Development Finance Exit, new build scheme

Development Finance Exit, new build scheme

Loan typeDevelopment Exit Finance
Loan size£1,300,000
Loan term9 months
GDV£1,860,000
Property/assetNew build scheme
Property locationSouth of England
BorrowerExperienced Property Developer
Loan purposeAn established new build developer had reached the end of their term on their development finance. They were looking to exit the finance arrangement and capital raise to start a new project.
Loan exitNew build scheme unit sales

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