Struggling To Raise Development Finance?
Check out the benefits of Collective Investment Schemes, a viable alternative source of much needed capital.
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Development Finance
Projects all around UK
GDV £1m - £30m
Interest - Base + 2 - 4% per annum
Family housing
Apartments (London only)
Arrangment Fee - Bank 1% + Monyy 1%
Exit Fee - 1% loan
Gross Profit Margin must show - 20% on total cost (before bank interest)
Use us to compare the market
Great if your bank has said no, our expertise can unlock the door
High Street banks provide this familiar lending product. The most obvious lender to you is your current bank; always try them first because they know you best. If they cannot help, try us.
You might like to try us for a competitive quote for overall terms offered by your bank, or, if your bank is currently unwilling to extend further facilities, perhaps we can find another High Street bank to step in and make an offer. The key here is you need 40% of total costs in equity ready to invest (excluding rolled up interest) in order to attract a High Street lender in these markets.
High Street banks will only back experienced developers with good schemes in areas of proven demand. They seek low risk and low gearing. If you are unable to provide this profile, please look through our other lending options to see if one of these will fit your circumstances.