The Growing Interest in Alternative Lenders for Property Development
In recent years, there has been a noticeable change in the property development landscape in New Zealand. Traditional banks have tightened their lending criteria, leading many developers to seek financing from alternative lenders instead. At Fox Group, we have recognised this trend and are ready to support developers with flexible and accessible funding solutions.
Why Choose Alternative Lenders?
Alternative lenders are becoming more popular due to their flexibility and willingness to understand the unique needs of property developers. Unlike traditional banks, alternative lenders can offer:
Faster Approvals: Property development requires quick decisions, and alternative lenders typically provide quicker approval times, enabling developers to take advantage of opportunities as they arise.
Flexible Terms: Alternative lenders can tailor loan terms to better suit the specific needs of each project, unlike traditional banks with rigid requirements.
Accessible Funding: For developers who may not meet the strict criteria of traditional banks, alternative lenders offer a viable path to secure the capital they need.
Recent data shows a growing reliance on alternative lending and a significant percentage of property developers are now considering non-bank lenders as their primary source of finance. This shift is driven by tighter bank regulations and the need for more adaptive financial solutions.
FOX GROUPS COMMITMENT
At Fox Group, we are committed to providing the financial support that small to mid-sized developers need. Our approach includes:
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We offer customised financing solutions that cater to the unique demands of property development projects.
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Our team of experienced professionals provides strategic advice and support, ensuring that your project stays on track and within budget.
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With our deep understanding of the property market, we offer valuable insights and data to inform your decision-making process.
As the property development sector continues to evolve, the role of alternative lenders becomes increasingly crucial. At Fox Group, we are proud to be at the forefront of this shift, providing developers with the flexible and responsive financial solutions they need to succeed. If you’re looking for a reliable partner in your property development journey, look no further than Fox Group. Let’s build a brighter future together.
The Fox Group team excels at securing and arranging funding for every stage of the development process.
Contact us for your financing requirements and bespoke advice.