Highly recommend this absolutely fantastic company. They were nothing but helpful from start to finish.

Fantastic to work with; very professional and friendly. Nothing was too much and not once got frustrated with all the questions and requests we were asking.


Amazed by the Professionalism, Communication, Expertise, Proactive, Approachable & Honest behavior of your personnel. . Thanks and very happy to be your client.

Testimonial 4


Just found the finance guru we have been looking for. Andrew is amazing. Andrew has helped us get finance for a vehicle and we are back again. Super impressed with Andrews dedication and skills. Thanks.

Construction & Development Finance

How we can assist:

North Capital can provide funding for your next renovation, Build or Development. Major banks have been stepping back from this area of finance over the years which has left many not knowing where to turn.

We can discuss with you other options as we access a multitude of private funds and managed investment schemes to access funding for residential property, commercial property and construction.


During your consultation our team will look at what stage you are at in the planning cycle, whether the land is yet to be purchased or if you are ready to break ground. We will discuss the requirements needed to fund your project in a time frame that ensures no lost time or money.

What can be funded?
  • Residential Property: $20 million up to 75% LVR
  • Commercial Property: $20 million up to 65% LVR
  • Construction: Up to 75% of the GRV excl GST
  • Vacant Land: Up to 70% of the undeveloped land Value
Application Process: 

Each application is different and the information required to achieve a positive funding result depends on the project at hand. At North Capital, our consultants will work with you ensuring you have made all the correct steps to meet your application requirements.

If the funding required is a limited risk purchase such as residential property there is usually lower risk due to security being provided, therefore very little information may be required to proceed.




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Mezzanine Finance & Preferred Equity

Mezzanine Finance:

Let’s look at this finance facility which bridges the gap between debt and equity financing. It is also one of the highest-risk forms of debt for the lender, being subordinate to pure equity but senior to pure debt. Above all, mezzanine finance bridges the gap between senior finance (Bank or secured) and contributed equity, usually starting from 65% and go up to 90% of the Gross Realised Value.  As a result, lodgement of a second registered mortgage (2nd RM) or share holding agreement will be required.

Prefered Equity:

The primary difference between prefered equity and mezzanine debt is based on the security provided. As a result mezzanine finance is secured by either by a lien or mortgage on the property, whereas preferred equity can often have little to no security. Meaning that a mortgage is often not lodged with prefered equity, which in turn increases the lender’s risk and as a result higher rates are charged to the borrower.

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Capital Stack

Looking at the below illustration, we see the structure of a capital stack which usually includes four prominent areas of equity within a project. Further, we look into how each of these sections relate to a project and how they can affect your project specifically. 


Senior Debt

Senior debt is a company’s first tier of liabilities, typically secured by a lien or registered mortgage against some type of collateral. Usually first tier debt is secured by a business for a set interest rate and time period. In turn the company or borrower provides regular principal and interest payments to lenders based on a preset schedule. In summary senior debt is less risk for the lender overall reducing the cost of funds for the borrower.

Mezzanine Debt

Also known as Junior debt or subordinated debt, mezzanine debt gives the lender the right to convert to an equity interest in the company in case of default, generally after senior lenders are paid. Rather than taking a security on the property, shares of the company may be sold to secure the debt, which is often the way crowdfunding development projects work.

Preferred Equity

Similar to mezzanine debt, prefered debt sits in a comparable risk position on the stack. However in this case funds are unsecured, therefore exposing the lender to greater risk over the term of the project. As a result of this, secured debts are the first to be paid off before a secondary lender is entitled to claim any liquidated assets. Consequently, higher interest rates are to be expected, this comes down to the classic risk vs return ratio.

Contributed Equity

Also known as investor or owner equity, contributed equity is usually capital that the developer or owner will place into the project to allow it to get off the ground. Usually, contributed equity will be utilised to obtain the services required to get the project started such as architects, town planners and Council approvals.



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