

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

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

 

 

Development Finance

Our experience in property development and development finance provides you with an edge in the market, by achieving your property development financing objectives fast and efficiently.

Whether you are a long standing property developer seeking low interest rate finance or a highly geared developer seeking mezzanine finance and/or joint venture partners, we can provide a funding solution to cater for your strategic needs.

Prudential Finance specialises in providing property developers with high loan to cost ratio finance facilities. It is possible for select clients to borrow up to 90% of project hard costs.

We have Mortgage Funds and Private Lenders who will lend construction finance without presales.

For property developers seeking low interest rates we are able arrange 1st mortgage funding through the major Banks, Institutions, Building Societies and non-Bank Lenders.

We have very large investors that can provide 1st mortgages and 2nd mortgages up to $50M or more for projects that do not comply with normal Bank criteria or the loan amount is too large for a private lender or mortgage fund to finance.

A property developer’s ability to acquire new projects directly relates to the amount of equity/cash the developer is required to contribute to the project. Through prudent financial structuring Prudential Finance can maximise a developer’s debt gearing to free up capital for the next project.

The company draws upon the extensive property development, real estate and development finance experience of the talented Prudential Finance team, who can relate to the financial needs of property developers.

If you require property development finance in NSW, VIC, QLD, WA or SA call us today to discuss your development finance needs.

Your Development Finance Partner Sydney – Melbourne – Brisbane – Perth

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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