At Pallas Capital, we have always been committed to providing tailored financial solutions that empower property developers to bring their visions to life.
Since 2016, we have helped developers secure funding for residential and commercial projects, with most loans ranging between $2 million and $50 million. Over time, we have carved out a distinct position as a specialist in this space, offering favourable terms and leveraging our team’s expertise to ensure successful outcomes.
To date, we have settled over $7 billion worth of loans across Australia and New Zealand. Construction lending is a significant component of our business, currently making up approximately 42 per cent of our loan book. Our expert team of originators understands the complexities of property development and is well-versed in structuring bespoke solutions that address external pressures, such as tight project timelines. Whether it’s reducing presale debt coverage, expediting loan settlements, or offering financing structures that traditional banks cannot match, we empower developers to move forward with confidence.
With market conditions shifting and interest rates coming down, we anticipate increased buyer demand, particularly as renters transition into home ownership. This renewed confidence in the market will encourage developers to commence new projects – projects that require a reliable and responsive lending partner.
Recognising this demand, we have further strengthened our construction lending offering through a new partnership with a leading Australian bank. This collaboration has resulted in the launch of a $185 million facility dedicated to funding construction projects across the country. What sets this facility apart is our ability to internally assess and approve construction loans up to a certain threshold without requiring bank approval. This streamlines the funding process, allowing developers to access the capital they need swiftly and efficiently.
The demand for flexible and competitive construction lending solutions has never been greater. With this new facility, we can offer developers streamlined access to funding, removing traditional roadblocks and giving them the confidence to move forward with their projects. Our team understands the complexities of the development process and works closely with clients to structure tailored financial solutions that align with their unique needs.
At Pallas Capital, we believe in fostering long-term partnerships and delivering financial solutions that make a real difference. With our enhanced construction lending offering, we are ready to support the next wave of development projects, helping our clients build with certainty and success.
