Construction loans
Loans to residential developers with an approved or lodged development application, drawn in stages against the build program.
Investor product · Private credit
Private credit fund
A pooled fund that lends to Australian businesses and developers against real security, so investors receive income from the interest on many loans rather than one.
Wholesale investors
How to invest.
Apply online. We confirm your wholesale status and provide the offer documents for this fund when available; they set out the full terms, fees and risks.
What it invests in
What it invests in
01
02
Property-secured loans
Business-purpose loans secured by registered mortgages over commercial and investment property, including bridging.
03
Business and asset loans
Loans to established businesses with an ABN, secured by equipment, vehicles or other business assets.
Income
Where the income comes from.
Income is the interest and fees paid by borrowers, after the fund's costs and any losses. It is distributed regularly, at the frequency set out in the offer documents.
Investors seeking regular income from secured lending, spread across many loans, who accept that capital is tied up for the life of the underlying loans.
Key terms
How it works.
A summary only. The offer documents set out the full terms, fees and risks.
- VehicleUnit trust for wholesale investors.
- DistributionsMonthly or quarterly, as set out in the offer documents.
- LiquidityRedemption terms are set out in the offer documents; loans are generally held to repayment.
- InvestorsWholesale clients only, under section 761G of the Corporations Act 2001 (Cth).
- How to investApply online. We confirm your wholesale status and provide the offer documents when available.
- Minimum investmentSet out in the offer documents.
- Fees and costsSet out in full in the offer documents before you invest.
Risks
Key risks.
- Borrowers may fall behind or default, and the security may sell for less than the loan.
- Construction loans carry builder, cost and sales risk until the project is complete and sold or refinanced.
- Income can fall if loans are repaid early and cannot be relent on similar terms.
- Redemptions may be limited because loans cannot be sold quickly.
- Income and returns are not guaranteed, and you may lose some or all of your capital.
Next step
Apply to invest in this fund.
Applying does not commit you to invest. We confirm your wholesale status before sending the offer documents.
Questions? Email investing@yield.com.au.