Funding is one of the most important parts of any project. A strong site, capable builder, and well-priced product will go nowhere unless the necessary funding is put in place to complete the project. For many developers, the question is not only how to fund a property development, but which type of lender is best […]
Bridging finance can be a practical short-term funding solution when a borrower needs to manage a timing gap between two property transactions. For brokers, the key is knowing how to present the deal so a lender can quickly understand the transaction, assess the risk, and make an informed decision. So, how do you get bridging […]
In our previous blog, we explained what a bridging loan is and when it can make sense. This article takes the next step: what bridging finance costs, what drives that cost, and how developers can assess whether the benefit outweighs the expense. For developers and investors, the cheapest facility is not always the best facility. […]
A bridging loan is short-term property finance used to cover a timing gap between a current funding need and a future capital event, such as a property sale, refinance or project sell-down. Bridging loans, put simply, look to bridge a gap between your capital commitments or obligations and expected capital inflows. These scenarios can arise […]
Property development finance has a lot of moving parts. From feasibility and equity contribution to LVR, cost-to-complete, construction risk, QS involvement, pre-sales and exit strategy, each element plays a part in whether a project is fundable. At ASAP Finance, we have covered many of these topics in detail across our development finance blog library. This […]
Property development and construction projects involve significant financial commitments from a range of stakeholders. Accurate cost management is essential to keeping a project on track and financially viable. One of the key professionals involved in managing these costs is the quantity surveyor. Lenders often require independent quantity surveyor reports to help monitor project budgets, verify […]
Property development can be a highly effective way to create value in the New Zealand property market, but it also raises many questions for both new and experienced developers. From understanding equity requirements to navigating construction funding structures, the process involves a number of financial and strategic considerations. Our property development FAQ and glossary blog, […]
Property development offers significant opportunities to create value in the New Zealand property market, but it also involves a range of risks that must be carefully managed. From construction cost increases to market fluctuations and funding constraints, even well-planned projects can face challenges if potential risks are not identified and mitigated. While these risks are […]
Property development can be a powerful way to create value in the New Zealand property market, but it is fundamentally different from traditional property investment. Rather than relying on long-term market growth, development involves actively improving land or buildings, creating value through construction or subdivision, with the intention of generating profit at completion. Property development […]
When it comes to property development and construction finance, progress payments form the backbone of how funds are advanced throughout a project. For lenders like ASAP Finance, this is one of the most critical aspects of loan management – ensuring funds are released only as value is created on site, and almost always on a cost-to-complete […]