Land Bank Finance 

Land bank loans are available for developing property, but for whatever reason they may not be appropriate to develop at this moment in time. Requiring the developer to need a facility on the site for a period.

The initial settlement of the construction finance typically serves as the means of repaying the Land Bank Loan. Many times, Monteus Finance can help arrange construction finance to repay a land bank loan, providing our clients with an end-to-end service.

Monteus Finance has the ability to customize interest rate, loan to value ratios, terms, and serviceability requirements of land bank loans to meet the specific requirements of each borrower.

Benefits of LandBank Finance / Funding :

• There is no need for a DA for funding
• Most of the time, pre-sales are not needed
• Allows the developer to prepare for the construction phase (comprehensive development approvals, building permits, and pre-sales, if necessary)
• Can be used to amalgamate / merge another site.