Business Loan for Property Development
Finding the right business loan for property development is an integral part of a development project. There are several business loans available for property development.
There are different types of projects which are classed as property development, below are a list of some property developments
- New Build – Building a house or houses/flats from scratch.
- Conversions – Converting an existing building into units/commercial.
- Extending – Extending or expanding a property.
- Renovating – Renovating or improving an existing property
The above list can go for both residential properties or commercial units and in many cases, mixed-use.
As a property development business, whichever type of development project the company is involved in, getting the right structured business loan for property development is essential.
Here at Property Finance Partners, we are experts in Property Finance, and one of the sections we specialise in is structuring loans for property developers.
Our process to get the business loan for the property development project is first to understand the project and what the developer aims to achieve. Property Finance Partners will match the correct finance to the project, which will save money in the bottom line.
Some Loan Options Available for Property Developments
Development Finance
Property development finance is a short term loan specially designed for property developments. The loan distributed in stages of the development.
Learn more on Development Finance.
Mezzanine Finance
Mezzanine finance is a second layer of debt finance to get a higher LTV (Loan to Value) on the existing debt.
Learn more about Mezzanine Finance.
Bridging Loans
Bridging loans for property development is also short term finance; this type of loan is secured against an existing asset; in most cases, a property.
Learn more about bridging loans for property development.
Joint Venture (JV) Finance
JV property development finance is another entity who is financially involved in the project and will be expecting a share of the profits.
Learn more about JV finance.
Senior Lending
The senior lending will involve the lender to get access to the first charge above all other debts or loans in the property or land. Learn more about Senior Lending
Why Property Finance Partners for Development Loans
The above are just a few options available to Property Finance Partners; we have established relations with some of the largest and most established lenders in the UK and abroad. So why choose Property Finance Partners for business loans for your property development.
- Lowest rates available in the UK from just 4.5% per annum
- Access to capital fast
- A vast array of financial solutions available
- The ability to mix financial products to save money
- Five-star customer service
- Award-winning company
How to Get Started: Business Loan for Property Development
It is easy to get started and save time and money on your finances, fill in the form below or if you prefer to contact us by email: [email protected] or call 020 3393 9277.
