Melbourne Finance & Equity Group is here for borrowers

A trusted partner for Property Developers providing suitably tailored funding opportunities and solutions for qualifying borrowers.

Lending Options

At MFEG we understand that every loan and lending scenario is unique and so we have developed six individual approaches to secure loans and maximise the likelihood of success. Find more about these below and click on the relevant links to read more about each one.

Property Development Finance

Our commitment at MFEG is to support quality property developers in getting their projects out of the ground efficiently with funding solutions that work. We have put together a process that enables us to quickly assess a project and structure solutions through our network of investors and wholesale funders that suit an individual project and group's needs.

Find out more here >>

Mezzanine

Mezzanine financing is a form of funding where a debt position is taken that is subordinate to a senior debt facility but ahead of any equity positions.

Find out more here >>

Preferred Equity

Preferred equity is a form of financing that effectively takes a direct stake in a project and is paid back before common equity but behind any debt positions. Typically, a preferred equity facility will come with a coupon rate of annual return rather than a profit share arrangement.

Find out more here >>

Land

Our commitment at MFEG is to support quality property developers in getting their projects out of the ground efficiently with funding solutions that work. We have put together a process that enables us to quickly assess a project and structure solutions through our network of investors and wholesale funders that suit an individual project and group's needs.

Find out more here >>

Residual Stock

At the completion of a construction project, a developer will often require further funding to either pay out construction debt and equity or to realise equity for their next project. Whether for residential or commercial projects MFEG is able to arrange excellent residual stock funding at the completion of a project either directly or through our network of funding partners and investor.

Find out more here >>

Short Term Lending

From time to time a need arises where funds are required quickly for a short period of time, for example where property settlements are in danger of being missed or funds are needed urgently for a business opportunity.

Find out more here >>

Funded Transactions

financial project for Elwood houses

Elwood, VIC

6 Luxury Townhouses
Lending Amount: $6.4m
Solution Provided: Residual Stock

 

financial project for Elwood houses
first mortgage and mezzanine funding for apartments in Box Hill

Box Hill, VIC

Construction: Retail, 6 Offices, 56 Apartments
Lending Amount: $21.9m
Solution Provided: First Mortgage and
Mezzanine Funding

 

 

first mortgage and mezzanine funding for apartments in Box Hill

Gosford North, NSW

40 Apartments
Lending Amount: $11.7m
Solution Provided: First Mortgage with Preferred Equity Facility

Coburg North First Mortgage

Coburg North , VIC

63 Premium Warehouses and Office Warehouses
Lending Amount: $13m
Solution Provided: First Mortgage

 

 

Coburg North First Mortgage

Oakleigh, VIC

73 Apartments and 2 Retail
Lending Amount: $22m
Solutions Provided: First Mortgage and Mezzanine Funding

port melbourne First Mortgage

Port Melbourne, VIC

16 Luxury Apartments Construction
Lending Amount: $12.8m
Solutions Provided: First Mortgage

 

port melbourne First Mortgage

Preston, VIC (Stage 1)

114 Apartments and 1 Retail
Lending Amount: $31m
Solution Provided: First Mortgage and Mezzanine Funding

Greensborough, VIC

36 Apartments
Lending Amount: $13m
Solution Provided: First Mortgage, Mezzanine Funding and Cost Overrun Facility

Clifton Hill, VIC

17 Apartments
Lending Amount: $7m
Solution Provided: First Mortgage with no guarantee required from unit holders of Borrowing Entity

7 Steps to Obtaining Finance through MFEG

1. Fact Find

You simply complete our 1 page fact find form and provide the initial deal information.

2. Indicative Term Sheet

We workshop the transaction with our investors or lenders and price the deal for you. We then provide indicative terms for your transaction and list of conditions for the transaction.

3. Valuation / QS Collapse

Once the term sheet is signed we proceed with meeting the conditions of the loan including valuation, QS and whatever is required.

4. Letter of Offer

Once the main conditions are met, you are issued with a Letter of Offer.

5. Legals

Upon signing of the Letter of offer, mortgage documents are instructed and sent to you or your solicitor for signing along with any settlement conditions.

6. Settlement

Mortgage documents are verified by lender’s solicitor and settlement is booked.

7. Post Settlement

We offer a post-settlement service to assist with construction drawdowns, interest payments, loan variations and other requirements you may have.

“We are pleased to work closely with MFEG and have done so for some time. One of our most recent developments comprising 66 apartments in Box Hill was a particularly successful project thanks to Cameron and the team obtaining maximum funding through a combination of 1st Mortgage and 2nd mortgage facilities. The finance structure here enabled us to release equity to use elsewhere which was critical for the cash flow of our business. Cameron Perry and the team have a diverse network of lenders and a thorough knowledge of the workings of property development which enables them to cater the right structure of funding for the projects’ success.”

 

Arvi Para  | Director

A&A Property Developers Pty Ltd.

NEWSLETTER

Copyright ©2022 Melbourne Finance & Equity Group. ABN: 49 629 715 073