--- title: $8 Million Dollar Loan - Land Purchase & Future Development description: Pending DA application. Settlement in one week. See how Secured Lending assisted this tricky client land the purchase of the year. image: https://blog.securedlending.com.au/hubfs/$8%20Million%20Loan%20Land%20Purchase.jpg --- [![SecuredLennding Logo](https://blog.securedlending.com.au/hubfs/Secured_Lending_December2017/Im/SL1WebLogoRetina.png)](https://securedlending.com.au/) - [Home](https://securedlending.com.au/) - [About Us](https://securedlending.com.au/about/) - [Referral Programme](https://info.securedlending.com.au/referral-program) - [Lending Process](https://securedlending.com.au/about/lending-process/) - [Financial Application](https://securedlending.com.au/application/) - [Fast Funding Solutions](https://securedlending.com.au/fast-funding-solutions/) - [How Can Secured Lending Help?](https://securedlending.com.au/fast-funding-solutions/how-can-secured-lending-help/) - [Types of Loans](https://securedlending.com.au/types-of-loans/) - [1st Mortgage Finance](https://securedlending.com.au/types-of-loans/first-mortgage-finance/) - [2nd Mortgage Finance](https://securedlending.com.au/types-of-loans/second-mortgage-finance/) - [Caveat Finance](https://securedlending.com.au/types-of-loans/caveat-finance/) - [Short Term Finance](https://securedlending.com.au/types-of-loans/short-term-finance/) - [External Administration Finance](https://securedlending.com.au/types-of-loans/external-administration-finance/) - [Bridging Finance](https://securedlending.com.au/types-of-loans/bridging-finance/) - [Contact Us](https://securedlending.com.au/contact/) - Resources - [E-Book: A Brokers Guide to Short Term Finance](https://info.securedlending.com.au/e-book-a-brokers-guide-to-short-term-finance-0) - [E-Book: A Brokers Guide to Fast Funds](https://info.securedlending.com.au/e-book-a-brokers-guide-to-fast-funding) # Fast Funding Solutions # $8 Million Dollar Loan - Land Purchase & Future Development Posted by [The Team @ Secured Lending](https://blog.securedlending.com.au/fast-funding-solutions/author/the-team-secured-lending) on Feb 5, 2018 3:37:17 PM ![The Team @ Secured Lending](https://app.hubspot.com/settings/avatar/13b5bfe96f3e2fe411c9f66f4a582adf)  ![Short-Term Property Development Funding](https://blog.securedlending.com.au/hs-fs/hubfs/$8%20Million%20Loan%20Land%20Purchase.jpg?width=700&name=$8%20Million%20Loan%20Land%20Purchase.jpg "Short-Term Property Development Funding") We were approached by a developer who had recently entered into an Option Deed to purchase a development site upon the approval of the DA for 47 lots. He was hoping to finance the purchase through his existing lender but as the settlement deadline was to occur in only a weeks’ time and the lender required extensive valuations to be completed, he had concerns the funds wouldn’t be available in time. The client came to us seeking urgent finance of $4 million to settle on the purchase, with an additional $4 million to be released in instalments over the next 6 months to assist with building and development costs. He was able to offer a [first mortgage](https://securedlending.com.au/types-of-loans/first-mortgage-finance/) over the development site, plus [second mortgage's](https://securedlending.com.au/types-of-loans/second-mortgage-finance/) over three of the other commercial properties owned by the company. With our team of internal valuers, we arranged to inspect all three properties that afternoon and funded the loan the following morning. Our expert property team here at Secured Lending, understand the complexities of DA Applications, construction and development sites. Unlike most lenders, we are willing to lend against partially completed development sites and pending DA applications. To find out more about our short term funding solutions, [contact](https://securedlending.com.au/contact/) Gino on 0416 798 187 or Mark on 0427 277 162. We are available to discuss any scenario 24 hours, 7 days a week. Alternatively, complete our enquiry form below and we will get in contact with you within 24 hours.  Keen to know more. Check out the following links: - Typical [![Loan Scenarios](https://no-cache.hubspot.com/cta/default/3336546/990c67d8-abb6-45e7-8198-d3502139d066.png)](https://cta-redirect.hubspot.com/cta/redirect/3336546/990c67d8-abb6-45e7-8198-d3502139d066) we fund; - Our[![Product Matrix](https://no-cache.hubspot.com/cta/default/3336546/15801565-a0a9-4858-b1c7-9afc7ca81470.png)](https://cta-redirect.hubspot.com/cta/redirect/3336546/15801565-a0a9-4858-b1c7-9afc7ca81470); and  - [![Our Lending Process](https://no-cache.hubspot.com/cta/default/3336546/ff5ac287-c3d4-4295-9ca9-a0dbee5f129e.png)](https://cta-redirect.hubspot.com/cta/redirect/3336546/ff5ac287-c3d4-4295-9ca9-a0dbee5f129e)   Tags: [Urgent Finance](https://blog.securedlending.com.au/fast-funding-solutions/tag/urgent-finance), [Land Banking](https://blog.securedlending.com.au/fast-funding-solutions/tag/land-banking), [in-house property experts](https://blog.securedlending.com.au/fast-funding-solutions/tag/in-house-property-experts), [Short term finance](https://blog.securedlending.com.au/fast-funding-solutions/tag/short-term-finance), [short term loan](https://blog.securedlending.com.au/fast-funding-solutions/tag/short-term-loan), [settlement](https://blog.securedlending.com.au/fast-funding-solutions/tag/settlement) ## SECURED LENDING ### FAST FUNDING SOLUTIONS Secured Lending focuses on non-conforming, fast and short term funding solutions without all the games that are played in this space.  Why us? - We have our own internal property valuation team.  - We can settle caveats, 1st and 2nd mortgage loans within 24 hours up to $10m. - We pride ourselves on being transparent and honest in our approach. We can generally tell you within hours if we are going to do the deal. Our rates start at 1% per month with typical terms 3-6 months.    If you have a scenario to discuss, please call us on 1300 795 175. ### Subscribe to Email Updates ### Posts by Topic - [Short term finance (24)](https://blog.securedlending.com.au/fast-funding-solutions/tag/short-term-finance) - [short term loan (23)](https://blog.securedlending.com.au/fast-funding-solutions/tag/short-term-loan) - [Urgent Finance (19)](https://blog.securedlending.com.au/fast-funding-solutions/tag/urgent-finance) - [the secured lending difference (9)](https://blog.securedlending.com.au/fast-funding-solutions/tag/the-secured-lending-difference) - [banks closed (7)](https://blog.securedlending.com.au/fast-funding-solutions/tag/banks-closed) - [limited access in funding (6)](https://blog.securedlending.com.au/fast-funding-solutions/tag/limited-access-in-funding) - [liquidation (5)](https://blog.securedlending.com.au/fast-funding-solutions/tag/liquidation) - [Working Capital (4)](https://blog.securedlending.com.au/fast-funding-solutions/tag/working-capital) - [in-house property experts (4)](https://blog.securedlending.com.au/fast-funding-solutions/tag/in-house-property-experts) - [ATO (3)](https://blog.securedlending.com.au/fast-funding-solutions/tag/ato) - [Land Banking (3)](https://blog.securedlending.com.au/fast-funding-solutions/tag/land-banking) - [opportunity (3)](https://blog.securedlending.com.au/fast-funding-solutions/tag/opportunity) - [partly completed development (3)](https://blog.securedlending.com.au/fast-funding-solutions/tag/partly-completed-development) - [Delayed Settlement (2)](https://blog.securedlending.com.au/fast-funding-solutions/tag/delayed-settlement) - [outstanding tax debt (2)](https://blog.securedlending.com.au/fast-funding-solutions/tag/outstanding-tax-debt) - [settlement (2)](https://blog.securedlending.com.au/fast-funding-solutions/tag/settlement) - [Construction Finance (1)](https://blog.securedlending.com.au/fast-funding-solutions/tag/construction-finance) - [Subdivisions (1)](https://blog.securedlending.com.au/fast-funding-solutions/tag/subdivisions) - [bridging loan (1)](https://blog.securedlending.com.au/fast-funding-solutions/tag/bridging-loan) - [cash injection (1)](https://blog.securedlending.com.au/fast-funding-solutions/tag/cash-injection) - [default notice (1)](https://blog.securedlending.com.au/fast-funding-solutions/tag/default-notice) - [investment property (1)](https://blog.securedlending.com.au/fast-funding-solutions/tag/investment-property) - [winding up notice (1)](https://blog.securedlending.com.au/fast-funding-solutions/tag/winding-up-notice) see all ### Recent Posts #### Search Our Site ### ENQUIRE TODAY © 2017 Secured Lending. 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