Construction loans can be used for various business development purposes, such as building new facilities, expanding existing premises, renovating commercial spaces, or even developing large-scale projects. The funds can cover costs like materials, labour, permits, and other project-related expenses.
About Construction Loans
Stratton Finance understands that businesses aiming to grow and expand need access to flexible funding. Our construction loans are designed specifically to help businesses build new facilities, expand existing structures, or undertake large-scale development projects. Whatever your business goals, our construction finance options offer the financial flexibility you need to bring your vision to life.
Our experienced Australian-based brokers work with an extensive panel of lenders to provide access to construction loans with customisable repayment terms that align with your business’s financial situation and project timeline. We are committed to not only finding competitive construction loan options but also ensuring that repayment structures support sustainable growth for your business.
Use our commercial loan calculator to estimate your potential finance repayments or explore our quoting tool for a comprehensive view of rates and repayment plans. Stratton Finance is here to help you make informed financial decisions, backed by the expertise of our dedicated brokers.
When you partner with Stratton, you’ll work with a broker who will be your single point of contact throughout the process. They’ll take the time to understand your project scope, business objectives, financial details, and expenses, enabling us to provide a tailored preliminary assessment. They will then present options tailored to your budget and financial goals.
With Stratton Finance, navigating construction financing is straightforward and geared for your success. Let us support your business expansion and development with a construction loan that’s built to meet your ambitions today!
Am I Eligible?
Eligibility criteria vary depending on your circumstances and lender requirements. Working with Stratton gives you access to a broad range of lenders, each with flexible terms. Your broker will work closely with you to secure the best construction loan rate and repayment options tailored to your needs. Some criteria that will be evaluated include:
- Your business status
- How long you’ve been operating or holding an ABN
- Your credit history – We handle this
- Your residency status
- Your financial history
- Your assets, liabilities, expenses and savings
Benefits of Construction Loans with Stratton
Anytime, Anywhere, Anyhow
Stratton Finance provides you with the convenience to decide how you want to proceed with your commercial finance application process. You can choose to speak with our dedicated local team members or apply online.
Financial Flexibility
Our lenders provide a range of flexible options, such as no fees for early termination, varying loan terms, and the option to include a residual/balloon payment.
Lifetime Support
Stratton Finance is here to assist you throughout the duration of your loan. Whether you need help determining your outstanding balance, updating your details, or evaluating your changeover options, we're always ready to help.
Why Choose Stratton For Commercial Finance?
Award-Winning Brokers
Best Car Loans by ProductReview 2021–2024 and Best Large-Size Brokerage by WeMoney 2023 & 2024!
We Have Unmatched Experience
With over 25 years of experience helping more than 150,000 people access $8 billion in finance, we have the knowledge you need.
Real People Delivering Exceptional Service
With a 4.8 out of 5 customer rating, we are focused on providing outstanding service to keep you informed at every step, ensuring the best outcome for you.
Commercial Finance Options
We can assist with a variety of commercial finance options:
The Awards
A leading Australian Finance Broker with proven experience you can trust
Our Lenders
We have done the hard work building relationships with lenders so you get the best rates! Some of the lenders on our curated panel include:
Our Process: Simple and Transparent Commercial Financing
From start to finish, we’re with you every step of the way, helping you get the keys or funds in your hands!
How it all works
Understanding Your Needs
We don’t treat you like just another number. Our brokers take the time to understand your specific needs to find the best commercial finance options from our panel of over 40 lenders.
Apply for the Right Deal
Once you are happy with an option that fits for you, your broker will take you through the application. Approvals can occur within 24 to 48 hours.
Get the Keys in Your Hands
If approved, we guide you through the settlement process to finalise the paperwork and payment. Once everything is settled, you’re ready to collect the funds you need and grow your business with confidence.
Providing Ongoing Support
Stratton Finance supports you throughout the life of your loan, ensuring you always have the assistance you need.
Frequently Asked Questions
Repayment terms for construction loans can vary based on the lender and the specifics of your project. Generally, construction loans are structured as interest-only during the construction phase, with the option to refinance into a long-term loan upon project completion. Stratton Finance will work with you to tailor a repayment plan that suits your cash flow and financial goals.
To apply for a construction loan, you’ll need to provide a detailed project plan, cost estimates, permits, and financial statements. This helps the lender assess the feasibility and scope of your project. Our brokers at Stratton Finance will guide you through the application process, ensuring you have the right documentation in place for a smooth experience.
Construction loans are specifically designed for projects that involve building or major renovations, with funds released in stages to match the construction timeline. In contrast, a standard business loan is typically provided as a lump sum and doesn’t cater to the specific needs of construction projects. A construction loan offers more flexibility, allowing you to draw down funds as needed and make interest-only payments during the build.