Property backed business loans - Sparrow Loans

Land Bank Loans

Fast & Easy Approval Process!

  • From 8.5% p.a.
  • Risk-free
  • Within 48 Hours
  • NSW, VIC, QLD

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Sparrow Loans can help you manage your development with our Land Bank Loans.

Have you recently come across a site in a growth corridor or with DA Approval and want to jump on it?

Our land bank loans are designed to give you flexibility when you need it most. The team at Sparrow Loans can provide a loan approval generally within 48 hours. When you work with Sparrow Loans, we’ll review your loan and quote you the most competitive interest rates we have on offer.

The Sparrow Loans Advantage

A smooth experience for your land bank loan from start to finish with super-fast turnaround times.

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Responsiveness

We assess your land bank loan application quickly and will come back to you within 2 business days.
Buisness loans by Sparrow Loans

Support

Whether you are a business borrower or a referral partner, you will have a dedicated relationship manager to help you through the application process.
Buisness loans by Sparrow Loans

Trust

We work hard to give you a smooth application process with clear requirements. You can be sure that our funds are ready to settle when your loan is approved.

Are you a developer or investor that doesn’t want any surprises or hassle?

To get started you need
An ABN or ACN | At least 12 months in business | Australian based

Key Features for our Land Bank Loans

  • Approval within 2 business days
  • NSW, VIC & QLD Property accepted (no farming or agricultural land)
  • Flexible Repayments available
  • Quick-release of funds
  • Interest Rates from 8.5% p.a. for DA Approved properties
  • Up to 65% LVR
  • No minimum term
  • No application or commitment fees

THE FUTURE OF LAND BANK LOANS – Simple. Fast. Fair

Applying for a land bank loan shouldn’t be complicated – apply online & have approval in only 48 hours from Australia’s best private lender!

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Our Land Bank Loans

Are you thinking about the future potential of a site?

Developers and investors have their eye on DA approved sites on sale. If you have recently seen or committed to a great parcel of land with future potential, Sparrow Loans can help.

If you need to settle on your land fast, we can approve your loan within 48 hours and settle within a few weeks.

You can use our land bank loans to borrow up to 65% of your development. If you need to cash out a portion of existing land, too, Sparrow Loans are ready to help.

Our flexible repayment options

Managing your cash flow has never been more accessible with our capitalised facilities. We can structure a flexible repayment option based on your investment strategy. For example, suppose you want to capitalise 100% or a portion of the interest costs as you plan to sell your land or roll it into a construction facility. In that case, we can accommodate this within the loan facility. With our land bank loan, you can lean on your property to get you through.

Choose your land bank loan term

Whether you need a land bank loan for one month or 12 months, we give you the flexibility to choose your loan term. Your company must be at least 12 months old to access our commercial property loans. You must register for GST and domiciled in Australia with Australian directors. We lend against property located in New South Wales, Victoria and Queensland. We can consider property in metro locations up to 65% LVR and regional locations up to 60% LVR.

Land Bank Loans FAQ’s

See some land bank loan questions we get asked all the time by some of our clients.

What is a land bank loan?

A land bank loan is where a loan is secured by a specific type of security type – a non-income-producing block of land. Developers or property investors may purchase a block of land for future development purposes, hold and re-sell at a more opportune moment, or see through the Development Application process to sell it for a premium once approved but before construction.

What type of land will you consider?

Sparrow Loans can accept vacant land as security if it is DA Approved, it is held for investment purposes and has a strong exit strategy. Therefore, we prefer to deal with DA Approved land. In a typical scenario, the owner has recently achieved a DA Approval and may be seeking to cash out on the added value to the site compared to its original value at its non-DA Approved valuation. Alternatively, the owner may be looking to refinance their DA Approved site as it is not the right time to move into construction or sell the land.

Will you lend against rural land?

Unfortunately, no. We are only able to lend against regional or metro located properties.

What documentation do you need to assess a land bank loan?

We will require a copy of any previous valuation reports, a copy of the DA Approval, a schedule of settlement costs, a statement of position (Asset and Liability list) of the borrowing entity and directors, and any additional information that may be relevant to the scenario.

How quickly can I get my land bank loan?

You can generally get approval for your land bank loan within 48 hours.

Can we capitalise the interest into the loan?

Yes, this is preferred as it is unlikely that the land will generate any income to service the loan interest repayments during the loan. The interest is typically capitalised within the maximum allowable LVR. For example, our maximum LVR for land banks is 60% for regional land and 65% for metro land.