Access to Large Amounts of Capital
Development finance provides access to substantial funds necessary for large-scale projects, such as building new developments, renovating properties, or converting existing structures.
Development finance is a type of funding specifically designed to support property development projects.
It provides the necessary capital to cover the costs associated with building, renovating, or converting properties, from residential homes to commercial buildings. This form of finance is typically used by property developers, investors, and construction companies who need substantial funding to complete their projects.
At Sedulo Funding Solutions, we have access to the whole UK finance market and we make business finance easy.
Fancy booking a call (or meet-up) with our team of experts? We can get you a no-obligation quote.
Development finance provides access to substantial funds necessary for large-scale projects, such as building new developments, renovating properties, or converting existing structures.
Funds from development finance are usually released in stages, linked to the completion of specific milestones in the project. This approach ensures that the project remains on track, reducing the risk of overspending or mismanagement.
By providing the necessary capital upfront, development finance increases the viability of projects that might otherwise be delayed or shelved due to lack of funding. This allows developers to take advantage of market opportunities more quickly.
With access to over 150 lenders, we can help make your plans a reality.
Sedulo reduced the business’s monthly payments by consolidating unsecured debt which was used to purchase the long leasehold of their headquarters.
The garden retailer needed to expand their fleet of vehicles with a number of brand-new vans.
We’ve put together a list of common Business Loan FAQs. If there’s something you want to know and you can’t find the answer here, get in touch with our team of finance experts.
An exit strategy is a plan for repaying the development finance at the end of the loan term. Common exit strategies include selling the developed property, refinancing with a long-term mortgage, or leasing the property to generate rental income. The chosen exit strategy should align with the project’s goals and the lender’s requirements.
To apply for development finance, you’ll typically need to provide a detailed business plan, including project costs, timelines, and an exit strategy. Lenders will also require information about your experience in property development, the property’s valuation, and the security you can offer.
Yes, development finance is typically secured against the property being developed. In some cases, additional security, such as personal guarantees or other assets, may also be required, depending on the lender’s criteria and the specifics of the project.
Whether you’re looking to obtain funding to take on the next stage of business growth or access working capital to cover costs, it’s important to have a team of experts on your side.
Our experienced funding team operates out of each city centre office in Manchester, Leeds, Liverpool, London and Birmingham. We’re available to meet face-to-face so that we can better understand your business and talk you through your funding options, or we can assist over the phone – whichever you’d prefer!
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