How Our Development Loans Work
Once you have submitted your application, and if everything is in order, we will give you an offer letter within a matter of hours. We will then aim to complete the entire process as quickly as possible.
Our flexible and fast short-term finance can be adapted to suit your needs. Where required, we can have the funding ready for you in just a matter of days.
In the right circumstances, we can provide 100% of the funds you need to fulfil your residential development project – no matter how large or small. You can borrow between £10,000 and £3 million to help set your project on the right track.
Also, interest is only charged on the monies actually drawn. We do not charge any non-utilisation fees, unlike the high-street and challenger banks.
You can use our development finance for any or all parts of your project, including the following:
- To purchase land
- To pay for materials
- To contract labour
- To cover unexpected costs
We have helped developers who have been let down by their banks at the last minute, and we have also assisted private individuals whose projects have been derailed by investors pulling out.