DEVELOPMENT FINANCE FOR BUSINESS GROWTH
We are able to provide all of the above facilities for single unit projects through to larger, multi-unit schemes. We have an extensive knowledge of funding within the property sector and work with many developers, predominantly in the SME marketplace. We are able to tailor a competitive finance package to suit each individual funding circumstances of both the borrower and the scheme.
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Residential development
Commercial development
Mixed use development
Conversions and refurbishments
Development exit finance
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Facilities range from £0.5M to £20M and up to 65% of GDV.
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Facilities usually provide 100% of construction costs, professional fees and interest, together with a contribution towards land purchase.
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Facilities are provided for a term appropriate to each particular scheme, usually up to 24 months.
Interest rates can be fixed or variable.