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.
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!
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
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.
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
In addition, we have access to a range of repayment methods to suit your needs.
Part Capital Repayment / Part Interest Only
Advances are available in England, Wales & Scotland.
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.
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!