Development Loan
Best Capital can help you with financial solutions for:
Residential land development
Single or multi- residential property development
Terraced house development
Subdivision development
As a non-bank lender, Best Capital is agile and flexible to our clients’ needs and requirements.
The checklist of documents are:
Application form (Signed and dated)
The purpose of the loan, loan terms, and exit strategy
ID (Passport or Driver’s licence depending on NZ residency)
Registered valuation
Sale and purchase agreements (if applicable)
The loan to assist any property project from standalone houses, terrace housing, apartment, etc.
Terms and conditions
The term is less than 12 months.
The standard LTV is 65%, but may change depending on collateral location, future outlook and economic conditions.
The interest rate depends on the market condition.
Loan Amount
From $300,000 to $6,000,000. The maximum amount may vary depending on the contents of the collateral or our financial capabilities.
Our Services
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Development Loan
The loan to assist any property project from standalone houses, terrace housing, apartment.
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Commercial Loan
The loan to assist
the purchase of commercial properties. -
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Construction Loan
The loan to assist
the construction of residential properties. -
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Investment Loan
The loan to assist investment property purchases, residential property and land purchases.
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Bridging Finance
The loan to assist to fill the gap
between purchase and settlement or refinancing. -
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Equity Release
The loan to assist the clients
who want to utilize the equity in the existing property to fund further investment.
