# Woolong Capital

> Woolong Capital is a specialist lender for modular homes. Its Modular Build Finance funds factory-built homes for Australian companies and super fund trustee companies in 5 stages, each certified by an independent quantity surveyor and paid direct to the builder, then becomes a principal and interest loan of up to 10 years from handover.

Key facts. These are proposed terms, indicative and subject to credit assessment.

- Lender: Woolong Capital Pte Ltd (Singapore Unique Entity Number 202618356M), 9 Raffles Place, #29-05 Republic Plaza, Singapore 048619
- Lends to: Australian proprietary companies, and self-managed super funds with a company as trustee, that own and rent the homes. Not for personal or household use.
- Equity: 20% of the contract price or more, paid to the builder before the first draw
- Loan size: a combined loan to value ratio of 70% or less, against the home and a director's property
- Build: up to 6 months in 5 draws, each certified by an independent quantity surveyor and paid direct to the builder, with interest capitalised
- Repayment: up to 10 years from handover, monthly principal and interest by direct debit
- Rate: variable, the 1 month bank bill swap rate plus a margin, confirmed at application
- Builds financed: park cabins, land lease community homes, backyard units, multi-unit sites, knock down rebuilds and residential developments
- Contact: business@woolong.com.au, replies within 1 business day
- Apply: https://woolong.com.au/start

## Modular Build Finance

- [Modular Build Finance](https://woolong.com.au/product): the full proposed terms, eligibility, rates and fees, how the loan is sized, the 5 pieces of security and the events of default
- [How it works](https://woolong.com.au/how): the 10 steps from plans to keys, and what happens at every draw
- [Calculator](https://woolong.com.au/calculator): estimate a facility, the interest added during the build and the monthly repayment
- [Questions](https://woolong.com.au/faq): 13 answers on borrowing, the build, rent, insurance and default
- [Start an application](https://woolong.com.au/start): choose your builder and home from the builder panel, add the site and your company, and the application is created straight away

## What you can build

- [Park cabin finance](https://woolong.com.au/finance/park-cabins): Finance factory-built cabins for holiday and residential parks: 20% equity, 5 certified draws paid direct to your builder, then up to 10 years to repay.
- [Land lease community home finance](https://woolong.com.au/finance/land-lease-community-homes): Finance factory-built homes in land lease communities for companies that own and rent them: 20% equity, 5 certified draws, up to 10 years to repay.
- [Backyard unit finance](https://woolong.com.au/finance/backyard-units): Finance a factory-built backyard unit or granny flat that your company owns and rents out: 20% equity, 5 certified draws, up to 10 years to repay.
- [Multi-unit site finance](https://woolong.com.au/finance/multi-unit-sites): Finance several factory-built dwellings on 1 landholding under 1 site plan: 20% equity, certified draws paid direct to your builder, up to 10 years to repay.
- [Knock down rebuild finance](https://woolong.com.au/finance/knock-down-rebuilds): Finance a modular knock down rebuild on land your company owns: 20% equity, 5 certified draws paid direct to your builder, then up to 10 years to repay.
- [Residential development finance](https://woolong.com.au/finance/residential-developments): Finance townhouses and groups of factory-built homes to rent on land your company owns: 20% equity, certified draws paid to your builder, up to 10 years.

## Builders

- [Builder panel](https://woolong.com.au/builders): The modular builders on Woolong Capital's panel, whose factory-built homes we finance in 5 certified draws paid direct to the builder. Builders can ask to join.

## Guides

- [How modular build finance works](https://woolong.com.au/guides/how-modular-build-finance-works): A plain-English guide to financing factory-built homes: why modular needs its own finance, how certified draws work, what secures the loan and what it costs.
- [Modular build finance compared with a construction loan](https://woolong.com.au/guides/modular-build-finance-vs-construction-loan): How finance for a factory-built home differs from a standard construction loan: what each payment is for, who checks it, what secures it and who can borrow.

## Company

- [About](https://woolong.com.au/about): why Woolong Capital exists, the 4 parties to every build and the independent checks
- [Contact](https://woolong.com.au/contact): business@woolong.com.au
- [Broker partners](https://woolong.com.au/brokers): referrals and broker accreditation
- [X](https://x.com/woolongcapital): @woolongcapital
- [Instagram](https://www.instagram.com/woolongcapital/): @woolongcapital

## Optional

- [Full text](https://woolong.com.au/llms-full.txt): every fact and answer on the public pages in 1 file