Developer Exit Bridging With Capital Raise
Developer Exit Bridging With Capital Raise
| Loan type | Developer exit bridge |
| Loan size | £2.9 million |
| Loan term | 12 months |
| GDV | £3.9 million |
| Property/asset | Residential development block of 14 apartments, currently under construction |
| Property location | Midlands |
| Borrower | Experienced property developer/house builder |
| Loan purpose | Refinance from existing development finance lender, raising £0.5 million capital to purchase site for next development project. |
| Loan exit | Unit sales |
Have a Project in Mind?
