Pre-Development Finance
Fund the stage between buying a site and starting construction. Pre-development finance covers DA costs, consultant fees, and holding costs while you carry the site to construction readiness.
Key Features
DA & Approvals
Fund planning, design, and consultant costs through to development approval
Up to 75% LVR
Higher leverage than typical vacant land facilities on qualifying sites
$1m to $35m
Facility sizes from $1 million to $35 million for corporate borrowers
Terms to 36 Months
Interest-only terms matched to your approval and construction timeline
Recently Funded Deals
See what's possible with the right finance solution
*Based on real deals settled by Andorra Private. Details may be generalised for confidentiality.
Unregistered MIS — Industrial Warehouse Portfolio
The Scenario
A property syndicate structured as an unregistered managed investment scheme sought finance to acquire a portfolio of large industrial warehouses in regional Victoria.
The Challenge
The syndicate required non-recourse lending with no directors guarantees — a structure many lenders are unfamiliar with. Loan documentation needed to reflect the MIS trust structure correctly, requiring coordination between the client, their solicitor, and the bank's solicitor.
The Solution
We identified a major bank willing to provide a lease-doc facility on a non-recourse basis. We then worked closely with all parties — the client, their legal counsel, and the bank's solicitors — to ensure the loan contracts correctly reflected the trust structure and that no personal guarantees were required.
The Outcome
The facility was successfully arranged with a major bank. The syndicate acquired the warehouse portfolio with no directors guarantees, and all loan documentation was executed correctly on the first pass.
Non-Recourse
Structure
None
Guarantees
Lease-Doc
Facility Type
Major Bank
Lender
Client Testimonials
Hear from our satisfied clients
“Nick as a broker is part of my dream team for not only residential but especially commercial lending and has been nothing short of brilliant! Always calm under pressure and gets the job done. Very proactive and knowledge far superior to other brokers I've worked with. He's also got another option up his sleeve to ensure you achieve your goals. Absolutely no hesitation in recommending Nick for all things finance. Do yourself a favour and have a preliminary chat with Nick.”
Rachael
Commercial Lending
“Nick is an absolute gun at his job. I've been through many brokers over the years, and he is by far the best I've worked with. His knowledge in the commercial space is second to none, and the way he handles the process is completely seamless.”
P
Commercial Finance
“Nick is super professional and highly competent in his craft. He guided me with credible lending options and advice during my commercial property purchase journey. Highly recommended.”
ADS Rawal
Commercial Property
Ready to discuss your options? Get a response within 24 hours.
Start ApplicationThe Stage Banks Rarely Fund
Between settling a site and drawing a construction facility sits the pre-development phase: rezoning, development applications, architects, engineers, marketing, and months of holding costs. Banks rarely lend against a site at this stage because there is no income and no completed asset — yet this is exactly when developers need capital working for them.
Pre-development finance is purpose-built for that window. It refinances or releases equity from the site, funds the soft costs of getting to construction readiness, and is repaid when you refinance into a construction facility or sell the approved site at its uplifted value.
How We Structure It
Facilities are interest-only with interest typically capitalised, so the project carries the cost rather than your cash flow. Lo-doc options are available on certain loans, and regional sites can be considered alongside metro — subject to lender criteria.
Because we work daily with the private credit funds and non-bank lenders active in this space, we can usually give you a realistic read on leverage, pricing, and conditions within days — and place deals that other brokers struggle to find a home for.
Discuss Your Pre-Development Finance Needs
Our team specializes in finding the right lending solution for your unique situation. Get expert advice today.
Frequently Asked Questions
Important — Private Lending Risk Disclosure
Private lending and short-term secured finance involves risks that differ from standard bank lending. Please read this notice carefully before proceeding.
Fees: Brokerage fees become payable upon your signing of the letter of offer. At our discretion, we may allow deferral of payment until settlement — but this does not waive or reduce the obligation to pay. Commitment fees, valuation fees, legal fees, and other costs may be incurred from engagement and are payable regardless of whether the facility proceeds to settlement.
Security interests: Lenders will register a mortgage or caveat over the secured property as a condition of approval. Andorra Private, as your broker, may also hold a registered security interest over the property for unpaid broker fees. These interests remain registered until the loan is settled or all outstanding fees are paid.
We strongly recommend you obtain independent legal and financial advice before signing any loan or fee documents.
Ready to Get Started?
Start your application today and get a response within 24 hours from our finance specialists.