Project Info
One Land Loan - £850,000Two Development Loan - £820,000Three Interest Roll Up Four 71% of GDVProject Description
This Experienced Developer had cash invested in multiple sites. Our brief was to get as much cash onto the table as possible.
We sourced a facility equivalent to 85% of the original purchase price plus all of the build costs capped at 71% of GDV.
And whats more, with cashflow tight, we negotiated a cash advance of £50,000 to get the construction underway before the first QS visit.
Our clients were delighted.
