What is an exit strategy in development finance?
September 17, 2024An exit strategy is a plan for repaying the development finance at the end of the loan term. Common exit…How do I apply for development finance?
September 17, 2024To apply for development finance, you'll typically need to provide a detailed business plan, including project costs, timelines, and an…Do I need to provide security for development finance?
September 17, 2024Yes, development finance is typically secured against the property being developed. In some cases, additional security, such as personal guarantees…What is the typical term length for development finance?
September 17, 2024Development finance is usually short-term, with terms ranging from 6 to 24 months, depending on the scope and complexity of…What are the benefits of using development finance?
September 17, 2024The key benefits of development finance include access to large amounts of capital, staged funding aligned with project milestones, flexible…What can development finance be used for?
September 17, 2024Development finance can be used for a wide range of property-related activities, including purchasing land, covering construction costs, funding renovations…How does development finance work?
September 17, 2024Development finance is typically provided in stages, with funds released as the project progresses through various milestones. This ensures that…What is development finance and who is it a good option for?
September 17, 2024Development finance is a type of short-term funding specifically designed to support property development projects, including new builds, renovations, and…How do I know if a bridging loan is right for my business?
September 17, 2024A bridging loan may be right for your business if you need fast access to capital for a short-term need,…Can a bridging loan be repaid early?
September 17, 2024Yes, most bridging loans offer the flexibility to be repaid early without penalty, although this depends on the terms agreed…
