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Construction Finance Broker · Australia

Construction Finance Broker — Australia

Evcorp is a specialist construction finance broker arranging funding for property developers across Australia. Whether you are developing residential apartments, townhouses, mixed-use projects, or commercial property, Evcorp structures the construction finance facility that gets your project to completion — on terms that work for your project economics.

We work with a panel of over 50 bank and non-bank lenders, giving your project access to capital that most developers cannot reach directly. From $5 million to $100 million and above, Evcorp has arranged construction finance for developers at every stage of the market cycle.

$5M+
Minimum facility size
50+
Bank & non-bank lenders
5–15days
Non-bank credit approval
$100M+
Largest facility arranged
Explained

What is Construction Finance?

Construction finance is a specialist form of project debt used to fund the building phase of a property development. Unlike a standard mortgage — which is drawn in a single amount — construction finance is drawn progressively as construction milestones are reached and certified by a quantity surveyor.

A typical construction finance facility covers:

  • Land acquisition or refinance of an existing land holding
  • All hard and soft construction costs
  • Interest capitalised during the construction period
  • Professional fees, council contributions, and statutory charges
  • A contingency allowance for cost overruns

Read our full guide: Construction Finance in Australia: What Property Developers Need to Know in 2026

Key parameters
Facility size$5M – $100M+
Senior LVRUp to 65–75% GRV
InterestCapitalised
Term12–24 months
SecurityFirst registered mortgage
Approval5–15 days (non-bank)
Why Evcorp

The right lender for your deal, right now.

The construction finance market in Australia has changed significantly since the 2020–2022 cycle. Bank appetite has tightened. Presale requirements have increased. LVR limits have contracted. And the non-bank lending market has become increasingly important for developers who need flexibility, speed, or deal complexity that banks cannot accommodate.

01.

Whole-of-market lender access

50+ active lender relationships — major banks, tier-2 ADIs, non-bank mortgage funds, private credit funds, and family offices. We know which lenders are actively writing construction loans today, not just who is theoretically on panel.

02.

Banker-grade information memorandum

Evcorp prepares your information memorandum to credit-floor standard — project overview, feasibility review, developer CV, QS report, comparable sales analysis. A complete IM cuts weeks off the approval timeline and materially increases credit approval probability.

03.

Non-bank specialists when banks say no

A significant proportion of Evcorp's transactions involve developers who have received a decline from one or more banks. The non-bank lending market has materially expanded and provides credit solutions for projects outside bank credit policies.

04.

Direct senior dealings

You deal with a principal from first call to settlement. No junior handovers, no sales-to-credit fumbles, no surprises at term-sheet stage. Evcorp manages the entire process from information collection to drawdown.

Our Construction Finance Panel Includes
  • Major Australian trading banks
  • Tier 2 ADI lenders (regional banks and building societies)
  • Non-bank lenders and mortgage funds
  • Private credit funds (domestic and international)
  • Family office and private investors for specialist transactions
Structures

Construction Finance Structures Evcorp Arranges

Finance Type Description Typical LVR
Senior Construction Debt First mortgage construction facility covering the full construction period. Interest capitalised or paid monthly. Up to 65–75% GRV
Residual Stock Finance Finance secured against completed but unsold stock post-construction. Allows developers to hold and sell at their own pace. Up to 65% of completed value
DA Finance / Land Acquisition Finance for sites with development approval, bridging from land purchase to construction loan approval. Up to 65% LVR
Top-Up Finance Additional facility to cover cost overruns or unforeseen project costs during construction. Case-by-case
NDIS / Social Housing Finance Specialist construction finance for NDIS-registered projects with enhanced lender appetite. Up to 70–75% LVR
Assessment criteria

Key Metrics — What Lenders Look For

Every construction finance application is assessed on a combination of project metrics and developer track record. Evcorp prepares your information memorandum to address each of these criteria comprehensively:

FAQ

Frequently Asked Questions — Construction Finance

What is the minimum loan size Evcorp arranges for construction finance?
Evcorp typically works on construction facilities from $5 million upwards, with no formal upper limit. We have arranged facilities exceeding $100 million for larger residential and mixed-use developments. Smaller deals below $5M may be referred to suitable brokers in our network.
How long does construction finance approval take?
With a complete information package, credit approval from non-bank lenders typically takes 5–15 business days. Major bank approvals take 4–8 weeks. Evcorp's preparation process — information memorandum, comparable sales analysis, project summary — is designed to minimise the time from submission to approval. We target unconditional credit approval, not indicative approval, as the relevant milestone.
Do I need presales to get construction finance?
Presale requirements vary significantly by lender, project type, location, and LVR. Major banks typically require 80–100% of debt covered by executed presale contracts. Non-bank lenders may require 50–70%, and some private lenders will finance well-located projects with experienced developers at zero presales. Evcorp's role is to match your presale position with the right lender — there is almost always a solution.
Can Evcorp arrange construction finance for projects turned down by banks?
Yes. A significant proportion of Evcorp's transactions involve developers who have received a decline from one or more banks. The non-bank lending market has materially expanded over the past five years and provides credit solutions for projects that fall outside bank credit policies. Evcorp's deep non-bank relationships make us the right call when banks say no.
Who provides construction loans in Australia?
Construction loans in Australia are provided by the major banks (ANZ, CBA, NAB, Westpac), mid-tier banks, non-bank senior lenders and private credit funds. Each has different presale, LVR and sponsor requirements. Evcorp runs a competitive process across all of them — 60+ lender relationships — and returns indicative terms from the 2–3 best-fit lenders within 48 hours of a complete brief.
Can I get pre-approval or conditional approval for construction finance?
Yes. Evcorp secures conditional credit approval ahead of key milestones — before a site contract goes unconditional, or before a builder is locked in — so sponsors commit with certainty. Formal approval follows once valuation, builder due diligence and conditions precedent are satisfied.
How long is a construction loan term in Australia?
Senior construction facilities typically run 12–24 months, matched to the build program plus a sell-down or refinance period. At practical completion, unsold stock can be refinanced into a residual stock facility rather than sold under pressure to clear the construction loan.
Related

Related capabilities.

Development Finance

Senior debt and stretch senior funding for $10M–$500M+ projects.

Mezzanine Finance

Bridge the gap between senior debt and equity.

Land Bank Finance

Holding finance aligned to your DA timeline.

Ready to Discuss Your Construction Finance?

Evcorp arranges construction finance for Australian property developers at every stage of the development cycle. From feasibility to construction start, contact Evren to discuss your project.

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