HOW FLEXIBLE CAN DEVELOPMENT FINANCE BE?

We are now working with a Private Fund that provides Flexible Development Finance for Developers - within the M25, Oxford, Cambridge & Brighton.
As this lender has its own in-house Mezzanine Facility, it is able to help Developers who have minimal capital to input.

👉 SENIOR DEBT FINANCE  
• Geographically:   Within the M25, Oxford, Cambridge & Brighton
• Minimum Day 1 Loan: £750,000
• Maximum Loan: £4.5 Million
• Interest Rate: 0.95% per month rolled up. FEES: 1.25% of the loan added on 1.25% of the loan as an exit fee
• Term: 18 months
• Maximum exposure - 65% of Land - 100% of Build Costs - 65% LTGDV  
• Deferred Consideration of the purchase price    can be accepted.
• Adverse credit: Accepted.
• Asset Profile: Part completed projects.
• Residential & Semi Commercial projects
• Completion time- 4 to 6 weeks

👉MEZZANINE FINANCE  
• The Lender can provide Mezzanine or ‘Top up’ facilities along with their own Senior Debt facilities.  
• The amount advanced is 50% of the shortfall after the Senior Debt. 
- For Example:  If there is a Shortfall of £500,000 the Private Fund inputs £250,000 and the Developer inputs £250,000 however that may be.  
• Interest Rate: 2% per month and rolled up.  

Please feel to contact me anytime directly on my Mobile or Email if you wish to discuss a potential project.
M: 0750 222 7974
Email: Roy@yftb.co.uk
DevelopmentLending.co.uk