$13M Construction Loan Settled: Melton, VIC

The Lambert Capital Property Credit Fund recently successfully settled this $13M construction loan facility for the development of commercial warehouses in Melton, Victoria.

Project Overview

• Location: Melton, VIC.
• Loan Amount: $13.7M
• Loan Type: Re-Finance & Construction

Benefits to Developer

1. Credit Approval in Under 3 Days.
2. Settlement in Less Than 2 Weeks.
3. Limited Presale Requirements.
4. High Budget Flexibility for Allocation and Adjustments.

The transaction was settled in under 2 weeks following formal approval, with credit approval secured in less than 3 days. This swift execution allowed this developer to bypass unnecessary red tape and commence construction without the burden of extensive pre-sale requirements – accelerating their timeline.

In addition, the Fund offered flexibility in budget allocation, enabling the developer to direct funds where needed most, adapt to evolving project needs, and optimise financial outcomes with confidence.

Conclusion

The Lambert Capital Property Credit Fund team take pride in backing our borrower clients with speed and certainty in funding.

By staying ahead of schedule, our clients can both safeguard the success of their developments and also mitigate potential downstream impacts on their broader project pipeline.

To find out how we can help finance your next project, please reach out directly to:

• Olivia Mackenzie - 0481 775 991
• Peter Daicos - PDaicos@LambertCapital.com.au