Building and Construction

finance arrangement sought for coastal development

I have a DA pending on a two-dwelling coastal development in NSW and would like to find a sensible alternative to mainstream finance.

Banks tend to favour long term projects to suit their pockets, whereas my project should take 6-8 weeks.

I have various pockets of land in NSW that are ideal for development and am more than keen to make connections with a party that may prefer an ongoing arrangement on further development projects that incrementally increase in size.

This particular site is in a seaside position and is very likely to sell off the plan.

i am willing to listen to all propositions that may lean towards an arrangement where your principal and interest is returned in a lump sum on the sale of one of the dwellings.

I already have a sizeable level of equity in this site, but the original financier was acquired by a market compeitor and brought different conditions. i.e: no construction loans (which to me is unethically shifting the goalposts).

It is a case where i can easily go to a bank and be forced to wade through all their conservative and bureaucratic thought processes, but I want to explore other options that are more expedient.

Feel free to contact me

VP

Building Supplies - Short Term 30 - 120 day Investment

We are a newly formed sales and distribution company within the Building & Construction Industry. Our primary range of products is centred on a building’s facade, and most exterior wall/ceiling applications. Our product range extends to secondary industries also such as Signage, Interior Decoration and DIY.

Our directors are well networked within the industry and have major builder, developer, and architect contacts in most major capital cities.

Our business philosophy is currently not centred on holding stock. Whilst this is not an immediate requirement, we will consider future options also from investors/companies whom have access to logistics and warehousing and are within the building supply industry.

We currently have orders pending to the value of $500,000+. These orders vary from one large order of $270,000+ to orders averaging $30,000-$90,000.

Specifications and further pending orders >$200,000+ are also in the pipeline within the next few months.

Investors are sought for short-term finance between 30-120 days. Amounts of investment would vary with each order, but between ranges as indicated above. We are offering an above market percentage return for one-offs or continual, "per order" funding.

The current market is such that our products have accelerated in sales quite rapidly, due to several clear advantages over competitors. 

This has resulted in achieving our self-funded investment limit in only 5-6 months of operation.

This has also restricted us from launching new and further product lines/technologies with equal and further potential.

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