Development Finance Bank added to Bridging Loan Directory
By Bridging Loan Directory
Development Finance Bank has recently been added to the Bridging Loan Directory.
The Development Finance Bank can offer residential development funding to experienced property developers who have strong projects throughout the UK.
Their core focus is on residential property in the South East however they have lent on property in Wales and Northern Ireland. They look for experienced property professionals with UK focused opportunities, whilst the Development Finance Bank can provide senior debt finance they have more of a focus on mezzanine and joint venture.
Experienced Developers
- £500k – £50m GDV
- Housing projects in England, Scotland, Wales and Northern Ireland
- Most borrower types considered e.g. corporate, onshore/offshore
- Maximum term 3 years
- 70% – 90% of GDV ( Mix of Senior Bank Debt & Mezzanine )
New Developers
- £200k – £2m GDV
- Housing projects in England
- Most borrower types considered e.g corporates, onshore/offshore
- Maximum term 3 years
- 60% of the GDV
Online directory Bridging Loan Directory is aimed at IFAs, mortgage brokers and lenders that are serious about securing fast and effective solutions for short term finance.
The site offers a comprehensive list of key companies specialising in bridging loans and interim commercial finance for a multitude of purposes – from property development to buying a new house or paying an unexpected tax bill – so that intermediaries can select bespoke solutions for their customers.