Major banks generally have minimum pre-sale requirements before funding a development project, and sometimes this isn’t easy to attain - so we’ve been called on to help secure funding for clients from less traditional sources like private funding.
Financial and construction expertise – under one roof
There’s no shortage of law firms with ‘construction’ or ‘banking and finance’ expertise. But we don’t know of many law firms in Melbourne who combine their construction and banking & finance departments so that their clients get a seamless, integrated service such as ours.
Our team has significant experience in helping constructors secure finance by structuring and negotiating inter-creditor arrangements involving both senior loans and secondary finance options such mezzanine loans. We have also structured complex agreements where the constructor invests their own capital as part of the financing arrangement.
Madgwicks’ Banking & Finance team consists of lawyers with substantial property and construction experience. It’s our industry experience and connections that our clients count on to get deals over the line. Contact us today to find out how our approach could be extremely beneficial in helping you secure funding for your next project.