construction finance for DEVELOPERS

Move forward with confidence.

We understand construction funding.

We structure and source funding from banks, non-bank lenders and private credit providers around your project’s capital requirements, presales position, construction programme and exit strategy.

Whether you are preparing to build, seeking higher leverage or reviewing an existing facility, start with a discussion about your project.

Tell us about your project & funding requirements

Share a few details about your project and funding requirements. We’ll review your enquiry and contact you to discuss potential funding options and the next steps.

ABOUT YOUR PROJECT

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ABOUT YOU

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funding challenges

Does your funding fit the project?

You may be ready to move forward, but the available funding does not always align with your project's equity, presales, construction arrangements or timing.

The lender's presale requirements are delaying construction.

The available debt leaves an equity gap.

Capital is committed to other projects - limiting the capacity to contribute additional equity.

The proposed builder or type of construction contract falls outside the lender's criteria.

The lender's process does not align with your project deadlines.

Your project is underway but the funding requirements have changed.

Funding solutions

Construction funding solutions.

The appropriate structure depends on your project’s equity, presales, delivery requirements and exit strategy.

01.

Senior Construction Funding

First-mortgage construction funding structured around the project’s feasibility, equity position, sales strategy and delivery programme.

02.

Stretched Senior Funding

Higher-leverage construction facilities where conventional bank gearing does not meet the project's capital requirements.

03.

Mezzanine Finance

Subordinated debt used alongside senior funding to reduce the developer equity requirement or bridge a funding gap.

04.

Preferred Equity & Structured Capital

Structured capital options to complement debt funding and the developer’s equity position, with the commercial terms assessed against the project’s objectives.

05.

Land & Pre-Construction Funding

Funding for site acquisition, planning, early works and projects progressing toward construction commencement.

06.

Construction Refinance & Completion Funding

Replacement or additional funding for projects already underway - including projects requiring additional capital or a change of lender.

Our experience

Experience across property sectors.

  • Residential Apartments

  • Townhouses

  • Land Subdivisions

  • Quick Service Retail

  • Large Format Retail

  • Neighbourhood Shopping Centres

  • Industrial Estates

  • Commercial Office

  • Student Accommodation

  • Build to Rent

  • Retirement Villages

  • Landlease Communities

  • Aged Care

  • Medical

  • Childcare

OUR APPROACH

Funding is more than finding a lender.

01

Understand the project

Assess the funding requirement, equity, presales, construction arrangements, timing and exit.

02

Structure & compare

Identify suitable capital providers and compare leverage, cost, conditions and funding requirements.

03

Negotiate and execute

Position the transaction, negotiate terms and support approval, documentation and drawdown.

About us

Banking experience.

Developer-focused advice.

Narelle has over 25 years of banking and finance experience and specialist expertise in property finance, debt advisory and structuring complex funding solutions to Zaya Capital + Finance.

Having worked directly within banking and property finance, Narelle understands how lenders assess construction transactions and the issues that can influence leverage, pricing, conditions and approval.

Zaya works with developers to structure and position funding requests clearly before approaching suitable capital providers.

  • Lender-side insight — understand the credit considerations that can influence approval.

  • Access to funding options — across banks, non-bank lenders and private credit.

  • Support through to funding — from initial structuring and lender engagement through documentation and drawdown.

FREQUENTLY ASKED QUESTIONS

Common questions from our clients

What type of construction projects can Zaya Capital + Finance assist with?

We assist with funding for a range of property development projects, including residential, commercial, industrial, mixed-use and specialised property developments.

What types of construction funding can be arranged?

We can arrange senior debt, stretched senior debt and mezzanine finance, and source preferred equity where appropriate. Funding is sourced through banks, non-bank lenders and private capital providers, with the structure tailored to the project's costs, available equity, presales position and exit strategy.

Can you assist if a bank will not provide enough leverage?

Yes. Where traditional senior debt does not provide sufficient leverage, we can assess alternative structures to help bridge the funding gap. This may include stretched senior debt, mezzanine finance, preferred equity or a combination of funding sources. The appropriate structure will depend on the project, available equity, risk profile and proposed exit strategy.

What level of pre-sale cover is required prior to funding?

Pre-sale requirements vary depending on the lender’s credit appetite and the specifics of your project. We can guide you through lender expectations and explore funding options that align with your sales position and construction timeline, helping you get your project underway sooner.

How long does it take to receive construction funding?

Timing depends on the complexity of the transaction, the readiness of the information and the selected capital provider. We guide clients through lender assessment, approval, documentation and settlement while helping to keep the process moving efficiently.

When should I start arranging construction finance?

Ideally, construction funding should be considered well before construction is due to commence. Early engagement provides time to assess the project, determine an appropriate capital structure, approach suitable funding providers and work through valuation, quantity surveying, documentation and other conditions required before drawdown.

We can also assist where funding is required within a shorter timeframe or where circumstances change during a project.

What information is required to assess a construction funding request?

The information required will depend on the project and its stage, but an initial assessment will generally consider the site, development approvals, project feasibility, construction costs, proposed builder and contract structure, development program, sales or leasing strategy, borrower equity and proposed exit strategy.

You do not need to have every item finalised before speaking with us. We can review the information available, identify any gaps and discuss what will be required to progress the funding request.

Can you assist with non-standard construction arrangements?

Yes. We can assess funding options for projects with non-standard construction arrangements, including owner-builder projects, construction management agreements and cost-plus contracts. We consider the proposed arrangements, builder experience and cost controls to identify suitable funding providers.

Can you arrange mezzanine or preferred equity funding?

Yes. We can source mezzanine finance and preferred equity as part of a project's funding structure. Suitability depends on the senior lender's requirements, available borrower equity, project feasibility and exit strategy. We assess the costs, terms and repayment priorities of these options within the overall capital structure.

Can you assist with a project already under construction?

Yes. We can assess funding requirements for projects already under construction, including where additional capital is required, costs have changed, the existing facility needs to be refinanced or the current funding structure no longer meets the project's requirements.

We will consider the project's progress, remaining costs to complete, existing funding, available equity and the proposed exit strategy to determine suitable funding options.

Can you assist if I intend to hold the property after practical completion rather than sell?

Yes. We can help structure construction funding around a hold strategy, taking into account the property’s expected rental income, leasing arrangements and longer-term borrowing capacity. Planning the transition to an investment facility early helps ensure the proposed refinance can support repayment of the construction debt.

Have a project you would like to discuss?

Tell us about your project so we can discuss your funding requirements and how Zaya may be able to assist.

ABOUT YOUR PROJECT

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ABOUT YOU

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Zaya Capital Pty Ltd (CRN 544893) is a credit representative of BLSSA Pty Ltd ACN 117 651 760 (Australian Credit License 391237) Zaya Capital Pty Ltd (ABN: 91 650 709 630)

In the spirit of reconciliation,  ZAYA Capital & Finance acknowledges the Traditional Custodians of country throughout Australia and their connections to land, sea and community. We pay our respect to their elders past and present and extend that respect to all Aboriginal and Torres Strait Islander peoples today.

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