IC Specialist Commercial Development Finance – Infinity Capital

Suite 34.03, level 34/201 Elizabeth St, Sydney NSW 2000 02 8029 0408 | 1300 137 599

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Infinity Capital > IC Products > IC Specialist Commercial Development Finance

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Infinity Capital > IC Products > IC Specialist Commercial Development Finance

Product Summary

Established Property

Maximum LVR	70%
Maximum Loan Term	1-2 years
Loan Purpose	Construction of small scale residential developments
Loan Size	$100,000-$25,000,000
Repayment Type	Interest only. Single build loans can revert to Principal and Interest upon completion of construction
Maximum Interest Only Term	1-2 years
Redraw Available	Available on single build only
Acceptable Security	Construction of a single or multi-unit residential security

Document Checklist

Income Documents (PAYG)

Application Form
Verification of Identity (VOI)
Contract of Sale (if purchase)
Fixed price building contract
Council approved plans & specifications
Building/planning permits
Full Doc
2 payslips and employment
letter/contract; OR
last 2 years financials/tax
assessment notices
Lite Doc
Borrower repayment declaration PLUS one of the following:
Accountant’s Letter (template available)
12 months BAS
12 months Trading Statements

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