Development finance
Development finance is available on all commercial property types, including new build and refurbishments of offices, warehouses, factories, and shops. It’s also available for residential new builds, conversions and renovations.
But finding the right deal for your needs isn’t always easy. Many lenders will want evidence of architect drawings, planning permission and a clear exit strategy. Some will even want you to have a proven track record in property development.
Even if you have experience as a developer, searching the market for the right deal can be a lengthy and stressful process.
That’s where Commercial Expert comes in. We take away the headache by listening to your needs, understanding what stage you’re at, and then sourcing the best finance deal we can find for you. If that sounds good to you, then get in touch.
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What is Development Finance?
Development finance is exactly as it sounds – finance to cover the costs of development, in particular the development of property, for example:
As a whole of market commercial finance broker, we help you access the most suitable and competitive development finance products from mainstream and specialist lenders.
“I have a growing property portfolio and recently I have developed a couple of buy to let properties which Commercial Expert have helped and supported me with. I was fortunate to work with Dan as he got me where I wanted to be, and in that respect, I am grateful to have worked with a fantastic company who are very able and efficient in what they do.”
-Richard Brown, Landlord
Why choose Commercial Expert for development finance?
Development finance can be a minefield. Finding lenders that offer favourable terms and then figuring out what you need to do to meet their criteria is hard work in itself. And that’s before you even get approved. After that, there’s the jumping through hoops to actually get the money in your bank. Wouldn’t it be easier if you had someone to do all the leg work for you? And with Commercial Expert, you do.
Putting in the groundwork – our process starts with us getting to know you and your business. By putting in the groundwork upfront, gathering data and pre-empting questions from lenders, we make it more likely that your deal will run smoothly. Nobody wants a development project falling through at the final hurdle because of a tiny oversight at this stage.
Wealth of experience and specialist knowledge – the Commercial Expert team has decades of financial experience and industry knowledge. But more importantly, we know how to apply that experience and knowledge to get you the right deal on the best possible terms. With access to specialist lenders, we can often find you a solution even if you’ve been rejected by mainstream lenders.
Seeing it through to completion – once the deal is finalised, we don’t leave you there. We liaise with lenders, solicitors and vendors until you receive your funds and get your property development over the line. Only then do we all breathe a collective sigh of relief.
FAQs about Development finance
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