Your bank funds
slabs and frames.
Your home starts in a factory.
FYNX is specialist finance for prefab and modular construction. We fund off-site manufacturing milestones — not just what happens on your land. Australia-wide.
Traditional finance wasn't built for modern construction
Australian banks still assess construction loans using on-site milestones: slab, frame, lock-up, completion. That system was designed for homes built stick-by-stick on your block.
It breaks when your home is manufactured in a factory — where substantial value is created before anything appears on your land. Borrowers have historically needed to cover 20–90% of the build cost out of pocket before traditional finance kicks in.
of Australian homes are built with prefab or modular methods — low penetration, high policy interest
Housing Australia NHIF Review
dwellings short of demand forecast over the Housing Accord period — supply is structurally undersupplied
NHSAC State of the Housing System 2025
potential factory build time vs 12+ months for traditional on-site construction
CommBank / prefabAUS
of all company failures in Australia are in construction — lender caution around builder risk is well-founded
ASIC 2023-24
The financing gap holding back prefab and modular housing
Traditional construction lending assumes value is created on your land, stage by stage. Prefab and modular homes are built differently — substantial value is created off-site, in controlled factory environments, before anything appears on your block. One major bank has started adapting. The rest of the market has not.
Traditional Construction Loan
All milestones happen on-site. The lender's security improves as construction progresses visibly on the land.
Modular / Prefab Build
Most value is created off-site. Traditional bank milestones don't map to this delivery model — leaving borrowers exposed.
Building a prefab or modular home?
See if your project fits. No obligation, no commitment.
Finance that follows the build, wherever it happens
FYNX is purpose-built for off-site construction. Our milestone-based funding model is designed to track your project from factory floor to finished home — not retro-fitted from a traditional loan product.
Off-site milestone funding
Progress payments aligned to real manufacturing milestones — factory production, QA completion, dispatch, delivery, installation. Not slab-frame-lockup.
Manufacturer accreditation
We're building an accredited network of prefab manufacturers, assessing financial stability, delivery track record, and insurance coverage. Accredited partners mean faster approvals.
Digital process, real speed
Online pre-qualification, digital document collection, and transparent milestone tracking. Factory slots don't wait for slow bank processes.
Consumer and developer expertise
Whether you're building one home or a 50-dwelling modular development, FYNX has the product structure and the construction industry understanding.
National reach, specialist focus
Sydney-based with national coverage. We specialise in modern construction finance — it's all we do, and that focus is the point.
Delivery chain intelligence
We understand factory production, transport logistics, craning, and installation — not just the loan. That knowledge shapes better underwriting.
Built for the people building Australia's future housing
Homeowners & Investors
Building a prefab or modular home on your own land? Financing an investment build or granny flat? FYNX structures your loan around off-site milestones, so you're not stuck covering factory costs out of pocket while your bank waits for something to appear on your block.
- Prefab and modular homes
- Secondary dwellings and granny flats
- Land + build or build-only structures
- Progress funding during factory manufacture
Property Developers
Delivering modular townhouses, infill projects, or affordable housing? Most developer finance providers treat modular projects like conventional builds. FYNX provides modular-aware underwriting, factory-aligned draw schedules, and flexible capital stack solutions.
- Modular townhouse and infill projects
- Affordable and social housing developments
- Senior debt and mezzanine placement
- Factory-aligned milestone schedules
The signals are clear. Finance is catching up to construction.
We're not speculating about an imaginary trend. The institutions that shape Australian housing are already acting.
CommBank launched prefab-specific lending
In 2025, CommBank became the first major bank to join prefabAUS and offer progress payments during off-site manufacture — up to 60% of contract price for general customers, 80% for assessed manufacturers. No other Big Four bank has followed.
The gap between one bank's response and the rest of the market is exactly where FYNX operates.
$174M in government MMC funding
Federal and state governments have invested $174 million in modern methods of construction. Queensland targets 50% MMC in government projects. NSW is mandating prefab as "building work" under the Building Code. Victoria funds regulatory parity.
Policy is creating demand for modular housing that the finance system hasn't caught up with.
prefabAUS: 180+ members and growing
Australia's peak prefab body has over 180 member companies and is working with CommBank on a standard-form contract for modular construction — the missing infrastructure that will unlock wider lending.
The ecosystem is professionalising. FYNX is designed to plug into it.
APRA reviewing construction risk weights
The prudential regulator is consulting on more granular risk weights for development lending — potentially making well-structured modular finance more capital-efficient for the institutions behind it.
Regulatory tailwinds are building for specialist construction finance models.
Not another generic lender. A specialist platform for modern construction.
There are plenty of construction lenders. There is no other Australian finance platform built specifically around off-site manufacturing, factory milestone verification, and modular delivery logistics. That's the gap FYNX is designed to fill.
Specialist focus
100% focused on prefab and modular construction finance — not a bolt-on to a generic home loan
National reach
Sydney headquarters, serving projects across NSW, Victoria, Queensland, and expanding
Modern process
Digital-first origination and milestone tracking — factory slots don't wait for slow banks
Dual expertise
Consumer and developer products under one specialist brand — from single homes to multi-dwelling projects
Independent finance. Preferred delivery partners.
FYNX is an independent finance company. We work with a growing network of accredited prefab manufacturers and delivery partners — including Fabulr as a preferred design and delivery partner for modular timber housing.
FYNX and its delivery partners operate as separate entities with independent governance and credit assessment processes.
See if your project qualifies
Whether you're building a prefab home or developing a modular housing project, FYNX can help structure the right finance. Tell us about your project and a specialist will be in touch.