Building or developing property requires funding that moves in step with your project. Levitate Finance helps structure construction loans that align with your build schedule so funding is available when each stage of the project is completed.
We understand the pressures builders and developers face throughout the build. Our team works with you to structure lending that supports each phase of the project, helping reduce delays and keeping things moving from planning through to completion.
Progress payment support with loans structured to align with your build stages and builder drawdowns.
Fast turnaround times by working with lenders experienced in construction lending who can issue approvals within tight project timelines.
Loan terms structured to suit the size, type and scope of your project.
A team that understands the practical realities of construction and the lending requirements that sit behind it.
Construction loans are designed to fund a build in stages rather than as one lump sum. Instead of receiving the full loan amount upfront, funds are released through progress payments as different stages of the build are completed. These stages typically include slab, frame, lock-up, fixing and completion.
This structure helps ensure the loan aligns with the actual progress of the build. The lender releases funds directly to the builder once each stage has been inspected and approved.
Levitate Finance helps coordinate this process so everything stays on track. We work with lenders who understand construction lending and help manage the documentation, approvals and progress payments required during the build.
Construction finance can be used for a range of building projects depending on the lender and structure of the loan. Levitate Finance helps arrange loans for:
Each type of project has different lender requirements. Our role is to help structure the loan so it suits both the project and the lender’s policies.
Before construction begins it is important to ensure the loan structure, deposit requirements and building contract all align with the lender’s requirements. Getting the finance arranged early can help avoid delays once construction is ready to begin.
Levitate Finance helps review your plans, explain the lending options available and guide you through the process of securing a construction loan that supports your build from start to finish.
