This type of loan is designed for property acquisitions and early-stage projects where key approvals or consents are not yet in place. Our non-bank funding approach provides clarity and momentum at the earliest stages of the project before construction commences.
It enables borrowers to secure the property, complete feasibility work, and progress planning and consenting before moving into the build phase.
Our customised solutions are structured to support projects at an early stage, including:
● Property acquisitions intended for development, but where consents are not yet in place
● Equity releases against sites under construction, but where Approvd is not providing the construction funding.
● Acquiring sections or superlots intended for development
Short-to-medium term bridging solutions where flexibility and speed are critical. By simplifying the assessment process, we help reduce delays and provide early clarity around funding suitability.
Our approach focuses on the underlying asset, location, and the property’s highest and best use, rather than rigid bank requirements. This allows developers to engage earlier and move forward with greater certainty.
Traditional lenders often have servicing requirements or other lending criteria that are not achievable at the pre-development stage. Our process is designed to be practical, with a focus on the underlying assets and proportionate to your project’s stage.
We emphasise clear criteria, consistent decision-making, and transparent communication so expectations are understood from the outset. This enables developers to plan with confidence and progress efficiently.
If you are considering a property acquisition or early-stage development opportunity, an initial conversation can help determine whether this type of borrowing is suitable. We take a straightforward approach, starting with a high-level review before outlining potential funding options.
This type of loan provides funding before formal consents are in place. It is designed to support early-stage property acquisitions and planning activities ahead of construction funding.
We begin with a high-level overview of the asset, location, funding amount, and intended use. Key documents include a statement of position, sale and purchase agreement, and high-level plans for the property. Other additional details may be requested where relevant to the assessment.
These loans can be accessed and applied across New Zealand, with a focus on projects where the fundamentals and asset quality support early-stage funding.
Timeframes depend on the complexity of the opportunity. Once initial information is received, we aim to provide early clarity on suitability and next steps. If all relevant information is provided upfront and the transaction fundamentals are sound, we can settle within 48 hours.
Efficient assessment and timely decisions designed to keep early-stage projects moving.
Approvd’s defined criteria and consistent outcomes so expectations are clear from the outset.
The documentation requirements align with the pre-development stage of a project.
Non-bank property development funding for scenarios that sit outside standard bank models.
Share a brief overview of your project and funding requirements. We will review the details and confirm whether a pre-development loan or property development funding solution is suitable.
