Borrower & Project Details
Borrower Name—
Email—
Phone—
Project Address—
Development Type—
DA Status—
Estimated GRV (inc. GST)—
Net Realization Value—
Indicative Facility Terms
Facility Limit—
Facility TypeConstruction — Progressive Drawdown (S-Curve)
Loan Term—
Interest Rate—
Line Fee—
Application Fee—
Interest TreatmentCapitalised monthly to facility balance
RepaymentBullet — from sales settlement proceeds
Key Metrics & Covenants
LVR (on completion, net GST)—
LTC (on total dev. cost)—
Equity Required—
Total Development Cost—
Presales Coverage—
Profit on Cost—
Developer IRR (est.)—
Lenders Matched—
Indicative Funding Table
| Cost Item | Project Total | Developer | Bank |
|---|
Project Timeline
Land Settlement—
Pre-Construction Lead Time—
Construction Period—
Sales / Settlement Period—
Total Loan Term—
Indicative Conditions Precedent
PresalesMin. 100% of facility in unconditional presales prior to first drawdown
ValuationIndependent registered valuation acceptable to lender
QS ReportQuantity surveyor report confirming construction costs
Construction ContractExecuted fixed-price contract with licensed builder
Development ApprovalDA issued, unconditional and not subject to appeal
Important Notice: This indicative term sheet is prepared by getkredit.ai for discussion purposes only and does not constitute an offer or commitment to provide finance. All terms are indicative and subject to formal credit approval, satisfactory due diligence, independent valuation, execution of facility documentation and satisfaction of all conditions precedent. getkredit.ai is not a credit provider or Australian Credit Licence holder. Finance is arranged through licensed lenders. © 2025 getkredit.ai Pty Ltd.