Development & Construction Funding
Development Funding is used by property developers to fund a wide variety of projects. Generally, this type of funding is intended and offered as a short-term option, with lenders expecting repayment upon completion of the project, or alternatively, the project has been refinanced.
Typically, funds are raised at the start of the project and are secured against the value of the project’s land &/or other additional security if required. As the project progresses, the land becomes more valuable and further funds can be released. Given the anticipated end value of the project, funding for 100% of construction costs is readily available.
Finance requirements within this sector are significant, and this is where the experienced ACF team can really help you. Funding a commercial property development with the right sort of finance is essential as cash will be required throughout the construction phase.
Whether you are an experienced developer with a proven track record, or this is your first foray, All Commercial Finance will ensure that you are offered the most suitable funding allowing you to maximise the profitability of the project.