NWF Capital
Funding solutions for residential and commercial construction projects across Australia.
Overview
NWF Capital provides construction and development finance for builders, developers, and investors undertaking residential and commercial projects. From single-lot builds to multi-unit developments, we deliver fast, flexible funding tailored to your project timeline.
Our construction finance is structured around progressive drawdowns aligned with your build stages, ensuring you have capital when you need it without paying interest on funds you haven't yet used. We understand construction timelines and work with you through every stage.
With no presale requirements and flexible terms, our construction finance gives developers the freedom to build on their own schedule without the rigid constraints of traditional bank lending.
Key Features
Funds released at each construction stage, aligned with your build timeline and milestones.
Unlike banks, we don't require presales before approving your construction finance.
Receive approval within days, not months. Start your project without unnecessary delays.
Loan terms structured around your project timeline with extensions available if needed.
Single dwellings, townhouses, apartments, commercial builds, and land subdivisions.
No monthly repayments during construction. Interest capitalised until project completion.
Structure
Construction finance is drawn progressively rather than advanced in full at settlement. Funds are released at each stage of the build — typically verified by a quantity surveyor against your claim schedule — so you pay interest only on capital actually drawn rather than on the whole facility from day one.
Interest is capitalised through the construction period, meaning no repayments while the project generates no income. The facility is repaid on completion from the sale of stock, a refinance to an investment facility, or a combination of both.
Critically, we do not impose presale requirements. Banks commonly require a substantial proportion of end value to be pre-sold before releasing a dollar, which forces developers to discount their best stock and adds months before a slab is poured. We underwrite the project on its numbers instead.
Assessment
Three things drive the decision: the numbers, the sponsor, and the exit. On numbers, we look at gross realisation value on completion, total development cost including finance and holding costs, and the margin between them — a project without a genuine margin buffer is a project without a safety net.
On the sponsor, we look at your track record, your builder's capability, and whether the build contract and cost plan stand up to scrutiny. On the exit, we model the sell-down or refinance realistically rather than optimistically, including how long stock is likely to take to move.
Applications are assessed the day they arrive and you will have a decision within 24 hours. Where a project does not work at the ratio requested, we will say so and explain what would make it fundable rather than leaving you guessing.
Projects
Duplexes, townhouse projects and boutique apartment developments; small commercial and industrial builds; land subdivisions and house-and-land programs; and projects mid-stream, including completing a build after a bank facility has stalled or a builder has walked.
We fund both land acquisition and construction, either as a single facility or in stages. Where a site is being held pending approvals, a land-banking facility can bridge the period before construction funding is drawn.
Getting Started
A complete submission fits on a page. We need the security address and property type, your estimate of its value and the basis for it, any debt currently secured against it, the amount you are seeking, and a clear statement of how and when the loan repays.
Beyond that, a few sentences of honest context about the transaction helps more than a stack of documents. Anything adverse — defaults, arrears, tax debt, disputes — is far better disclosed at the outset than discovered at settlement. It rarely stops a deal; late discovery frequently does.
Supporting documents such as rates notices, payout figures, valuations, contracts of sale and, for development files, build contracts and cost plans, can be uploaded directly with your application to speed up assessment.
FAQ
No. We assess the project on its gross realisation value, total development cost, margin and exit rather than requiring a proportion of stock to be pre-sold, which is what allows developers to start sooner and retain margin on completed stock.
Progressively, against your build program and claim schedule, generally verified by a quantity surveyor at each stage. You pay interest only on funds actually drawn.
Generally no. Interest is capitalised through the construction period and repaid at the exit, so your cash stays in the project.
Yes. Completion funding for part-built projects is a regular part of our book, including where a bank facility has been withdrawn or a builder has left the site.
A fixed-price contract with a licensed builder is the cleanest path, but a robust cost plan with appropriate contingency is also considered. Owner-builder projects are assessed on their merits.
We lend conservatively against both total development cost and gross realisation value, so that the project carries a genuine equity buffer. The exact ratio depends on the project type, location and your track record.
Related
Get Started
Complete this quick form and we'll provide a no-obligation funding offer within 24 hours.