Development Finance Exit, new build scheme
Sep 14, 2020 | Case Studies
| Loan type |
Development Exit Finance |
| Loan size |
£1,300,000 |
| Loan term |
9 months |
| GDV |
£1,860,000 |
| Property/asset |
New build scheme |
| Property location |
South of England |
| Borrower |
Experienced Property Developer |
| Loan purpose |
An 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 exit |
New build scheme unit sales |
