Assurity Capital Funds Williamstown Development Site Acquisition with Private Loan

Assurity Capital

Jul 6, 2023

2 min read

Updated: May 14

Assurity Capital has successfully provided a $728,000 first mortgage private loan to assist with the acquisition of a development site in Williamstown, South Australia, located within the Barossa region.

The funding was structured at approximately 60% Loan-to-Value Ratio (LVR), providing the borrower with fast and flexible capital to secure the site and proceed with planned development works.

With traditional funding channels unable to meet the required timeframe, Assurity Capital delivered a tailored private lending solution that enabled the transaction to settle efficiently and without delay.

Fast Private Lending for Development Site Acquisitions

Purchasing development sites often requires:

quick access to funding,
flexible lending structures,
and lenders who understand project timing and property strategy.

Traditional lenders can struggle with:

undeveloped land,
non-standard property scenarios,
development-related transactions,
and urgent settlement deadlines.

In this case, the borrower required certainty of funding to secure the Williamstown site ahead of a proposed development project. Assurity Capital was able to assess the opportunity quickly and structure a first mortgage private loan aligned with the borrower’s objectives.

Loan Scenario Overview

Private Loan – Williamstown, South Australia

Loan Type: First Mortgage Private Loan
Loan Amount: $728,000
Location: Williamstown, South Australia
Security: Development site
Purpose: Property acquisition for future development
Leverage: Approx. 60% LVR
Outcome: Fast settlement enabling project commencement

Why Developers Use Private Lending

Private mortgage lending can be an effective solution for developers and investors who:

need fast access to capital,
are purchasing development or non-standard sites,
require short-term funding solutions,
or cannot meet traditional bank timelines.

Private lending is commonly used for:

site acquisitions,
bridging finance,
redevelopment projects,
equity release,
and time-sensitive property opportunities.

At Assurity Capital, we understand that timing is often critical in property transactions. Our focus is on delivering practical funding solutions that allow borrowers to move quickly when opportunities arise.

Flexible Funding Solutions Across Australia

Assurity Capital is a non-bank private lender providing:

first mortgage private loans,
second mortgage loans,
bridging finance,
redevelopment funding,
and short-term property finance solutions.

We work with:

property developers,
investors,
business owners,
and mortgage brokers

across Australia to structure tailored lending solutions for complex and time-sensitive scenarios.

Loan amounts range from $50,000 to $5,000,000, with flexible structures designed around the transaction and security position.