I have never seen the difference in the bank and GPS borrower rates so small. GPS, and other private lenders, have a perceived higher cost of funding but with the... read more →
In Queensland’s construction industry, presales have historically been the go-to means for securing development financing. Traditionally, presales offer lenders a form of financial protection, affirming market acceptance for the product... read more →
When it comes to securing finance, the temptation to focus solely on the interest rate offered can often overshadow other critical factors. And while it’s true that competitive interest rates... read more →
While securing financing is crucial for developers, the focus shouldn't solely be on interest rates. At GPS Development Finance, we understand that financing goes beyond the initial loan, and is... read more →
In recent years, residential unit builders in Queensland have faced significant challenges. The sudden hit of Covid brought work restrictions and disruptions, worsened by shortages of available materials and contractors,... read more →
Back when the world was in black and white (photography), and kids walked to school, my father had the pleasure of driving my brother and me to and from sailing... read more →
No one is immune to interest rate rises and the effects that that has on the cost of living. Some of us are just better at preparing for it than... read more →
As other lenders rush to increase their rates thanks to the RBA, our solid base of Australian based Retail investors means we can keep our rates competitive while making sure... read more →
The 2023 year has started so, so have we. Our full lending team has been back in the office since Jan 3rd working with borrowers to keep projects moving, preparing... read more →
The last quarter was a big one for GPS. The GPS Development team settled several loans which certainly kept us busy! The best part about this busy period, was that... read more →
