WHY PARTNER WITH SOLIDO
FOR DEVELOPMENT FINANCE?
Cheltenham VIC
Construction finance for 35 apartments. $13.73m facility.
NIMBLE
We understand the value of time in development. We offer pre-approval within 48 hours, formal approval within 7 days and settlement within 14 days.*
Bowen Hills QLD
Construction finance for 6 townhouses $5.1m facility
Miranda NSW
Construction finance for 7 townhouses
$3.11m facility
HIGH LVR's
We know that funding flexibility is key. With a strong balance sheet, we can create an in-house solution if higher gearing is required (up to 75% LVR).
NO ROADBLOCKS
As a funding partner, we keep things as simple as possible with minimal conditions so that projects can be commenced immediately.
NO PRESALES
With development in our DNA, we focus on project fundamentals and market alignment so that we do not need to rely on debt coverage by presales. We never impose any presale conditions or milestones.
Newport NSW
Construction finance for 7 luxury apartments $10.134m facility
Elsternwick VIC
Construction finance for 101 apartments $72.76m facility
DIRECT DEVELOPMENT EXPERIENCE
With decades of development experience, we are a financier that understands the intricacies of construction and development. We work with our developer partners as their projects progress and things change.
* Timing is provided as a guide only and relies on required Information being readily available. All preliminary loan approvals are subject to final due diligence by Solido and Credit Committee approval.
