Goodland FlexiConstruction
Funding solutions to start, continue, or complete your project.
Funds can be accessed within 24-72 hours
2nd mortgage after bank is acceptable
Pre approval to guarantee the fund
Upfront fee may offset some late construction costs.
Free extension subject to contract exchange
QS report may be waived
Re-access repaid funds anytime with Goodland Redraw Facility
Loan Size:$500k - $3.5m
Interest Rate:From 8% p.a. + 2% line fee
Maximum Term:12 months
Maximum LVR
Residential Property:70% of Net Realisation Value or 80% of Total Development Cost
Eligibility
Requires a building contract
Need more flexibility after starting your FlexiConstruction loan?
Goodland Redraw Facility
You can easily access the funds you've already repaid on your loan. Tap into your financial resources on your terms and continue to invest in your business's growth and expansion.
Redraw Size:$50k - $8m
Interest Rate:From 8% p.a.
Redraw Fee:0.50%
Maximum Term:6 months
Maximum LVR:70%*Certain Postcode can be higher
How do we start? Just 4 easy steps!
Submission
Day 0
Step 01Tell us about the property, the loan and your exit plan.
Submission
Required information:
Security Detail
- Security Address
Loan Amount
- Loan Terms
- Short brief on borrowers and sponsors background
- Borrowing Purpose
- Exit Strategy
- First Mortgage Outstanding Amount (if applicable)
Indicative Offer
24H
Step 02A clear funding table. All terms negotiable.
Indicative Offer
We provide a concise funding table detailing:
- Loan Amount
- Interest Rate
- Terms
- Fees
- Net Proceeds to Borrower
All terms are negotiable, and the table can be adjusted to suit your needs.
Letter of Offer
48H
Step 03Conditional approval, ready to sign.
Letter of Offer
Required information:
Security Detail
- Security Address
- Council Rates
- Valuation Report (preferably)
Proof of Identity
- Borrower Company ASIC Extract
- Guarantor ID
Financial Doc
- Bank statement (First Mortgage)
- A&L Statement
A conditional approval term sheet is issued for the borrower to sign and accept, along with payment of the deposit.
Settlement
72H
Step 04Documents signed, funds released.
Settlement
The lawyer prepares the loan documents for both parties to sign. Once completed, the proceeds are disbursed according to the payment instructions.
Transform your ideas into reality. Apply now and move forward!
Call to Apply for a Loan
Understand your eligibility
Check and submit your application
Get support every step of the way
Apply for a Loan via Email
8-hour response time
Easy documentation submission
Keep a record of our conversations
Client Successes

