Financial District
 
Home Construction

Development

and Refurbishment Loans

 

If you are involved in the Building industry or make a living from Property Development and Refurbishment then the good news is that funds are readily available for all Residential & Commercial profitable projects which fit criteria. 

Here are some highlights of what is on offer:

Advances from £25,000 to £100 million

Previous credit problems considered

Excellent rates and flexible terms

Great deals where land is already owned

Residential property development loans

Commercial property development loans

Conversion of commercial property into flats

Restoration and renovation projects

Mezzanine finance available

A brief synopsis of current key underwriting criteria:

Applications should be supported by good evidence of demand in the local area

If properties are to be retained on completion then a long term re-finance exit plan must be provided

Developments should demonstrate sufficient margin to absorb any possible future reduction in the anticipated Gross Developed Value (GDV) of the project.

Experienced developers and builders are preferred by most lenders, although some lenders will now consider good quality applications from first time developers.
 

For experienced developers and if additional security is made available funding can be provided up to 100% of all site purchase, development and finance costs.

Business Meeting
Our team of development specialists will find the very best deals available and work with you  through the development phase to ensure everything runs smoothly. 

To help secure funding for your development project or any funding requirements please contact our team TODAY!

 
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Bridging Finance

If you have a need for a Short Term Loan and need the funds quickly then we can arrange to  provide funding for any legitimate purpose over loan terms ranging from 1 day to 24 months.

 

Obtaining bridging finance is, in essence, a simple process and loans can be secured on both Residential and Commercial Property Assets and Land / Development Sites.

 

In some cases other assets as security can be taken  for the loan such as Luxury Cars, Art , Jewellery etc.

Some potential uses:

Buying a bargain property at ‘Below Market Value’

Buy a property which is deemed ‘Un-mortgageable’ and requires significant refurbishment.

Moving home before your current property is sold

Buying a property at auction and needing funds quickly to complete on the purchase

Raising cash to buy a Business , Purchase Stock or perhaps buy out a Business Partner

Raising cash to pay a Personal or Business Tax bill

Raising cash to stave off a repossession order

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Funds can draw down generally within a matter of days and our experienced team will assist with all the necessary administration and valuations in order to ensure a smooth process.

Please call us today to see how we can help or submit an enquiry and we will contact you.

 
Open Space Office

Commercial Mortgages and Re-Finance Loans

Owner Occupied or Trading Business Commercial Mortgages

We have access to finance for the purchase or refinance of the following commercial property 

Light Industrial, Offices, Warehouses
 

Restaurants, Hotels, Guest Houses
 

Cafes, Fast Food Outlets, Pubs
 

Retailers, Convenience Stores, Shops
 

Mixed Commercial and Residential Property

Properties Owned by Limited Companies

Social Clubs, Care Homes, Nursing Homes

Business Purchases

office space

In addition, we have access to a range of repayment methods to suit your needs. 

These Include:

Interest Only
 

Part Capital Repayment / Part Interest Only
 

Capital Repayment
 

Advances are available in England, Wales & Scotland.

 
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Business Acquisition

and Expansion Loans

 

If you are looking to buy or start a new business and have a great business plan with the necessary experience then speak to us. There may be a need to buy a freehold property and many businesses will also need support with the purchase of the business goodwill, vehicles, stock and other key assets.

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We can provide access to the widest range of secured and unsecured finance facilities to help get you started

For assistance with funding for your new business please call us today to see how we can help or submit an enquiry and we will contact you.

To speak to us on any funding requirements please contact our team TODAY!

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Harco Assets Group - Moor Chambers - Front Street - Framwellgate Moor - Durham - DH1 5EJ

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