Construction & development loans

Experienced developer or first project — we assess the whole facility and tell you exactly what parameters and pre-conditions apply.

Up to 80% TDC

total development cost

Up to 75% GRV

gross realisable value (ex GST)

20%+ margin

minimum feasibility

Often no pre-sales

in most cases

How we fund your project

Whether you are an experienced developer or not, Agora takes the guesswork out of your construction loan application. We assess all aspects of any proposed facility and then provide relevant feedback about loan parameters and/or pre-conditions that may be available, so you can determine how best to proceed.

Agora has access to construction funding based on either a fixed percentage of TDC (Total Development Cost) up to 80% and/or a fixed percentage of GRV (Gross Realisable Value) up to 75% of GRV (ex GST). Agora can facilitate loans in most cases without pre-sales commitments.

For larger property developments ($10m plus projects), Agora facilitates institutional TDC-based facilities, generally up to 80% of TDC but in some cases slightly higher. If funding is required over and above that provided by the senior debt or 1st mortgage lender, we can arrange preferred equity or 2nd mortgage funding.

What we’ll need

The experience of the development group
Your financial position
A feasibility study for the project (minimum 20%+ return on development cost)
The project location, which helps determine the appropriate lender

Frequently asked questions

How much can I borrow for a construction project?

Up to 80% of Total Development Cost and/or up to 75% of Gross Realisable Value (ex GST). For $10m+ projects, institutional facilities are generally up to 80% of TDC and in some cases slightly higher.

Do I need pre-sales?

In most cases, no — Agora can facilitate construction loans without pre-sales commitments.

What do you need to assess my project?

The experience of the group, its financial position, a feasibility study showing a minimum 20%+ return on development cost, and the project’s location.