Construction Loans

Construction Loans

Construction loans are the perfect opportunity for a business that is
looking to expand, whether it be for the equipment , their inventory or even expanding into another location or premises.

Construction loans are a cost effective and prompt way for businesses to obtain additional funding to allow them to build up their business.

At Basic Finance, we endeavour to offer affordable and straight forward construction loans with flexible terms and fixed rates.

property development finance australia

Key Features

  • Funds provided on a cost to complete basis
  • Maximum Loan amount $25,000,000.00
  • Loan To Value Ratio: Major Metro -65% against GRV Net of GST and up to 80% of TDC
  • Rate: From 7.99% PA
  • Loan Term: up to 24 Months
  • Coding: Only Non Coded Commercial Loan
  • Cash out Policy: Initial release available within facility terms

Construction Loans

Looking for the best short term property loan, then think Basic finance 

A short term loan is a type of interim financing for an individual or business until permanent financing is made. Short term property loans may be appropriate for businesses that are subject to significant unexpected and unavoidable expense, such as a home repair or a car repair.

Short term loan concerning the property is often used for commercial real estate purchase to close on a property, retrieve real estate from foreclosure or take advantage of a short-term opportunity in other to secure a long-term financing. Basic Finance offers a full range of loan products with the two main options for short term loan are bridging loan and standard secured loan. 

A Standard secured property loan is a short-term property loan that takes a more extended period for the repayment period, usually three years or more. A Standard secured loan monthly payment applies to both interest and principal. It is preferable because it gives room to borrow more.


How to go about a short term property loan


A Short-term property loan is typically a loan that is scheduled for repayment within one year. Short term property loan works like every other loan (medium and long) but within a short-term repayment period. For a short-term property loan to be assessed, it depends on the value and type of assets owned by the individual. Only very few individuals have enough savings to purchase a property out rightly, then short-term property loan will be considered. The shorter the loan repayment period, the lower the interest that will be charged in most cases. If the loan is not paid out on time, the penalty interest rate would be incurred by the borrower.


Why our construction loans are the best


At Basic Finance, we are committed to adding value to businesses and companies by providing construction loans to businesses and companies with less hassle and affordable interest rate. We also make sure that every application made for a construction loan is well scrutinized, and immediately we verify documents tendered, we do not take time in disbursing funds requested.

You can find out more about loan services offered by Basic Finance by visiting our page. Our customer care regime is well developed and reachable 24 hours a day.


How to secure a construction loan with Basic Finance

Basic Finance has extensive experience in the financial products industry. The company is often recognized as one of the most prominent online lending platforms offering many loan products, services and consultations to companies and businesses. Among other loan services offered, is the construction loan which is comparably streamlined in application and requirements. To apply, you have to visit our web page where you will be asked to offer certain information as to the type and nature of your business. We will also need you to provide us with the financial records of your business over the past two years. All of these is aimed at being able to ascertain the business’s general trustworthiness and ability to pay back loans provided and relevant interest.



Our company is made up of a working team who have many years of experience in lending and can offer your company any consultation as regards obtaining any of our loans. To ensure that we are ready for your queries, our customer care unit is always available to provide our customers with help and information about our company and loan services offered. We aim to maximise every opportunity there is to ensure that we can add value to your company or business, and as such, we await your application today! With us, you can rest assured of the best possible loan outcome.


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149 E Boundary Road
Bentleigh East VIC 3165


1300 792 284

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