Funding to complete final works and achieve occupancy.
When your development is nearly complete but you need capital to finish the final works required for Occupancy Certificate, OC Ready funding bridges the gap so you can settle with buyers.
Typical Scenarios
- Final defect rectification works
- Fire safety compliance completion
- Landscaping and common area finishes
- Lift commissioning and certification
- Final council inspection requirements
- Utility connection completion
Key Details
Term Length
1-6 Months
Completion-focused funding
Security
Development Site
Second mortgage or caveat
Use of Funds
Final Works
OC-related completion costs
How OC Ready Works
Fast funding to get your development across the line.
Submit Scenario
Provide details on the project, works required, and timeline
Site Assessment
Quick review of the development status and remaining works
Fund Works
Capital provided to complete OC-required works
Achieve OC & Settle
Complete works, obtain OC, and settle with buyers
Exit Strategy
OC Ready loans are repaid from settlement proceeds once the Occupancy Certificate is issued.
Primary Exit
- Settlement proceeds from presold units
- Refinance to investment loan post-OC
Requirements
- Clear scope of remaining works
- Presales or refinance commitment
Need funding to reach OC?
Submit your scenario for a fast assessment. We understand the urgency of development completion.